Taxes February 16, 2025
IRS Could Lay Off 15,000 Staff This Week, During Peak Tax Season
According to ABC News and the Associated Press, up to 15,000 workers at the Internal Revenue Service could be laid off from their positions in the next week.
Taxes February 15, 2025
CPA Weekly Tax News Roundup – Feb. 16, 2025
The CPA Practice Advisor Weekly Tax News Roundup is a weekly recap of tax-related news from the past week. From IRS news and tax court cases, to state, SALT, legislation and other related areas, the roundup can help you catch-up on recent changes. === Let us know if you like this new feature using the...…
AICPA February 14, 2025
AICPA Highlights Key Concerns for Individuals to Keep in Mind During 2024 Tax Season
As taxpayers navigate the challenges of tax season, the American Institute of CPAs (AICPA) is identifying areas individual filers to be aware of for this filing season.
Taxes February 14, 2025
AICPA Recommends Scaling Back Section 199A QBI Deduction Limitation
Section 199A generally allows owners of pass-through entities to deduct 20 percent of the owner’s QBI earned in a qualified trade or business.
Firm Management February 13, 2025
Bluebook Raises $3M to Build AI Agents for Accounting Firms with Pre-Seed Led by EQT Ventures
The software consolidates globally applicable accounting principles into a central repository of knowledge, serving as a pivotal platform for the collection and analysis of crucial financial data.
Artificial Intelligence February 13, 2025
Sage Intacct Adds AI Tools and Features to Boost Finance Teams
These latest enhancements help finance teams save time, get trusted insights faster, and focus on growth by simplifying compliance, enhancing decision-making, and improving operational efficiency.
Firm Management February 13, 2025
Gartner Survey Shows Majority of CFOs Plan to Boost Technology Budgets in 2025
Despite ongoing economic and geopolitical disruption, CFOs are planning significant technology budget increases, viewing digital investments as crucial for growth and efficiency, according to Gartner, Inc.
AICPA February 12, 2025
AICPA Thanks Ways and Means Committee for Approving Endorsed Legislation
The AICPA has long supported the proposals and will continue to work to advance comprehensive proposals that enhance Internal Revenue Service (IRS) operations and improve the taxpayer experience.
Taxes February 12, 2025
New Jersey CPA Sentenced in $9M Syndicated Conservation Easement Tax Scheme
A New Jersey accountant has been sentenced to 24 months in prison for his role in the promotion and sale of abusive syndicated conservation easement tax shelters.
Small Business February 12, 2025
Small Businesses Saw Improved Performance, Says Xero Data
For the first time since late 2022, sales growth was positive and late payments and time to be paid metrics both had shorter waiting times.
CAS February 12, 2025
Forvis Mazars Launches Transportation Profitability Analysis & Network Management Consulting Service
Data and insights from the tool, together with the consulting capacity of the team at Forvis Mazars, will provide an Unmatched Client Experience for carriers seeking to improve their bottom line.
February 12, 2025
2025 Tax Refund Schedule and Calendar: When You Will Get Your Refund: Where’s My Tax Refund?
This article includes an easy reference chart that taxpayers can use to estimate how soon they may get their income tax refund.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
