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21 New Year's Financial Resolutions for 2021

(CPA Practice Advisor) - The annual ‘fresh start’ that comes with a new year is fast approaching. This is a great opportunity for Americans to review their overall financial situation, check-in on their goals and set some new ones.


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Temporary E-signature Authorization for IRS Forms Extended 
(JofA) - The IRS announced that it was extending taxpayers’ ability to file a number of forms using electronic signatures due to the pandemic. The limited relief extends the authorization through June 30, 2021.

Expect a (Mostly) Better PPP in the Next Stimulus Package 
(Inc.) - As pandemic cases and deaths reached record levels, Congress bickered over the details of the legislation. Whatever deal emerges, a reshaped PPP will be part of it.

A Two-Pronged Approach For Challenging Tax Regulations 
(Forbes) - Roxanne Bland argues that it may be beneficial for some taxpayers mounting a substantive challenge to a regulation, to consider mounting a procedural challenge as well.

2020 Year-end Tax Tips: What We Do Know and What We Should Know 
(Accounting Today) - For our own accounting and tax firms, as well as the client businesses we advise, we have had a year like no other.

Amid Surging COVID-19, Fed Could Take Steps to Lower Mortgage Rates, Boost Economy 
(USA Today) - The Fed already has cut its key short-term interest rate near zero and vowed to keep it there until the economy returns to full employment and inflation runs above its 2% goal “for some time” – a promise that likely would mean no rate hikes until 2024

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