Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
November 27, 2022
Tax Court Imposes Limit on Capital Losses
Notably, you may use a loss to offset a short-term gain realized earlier in the year that would otherwise be taxed at a high ordinary income tax rate.
November 24, 2022
The Technology Lab Podcast – Review of Zoho Invoice – Nov. 2022
Randy Johnston and Brian Tankersley, CPA.CITP, CGMA, review Zoho Invoice, a free online invoicing system.
Firm Management November 23, 2022
Elliott Penn is Not Happening
The merger between Elliott Davis and Whitley Penn, which was supposed to close on Nov. 1, has been called off.
Digital Currency November 23, 2022
Thinking of Putting Crypto in Your 401(k)? Think Twice
Crypto is a uniquely perilous investment for families struggling to husband their resources for retirement.
November 23, 2022
Helping Special Needs Families Plan Their Financial Futures
Families may have a million questions about their child’s care, education, residence and employment when they reach adulthood.
Taxes November 23, 2022
100% Bonus Depreciation for Aircraft Purchases About to End
For the last five years, businesses have been able to use bonus depreciation to expense 100 percent of qualified property, including big-ticket purchases like business aircraft.
Taxes November 23, 2022
Tax Court Decides “He Said, She Said” Case
Generally, the IRS has three years from the later of the time your tax return was filed or its due date to review the return and assess tax.
Firm Management November 23, 2022
Sikich Expands in Chicago with Acquisition of O’Malley & Kwit
The O’Malley & Kwit team will join Sikich’s downtown Chicago office. The transaction is scheduled to close on November 30.
Taxes November 22, 2022
Trump Accountant Testifies on Taxes: Shocked by Christmas Bonuses
Accountant: "I probably would’ve had a heart attack,” Bender said on cross-examination.
Digital Currency November 22, 2022
‘Substantial Amount’ of FTX Assets are Either Stolen or Missing, Attorney Says
“Unfortunately, the FTX debtors were not particularly well run, and that is an understatement,” said James Bromley.
Accounting November 22, 2022
FASB Proposes New Conceptual Framework Chapter on Recognition and Derecognition
Stakeholders are encouraged to review and provide comment on the proposed chapter by Feb. 21, 2023.
November 22, 2022
Supreme Court Says Congress Can Have Trump’s Tax Returns
Trump and his lawyers had already lost before a federal district judge appointed by Trump and an appeals court panel with two Republican appointees.