Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
June 25, 2020
What to Do if You Can’t Pay Your Taxes Because of Coronavirus
The survey also found that more than a third of taxpayers (37%) do not have the resources to pay 2019 taxes owed despite the deadline being extended to July 15th.
June 25, 2020
With July 15 Deadline Approaching, 37% of Taxpayers Can’t Pay Because of Covid
A majority of taxpayers (61%) are deeply concerned that the financial impacts of COVID-19 may force them into tax debt, adding to the $131 billion already owed to the IRS by 14 million Americans.
June 25, 2020
Louisiana Gives Dept of Revenue Power to Provide Tax Relief
Lawmakers in Louisiana have made it easier for the Louisiana Department of Revenue to provide tax relief in the wake of a gubernatorial or presidential declaration of disaster or emergency.
June 25, 2020
AICPA and CPA.com Launch OnPoint EBP on CaseWare Cloud Platform
Technology and evolving standards are transforming the way audits are being conducted. The AICPA has been a leader in this area, particularly in its work to define and develop the audit of the future through projects such ...
June 24, 2020
IRS Gives Carte Blanche to RMD Recipients
To alleviate financial stress resulting from the COVID-19 pandemic, the CARES Act suspended the rules for RMDs in 2020, including accounts of non-spouse beneficiaries. Therefore, if you had not arranged to take an RMD this year, you can just let the ...
June 24, 2020
Tipalti Helps Online Gaming Companies Automate Payments
With many people staying home amid COVID-19, the gaming industry has seen increased engagement and revenue as people seek social interaction and entertainment. Gaming businesses looking to rapidly scale to meet this demand ...
June 24, 2020
The Shifting Roles of Accountants
What is this technology and how has it changed the accounting professional’s role? The advancement of computing and the internet have allowed accountants to be more efficient at their roles of preparing budgets and taxes, calculating projections with ...
June 24, 2020
AICPA Asks IRS for Guidance on Excess Business Losses
The excess business loss is defined as the aggregate deductions for the taxable year attributable to trades or businesses of a taxpayer over the aggregate gross income or gain for the taxable year, plus $250,000 ($500,000 for a ...
June 24, 2020
In New Era of Uncertainty for Accounting Firms, Remote Workforces are a Certainty
Successful CPA firms place a premium on security and ongoing contact with clients. The remote practices, initially thought to be somewhat temporary, will most likely be permanent and will require ongoing education of employees and ...
June 24, 2020
IRS Issues Guidance on Sec 199A Deduction for RICs
The Internal Revenue Service has issued final regulations permitting a regulated investment company (RIC) that receives qualified real estate investment trust (REIT) dividends to report dividends the RIC pays to its shareholders as section 199A dividends.
June 24, 2020
The Internet Tax Freedom Act is Controversial, and Gets Locked in on July 1
A controversial law since its initial passing, tension has only increased as this permanent implementation date draws near. The loss of this revenue source isn’t welcomed by state revenue agencies, particularly as ...
June 24, 2020
Sales Taxes in the U.S.: 2020 Mid-Year Update
The midyear update to Avalara's annual sales tax changes report takes stock of what’s transpired in the world of sales tax since the start of the year. It also introduces emerging trends.