News
KPMG’s U.K. chairman has resigned days after sparking widespread anger for telling employees to stop moaning about the pandemic.
KPMG U.K. chair resigns days after slamming ‘victim card’ staff
The U.S. federal tax-filing season that begins Friday will be among the most consequential in recent history, as households face potential surprises — both negative and positive — sorting through pandemic-related measures at a time of high unemployment and depressed consumer confidence.
Surprise tax bills await in pandemic-affected IRS filing season
The House Ways and Means Committee advanced legislation that would infuse households with hundreds of billions of dollars of cash through direct payments and tax credits, a key plank of President Joe Biden’s COVID-19 relief package.
House panel clears ,400 stimulus payments, family tax credits
The Connecticut Society of CPAs recognizes seven women with CTCPA Women Awards; RSM raises over $4.6 million at RSM Classic; and more CPA news.
People & firms on the move: NJCPA CEO receives African American NJ Business Award
The software is driven by artificial intelligence, and powered by Microsoft Azure.
Cleareye.ai and Microsoft partner on PPP loan forgiveness platform
BKD becomes reseller of Reptune; and AccountMate updates software, adds TaxJar integration.
Tech News: Accounting Blockchain Coalition adds crypto tax platform; and more
Off the top; bad Solutions; and we quote; and other highlights of recent tax cases.
The Internal Revenue Service is girding for the official start of tax season as taxpayers and preparers deal with tax breaks related to COVID-19 and questions about stimulus payments.
Hopes among millions of upper-income and middle-class taxpayers for a repeal of the Trump administration’s limits on their federal deductions will likely be on hold for now, as an effort to include the measure in the COVID-19 aid package is poised to fail.
SALT-cap repeal unlikely to be added to COVID-19 relief bill
To the detriment of many state and local governments, budget decisions are being made based on bad accounting information.
