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The Internal Revenue Service issued its annual inflation adjustment May 20 for health savings accounts for 2021, at a time when many taxpayers are worried about their health in the midst of the novel coronavirus pandemic.

source: Accounting Today

For the millions of Americans still expecting to receive stimulus payments from the IRS in the form of a paper check, there may be a surprise coming in their mailbox soon. It may come as a surprise to tax professionals too, so be prepared.

source: CPA Practice Advisor

In a survey conducted before and followed up on during to the coronavirus pandemic, corporate tax professionals said their primary concerns were improving cash management, and effective tax rates. Because of the timing of the survey...

source: CPA Practice Advisor

In light of the COVID-19 pandemic, there are plenty of concerns about the future — including the Wealth and Asset Management industry’s commitment to environmental, social and corporate governance objectives in the investment process.

source: Forbes

M&A activity in the wealth management space is slowing dramatically and shifting the balance between buyers and sellers because of the economic and financial impact of the COVID-19 pandemic. Fidelity reports just three RIA transactions in April, representing $1.4 billion...

source: ThinkAdvisor

COVID-19 has created uncertainty in many aspects of our daily lives and caused an unprecedented disruption to the economy. Financial markets have been turned upside down, asset values have dropped, and interest rates have been decreased to record-low levels. Combined with...

source: Lexology


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