Latest Articles

October 27, 2020 

According to a new survey, close to 70 percent of organizations who have furloughed or laid off employees during the COVID-19 pandemic will back-fill roles that were eliminated (68%), even with hiring freezes (40%) being the most important cost ...

October 26, 2020 

The Internal Revenue Service has announced the annual inflation adjustments for tax year 2021 for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2020-45 provides details about these annual adjustment

October 26, 2020 

In the first few hours after the email went out, the company received a mix of positive and negative feedback from customers, Barrett said. So far, he said, none of his employees have quit over it.

October 26, 2020 

The resurgent Covid-19 pandemic is pushing back the recovery in air travel, turning winter into a survival test for carriers now pinning hopes on a spring rebound.

October 26, 2020 

With the COVID-19 pandemic casting a shadow of uncertainty over traditional holiday gatherings and celebrations, many consumers in the U.S. are using their wallets to get into the holiday spirit – for better or for worse.

October 26, 2020 

The next quarterly payroll tax return due date is Oct. 31, and the Internal Revenue Service urges business owners to use the speed and convenience of filing the returns electronically.

October 26, 2020 

Tax planning software for accounting firms designed to help you save clients money on taxes. Automated client requests for agreements, engagement letters, file requests, questionnaires, tax planning and more.

October 26, 2020 

The AICPA and its Foundation offer a variety of scholarships to help students complete their accounting education and earn their CPA. Current recipients of one of the AICPA’s Legacy Scholarships or CPA Exam Scholarship are not eligible for the ...

October 26, 2020 

Corvee, a software and solutions company which serves tax and accounting firms, has launched its new Tax Planning software to give accounting firms and tax professionals the ability to formulate a tax savings calculation, develop a proactive and ...

October 26, 2020 

There are historical references from the 19th century supporting an origin of the word, deadline, indicating a line or ditch created around the perimeter of a prison, over which if a prisoner crosses he (or she) will be shot dead.

Gail Perry

October 23, 2020 

The IRS has released an early draft of the instructions to Form 1065, U.S. Return of Partnership Income, for tax year 2020 (filing season 2021) that include revised instructions for partnerships required to report capital accounts to partners on ...

October 23, 2020 

In 2016, the Department of Treasury and IRS issued Notice 2016-66, which identified certain micro-captive transactions as having the potential for tax avoidance and evasion.