TAX PRO TODAY

Expect a ‘more aggressive’ compliance landscape for taxpayers

By Roger Russell       5 min read

After a pause during COVID, experts predict an increase in tax controversies. Read story →

Biden tax rule could kill the step up in basis

By Caleb Melby and David Kocieniewski       7 min read

Congress estimates that the rule currently costs the government about $43 billion a year. Read story →

CLA snags $11M in opportunity zone funding for clients

By Michael Cohn       5 min read

CliftonLarsonAllen LLP has managed to secure $11 million in opportunity zone funding for a client building a multifamily development in South St. Paul, Minnesota.  Read story →

German finance chief sees global corporate-tax deal by summer

By Christoph Rauwald       1 min read

The Biden administration has proposed that the U.S. apply a 21 percent global minimum rate.  Read story →

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Biden’s tax-and-spend plans are big, but wealth gaps are bigger

By Katia Dmitrieva       4 min read

The president's promise to start narrowing income and wealth gaps underpins every part of his economic program. Read story →

Accountants help restaurants apply for new SBA grants

By Michael Cohn       5 min read

The Small Business Administration plans to begin accepting applications Monday for a new program to help hard-hit restaurants reopen during the pandemic, and some firms are preparing clients to apply.  Read story →

IRS previews proposed K-2 and K-3 for int'l taxes

By Michael Cohn       2 min read

The updated early draft versions will be used by pass-through businesses to report foreign tax information. Read story →

Biden tax proposal would kick in at over $500K for couples

By Josh Wingrove and Laura Davison       2 min read

The proposed top 39.6 percent tax bracket in the administration's “American Families Plan” would encompass less than 1 percent of taxpayers. Read story →

Biden musters early momentum for tax-spend vision

By Erik Wasson and Billy House       5 min read

The president holds some advantages in pushing for what would be a massive expansion of the government. Read story →

Biden says tax hikes on rich will fund cuts for many more

By Justin Sink and Mario Parker       3 min read

The president is on the road to sell his plans to build infrastructure and invest in education, child care and other priorities.  Read story →

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A people-driven approach to finance automation

Tuesday, May 4, 2021 2:00 PM EDT

Think finance transformation requires big, sweeping technology implementations? Think again. What truly meaningful transformation requires is commitment from everyone—top to bottom— to share in the belief that they can truly adapt to the changing ways of work. Learn More →

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Cryptocurrency, blockchain and your clients

Thursday, May 27, 2021 2:00 PM EDT

In very different ways, blockchain and cryptocurrencies offer new opportunities to accountants. Learn More →

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