Avoid cruising because your firm may be headed for a bruising

Many firms are struggling to digest and integrate mergers and are finding it difficult to make things happen.

Avoid cruising because your firm may be headed for a bruising


Ex-banker put on Interpol most wanted list in Cum-Ex tax probe

Former investment banker Paul Mora is the first Cum-Ex suspect placed on Interpol’s public list of most-wanted suspects as Germany launched an international search for him in an escalation of its vast tax-evasion probe.

Ex-banker put on Interpol most wanted list in Cum-Ex tax probe


Child-poverty crisis spurs stepped-up tax efforts in Congress

Lawmakers have introduced several measures that would expand the so-called child tax credit, which currently provides parents $2,000 per child annually.

Child-poverty crisis spurs stepped-up tax efforts in Congress


House Democrats unveil first draft of stimulus-bill measures

House Democrats on Monday released the first draft text for key pieces of legislation that will comprise President Joe Biden’s COVID-19 relief bill.

House Democrats unveil first draft of stimulus-bill measures


Democrats cut off relief checks at $200K household income

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.

Democrats cut off relief checks at 0K household income


Why clients are the worst: Tax pros’ pet peeves

A collection of things practitioners already hate about dealing with their clients this season.

Why clients are the worst: Tax pros’ pet peeves


IRS wrongly told 100,000+ taxpayers it was reducing their stimulus payments

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


Sales tax rates reached 10-year high in 2020

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.

Sales tax rates reached 10-year high in 2020


New IRS form lets self-employed claim sick and family leave credits

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


RSM Classic golf tournament raises over $4.6M for charity

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.

RSM Classic golf tournament raises over .6M for charity