Thomson Reuters

Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic, shifting away from their routine compliance work after the end of the prolonged tax season.

Under the proposed regulations, amounts paid for DPC arrangements and HCSMs are treated as deductible medical expenses.

Wolters Kluwer Tax & Accounting and Thomson Reuters Checkpoint have released their predictions for the expected annual inflation adjustments from the Internal Revenue Service for various tax-related items.

The living room is the new conference room, and it could lead us down a sticky path when it comes to taxes.

In the midst of a global pandemic, the gravitational pull toward digital transactions has been amplified.

In the wake of a global pandemic, everything is being re-thought.

The multi-year, international collaboration will include a series of events focused on bettering the future of the accounting, tax and audit industries.

Ask the average business owner if they have a tax shelter and they’d probably have a chuckle while wistfully thinking about how nice it would be to swim in crystal clear waters while their offshore bank accounts grew, unencumbered by state and federal taxes.

In light of this new global challenge, what do these businesses and their tax professionals need to consider?

Centage launches a customer hub, XCM launches a blog, and other recent announcements in accounting technology.