BEST

IRS offers guidance on depreciating residential rentals

By Michael Cohn       2 min read

The service has posted new procedures to explain how a change in tax law last year potentially affects the depreciation of residential rental property.  Read story →

Tax pros caution clients on taking monthly child tax credit

By Allyson Versprille       4 min read

Clients could end up having to pay back the money next filing season. Read story →

IRS offers online tools for managing Child Tax Credit payments

By Michael Cohn       4 min read

The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit.  Read story →

Expect sales taxes to proliferate post-pandemic

By Roger Russell       3 min read

Taxing jurisdictions are less anxious about revenue — but they’ll be more focused on sales tax than before. Read story →

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Tax season: A learning experience for all concerned

By Roger Russell       6 min read

The IRS, tax preparers and taxpayers all scrambled to keep up with a rapidly changing situation this year. Read story →

Transformative tax proposals in Treasury’s Green Book

By Roger Russell       6 min read

Tax experts dissent the Biden budget proposal in search of planning opportunities. Read story →

Fraud likely to increase post-pandemic

By Michael Cohn       5 min read

Anti-fraud professionals are anticipating a rise in fraud this year after seeing it go up since the beginning of the COVID-19 pandemic last year. Read story →

A record buyout is just the start as wealthy flee U.S. tax hike

By Melissa Karsh, Michelle F. Davis and Devon Pendleton       5 min read

A combination of high valuations on companies and potentially higher taxes in the future is proving to be a potent motivator for selling private companies. Read story →

KPMG faces $21M fine for H.I.G. Capital conflict

By Todd Gillespie and Ellen Milligan       1 min read

KPMG U.K. Ltd. faces a 15 million pound ($21 million) fine after it committed “gross misconduct” over a conflict of interest when it advised bed manufacturer Silentnight and the private equity firm that bought it in 2011. Read story →

Wipfli makes good on expansion plans

By Michael Cohn       7 min read

Wipfli’s latest merger is bringing the Midwest-based firm to California, but since the pandemic, it has been able to recruit talent around the world. Read story →

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Tax legislation update and tips for generating client engagements and revenues in 2022

Tuesday, July 13, 2021 2:00 PM EDT

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WEB SEMINAR

Tax legislation update and tips for generating client engagements and revenues in 2022

Tuesday, July 13, 2021 2:00 PM EDT

Get a head start on next tax season by learning what types of planning might be in store for you and your clients heading into 2022, including a review of all COVID-19 relief provisions, the SECURE Act and the CARES Act. Learn More →

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