Here are 12 tasks — one for each month — that accounting firm leaders can use to improve their practices all year long.
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January 6, 2021
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Daily Briefing
Your 2021 to-do list
By Daniel Hood
Here are 12 tasks — one for each month — that accounting firm leaders can use to improve their practices all year long.
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IRS overlooks billions in potential taxes from nonfilers
By Michael Cohn      3 min read
The Internal Revenue Service hasn’t been pursuing cases involving hundreds of billions of dollars in income from individuals and businesses whose income has been showing up in Form 1099-K information returns, but has been otherwise unreported.
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M&A roundup: Citrin Cooperman, BerryDunn, Wipfli and Calvetti Ferguson expand
By Michael Cohn
Citrin Cooperman added Goren, Marcus, Masino & Marsh; BerryDunn merged in VantagePoint Healthcare Advisors; Wipfli combined with Hughes & Company; and Calvetti Ferguson acquired Larkin, Ervin, and Shirley.
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IRS revamps application for 501(c)4 tax-exempt status
By Michael Cohn      2 min read
The Internal Revenue Service issued a revised Form 1024-A Tuesday, along with instructions permitting it to be filed electronically.
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Specialty tax provisions in the new stimulus could mean a lot for businesses
By David McGuire      3 min read
The bill has far-reaching tax consequences, including in the world of specialty tax.
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Tax Fraud Blotter: Wheels of justice
By Jeff Stimpson      6 min read
Ooo, the pain; off the market; a lower calling; and other highlights of recent tax cases.
Read More
 
In the blogs: Fair exchanges
By Jeff Stimpson      3 min read
Costs of moving; fee on estate tax closings; top Twitter accounts to follow; and other highlights from our favorite tax bloggers.
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Foreign auditor use increasing among U.S. companies
By Michael Cohn      3 min read
Over one-third of U.S. public company audits rely on at least one audit firm abroad, according to new research.
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Will COVID stimulus be the breakthrough carbon capture has been waiting for?
By Leslie Kaufman      3 min read
The relief bill includes an extension of the 45Q tax credit, which gives companies a tax break for capturing carbon..
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Tax Fraud Blotter: Wheels of justice
By Jeff Stimpson      6 min read
Ooo, the pain; off the market; a lower calling; and other highlights of recent tax cases.
Read More
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