NEWSLETTERS
May 2021
Upcoming dates: May 17 - Individual income tax returns for 2020 are due Tax day is finally here! Please [...]
April 2021
Upcoming dates: May 17 - Individual income tax returns for 2020 are due Because the IRS is still playing [...]
March 2021
Upcoming dates: March 15 - Due date for partnership and S corporation tax returns (Forms 1065, 1120S) Reminders - [...]
- PCAOB proposal addresses international oversight challenges May 13, 2021The Public Company Accounting Oversight Board proposed a framework that would guide its actions when its oversight activities are stymied by authorities in other jurisdictions.
- Tips for lease accounting amid financial uncertainty May 13, 2021Many private companies and not-for-profits are adopting new lease accounting standards, and public companies that have adopted the guidance are applying it amid a pandemic-fueled surge in lease renegotiations.
- Restaurant Revitalization Fund faces huge funding shortfall May 12, 2021Restaurants and other hard-hit providers of on-site food and beverage have flooded the Restaurant Revitalization Fund (RRF) with $65 billion in grant requests, more than double the amount of money allocated to the program.
- 6 key areas of paid tax preparer regulation highlighted in AICPA letter to Congress May 12, 2021The Biden administration says the IRS should be given the authority to regulate paid tax return preparers who are currently unregulated, and the AICPA offers its recommendations in six key areas.
- IRS clarifies pandemic relief for dependent care assistance programs May 11, 2021Dependent care assistance program benefits carried over or available during an extended claims period under special temporary COVID-19 relief provisions retain their status as excludable from employees’ gross income and wages, the IRS explains in a notice.
NEWSLETTERS
May 2021
Upcoming dates: May 17 - Individual income tax returns for 2020 are due Tax day is finally here! Please [...]
April 2021
Upcoming dates: May 17 - Individual income tax returns for 2020 are due Because the IRS is still playing [...]
March 2021
Upcoming dates: March 15 - Due date for partnership and S corporation tax returns (Forms 1065, 1120S) Reminders - [...]
- PCAOB proposal addresses international oversight challenges May 13, 2021The Public Company Accounting Oversight Board proposed a framework that would guide its actions when its oversight activities are stymied by authorities in other jurisdictions.
- Tips for lease accounting amid financial uncertainty May 13, 2021Many private companies and not-for-profits are adopting new lease accounting standards, and public companies that have adopted the guidance are applying it amid a pandemic-fueled surge in lease renegotiations.
- Restaurant Revitalization Fund faces huge funding shortfall May 12, 2021Restaurants and other hard-hit providers of on-site food and beverage have flooded the Restaurant Revitalization Fund (RRF) with $65 billion in grant requests, more than double the amount of money allocated to the program.
- 6 key areas of paid tax preparer regulation highlighted in AICPA letter to Congress May 12, 2021The Biden administration says the IRS should be given the authority to regulate paid tax return preparers who are currently unregulated, and the AICPA offers its recommendations in six key areas.
- IRS clarifies pandemic relief for dependent care assistance programs May 11, 2021Dependent care assistance program benefits carried over or available during an extended claims period under special temporary COVID-19 relief provisions retain their status as excludable from employees’ gross income and wages, the IRS explains in a notice.
Will my refund be larger this year?
With many new tax laws coming into effect for the first time, many people are asking the same question: Will my refund be larger this year? The [...]
Understanding the New Pass-through Tax Deduction
Of the many modifications in effect for the 2018 tax year, perhaps the most exciting change is the new Pass-through Tax Deduction. The deduction has many other [...]
Real Estate – The Tax Advantaged Investment
You may have heard, or read, something similar to: “If you don’t want to pay taxes, invest in real estate.” While this is not entirely accurate, real [...]