| By Michael Cohn 4 min read | The service didn’t flag hundreds of millions of dollars of unsupported deductions. Read story → |
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| | | By MacKenzie Hawkins and Laura Davison 4 min read | U.S. lawmakers are wary of passing any legislation until they have strong assurances that other countries will also change their laws. Read story → |
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| | | By Roger Russell 3 min read | A new survey by Sovos highlights the ongoing digital evolution of the field. Read story → |
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| | | By Michael Cohn 6 min read | The Senate Finance Committee chairman's legislation would streamline the 199A deduction for qualified business income, allowing accountants, lawyers, doctors and others to qualify, but phasing out above $400,000. Read story → |
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| Streamline your firm, increase your ROI and create a conected client experience with a full suite practice management software. LEARN MORE → |
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| | | By Jeff Stimpson 4 min read | The pandemic and financial crimes; another provider leaves; why CRM and accounting don’t mix; and other highlights from our favorite tax bloggers. Read story → |
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| | | By Lynnley Browning 5 min read | Securities-based lending is up sharply as wealthy investors leverage gains in their stock portfolios into low-interest loans for pricey purchases. Read story → |
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| | | By Billy House and Erik Wasson 4 min read | So far, the Speaker of the House has been relegated to the sidelines in the stalled Senate debate over a $3.5 trillion budget blueprint. Read story → |
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| | | By Colin Wilhelm 2 min read | The bill would expand eligibility for the “pass-through” deduction to lawyers, accountants or doctors making above certain income thresholds. Read story → |
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| | | By Michael Cohn 3 min read | Intuit has decided to leave the Free File Alliance after coming under criticism for making it difficult to access a truly free version of TurboTax. Read story → |
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| | | By Michael Cohn 4 min read | The Internal Revenue Service has begun offering online Tax Pro Accounts that practitioners can use for submitting an authorization request to an individual client’s own taxes online with the IRS. Read story → |
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| | Follow Accounting Today in real time. More ways to get the most trusted industry news and analysis. |
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