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| | | By Jordan Fabian, Jennifer Epstein and Josh Wingrove 5 min read | The president and Republican congressional leaders see a narrow opening for compromise on infrastructure spending yet significant obstacles remain, particularly on tax increases. View story → | | |
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| | | By Danielle Lee | Indiana CPA Society participates in virtual CPA Week; BKD releases benchmarking tool for higher education institutions; and more CPA news. View story → | | |
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| | | By Jeff Stimpson 1 min read | Amounts attributable to carryovers or an extended period for incurring claims will be excludable from income. View story → | | |
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| | | By Michael Cohn 6 min read | The Internal Revenue Service has picked TaxBit, a Salt Lake City-based company, as a subcontractor to help it do data analysis and tax calculations for audits of taxpayers with cryptocurrency. View story → | | |
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| | | By Ranica Arrowsmith 3 min read | The Big Four firm was exploring what smart glasses could do before COVID-19. When the pandemic hit, they put their foot on the gas. Read story → |
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| | | By Michael Cohn 10 min read | As businesses invest in cryptocurrency and sell assets like nonfungible tokens, they should be aware of the accounting and tax issues surrounding them. Read story → |
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| | | By Laura Davison 2 min read | Three Democratic senators introduced legislation that would stop the tax breaks used by private equity money managers and others. Read story → |
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| | | By Erik Larson 2 min read | Ohio and Missouri judges deny injunctions because those states haven’t yet suffered any harm. Read story → |
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| | | By Ben Worrell 4 min read | In the world of accounting, economic credits and incentives have been shrouded in mystery for some time. Read story → |
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| | RESOURCES | | | WEB SEMINAR | | Thursday, May 20, 2021 2:00 PM EDT | The ASC 842 lease accounting standard for non-public companies will be required beginning in 2022. Learn More → | SPONSOR CONTENT FROM SAGE INTACCT | | | EBOOK | | | In this guide, see how spreadsheets increase risk and why a purpose-built application matters. Download Now → | SPONSOR CONTENT FROM EZLEASE | | | REPORT | | | As businesses across different industries work to improve experiences, U.S. consumers have increasingly high expectations of service, attention to detail, and convenience. So we commissioned an independent survey of U.S. taxpayers in order to get a better understanding of how the experience economy is affecting the expectations taxpayers have about their experience preparing taxes with an accountant. Learn More → | SPONSOR CONTENT FROM CANOPY | More resources → |
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