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The Internal Revenue Service has changed the calculation for determining the $10,200 exclusion on unemployment benefits in the new pandemic relief package, allowing more taxpayers to qualify, but forcing tax software developers to update their programs.

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IRS expands unemployment tax exclusion to more taxpayers

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Published by the Association of Chartered Certified Accountants, “Leading Inclusion: Simple Steps and Significant Leaps” details the successful journeys of women finance professionals globally.

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ACCA report shares experiences of women finance pros worldwide

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Initial enthusiasm for change inspired by the country’s biggest postwar accounting scandal is waning in the face of political opposition.

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Germany’s post-Wirecard audit reform drive starts to lose steam

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The Treasury Secretary said the limitation on state and local tax write-offs causes ‘disparate treatment’ across taxpayers.

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Yellen pledges to work with Congress to ease SALT cap

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Democrats will likely prove successful in raising individual income tax rates and in strengthening audits of wealthy Americans as they work on overhauling the U.S. Tax Code in coming months.

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Biden’s likely tax wins are personal-rate hikes, audits of rich

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Separately, Armanino recently achieved certification as a B Corporation

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Armanino and Thomson Reuters partner to help SMB tax clients

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Serent Capital will also help BQE pursue strategic acquisitions in the professional services automation market worldwide.

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BQE Software secures growth investment for accounting suite

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Following the acquisition of accounts receivable automation market leader YayPay in 2020, Quadient’s acquisition of Beanworks brings advanced cloud-based AP automation capabilities to Quadient’s business communications management suite.

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Quadient acquires Beanworks

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The Financial Accounting Standards Board said Tuesday the Securities and Exchange Commission has accepted the latest updates to the GAAP Taxonomy for filing financial statements with the SEC.

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SEC and FASB post 2021 financial reporting taxonomy

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A group of House Democrats is sounding the alarm about delays in Economic Impact Payments going out to beneficiaries of safety net programs.

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Lawmakers complain of delays in stimulus payments for Social Security recipients