Tax

The House is poised to send the $1.9 trillion COVID-19 relief plan to President Joe Biden for his signature, providing an economic boost that will last long after $1,400 stimulus checks start arriving in Americans’ accounts this month.

Re-targeting PPP; how to charge more; this season’s challenges; and other highlights from our favorite tax bloggers.

Mark Luscombe offers an in-depth look at the many tax angles of the American Rescue Plan.

Roth conversions and backdoor Roths ease COVID financial pain for wealthy earners this tax season

UBS Group AG questioned investigators’ dealings with a whistleblower who provided documents and evidence about an event for wealthy clients at the French Open that helped lead to a record 4.5 billion-euro ($5.4 billion) penalty.

Now is a great time to start helping clients plan for their financial futures.

Leaders of the House Ways and Means Committee and accounting groups are calling for extending the tax deadline to give the IRS, taxpayers and tax professionals an extra three months.

Confusion around the program and other stimulus measures may be preventing small businesses from getting the help they need.

Overpromising and missing deadlines is a guaranteed way to disappoint clients.

President Joe Biden is on the cusp of his first legislative win with the House ready to give final passage to his $1.9 trillion COVID-19 relief plan. It includes a big expansion in the child tax credit and makes student loan forgiveness tax free.