The Internal Revenue Service is holding up millions of tax refunds for manual processing and its systems were unable to process many of the quarterly payments that needed to be sent by April 15.
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April 26, 2021
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IRS sees delays in tax refunds and quarterly payments
By Michael Cohn      5 min read
The Internal Revenue Service is holding up millions of tax refunds for manual processing and its systems were unable to process many of the quarterly payments that needed to be sent by April 15.
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People & firms on the move: CPA.com vet Mansfield joins ConvergenceCoaching
By Danielle Lee
FASB appoints members to Small Business Advisory Committee; NATP and ADP announce virtual events; and more CPA news.
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Tech news: Bill.com adds Microsoft Dynamics integrations, and more
By Ranica Arrowsmith
AuditBoard releases risk and compliance software, and a new crypto payment platform is available.
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SBA offers targeted advances to small businesses and tries again on shuttered venue program
By Michael Cohn      3 min read
The Small Business Administration debuted a new program to help small businesses weather the COVID-19 pandemic and prepared to retry a launch of its Shuttered Venue Operators Grant program.
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CalCPA announces 2021 Women to Watch
By Sean McCabe      1 min read
The California Society of CPAs honored eight top female professionals across the state, from emerging to experienced leaders.
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Don’t overlook the employee retention credit
By Randy Crabtree      4 min read
The PPP gets most of the headlines, but the ERC helps businesses garner substantial tax savings. Can employers qualify for both programs?
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Biden aims to tax the wealthy's capital like wages
By Laura Davison and Allyson Versprille      4 min read
The White House plans to propose almost doubling the capital gains tax rate for those earning $1 million or more, to 39.6 percent.
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Ex-Deloitte auditor faces disciplinary action over Steinhoff
By Janice Kew      2 min read
A former audit partner is facing disciplinary action in the Netherlands for an improper audit prior to the South African retailer’s near collapse more than three years ago.
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Major banks reap huge tax perks from ESG projects
By Max Abelson and Lananh Nguyen      4 min read
Biden's infrastructure plan calls for an expansion of tax credits for low-income housing, energy-efficient buildings and renewable energy, and that could boost the finance industry's options.
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IPSASB proposes changes in public sector accounting
By Michael Cohn      3 min read
The international board released four proposals for improving various aspects of government accounting.
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