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| | | By Laura Davison and Genevieve Douglas 2 min read | The service is gearing up for a potentially massive tax-enforcement push if Congress passes a plan including $40 billion to expand audits on the wealthy. View story → | | |
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| | | By MacKenzie Hawkins 3 min read | A bipartisan group of lawmakers is proposing to boost affordable housing by 2 million units over the next decade by expanding a key tax credit. View story → | | |
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| | | By Greg Stohr 2 min read | The Supreme Court rejected a New Hampshire challenge to Massachusetts’ practice of taxing people who started telecommuting from elsewhere during the pandemic. View story → | | |
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| | | By Jennifer Epstein and Erik Wasson 5 min read | Top aides to the president are reaching out to senators to convey his enthusiasm for the agreement, a White House official said. View story → | | |
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| | | By Patricia Hurtado and Greg Farrell 3 min read | Trump’s family real-estate company expects to be accused of tax crimes relating to its payment of perks and benefits to favored employees. Read story → |
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| | | By Michael Cohn 13 min read | The Internal Revenue Service is focusing on cryptocurrency tax evasion with virtual currencies like Bitcoin and nonfungible tokens, employing data analytics to uncover transactions that crypto users assumed were hidden. Read story → |
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| | | By Danielle Lee | Sikich opens new offices in Indianapolis and Milwaukee to support flexible work model; NJCPA recognizes 2021 Lifetime Leader; and more CPA news. Read story → |
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| | | By Michael Cohn 3 min read | Congress reintroduced legislation to prevent abuses of a tax break that’s supposed to protect public lands, but is often used as a tax shelter. Read story → |
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| | | By Ranica Arrowsmith | Biller Genie adds customization features to AR software, and Cloud at Work is now Oasis Solutions’ exclusive Sage hosting provider. Read story → |
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| | RESOURCES | | | WEB SEMINAR | | 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 → | SPONSOR CONTENT FROM WOLTERS KLUWER | | | REPORT | | | An easy guide for Financial Controllers to achieve and maintain compliance with GASB 87. Learn More → | SPONSOR CONTENT FROM EZLEASE | | | REPORT | | | An overview for achieving and maintaining compliance with the ASC 842 lease accounting standard. Learn More → | SPONSOR CONTENT FROM EZLEASE | More resources → |
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