The guidance clears up the tax treatment of expenses when a loan from the Paycheck Protection Program hasn’t been forgiven by the end of the year. | Coronavirus delays IRS reorganization | | By Michael Cohn 3 min read | | The pandemic is throwing a monkey wrench into plans for the Internal Revenue Service to reorganize itself to provide better taxpayer service. | |
| IRS investigating fewer tax preparers | | By Michael Cohn 5 min read | | The Internal Revenue Service’s Criminal Investigation unit has been initiating fewer investigations of abusive tax return preparers this past year, while also recommending fewer prosecutions, and seeing fewer indictments and prison sentences this year. | |
| PwC acquires EagleDream Technologies | | By Michael Cohn 2 min read | | The Big Four firm has agreed to acquire the assets of a digital transformation company that's part of the Amazon Web Services Partner Network. | |
| The craziest work-from-home expenses of 2020 | | By Michael Cohn 1 min read | | Employees working remotely during the coronavirus pandemic claimed some outlandish expenses this year, including pricey exercise bikes, facelifts and private jets. | |
| WEB SEMINAR | | Total firm management: Trends and technology for 2021 and beyond | | Get a head start on 2021! Many firms had to abruptly change directions this year, but it’s never too early to start planning for next year. Find out what trends are influencing accounting firm technology strategies and how firms are looking to innovation to become more resilient and agile. | |
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