Tech News: New Forvis tool allows for New Markets Tax Credit forecasting. – Accounting Today

Forvis releases a New Markets Tax Credit forecasting tool; IRIS launches an Employee Self Service module for payroll; Replicon releases an automated time tracking solution; Sovos creates a partner network; and other news from the accounting technology world.
Many companies have benefited from federal government relief programs and will be subjected to single audits for the first time.
The Securities and Exchange Commission adopted rules this week requiring public companies to claw back erroneously awarded incentive-based compensation received by their current or former executives only months after issuing a set of rules on pay versus performance.
The Best Firms are finding more and more ways to put cash in the hands of their staff.
A recent study says that when auditors are given tools that they believe are more sophisticated, they are more likely to bias their evaluations towards what their supervisor wants.
The IRS is projecting that the annual gross tax gap in 2014-2016 of $496 billion jumped to $548 billion for 2017-2019.
Treasury Secretary Janet Yellen picked the agency veteran, who has been deputy commissioner for services and enforcement since last year, to head the service.
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