Election 2020

President-elect Joe Biden’s plan to pass a multitrillion-dollar economic stimulus package early in his administration faces challenges in a closely divided U.S. Senate, with a potential impeachment trial for Donald Trump that could add to delays.

Several accounting firm leaders shared their thoughts about the riot in the U.S. Capitol Building in Washington, D.C.

Leaders of the Big Four CPA firms and major companies are stepping in and asking Congress to allow a smooth transition to the Biden administration.

Given the size and number of tax changes proposed by the Biden administration, it’s no wonder advisors face challenges in helping clients prepare for the year ahead.

Concerns about rising tax rates under the incoming Biden administration are a major factor.

Attorney General William Barr said he sees no reason to appoint a special counsel to oversee an investigation of President-elect Joe Biden’s son, Hunter Biden, a statement sure to frustrate President Donald Trump and his closest advisers.

Greg Engel is anticipating another year of tumultuous changes as clients deal with the coronavirus pandemic and new policies from the incoming Biden administration.

Fewer DIY taxpayers, an overwhelmed IRS and other likely features of the upcoming filing season.

Clients don’t want to be on the wrong side of any potential changes to tax law.

The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be advising their clients to do.