The two-hour event will provide insight into the future of accounting firms, everyday innovation, tools to grow accounting practices through innovative approaches, and Canopy’s roadmap.
This past year has been a busy one on the tax legislation front with the following tax bills passed by Congress: Coronavirus Aid, Relief and Economic Security (CARES) Act; Families First Coronavirus Response Act; Setting Every Community Up for ...
The Internal Revenue Service has made several changes it says are designed to help struggling taxpayers impacted by COVID-19 more easily settle their tax debts with the IRS.
It’s harvest time again. Traditionally, at the end of the year investors realize or “harvest” capital losses or gains from sales of securities to secure tax advantages. And, with the tumultuous times we’ve experienced in 2020, there are more ...
Despite the challenges, 63 percent of businesses say they have ample cash reserved to survive the remainder of the pandemic; and 72 percent agree they have the resources to implement and enforce measures to keep employees and customers safe and ...
If your business is ramping up operations at the end of the year or pivoting to a new product line or activity, you may need to acquire additional business assets for the big push. Fortunately, the tax law provides generous benefits for year-end ...
A critical factor in deciding what software to use is determining how well the software in question will facilitate record keeping for completed and ongoing work in your company. An essential component at all business levels, especially the managerial ...
The IRS coordinated the extension from the usual Oct. 15 deadline with the Financial Crimes Enforcement Network (FinCEN) for this year only to filers for 2019 calendar year FBARs. FBAR filers impacted by the ...