March 1, 2021
IRS officials have issued an alert concerning amended returns and claims for the Domestic Production Activities Deduction. This provision of tax law was repealed as part of the Tax Cuts and Jobs Act for taxable years after Dec. 31, 2017. In the wake of...
March 1, 2021
Social media can be a rewarding place for accounting firms – it provides a platform to build relationships with customers and prospects and, ultimately, grow revenue. And the benefits have never been greater. In fact, a recent study from Sprout Social ...
![congress.5e7e132560d03[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2021/02/congress.5e7e132560d03_1_.60399c3aa8dc8.png)
February 27, 2021
The House passed a $1.9-trillion COVID-19 relief package early Saturday, pushing forward the aid millions of Americans have waited for as the country continues to grapple with the pandemic that has killed half a million Americans and crippled the economy.
February 26, 2021
Good news for small business owners! The Consolidated Appropriations Act, signed into law on December 27, 2020, has expanded and clarified CARES Act benefits for employers.
February 25, 2021
Applications for U.S. state unemployment benefits fell by more than forecast last week to the lowest since November, signaling that job cuts are starting to ebb as COVID-19 infections decline and vaccinations accelerate.
February 25, 2021
Amid recent requests by the AICPA and National Association of Tax Professionals that the IRS extend the 2021 income tax filing season, millions of Americans are still challenged by a backlog at the IRS of income tax returns from last year.
February 24, 2021
Change management can be an ambitious undertaking, but it’s important to remember the biggest piece of any change management plan: your people.
February 19, 2021
Grant Thornton LLP has launched ptvault.x, a new platform to help companies manage personal-property taxes. The cloud-based platform provides Grant Thornton’s clients with data transparency and reduced complexity.
February 18, 2021
Employing a “blend and extend” strategy to reduce near-term cash spend may be ideal in the current environment, but companies should also be aware of the associated hedge accounting implications.
February 18, 2021
Applications for U.S. state unemployment insurance jumped to a four-week high, indicating the labor market is suffering fresh setbacks even as the coronavirus pandemic shows signs of ebbing.
![Tom-Wheelwright-1[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2021/02/Tom_Wheelwright_1_1_.602befd2bbc75.png)
February 16, 2021
At the three-day CPA Revolution Masterclass, ticket holders will learn how to deliver high-value services, accelerate cash flow, create a high-performance team, and more. Tickets are on sale now at wealthability.com/cpa-revolution-masterclass-2021-mk.
February 14, 2021
The U.S. Department of Labor’s Employee Benefits Security Administration has confirmed that “Improving Investment Advice for Worker & Retirees,” an exemption for investment advice fiduciaries, will go into effect as scheduled on Feb. 16, 2021.