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Guidance Issued on 2021 Qualified Sick and Family Leave Wage Reporting

(JofA) - Information reporting on Form W-2 or a separate statement allows self-employed taxpayers to claim qualified sick leave and qualified family leave equivalent credits.


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How Business Travel May Never Be the Same Again 
(Reuters) - Sylvia Burbery is delighted that she no longer spends most of her life travelling for work. "I am grateful that the pandemic has forced us to step back and look at ways of working we took for granted,"

Job Openings Soar to 10.9 Million as Companies Struggle to Fill Positions 
(CNBC) - Job openings outnumbered the unemployed by more than 2 million in July as companies struggled to fill a record number of vacancies, the Labor Department reported Wednesday.

Critics Sound The Alarm Ahead Of Possible Retroactive Capital Gains Tax Hike 
(Forbes) - President Biden has proposed increasing the top 23.8% capital gain rate to 43.4%, a staggering 82% increase. Then there is timing. As proposed, the rate hike is already in effect for sales after April 28, 2021. More refined tax proposals are probably coming, with even step up in basis in jeopardy.

The Difference Between Fee-Only & Fee-Based Advice 
(Accounting Web) - Although they sound similar, the terms "fee only" and "fee based" have very different meanings when they pertain to giving financial advice.

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