| By Ben Worrell 3 min read | Companies and their advisors first need to determine who has the authority to grant such tax benefits. Read story → |
|
|
|
|
| | By Joe Schneider 2 min read | Former President Donald Trump and the House Oversight Committee failed to agree on the release of his financial documents after several rounds of negotiations and the committee says a federal judge should make the final decision. Read story → |
|
|
| | By Erik Wasson and Laura Litvan 4 min read | Top White House aides wrapped up a meeting with a group of senators Tuesday without producing an infrastructure compromise, as differences on how to pay for a proposed $579 billion in new spending for roads, bridges and other projects continue to bedevil the talks. Read story → |
|
|
| | By Brian Chappatta 2 min read | Stephen Schwarzman said the risk of an increase in U.S. capital gains taxes has led to explosive growth in potential targets for his alternative investment firm. Read story → |
|
|
|
| Create stronger bonds with your clients, add value to their businesses, and grow your practice with an array of powerful capabilities not found in any other cloud-based accounting system. WATCH THE DEMO → |
|
|
| | By Erik Wasson and Laura Davison 3 min read | Senate Budget Committee Chairman Bernie Sanders is proposing to partially revive the federal deduction for state and local taxes in an draft outline of a budget resolution designed to fast-track much of President Joe Biden’s economic agenda. Read story → |
|
|
| | By Jeff Stimpson 2 min read | A new holiday; VAT questions; give parents credit; and other highlights from our favorite tax bloggers. Read story → |
|
|
| | By Michael Cohn 4 min read | The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit. Read story → |
|
|
| | By Roger Russell 3 min read | Taxing jurisdictions are less anxious about revenue — but they’ll be more focused on sales tax than before. Read story → |
|
|
| | By Melissa Karsh, Michelle F. Davis and Devon Pendleton 5 min read | A combination of high valuations on companies and potentially higher taxes in the future is proving to be a potent motivator for selling private companies. Read story → |
|
|
| | By Roger Russell 6 min read | Tax experts dissent the Biden budget proposal in search of planning opportunities. Read story → |
|
|
| Follow Accounting Today in real time. More ways to get the most trusted industry news and analysis. |
|
| | | | | | RESOURCES | | WEB SEMINAR | | Thursday, June 24, 2021 2:00 PM EDT | Accelerating your firm toward a 21st century practice is possible for firms of any size. Learn More → | SPONSOR CONTENT FROM AVALARA | | REPORT | | | These 200 industries are poised to grow over the next 5 years, though several are facing a slew of risks. Learn More → | SPONSOR CONTENT FROM IBISWORLD | | WEB SEMINAR | | Tuesday, July 27, 2021 2:00 PM EDT | Few clients need their accountants’ help more than nonprofit organizations, which face a host of constraints and new expectations even in the best of times – but with the COVID-19 pandemic having seriously impacted their ability to both fulfill their core missions and raise much-needed funds, nonprofits need help more than ever. Learn More → | SPONSOR CONTENT FROM CPA.COM | More resources → |
|
|
|
|