Tax

Running an accounting practice has always come with unique challenges, but the COVID-19 pandemic brought unprecedented challenges, as well as some less-obvious opportunities.

Roughly 39 million households—covering 88% of children in the United States—are slated to begin receiving monthly payments without any further action required.

Victims of this spring’s storms and tornadoes in Tennessee will have until Aug. 2, 2021, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced.

The Internal Revenue Service will begin issuing refunds this week to eligible taxpayers who paid taxes on 2020 unemployment compensation that the recently-enacted American Rescue Plan later excluded from taxable income.

Reach out to your clients as you learn about new legislation or guidance to give them your insights and the digestible version of what it means for them. This is your chance to cut through the technical jargon with easy-to-digest insights and showcase ...

After news of the cyberattack on the Colonial Pipeline broke May 7, 2021, consumers from New Jersey to Texas put the pedal to the metal to get to the gas station and fill their tanks. Supply is draining; gas prices are rising; and tempers are flaring.

The American Institute of CPAs (AICPA) has submitted recommendations on international tax positions to the Senate Finance Committee and the House Ways & Means Committee that address legislative proposals and statutory provisions requiring modification. The AICPA’s international tax recommendations correct technical problems in the Internal Revenue Code and simplify existing provisions. The technical recommendations submitted […]

For some people, submitting their tax return to the IRS is a relief as they put the paperwork out of sight, and out of mind, until next year. Others recognize that tax time is the perfect time to plan for the future while all the documents are readily...