PPE is deductible, says IRS

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Announcement 2021-7(1) lets taxpayers deduct money spent on masks, wipes and other supplies in certain circumstances.

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PPE is deductible, says IRS


4 nanny tax mistakes to avoid during tax season

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Household employment has its share of nuances that may catch accountants and families off guard, cause noncompliance, and cost your clients money. Here are some of the typical tax season mistakes we see made by accountants and families and how to fix them.

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4 nanny tax mistakes to avoid during tax season


Renewable-energy backers want 10-year tax credit extension

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The clean energy industry is rushing to hitch a ride on President Joe Biden’s emerging infrastructure plan, which could top $3 trillion.

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Renewable-energy backers want 10-year tax credit extension


Treasury calls for more taxes on overseas profits

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President Joe Biden’s Treasury Department is calling for a “more robust minimum tax” on profits earned by American corporations overseas to remove incentives for companies to shift earnings outside U.S. borders.

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Treasury calls for more taxes on overseas profits


People & firms on the move: HeimLantz admits COO to ownership group

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FICPA announces dates for virtual MEGA conference; Henry + Horne launches blog focused on construction industry; and more CPA news.

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People & firms on the move: HeimLantz admits COO to ownership group


Sage debuts data and analytics platform

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Built for Sage 100 and 300, the platform is available in the U.S. and Canada

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Sage debuts data and analytics platform


Tech news: RSM enhances crypto asset valuation

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Vertex adds Brazil compliance product, BKD offers new cybersecurity solution, and Beanworks adds AI.

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Tech news: RSM enhances crypto asset valuation


Boomer’s Blueprint: In innovation, mindset determines success!

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Accountants have been focusing on optimization; they need to move beyond that.

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Boomer’s Blueprint: In innovation, mindset determines success!


Advisors, assemble!

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Staffing and compensating a financial planning practice starts with the right model.

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Advisors, assemble!


BaCo Tech earns patent for workflow platform for accountants

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The software is designed to create a workflow that offers opportunities for advisory services.

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BaCo Tech earns patent for workflow platform for accountants