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December 6, 2021

Prepared for Voornaam

IRS to allow e-filing of new K-2 and K-3 schedules starting in March

By Michael Cohn       3 min read

The Internal Revenue Service said Friday it will be rolling out the ability to electronically file the new Schedules K-2 and K-3 next year, but not at the beginning of the filing season. View story →

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Accounting Today

Editorial Team

On the move: KSM appoints chief growth officer

By Danielle Lee      

Casey Neilon's Darsi Casey elected Alliott Global Alliance's first woman chair; Jackson Thornton names pair of principals; and more CPA news.  View story →

RELATED

On the move: MACPA sponsors annual CPA swearing-in ceremony →

KSPCA elects 2021-22 officers, directors and trustees; Somerset CPAs promotes five to senior manager; and more CPA news.

Rushed tax moves? No regrets for these investors or advisors

By Lynnley Browning       5 min read

Many proposals for tax hikes on the wealthy haven't materialized, leaving investors with trusts, gifts or sales that might now seem hasty — or not.  View story →

Employers added 210K jobs in November, including 7.6K in accounting

By Michael Cohn       3 min read

The unemployment rate declined by four-tenths of a point to 4.2%, but the job gains fell well short of expectations.  View story →

Accountants helping health providers cope with economic strains amid pandemic

By Michael Cohn       6 min read

Accountants are coming to the aid of doctors and health care organizations who are dealing with not only the COVID-19 pandemic and its variants, but also with changing tax laws and accounting standards. View story →

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R&D amortization: Delay the start, but repeal the goal

By Jamie Overberg       3 min read

Eliminating the revenue-raising R&D amortization provision in the 2017 tax reform is the best way forward for U.S. innovation. View story →

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SALT-cap negotiations falter, dimming hopes for a deal this week

By Laura Davison and Kaustuv Basu       2 min read

Senate Democrats negotiating an expansion of the state and local tax deduction aren’t near a deal, raising the prospect that talks will spill into next week — and potentially next year. View story →

Trump’s niece says his suit over tax story violates N.Y. law

By Erik Larson       3 min read

Mary Trump said her uncle’s lawsuit over her role as a source for a report on the former president’s tax avoidance violates a law against frivolous litigation.  View story →

Yes, you can still hide bank accounts offshore

By Alexis Leondis       3 min read

The government has worked hard over the past decade to stop Americans from hiding bank accounts offshore. But not hard enough.  View story →

Intuit updates tax prep tools

By Daniel Hood       2 min read

The company is rolling out improvements to ProConnect Tax Online, ProSeries and Lacerte ahead of the coming tax season. View story →

Tax Fraud Blotter: Human error

By Jeff Stimpson       5 min read

Pharma fraud; foreign affairs; spreading the scheme around; and other highlights of recent tax cases. Read story →

Grant Thornton adds benefits to entice and retain employees

By Michael Cohn       2 min read

Grant Thornton has increased its employee benefits to attract new talent and keep staff from leaving for other firms, including absorbing employee premium increases associated with its medical benefits for 2022 to offset inflation. Read story →

CPA executives concerned about inflation, hiring

By Michael Cohn       2 min read

Inflation worries and the labor shortage are dragging down optimism in the U.S. economy, according to a survey by the American Institute of CPAs. Read story →

NASBA stops publishing info on CPA exam performance

By Michael Cohn       3 min read

Universities and colleges have long relied on to rank their accounting education programs Read story →

M&A roundup: EisnerAmper and Ryan expand

By Michael Cohn      

EisnerAmper merged in Caler, Donten, Levine, Cohen, Porter & Veil; and Ryan LLC acquired Qvalia's VAT recovery audit consulting unit. Read story →

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