|
Apr 17, 2025
The Treasury and IRS plan to withdraw regulations that labeled basis-shifting transactions among partnerships and related parties as "transactions of interest."
|
|
Apr 17, 2025
Share and share alike; fleecing the flock; United they fall; and other highlights of recent tax cases.
|
|
Apr 17, 2025
Optimism is building that a game-changing fund design that will help asset managers shrink clients' tax bills will soon be approved by the SEC.
|
|
Apr 17, 2025
Optimism is building that a game-changing fund design that will help asset managers shrink clients' tax bills will soon be approved by the SEC.
|
|
Apr 17, 2025
New staff presentation videos aim to help firms implement the four components of QC 1000, 'A Firm's System of Quality Control.'
|
|
Apr 17, 2025
The staff presentation videos aim to help firms implement the four components of QC 1000, A Firm's System of Quality Control.
|
|
Apr 17, 2025
States including Florida, New Hampshire, Texas and South Carolina are the main ones attracting clients due to their tax-friendly policies.
|
|
Apr 17, 2025
A Social Security floor-offset design, utilizing a sovereign wealth fund, could help alleviate current and future funding obligations.
|
|
Apr 17, 2025
A Social Security floor-offset design, utilizing a sovereign wealth fund, can help alleviate current and future Social Security funding obligations.
|
|
Apr 17, 2025
The average U.S. homeowner paid $4,172 in property taxes last year, according to a report by real estate data firm ATTOM.
|
|
Apr 17, 2025
The average U.S. homeowner paid $4,172 in property taxes last year, according to a report by real estate data firm ATTOM.
|
|
Apr 17, 2025
President Donald Trump is seriously considering ideas to raise taxes on the rich as a way to partially offset revenue losses from his tax package.
|
|
Apr 17, 2025
President Donald Trump is considering ideas to raise taxes on the rich as a way to partially offset revenue losses from his tax package.
|
|
Apr 17, 2025
Congress will be drafting its multitrillion tax cut proposal in the coming weeks, almost certainly reflecting the priorities of a small minority of constituents.
|
|
Apr 17, 2025
The university pushed back against the U.S. government after President Donald Trump said the school should lose its tax-exempt status.
|
|
Apr 16, 2025
The Trump administration is reportedly making plans to shut down the Internal Revenue Service's free tax prep system next year.
|
|
Apr 16, 2025
The Financial Accounting Foundation released its annual report, offering an overview of its activities in 2024, and at the two standard-setters it oversees.
|
|
Apr 16, 2025
The structure has been delivering tax savings to advisory practices and other professional services firms for decades. But experts say sometimes it's not the best fit.
|
|
Apr 16, 2025
The number of accounting-related securities class-action filings increased slightly in 2024, but were filed against smaller companies, according to a new report.
|
|
Apr 16, 2025
Millennials and Gen Z are increasingly populating the accounting workplace, bringing different expectations, work styles and technological proficiencies.
|
|
Apr 16, 2025
The former special agent in the Criminal Investigation division who probed Hunter Biden's taxes is expected to head the IRS.
|
|
Apr 16, 2025
A court upheld the Internal Revenue Service's forced sale of a co-owned dental practice for one owner's tax debt.
|
|
Apr 16, 2025
Plus, cyber teams may not be reporting everything they should, and other developments in technology this past month.
|
|
Apr 15, 2025
IRS happenings; minimal talk of de minimis; new blog on the block; and other highlights from our favorite tax bloggers.
|
|
Apr 15, 2025
The federal government's financial condition worsened by $4.7 trillion in the past year, according to a new report.
|
|
Apr 15, 2025
The federal government's financial condition worsened by $4.7 trillion in the past year, according to a new report timed to coincide with Tax Day.
|
|
Apr 15, 2025
The bill, backed by the AICPA, would enable K-12 STEM funding to be used for accounting awareness and education and eventually help with the talent shortage.
|
|
Apr 15, 2025
The bill, backed by the AICPA, would enable K-12 STEM funding to be used for accounting awareness and education and eventually help with the talent shortage.
|
|
Apr 15, 2025
The bill, backed by the AICPA, would enable K-12 STEM funding to be used for accounting awareness and education and eventually help with the talent shortage.
|
|
Apr 15, 2025
The Internal Revenue Service commemorated the 70th anniversary of the April 15 tax filing deadline.
|
|
Apr 15, 2025
The Internal Revenue Service commemorated Tax Day this year as the 70th anniversary of the April 15 tax filing deadline.
|
|
Apr 15, 2025
The IRS is pushing back filing and payment deadlines statewide for those impacted by local storms, tornadoes and flooding.
|
|
Apr 15, 2025
Republicans in the White House, Senate and House are drafting analyses on how best to craft a new tax bracket for the wealthiest Americans.
|
|
Apr 15, 2025
If you don't think clients and prospective clients are checking out your Google reviews, think again.
|
|
Apr 15, 2025
How honest will Americans be about their income when there are suddenly fewer auditors to check them?
|
|
Apr 15, 2025
How honest will Americans be about their income when there are suddenly fewer auditors to check them?
|
|
Apr 15, 2025
Harvard's tax-exempt status affords the school a variety of benefits, such as not having to pay traditional property taxes on educational buildings.
|
|
Apr 15, 2025
Harvard's tax-exempt status affords the school a variety of benefits, such as not having to pay traditional property taxes on educational buildings.
|
|
Apr 14, 2025
The Treasury Secretary said the administration and the GOP are looking at a range of ways to help pay for President Trump's tax agenda, including extending his 2017 tax cuts.
|
|
Apr 14, 2025
The accounting profession is at home everywhere in the country, but there are a few spots where it's more concentrated.
|
|
Apr 14, 2025
A majority of Americans do not know that many provisions of the Tax Cuts and Jobs Act are temporary and set to expire this year, according to a new survey
|
|
Apr 14, 2025
A majority of Americans do not know that the Tax Cuts and Jobs Act is temporary and set to expire this year, according to Cato Institute.
|
|
Apr 14, 2025
Tax and accounting solutions provider Wolters Kluwer said that there is currently no evidence that any financial or tax data has been impacted.
|
|
Apr 14, 2025
The IRS has extended the deadline for reporting income paid to non-resident aliens, foreign corporations, and other foreign entities.
|
|
Apr 14, 2025
Following its acquisition with Marcum, Top 10 Firm CBIZ has begun centralizing its disparate technology services under a single office.
|
|
Apr 14, 2025
The collapse of BF Borgers in May 2024 unleashed a flood of new clients.
|
|
Apr 14, 2025
The collapse of BF Borgers in May 2024 unleashed a flood of new clients.
|
|
Apr 14, 2025
The Trump administration's campaign against DEI is changing — not necessarily eliminating — accounting firms' efforts.
|
|
Apr 14, 2025
The Trump administration's campaign against DEI is changing — not necessarily eliminating — accounting firms' efforts.
|
|
Apr 14, 2025
If you were designing a CPA practice from scratch, what would you do about tax season? Keep it as is, make some changes or possibly eliminate it?
|
|
Apr 14, 2025
How do you determine whether AI, automation, or any emerging tool is worth the investment? The answer isn't as complicated as it seems.
|
|
Apr 14, 2025
The artificial intelligence technology that will transform accounting is available, so what's holding us back?
|
|
Apr 14, 2025
The latest data on the number of accountants working remotely, and where residents experience the highest and lowest lifetime tax burdens.
|
|
Apr 11, 2025
The Internal Revenue Service issued a notice giving some breathing room to participants and advisors involved with micro-captive insurance companies.
|
|
Apr 11, 2025
Connected leadership is like conducting an orchestra: Beautiful music comes from relationships, not just technical precision.
|
|
Apr 11, 2025
Ohio's new law providing an alternative path to a CPA license has taken effect after 90 days and enables out-of-state CPAs to practice in the Buckeye State.
|
|
Apr 11, 2025
In the final days of tax season, tax professionals have been grinding through their clients' tax returns while trying to reassure them.
|
|
Apr 11, 2025
Virtual cards have come on the scene as a viable solution for managing purchases made outside the organization.
|
|
Apr 11, 2025
Caseware forms Global Advisory Board with Barry Melancon as chair; Tesorio releases AI agent for supplier portal invoicing; Compliance pros see massive sea change due to AI; and other accounting tech news.
|
|
Apr 11, 2025
Plus, Tesorio releases AI agent for supplier portal invoicing; compliance pros see massive sea change due to AI; and other accounting tech news.
|
|
Apr 11, 2025
The Internal Revenue Service is projected to lose more than $313 billion over a decade as undocumented workers are poised to pay fewer taxes.
|
|
Apr 11, 2025
The Internal Revenue Service is projected to lose more than $313 billion in revenue in the coming decade as undocumented workers are poised to pay fewer taxes.
|
|
Apr 11, 2025
Plus, the Illinois CPA Society's charitable arm names its board of directors, and other firm and personnel news from across the profession.
|
|
Apr 11, 2025
The highest average tax rate on imports in more than a century could raise prices and stunt economic growth.
|
|
Apr 11, 2025
The legislation blocks a rule that would have forced some cryptocurrency brokers to provide tax information on transactions on their platforms.
|
|
Apr 11, 2025
The legislation blocks an IRS rule that would have forced some cryptocurrency brokers to provide tax information on transactions conducted on their platforms.
|
|
Apr 11, 2025
Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.
|
|
Apr 11, 2025
Rep. Jeff Van Drew thinks House Republicans will end up approving a $30,000 cap on the state and local tax deduction.
|
|
Apr 10, 2025
The California Society of CPAs and the National Association of Black Accountants are helping the entertainment community, businesses and homeowners recover.
|
|
Apr 10, 2025
$20 million questions; speared; tag, you're it; and other highlights of recent tax cases.
|
|
Apr 10, 2025
Though the SEC has yet to issue regulations specific to AI, that doesn't mean companies are off the hook when it comes to disclosures.
|
|
Apr 10, 2025
President Trump' and congressional leaders successfully corralled House Republican lawmakers to approve a Senate-passed budget outline.
|
|
Apr 10, 2025
The two Top 25 Firms are reportedly close to a major M&A deal, creating a firm with $3 billion in annual revenue.
|
|
Apr 10, 2025
States are looking to add new pathways to CPA licensure, beyond the 150-credit requirement, amid an ongoing labor shortage.
|
|
Apr 10, 2025
Registrations are open for the 2025 Accounting MOVE Project, with a focus on the cost of losing talent and how belonging impacts retention and growth.
|
|
Apr 09, 2025
As AI works its way into more and more business processes, it has become increasingly important for auditors to understand where, why, when and how organizations use it and what impact it is having.
|
|
Apr 09, 2025
Big Four firm EY announced a collection of new AI solutions to enhance the work of its assurance professionals, as part of its $1 billion investment in AI.
|
|
Apr 09, 2025
The American Institute of CPAs asked officials in the Treasury and the IRS for changes in the final regs governing generation-skipping transfer tax exemptions.
|
|
Apr 09, 2025
The International Auditing and Assurance Standards Board released a revised standard on how auditors should evaluate a business's prospects as a going concern.
|
|
Apr 09, 2025
The International Auditing and Assurance Standards Board released a revised standard on how auditors should evaluate a business's prospects as a going concern.
|
|
Apr 09, 2025
The first wave of layoffs and others in the works will reduce enforcement. But the smaller ranks will still carry out "a rather grueling examination," an expert says.
|
|
Apr 09, 2025
How about an entrepreneurial path that puts you in an environment where you can be strategic and innovative for the good of the firm?
|
|
Apr 09, 2025
Deloitte and PwC, and business software provider Intuit, each announced separate deals with Google to access its cloud infrastructure and AI capacities.
|
|
Apr 09, 2025
The Internal Revenue Service will give taxpayer data about immigrants to U.S. authorities conducting criminal investigations
|
|
Apr 09, 2025
The Internal Revenue Service will give taxpayer data about immigrants to U.S. authorities conducting criminal investigations
|
|
Apr 09, 2025
The Iowa Legislature passed a bill creating an additional pathway to CPA licensure.
|
|
Apr 09, 2025
President Trump's so-called reciprocal tariffs are dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.
|
|
Apr 09, 2025
President Trump's so-called reciprocal tariffs are dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.
|
|
Apr 09, 2025
Ultra-conservatives in the House are threatening to block a budget blueprint to kickstart tax cut negotiations, potentially delaying passage of Trump's economic plan.
|
|
Apr 09, 2025
Ultra-conservatives in the House are threatening to block a budget blueprint to kickstart tax cut negotiations, potentially delaying passage of Trump's economic plan.
|
|
Apr 09, 2025
Acting IRS commissioner Melanie Krause reportedly intends to resign following a deal with the Department of Homeland Security to use IRS data for immigration enforcement purposes.
|
|
Apr 09, 2025
In two recent cases, the court looked to local law for the first time in research funding analysis.
|
|
Apr 09, 2025
As tax season enters the final stretch, here are the latest filing statistics, updated weekly.
|
|
Apr 08, 2025
A group of over 100 lawmakers reintroduced legislation in the House to expand and strengthen the Low Income Housing Tax Credit.
|
|
Apr 08, 2025
A bipartisan group of over 100 lawmakers reintroduced legislation in the House to expand and strengthen the Low Income Housing Tax Credit.
|
|
Apr 08, 2025
A bipartisan group of over 100 lawmakers reintroduced legislation in the House to expand and strengthen the Low Income Housing Tax Credit.
|
|
Apr 08, 2025
Change is not at hand; a question for brokerages; the IRS Simple Installment; and other highlights from our favorite tax bloggers.
|
|
Apr 08, 2025
Elon Musk's Department of Government Efficiency reportedly plans to centralize all IRS data around a single portal and will begin efforts next week with a "hackathon."
|
|
Apr 08, 2025
Elon Musk's Department of Government Efficiency reportedly plans to centralize all IRS data around a single portal and will begin efforts next week with a "hackathon."
|
|
Apr 08, 2025
Individuals and businesses in a dozen states hit by natural disasters in 2024 will have at least a few extra weeks to file their taxes or ask for an extension.
|
|