IRS offers guidance for teachers on deducting PPE expenses

The Internal Revenue Service issued guidance on how educators can deduct out-of-pocket expenses for personal protective equipment to safeguard teachers in the classroom during the pandemic.

IRS offers guidance for teachers on deducting PPE expenses


COVID-19 pressures force CFOs to step down

A record number of CFOs in S&P 500 companies stepped down last year, partly due to the turmoil facing their companies from the coronavirus pandemic.

COVID-19 pressures force CFOs to step down


Change management: Break through the status quo

For radical CPAs, starting the new year is a great time for change. Whether you’re thinking about adopting a new process or technology or revamping everything at your firm, it all starts with being intentional.

Change management: Break through the status quo


People & firms on the move: Postlethwaite & Netterville hires biz dev director

Brown Schultz Sheridan & Fritz donates $50K to nonprofits; Kassouf promotes 19; and more CPA news.

People & firms on the move: Postlethwaite & Netterville hires biz dev director


Compliance reporting ensures maximum benefits from credits and incentives

Knowing what is required and completing documentation in a timely fashion maximize the company’s opportunity to receive its incentive reward.

Compliance reporting ensures maximum benefits from credits and incentives


Tipalti embeds AP automation in three business platforms

As businesses struggle with the consequences of the coronavirus pandemic, technology providers are responding with more comprehensive offerings to simplify their operations.

Tipalti embeds AP automation in three business platforms


Senate adopts blueprint for stimulus as Harris breaks tie

The Senate voted 51-50, after Vice President Kamala Harris broke her first tie, to adopt a budget blueprint for President Joe Biden’s $1.9 trillion virus relief package — following nearly 15 hours of wading through amendments from both parties.

Senate adopts blueprint for stimulus as Harris breaks tie


Employers added 49K jobs in January, including 3.8K in accounting

The unemployment rate declined in January to 6.3 percent as employers added some jobs in the midst of the pandemic.

Employers added 49K jobs in January, including 3.8K in accounting


TaxExact launches 1040 verification and review tool

Cloud tax tech is imperative this year, with many preparers continuing to work in a remote setting due to the ongoing coronavirus pandemic.

TaxExact launches 1040 verification and review tool


Tax pros take new approaches to marketing this filing season

Practitioners share how they’re changing the ways they reach out to clients and prospects.

Tax pros take new approaches to marketing this filing season