Accounting

Many taxpayers want to pay less themselves — but want others to pay more. Original Article Posted at : https://www.accountingtoday.com/news/election-2020-what-preparers-and-clients-say-about-candidates-tax-plans

COVID-19, the election and much more all need to be taken into account. Original Article Posted at : https://www.accountingtoday.com/news/new-twists-in-year-end-tax-planning

Nearly 70 percent of organizations that have furloughed or laid off their employees during the novel coronavirus pandemic plan to back-fill the roles that were eliminated with other employees taking over. Original Article Posted at : https://www.accountingtoday.com/news/employers-refilling-open-accounting-jobs-amid-pandemic

Auditors can help companies improve the reliability of their cybersecurity disclosures, according to a new report from the Center for Audit Quality. Original Article Posted at : https://www.accountingtoday.com/news/auditors-assessing-cybersecurity-risks-for-boards

The thresholds will all rise, according to the Internal Revenue Service. Original Article Posted at : https://www.accountingtoday.com/news/ranges-for-ira-eligibility-change-for-2021

Corvee, which recently rebranded from AccountingTax.com, has released a new tax planning software billed as able to help accountants plan proactively and strategically for their clients. Original Article Posted at : https://www.accountingtoday.com/news/corvee-releases-forward-looking-tax-planning-software

The Internal Revenue Service issued its annual inflation adjustments Monday for tax year 2021, revising more than 60 tax provisions, including tax rate schedules, standard deduction amounts and more. Original Article Posted at : https://www.accountingtoday.com/news/irs-adjusts-tax-item-amounts-for-2021-due-to-inflation

CFOs and senior finance executives are dealing with a growing number of responsibilities and demands as a result of the novel coronavirus pandemic, according to a new report. Original Article Posted at : https://www.accountingtoday.com/news/cfos-face-growing-demands-amid-coronavirus

Investors and other stakeholders are showing a growing interest in environmental, social and governance reporting, according to KPMG partner Maura Hodge, and there’s a major role for auditors in serving that interest. Original Article Posted at : https://www.accountingtoday.com/podcast/the-rising-profile-of-esg-reporting