IRS_logo

July 7, 2021 

IRS Releases New Draft Instructions for Sch. K-2 and K-3

The redesigned forms and instructions give useful guidance to partnerships, S corporations and U.S persons who are required to file Form 8865 with respect to controlled foreign partnerships on how to provide international tax information.

Sovos

July 7, 2021 

Sovos Acquires Portugal Accounting Technology Companies

Together with existing Sovos capabilities, the acquisitions create a complete VAT, SAF-T and business-to-government (B2G) compliance solution for customers operating in Portugal, while adding compliant e-invoicing connectivity and extended digital ...

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July 7, 2021 

Deloitte Sponsors Diversity Accounting Scholarships at Ohio State

The funds will provide $150,000 in scholarships over a three-year period to select students who are enrolled in Project THRIVE or the MAcc program – and who have expressed interest in pursuing a career in professional services – to complete the fifth ...

 Fantasy Sports Tax Rules: Don’t Press Your Luck Against the IRS

July 7, 2021 

Fantasy Sports Tax Rules: Don’t Press Your Luck Against the IRS

Generally, your net profit for tax purposes is the amount of your winnings minus any entry fee. For instance, say you win $10,000 in a big stakes league and your entry fee was $1,000. As a result, your net profit is $9,000. Assuming you’re in the 24% tax

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July 6, 2021 

Getting Back to Work

WFH? Hybrid? Old Normal? What will your office look like going forward? McKinsey & Company surveyed 5,043 full time employees who work in government or corporate jobs during December, 2020, and January, 2021, asking about preferences for getting back ...

Gail Perry

suit-Pixabay Free-Photos

July 6, 2021 

Dress Code 1,2,3

Now when it comes to dress code in the workplace, you cannot fall back to one single answer, you need alignment. This means before you take a generic workplace and virtual meeting policy you find online and deploy it where you work, stop and think ...

Garrett Wagner

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July 6, 2021 

How to Help Your Clients Sleep Better at Night

It’s time to stop measuring success by how many tax returns you have completed, and start measuring against the growth your clients have had since working with you. Advisory services is more about helping solve financial problems that keep clients up ...

Practice management

July 5, 2021 

How to Decide and Pitch Your Firm’s CAS Pricing

Pricing your Client Accounting Services (CAS) offering correctly to ensure reasonable profitability (and to ensure your clients feel value to price balance) is a major decision you will make in your CAS practice.

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July 5, 2021 

How to Create a Comfortable Return to the Office

Many firms are returning to in-person work, but it’s not so simple as flipping a switch and going back to normal. You have to be mindful of your customers and clients’ needs and desires to create the safest and most agreeable experience for all.

Amy Vetter