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Month: February 2021

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Grandma wins $19M case against J.P. Morgan and 2 advisors (her grandsons)

February 10, 2021

Source: Accounting Today: IRS Watch Beverley Schottenstein accused the bank and the brokers of unauthorized trading of “multiple auto-callable […]

General 2016

In the blogs: Into the weeds

February 9, 2021

Source: Accounting Today: IRS Watch CP21Cs and long memories; all smiles; Romney’s proposal; and other highlights from our favorite […]

General 2016

Possible pain of entity choice under the PPP

February 9, 2021

Source: Accounting Today: IRS Watch The effect of S corp status on the emergency loans highlights the impact of […]

General 2016

Texas Society of CPAs announces 2020-21 scholarship recipients

February 9, 2021

Source: Accounting Today: IRS Watch Fifty-one students across the state were awarded academic accounting scholarships this year, worth approximately […]

General 2016

Democrats reintroduce bill with tax breaks for green energy

February 9, 2021

Source: Accounting Today: IRS Watch The GREEN Act would encourage residential investments in green energy and energy efficiency, and […]

General 2016

Lawmakers request help for taxpayers victimized by unemployment fraud

February 9, 2021

Source: Accounting Today: IRS Watch Republicans are asking the Biden administration to assist taxpayers who are receiving tax forms […]

General 2016

Democrats cut off relief checks at $200K household income

February 9, 2021

Source: Accounting Today: IRS Watch House Democrats are proposing to limit the next round of COVID-19 relief payments to […]

General 2016

Why clients are the worst: Tax pros’ pet peeves

February 9, 2021

Source: Accounting Today: IRS Watch A collection of things practitioners already hate about dealing with their clients this season. […]

General 2016

IRS erroneously issued 109K notices about reduced stimulus payments

February 8, 2021

Source: Accounting Today: IRS Watch The Internal Revenue Service mistakenly sent letters to many taxpayers saying it would be […]

General 2016

Sales tax rates reached 10-year high in 2020

February 8, 2021

Source: Accounting Today: IRS Watch The combined average sales tax rate across the country grew to levels not seen […]

General 2016

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