IRS May 29, 2026
IRS Increases Health Savings Account Limits for 2027
The IRS on Friday released its annual inflation-adjusted amounts for health savings accounts for calendar-year 2027, with across-the-board increases.
February 11, 2021
Fourlane Creates Scholarship Fund for College Students Interested in Software Development, Financial Management, or Managed Services
Instead of focusing on tax or audit, for example, scholarships are intended for students who are interested in financial strategy and creativity, automation, and accounting software implementation, as well as leveraging data to make informed decisions.
February 11, 2021
Bloomberg Tax & Accounting Offers Free Array of Tax Planning Tools and Resources
The annual Tax Season Watch from Bloomberg Tax & Accounting is now available, providing resources related to Covid-19 and tax filings and payments. Tax Season Watch, which is made available annually, incorporates news, commentary, and access to primary...
February 11, 2021
IRS Issues Urgent EFIN Scam Alert to Tax Pros
The Security Summit partners said the latest scheme, arriving just before the start of the nation’s tax season, should serve as another reminder that tax professionals remain prime targets for identity thieves.
February 11, 2021
FPA Members Increased One-on-One Pro Bono Engagements by 7% in 2020
The FPA Pro Bono Program connects passionate financial planning practitioners to individuals, families and communities in need. In 2020, nearly 50 FPA chapters and more than 1,000 FPA members delivered 14,750 hours of pro bono financial advice.
February 11, 2021
No, Valentine’s Day and Wedding Rings are Not Legitimate Expenses
While the 2020 survey saw employees purchase gifts, drinks and dinners, one of this year’s respondents admitted to expensing an engagement ring – a notable purchase as we approach Valentine’s Day.
February 10, 2021
National Association of Tax Professionals Offers Extended Hours During Tax Season
The 2021 tax season will be filled with many questions from taxpayers and tax professionals as the IRS continues to issue guidance around complex tax topics such as PPP loans, stimulus checks, credits, deductions and more.
February 10, 2021
1/3 of NY Construction Firms Plan to Increase Workforce in 2021
The Bonadio Group’s 2021 survey of New York construction companies and contractors shows that while 43 percent of construction firms were forced to reduce their workforce in 2020 due to COVID-19 challenges, only nine percent plan on further reductions...
February 10, 2021
Most Tax Pros See Their Future in Advisory, According to Survey
Many of the professionals surveyed noted that they were forced into a de facto business advisor role during the onset of the pandemic, as clients sought advice about everything from applying for Paycheck Protection Program loans to how to manage their ...
February 9, 2021
Allinial Global Again Ranked #1 in the UK
According to the International Accounting Bulletin’s January 2021 country surveys, Allinial Global once again ranks as the largest association in the United Kingdom in terms of fee income and total staff.
February 9, 2021
Nancy Sieger Named CIO of IRS
Sieger is responsible for all aspects of IT systems that operate the nation's tax infrastructure. She oversees the 7,000-person IT organization that maintains hundreds of systems and supports the processing of millions of tax returns annually.
February 9, 2021
Texas Society of CPAs Announces 2020-2021 Scholarship Recipients
The Texas Society of CPAs (TXCPA) announced the recipients of the organization’s 2020-2021 academic scholarships. Each year, TXCPA’s Accounting Education Foundation honors Texas accounting students with scholarships for their academic achievements.
February 9, 2021
Report Shows Trends Around Sales Tax Rates and Rules
Vertex consistently tracks sales tax rates and rules and produces detailed mid-year and end-of-year reports featuring tax data over a 10-year period. These reports are widely referenced by industry groups and indirect tax think tanks.