There are sure to be some surprises in Tax Year 2021, although certain adjustments are already in the works. In this blog, we will highlight some of the IRS's 2021 tax phase-outs, modifications, and inflation adjustments.
The large number of federally-funded programs created as part of the financial stimulus to offset COVID-19 pandemic losses have changed the single audit requirements immensely. In addition to many new programs, which started at the beginning of 2021, there are programs that started mid-year as well as older
As the COVID-19 pandemic continues to present challenges in all areas of life, it is important for CPAs to stay informed about the newest and most prevalent COVID-19-related fraud schemes and scams. COVID-19 has opened up new opportunities for fraudsters to steal from individuals and businesses. This
