Whole Ball of Tax website provides tax season resources for professionals
Every year, Wolters Kluwer Tax and Accounting provides tax and accounting professionals as well as journalists and reporters with a collection of expert analysis articles. These tools help them better understand the nuances of tax filing season and tax developments that affect businesses and individuals throughout the year.
the Whole Tax Ball (WBOT) The website offers resources curated by our tax experts that are designed to help keep members of the media informed of key developments affecting taxpayers. The information is provided in a user-friendly online format that is easy to find and navigate, and includes useful tax news, checklists, charts and tables that provide in-depth analysis covering a wide range of key changes with impact on taxpayers. This year, the documents cover topics such as changes brought about by legislative changes such as child tax credit and advance payments, as well as tax changes from the US bailout or Internal Revenue Service guidelines. (IRS) on the taxation of crypto-currencies. The collection also includes expert insights on state tax issues that arose in 2021, for example, those related to elective taxes for transmitting entities or nonresident withholding and reporting rules.
“Businesses and taxpayers will find that a lot has changed in tax law over the past year, and these changes will present both planning challenges and opportunities to try to maximize tax benefits,” said Mark Luscombe, JD, LLM, CPA. and Senior Federal Tax Analyst for Wolters Kluwer Tax & Accounting.
the Tax season tools and resources for tax practitioners content hub for tax and accounting professionals offers best practices, expert analysis, and resources in one place to help them better serve their clients during tax season. Throughout the year, Wolters Kluwer Tax & Accounting also publishes Tax Briefings which provide timely and in-depth information on tax legislation impacting businesses and individuals. Here is a link to one of the latest tax briefings: “Balance sheet for the 2021 tax year.”
Wolters Kluwer Tax & Accounting’s federal, indirect use and sales and state tax experts are available throughout tax season and year-round to help provide reporters and reporters with analysis and additional information on tax-related topics.