The AICPA urged Treasury and the IRS to provide guidance on measuring, substantiating, and reporting gambling gains and losses, saying uncertainty can cause some taxpayers to report taxable income ...
The IRS announced inflation-adjusted limits on benefits and contributions for various retirement accounts, including maximum contribution amounts for 401(k) plans and traditional and Roth IRAs.
The IRS Office of Professional Responsibility (OPR) plans additional guidance on artificial intelligence and practitioner ...
Binance's $6.3B crypto hack exposed gaps in custody and controls. See what CPAs can learn about hot wallets, proof of ...
The IRS has expanded the Tax Pro Account to allow authorized tax professionals to make certain payments on behalf of business ...
The adjustments include increases in the standard deduction, income tax bracket thresholds, and the child tax credit. The ...
Half of CFOs and senior finance leaders believe their companies will pursue a merger or acquisition next year, according to global research by Gartner.
Tax professionals may soon be able to upload signed powers of attorney through the IRS Tax Pro Account, and broader access to client account information could follow, National Taxpayer Advocate Erin ...
A public comment period on proposed changes to the AICPA Code of Professional Conduct will soon open after the AICPA’s ...
The IRS announced inflation-adjusted limits on benefits and contributions for various retirement accounts, including maximum contribution amounts for 401(k) plans and traditional and Roth IRAs. The ...