Latest Articles

taxes reform_1_.5540d268d98f6

December 9, 2020 

Key Tax Law Changes for Tax Year 2020

This past year has been a busy one on the tax legislation front with the following tax bills passed by Congress: Coronavirus Aid, Relief and Economic Security (CARES) Act; Families First Coronavirus Response Act; Setting Every Community Up for ...

Mike D'Avolio

Covid Economy Taxes

December 9, 2020 

IRS Again Urged to Provide Penalty Relief Amid Pandemic

The coalition points out in the letter that “...for many Americans, the global pandemic has created obstacles preventing many taxpayers and their advisors from timely filing returns or making timely payments despite their best efforts.

strategy1_11652166

December 9, 2020 

How Can CPAs Adapt to Changing Client Needs?

Accounting firms must embrace new technology to continue to enhance their value for clients. In a recent survey, 66 percent of accountants said their firms needed to utilize technology more to compete. Advances in technology can provide new ...

 Sovos Acquires Payroll Tax Software Company LTtax

December 9, 2020 

Sovos Acquires Payroll Tax Software Company LTtax

Global tax software provider Sovos has acquired LTtax, a New York-based provider of payroll withholding and unemployment tax software serving some of the largest retailers, financial institutions and insurers operating in the United States.

House for sale sign

December 8, 2020 

Housing Demand Likely to Stay High for Years to Come

Low rates of household formation since the Great Recession have caused 5.7 million "missing" households, a new Zillow analysis finds. These missing households represent people who historically would have moved into their own home but have been unable...

Labor_Employment_Law_Alaniz

December 8, 2020 

The Importance of Disability Inclusion in the Workplace

This year also marks the 30th anniversary of the passing of the Americans with Disabilities Act (ADA). The ADA prohibits discrimination against individuals with disabilities in all areas of public life, including jobs, schools, transportation and ...