While March Madness Brackets Are Virtual, Taxes On Winnings Are Real
Wolters Kluwer looks at sports betting as a taxable activity March Madness is a popular time to fill out your National Collegiate Athletic Association (NCAA)…
read more
Wolters Kluwer Releases Whole Ball of Tax For 2021 Tax Season
Expertly curated tax resources for journalists, reporters and tax pros The 2021 Whole Ball of Tax (WBOT) collection of expert insights from Wolters Kluwer Tax…
read more
Audit Education – 5 Ways to Benefit
Successful accounting firms understand the value of continuing professional audit education, not only for training younger professionals but also for helping auditors at all levels…
read more
Latest Impacts to 2021 Tax Season Filing Dates [Updated April 13]
Every year comes with its own unique set of circumstances and challenges that can affect the tax filing season. With the continued influence of COVID-19,…
read more
AICPA’s PEEC Releases Interpretations on Records Requests and Staff Augmentation Arrangements
The AICPA’s Professional Ethics Executive Committee (PEEC) has issued the amended “Records Requests” interpretation (ET sec. 1.400.200) under the “Acts Discreditable Rule” (ET Sec. 1.400.001)…
read more
Wolters Kluwer Highlights Tax Implications of the American Rescue Plan Act of 2021 Signed Into Law
Update on Recently Passed American Rescue Plan Act of 2021 On March 10, 2021, the U.S. House of Representatives passed the American Rescue Plan Act…
read more
IRS Makes Identity Protection PIN Program Available to All Taxpayers
The IRS has expanded its identity protection personal identification number (IP PIN) program to allow all taxpayers nationwide who can verify their identities to opt…
read more
Florida Moving Closer to Adopting Wayfair’s Economic Nexus Standard
Remote Sellers and Marketplaces Must Prepare Now In June of 2018, the Supreme Court in South Dakota V. Wayfair greatly expanded the ability of state…
read more
Introduced Legislation Would Create Tax on Unearned Income in Wyoming
Recently introduced legislation in Wyoming would impose a tax on unearned income. If enacted, the provisions of H.B. 138 would be effective for tax years…
read more
Wolters Kluwer Examines the Tax Provisions of the American Rescue Plan Act
US House approves plan, now heads to US Senate President Joe Biden is seeking to prioritize an emergency package of relief provisions for individuals and…
read more