House Democrats are proposing to limit the next round of COVID-19 relief payments to households earning less than $200,000, after criticism that President Joe Biden’s $1.9 trillion stimulus package would benefit the rich.
A collection of things practitioners already hate about dealing with their clients this season.
The Internal Revenue Service mistakenly sent letters to many taxpayers saying it would be reducing their Economic Impact Payments to pay off the taxes they owed.
IRS wrongly told 100,000+ taxpayers it was reducing their stimulus payments
The combined average sales tax rate across the country grew to levels not seen in a decade last year, enabling states to collect more tax revenue from online sales.
The Form 7202 helps SE individuals who couldn’t work because of the coronavirus.
New IRS form lets self-employed claim sick and family leave credits
The Top Five Firm’s annual RSM Classic PGA Tour event, hosted by the Davis Love Foundation, has now donated more than $22.2 million to family-focused organizations since its inception 2010.
The New York-based Top 20 Firm has added a firm with offices in New Jersey and Pennsylvania in its second M&A deal this month.
The upgrade is free, automatic, and Intuit promises no loss of data or functionality.
QuickBooks Online Accountant users get free upgrade to QBO Advanced
Embattled Chinese coffee chain Luckin Coffee Inc. filed for Chapter 15 bankruptcy in New York, less than a year after the company said that more than a quarter’s worth of business may have been faked.
The American Institute of CPAs is proposing to revise its quality management standards to take a more risk-based approach targeted at the types of engagements performed by the CPA firm.
