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Unemployment Compensation Exclusion Corrections Led to 12 Million Refunds

(JofA) -Nearly 12 million taxpayers received refunds for 2020 through automatic corrections the IRS made because the American Rescue Plan Act added an exclusion for unemployment compensation after some taxpayers had already filed their returns.


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Power of Change Honoree: Ebonie Jackson on Using Accounting Knowledge to Help Others 
(Ohio CPA) - One CPA said her finance background has allowed her to explore a wide range of roles while also positively impacting others.

Astronomers Find the Edge of Our Galaxy 
(Gizmodo) - New research on pulsing stars has shifted the boundary of the Milky Way a few thousand light-years closer to the Andromeda galaxy.

Proving the Value of Digital First to Your Customers 
(Accounting Today) - Tax and accounting professionals can be risk-averse and take a conservative, measured approach to analyzing facts and figures, leaving no stone unturned, and always proceeding with caution. This approach is why they're successful in business.

78% of Small Businesses Say TikTok Ads Have Boosted Profits 
(CPA Practice Advisor) - In addition, one in 10 small businesses went viral on TikTok organically, according to a new survey from Capterra.



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