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.
December 7, 2018
IRS Gives Guidance on New Tax Benefit for Stock Options
The Internal Revenue Service has issued Notice 2018-97 offering guidance on a recent tax law change that allows qualified employees of privately-held corporations to defer paying income tax, for up to five years, on the value of qualified ...
December 7, 2018
Tax Reform Myths and Facts for 2019: What the TCJA Really Means for Taxpayers
There is a plethora of information (and more pointedly, misinformation) about the Tax Cuts and Jobs Act of 2017 (TCJA) that taxpayers are taking as gospel and applying to their 2018 tax situation.
December 7, 2018
AICPA and NASBA Renew Mutual Recognition Agreement with Australia and New Zealand
The American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have renewed a Mutual Recognition Agreement (MRA) with the Chartered Accountants of Australia and New Zealand (CA ANZ).
December 7, 2018
IRS Interest Rates Increase for Q1 2019
Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
December 7, 2018
IRS Warns Tax Pros About Scams, Reminds Firms of Duty to Have Security Plan
The IRS also reminds all professional tax preparers that they are required by federal law to create and maintain a written data security plan. Sole practitioners are just as vulnerable to data theft as practitioners in large firms.
December 7, 2018
Trust and Business Insight are More Critical than Ever in the Digital Age, CPA.com CEO Says
Technology is transforming all major practice areas within the accounting profession, and CPAs will increasingly adopt a more strategic role in delivering trusted information and insights, the chief executive of CPA.com said.
December 7, 2018
KPMG Moves into Small Business Tax and Accounting Services with Spark
Big 4 accounting and business consulting firm KPMG LLP, is making a play for the small business tax and accounting services market with the launch of a new online system called KPMG Spark. The service is the result of the acquisition by KPMG of the ...
December 7, 2018
AICPA Awards $120,000 in Scholarships to Community College Transfer Students
The scholarship is given each year to exemplary students transferring from a two-year college to a four-year college or university to finish their accounting degrees. Twenty-four students will receive $5,000 each toward their tuition.
December 7, 2018
WICPA Announces New President & CEO
Hofstede has been with the WICPA for 26 years, having joined the organization as an accounting intern in 1992. Since then, she has held the positions of accounting assistant (1993-1995); accounting, legislative, foundation & technology ...
December 7, 2018
Accounting Students Win PwC Case Competition
The group’s winning presentation focused on a case in which a media company had recently acquired a theme park that included a gaming subsidiary. The students were tasked with determining if the company should continue funding the gaming subsidiary ...
December 6, 2018
Chargify Acquires ProRata
As subscription businesses begin to use billing as a competitive edge, constant change creates complexities and downstream implications for finance teams. Additionally, the ASC 606 and IFRS 15 accounting standards that were announced in 2014 will be ...
December 5, 2018
It’s Almost Tax Time: Last Minute Tax Tips to Get the Most from Tax Law
American taxpayers can expect the Tax Law & Jobs Act to most significantly impact itemizers, homeowners, the self-employed and parents. Among the most notable changes, new standard deductions and limitations on itemized deductions will materially ...