The Internal Revenue Service posted information about how to correctly compute the new exclusion on a portion of unemployment income as Congress pushes the IRS for further tax-filing relief. | IRS offers guidance on unemployment benefits exclusion | | By Michael Cohn 5 min read | | The Internal Revenue Service posted information about how to correctly compute the new exclusion on a portion of unemployment income as Congress pushes the IRS for further tax-filing relief. | |
| Lawmakers introduce bill to extend PPP through May 31 | | By Michael Cohn 8 min read | | Members of Congress are proposing bipartisan legislation to extend the deadline for Paycheck Protection Program loans another two months as accountants press for more time on the expiring program. | |
| SPONSOR CONTENT | | 3 tips to a better peer review | | Find out how you can further improve your peer review when you attend this session. CPA firm audit partners, audit managers and audit staff interested in improving their audit quality and efficiency should attend. | |
| Art of Accounting: The Ides of March | | By Edward Mendlowitz 3 min read | | March 15 is a busy date. The S corporation and partnership returns are due then, so the K-1s can be distributed timely. | |
| Biden eyes first major tax hike since 1993 | | By Nancy Cook and Laura Davison 6 min read | | President Joe Biden is looking at higher taxes to help pay for a long-term economic program designed as a follow-up to his pandemic-relief bill. | |
| Tiered huddles help firms manage busy season | | By Kyle Walters 5 min read | | By becoming a learning organization, your team can learn to solve their own problems and free you up to focus on clients and big-picture initiatives. | |
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