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Xero will become BDO’s preferred accounting solution for its business, services and outsourcing clients in the small to medium business space.

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BDO becomes first Xero Global Partner

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Citrin Cooperman co-founder Niles Citrin announces retirement; BKD names regional managing partner; and more CPA news.

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People & firms on the move: Armanino achieves B Corp certification

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Investors would face a 0.1 percent tax on each sale of stocks, bonds and derivatives under a Democrat-led proposal aimed at curbing risky trading behaviors.

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Risky trading targeted in Democrat proposal for financial transaction tax

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The Biden administration said in a response to concerns raised by Republicans that state governments accepting pandemic-relief money from Washington are allowed to cut taxes, but only if they don’t use the federal aid to offset those reductions.

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Treasury clears states to cut taxes — but not with stimulus

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Experts read the tea leaves in the American Rescue Plan and other early hints of the administration’s revenue proposals.

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Scoping out Biden’s legislative and tax agenda

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The IRS will automatically process refunds for individuals who paid taxes on their unemployment benefits before Congress passed a law making those payments tax-free, Commissioner Chuck Rettig said.

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IRS to automatically process refunds on jobless-benefit payments

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Institute of Internal Auditors president and CEO Richard Chambers has released a book on disruption as a new IIA report examines how the internal audit profession is coping with COVID-19.

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Outgoing IIA CEO Chambers pens book on internal auditors as change agents

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Accounting firms are in a unique position when it comes to having insightful data on their clients. Too few take full advantage of that position.

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How data analytics can boost advisory services

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Tanked; lobby hobby; you’re not undercover, are you?; and other highlights of recent tax cases.

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Tax Fraud Blotter: Mistaken identifies

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Senate Democrats are sponsoring legislation to safeguard stimulus payments from debt collectors, while Republicans want states to be able to use funds from the new relief package for tax cuts.

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Senators introduce bills to amend American Rescue Plan