XBRL International, a global consortium of more than 200
accounting, technology and financial service organizations, releases
version 2.1 of extensible business reporting language (XBRL), a
protocol for electronic financial reporting (
www.xbrl.org/newsandevents/index.asp?sid=4 ). The new implementation
will make it easier for software developers to create XBRL tools that
work without major modifications to operating systems.
SPONSORED REPORT
Get Clients Ready for Tax SeasonThis comprehensive report looks at the changes to the child tax credit, earned income tax credit, and child and dependent care credit caused by the expiration of provisions in the American Rescue Plan Act; the ability e-file more returns in the Form 1040 series; automobile mileage deductions; the alternative minimum tax; gift tax exemptions; strategies for accelerating or postponing income and deductions; and retirement and estate planning.
