The Internal Revenue Service released guidance Monday for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program. The risks of tax season | By Roger Russell 5 min read | Practitioners face malpractice issues right from the start of filing, and this year may be even worse than usual. | | SPONSOR CONTENT | Secrets of the top 100 firms | We'll share some of the secrets behind the top 100 firms' achievements, including trends in service offerings, staffing and more. | |
Treasury sees jump in stimulus payment fraud | By Michael Cohn 2 min read | The Financial Crimes Enforcement Network issued a warning about the widening range of scams involving Economic Impact Payments aimed at recipients of COVID-19 relief. | |
House passes Biden aid with $1,400 checks; focus moves to Senate | By Erik Wasson 3 min read | The House passed President Joe Biden’s $1.9 trillion pandemic-relief plan, spanning $1,400 stimulus checks, enhanced jobless benefits and fresh funding for vaccines and testing. Also included: a minimum-wage measure with no prospects of passing in the Senate. | |
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