MNP plans to acquire part of Deloitte’s Canada business

One of the largest accounting firms in Canada struck a deal with Deloitte to acquire a significant portion of Deloitte’s business in Canada, by March 1. Original Article Posted at : https://www.accountingtoday.com/news/mnp-plans-to-acquire-part-of-deloittes-canada-business

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What to expect in 2021 as uncertainty lingers

The pandemic has yet to subside in any meaningful way, and that means a certain level of uncertainty remains across industries, including accounting. Original Article Posted at : https://www.accountingtoday.com/opinion/what-to-expect-in-2021-as-uncertainty-lingers

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Surprise tax bills await in pandemic-affected IRS filing season

The U.S. federal tax-filing season that begins Friday will be among the most consequential in recent history, as households face potential surprises — both negative and positive — sorting through pandemic-related measures at a time of high unemployment and depressed consumer confidence. Original Article Posted at : https://www.accountingtoday.com/articles/surprise-tax-bills-await-in-pandemic-affected-irs-filing-season

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House panel clears $1,400 stimulus payments, family tax credits

The House Ways and Means Committee advanced legislation that would infuse households with hundreds of billions of dollars of cash through direct payments and tax credits, a key plank of President Joe Biden’s COVID-19 relief package. Original Article Posted at : https://www.accountingtoday.com/articles/house-panel-clears-1-400-stimulus-payments-family-tax-credits

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