Some fear that these tax increases will be retroactive to January 1, 2021, which is certainly possible. The last time a significant tax increase was enacted retroactively was in August 1993, when the Omnibus Budget Reconciliation Act included an ...
Members of the National Association of Tax Professionals (NATP) elected one new member to its 2021 board of directors. Charles Markham, MST, EA, joins eight additional board members who will guide the association through the coming year.
These ERTC calculations cover the section 206 for 2020 with a 28-step calculation and section 207 for 2021 with a 12-step calculation. Complex calculations on this newly released legislation can now be run across dozens of clients in a matter of ...
The position will work with business units and offices across the IRS, including Chief Counsel, the Independent Office of Appeals and the National Taxpayer Advocate. The role is envisioned as working in coordination with the National Taxpayer Advocate...
Prior to Brexit and the implementation of the U.K. ecommerce package, companies with locations throughout the EU could freely move goods between the U.K. and other EU member states. But now that the U.K. has left the Customs Union and VAT regime, goods...
Bloomberg Tax & Accounting has announced the availability of its 2021 Outlook on Tax, a 50-plus page collection of news and insights from practitioners that focuses on the key federal, state, and international tax issues that tax professionals will ...
The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted Dec. 27, 2020, made a number of changes to the employee retention tax credits previously made available under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), ...
SAP has released two new solution extensions, delivered through the SAP Concur partner ecosystem, that will address its customers’ broad compliance requirements: Concur Tax Assurance by VATBox and Concur Detect by Oversight.