The GAO issues a draft of a strategy guide to help
federal departments and agencies minimize their improper payments. It
includes examples of techniques public- and private-sector
organizations have used to estimate the extent of such payments, the
cost of implementing effective internal control systems and the
effectiveness of corrective actions to date. Comments are due by
August 15 ( www.gao.gov/new.items/d01703g.pdf
).
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Get your clients ready for tax seasonThese year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.
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