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GAO Says IRS Spent $3 Billion in Interest Due to Refund Delays in 2020
Trusted Professional
The Government Accountability Office noted with some alarm 355 returns per second
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Rising Average Wage in 2020 Seen as Dire Sign, Reflecting Massive Job Losses
NextGen
The fact that the average wage of Americans rose over 2020 is, despite what one might first believe, not a positive sign,…
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IRS Issues Guidance on Interaction of Employee Retention Credit With PPP Loans
Taxation
The IRS has issued guidance on the employee retention credit under the CARES Act, in particular, how it interacts with the…
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Big Companies Moving to Smaller Spaces
Trusted Professional
according to Crain's New York Business
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Sen. Warren Proposes 2 Percent Wealth Tax on 'Ultra-Millionaires'
Trusted Professional
Accounting Today An analysis sent to the senator
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Pandemic Relief Bill Now Up to Senate as House Approves $1.9 Trillion Measure
Trusted Professional
Journal of Accountancy will dispense with this provision recent ruling from the Senate parliamentarian Washington Post…
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Tax Issues in Divorce: Before and After Tax Reform Part 2
Federal Taxation
This is the second in a three-part series focusing on tax issues in divorce before and after tax reform. To view the first…
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Regulatory Roundup - Feb. 23-March 1
Trusted Professional
AICPA Press Release Skills Financial Planners Need to Succeed in Today’s Environment Leaders in the financial planning…
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The U.S. Taxation of Foreign Pensions
Corporate Taxation
I. Summary This article presents a summary of the U.S. tax and reporting obligations with which a U.S. citizen must comply…
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