Taxes November 21, 2024
Starting in 2025, the IRS Will Accept Duplicate Dependent Returns With an IP PIN
Filers who claim tax credits like the Earned Income Tax Credit and Child Tax Credit will especially benefit from this change, the IRS said.
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
Taxes November 21, 2024
Filers who claim tax credits like the Earned Income Tax Credit and Child Tax Credit will especially benefit from this change, the IRS said.
Technology November 21, 2024
The Studio360 platform reduces system and data complexity and enables real-time insights for accounting and finance teams.
Taxes November 20, 2024
The rules provide more flexibility for direct pay-eligible entities that want to jointly invest in clean energy projects, Treasury says.
Firm Management November 20, 2024
Most firms are planning to raise fees across services by 5% or 10% due to rising business costs, according to the Ignition report.
Firm Management November 20, 2024
The combination expands the top 300 firm's presence into Bellevue, joining its three other offices in the state of Washington.
Technology November 20, 2024
Firms can use the free tool to price advisory services like tax planning and CFO support based on measurable client outcomes.
Auditing November 19, 2024
The Audit Committee Transparency Barometer Report emphasizes the need for audit committees to raise the bar with their disclosures.
Accounting November 19, 2024
The proposal would establish rules on the recognition, measurement, and presentation of a government grant received by a business.
Firm Management November 19, 2024
The PE-backed top 60 firm has expanded its footprint in western Michigan by acquiring BHT&D, a full-service CPA firm.
Small Business November 19, 2024
The groups have formed the Small Business Tax Fairness Coalition, advocating for a tax code that prioritizes entrepreneurs' needs.
Firm Management November 18, 2024
The top 25 accounting firm has wrapped up a deal with investment firm Centerbridge Partners and VC firm Bessemer Venture Partners.
Firm Management November 18, 2024
The top 30 firm said the injection of funding will help back increased M&A activity, as well as new technology and service lines.