Latest Articles

trucks

August 5, 2021 

Trucker Tax Due Aug. 31, 2021

The highway use tax applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more. Taxpayers unsure if they must file can use the IRS online tool, “Do I Need to Pay the Heavy Highway Vehicle Use Tax?” The question-and-answer forma

Xero

August 4, 2021 

Xero Launches New App Store

The Xero App Store is available at apps.xero.com and delivers on Xero’s aspiration for more customers to access and benefit from the power of Xero connected apps.

NYSSCPA

August 4, 2021 

NYSSCPA Announces 2021 Emerging Leaders Awards

These exceptional young financial professionals hold or have held important leadership roles in career-based or charitable organizations; have substantial involvement in their communities, beyond their day-to-day work life; reside in New York state; ...

Tax_credits

August 4, 2021 

IRS Gives New Guidance on Employee Retention Credit

Those changes include, among other things, (1) making the credit available to eligible employers that pay qualified wages after June 30, 2021, and before January 1, 2022, (2) expanding the definition of eligible employer to include “recovery startup ...

 Dext Launches Dext Commerce for Digital Commerce Management

August 4, 2021 

Dext Launches Dext Commerce for Digital Commerce Management

Formerly Receipt Bank, Dext Commerce allows accountants and bookkeepers to take on more digital sales clients by simplifying the collection and categorization of sales data from 16 e-commerce, POS and payment platforms including ...

identity-theft shredder11_11576849

August 4, 2021 

How Tax Pros Can Help Battle ID Theft Related to Unemployment

The IRS, state tax agencies and the tax profession – working together as the Security Summit – reported that unemployment compensation fraud was one of the more common identity theft schemes that emerged in 2020 as criminals exploited the COVID-19 ...

bloomberg tax

August 4, 2021 

Bloomberg Tax & Accounting Acquires Tax Prodigy

Tax Prodigy's income tax provision software provides a powerful and comprehensive approach to complying with the technical accounting requirements for income taxes under U.S. Generally Accepted Accounting Principles (GAAP).