The service intends to take steps to automatically refund money starting in May and continuing through the summer. | Biden aims to end corporate tax cuts rewarding investors | | By Laura Davison 5 min read | | The corporate tax-cut party President Donald Trump kicked off will soon be over if his successor proves able to enact proposals to roll back half of the 2017 domestic income-tax reduction and to radically revamp levies on profits earned abroad. | |
| Biden $2.25T plan squeezed by all sides in Congress | | By Erik Wasson, Laura Litvan, Billy House and Jennifer Epstein 6 min read | | President Joe Biden laid out what he called a “bold” plan to rebuild U.S. infrastructure, but now needs an equally ambitious effort to wrangle it through Congress in the face of Republican opposition and criticism from within his Democratic Party. | |
| Global companies navigate perilous post-pandemic tax season | | By Ragu Bhargava 5 min read | | As companies prepare to file for the upcoming tax season, businesses face uncertainty emerging from an enduring pandemic. Further, dealing with multiple jurisdictions’ changing laws, deadlines and requirements can often require a small army of specialists. | |
| SPONSOR CONTENT | | Advances in Technology | | Learn about top technology innovations advancing the accounting community. | |
| IRS extends more tax deadlines until May 17 | | By Michael Cohn 5 min read | | The Internal Revenue Service responded Tuesday to calls for extending more tax deadlines by giving taxpayers until May 17 to make IRA and HSA contributions and file some refund claims. | |
| In the blogs: Human nature | | By Jeff Stimpson 2 min read | | When to file on 8821; RMDs and the extension; cloud concerns; and other highlights from our favorite tax bloggers. | |
| WEB SEMINAR | | Top trends in auditing 2021 | | To help auditors navigate the fast-paced evolution of the field, this webinar will gather a panel of experts to discuss critical trends, the latest developments, and what’s coming down the pike. | |
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