Accounting April 25, 2024
Top 7 Reasons Why People Are Leaving Accounting Firms, According to PICPA
The Pennsylvania Institute of CPAs shares fresh data and insights on how accounting firms can better retain top talent.
Firm Management April 24, 2024
Number of the Day: 52.2
That number is the average age of a public accounting firm partner, down from 52.6 last year, according to INSIDE Public Accounting.
Taxes April 24, 2024
IRS Forms New Office to Help People Settle Their Tax Disputes More Quickly
An arm of Appeals, the Alternative Dispute Resolution Program Management Office will look to revitalize existing ADR programs.
Taxes April 24, 2024
Bipartisan Bill Would Force IRS to Fix Issues With Math Error Notices
The bill, introduced in both the House and the Senate, would require the IRS to spell out exactly what the error on the return is.
Auditing April 22, 2024
EY Is the Busiest Among the Public Company Audit Firms
The Big Four firm audited 971 of the 6,607 public companies registered with the SEC in 2024, the most of any audit firm.
IRS April 19, 2024
IRS Provides Sneak Peek of Form 1099-DA for Digital Assets
The IRS Friday posted on its website the highly anticipated draft Form 1099-DA, which brokers will use to report digital asset transactions.
Accounting April 19, 2024
Forbes Unveils Its Top 200 CPAs in the U.S.
The 200 finalists were selected through a review of over 1,000 CPAs from a variety of backgrounds, locations, and specializations.
PCAOB April 18, 2024
The PCAOB is Hitting the Road This Year
Board members will host a series of five in-person forums for small audit firms in Chicago, Los Angeles, Denver, Miami, and Jersey City.
Taxes April 17, 2024
IRS Extends RMD Tax Relief for Inherited IRAs
This relief was provided to certain RMDs in 2021, 2022, and 2023, and is being extended in Notice 2024-35 to 2024.
Taxes April 17, 2024
IRS Updates FAQs on Electric Vehicle Tax Credits
The revised FAQs pertain to the new, previously owned, and qualified commercial clean vehicle credits.
Taxes April 17, 2024
IRS Touts Strong, More Efficient 2024 Tax Season
It’s Tax Day, so there’s no better time for the IRS to pat itself on the back for a job well done as filing season ends for most Americans.
Taxes April 16, 2024
IRS Says Work-Life Referral Services Are a De Minimis Fringe Benefit
The use of such referral and information services would be excluded from employees' taxable gross income, according to the IRS.
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
