President George W. Bush last month signed the Working
Families Tax Relief Act of 2004. The legislation extends a number of
tax provisions affecting individuals and businesses, such as marriage
penalty relief and the research and development credit that expired
June 30, 2004. Additional information is available at
http://waysandmeans.house.gov/Links.asp?section=343 .
NEWS
IRS sets start date for tax seasonThe IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.
PODCAST
Why CPAs can’t wait on automation toolsWhat do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.