Latest Articles

January 2, 2022 

If you've mastered all the components of your role, your workday runs like a tight ship, with every piece moving in clockwork fashion. If that feels like a win, you're measuring excellence on a distorted scale.

Arianna Campbell

January 1, 2022  Sponsored

The great resignation has made hiring employees challenging. But the challenge doesn’t end when an employee starts with a firm.

December 30, 2021 

The acquisition of AccountantsWorld is a further strategic step in IRIS’ mission to revolutionize the professional accounting market in North America, bringing together leading technology, capability and deep sector knowledge to help accountants ...

December 28, 2021 

Recently the IRS surprised many people in the world of research and development (R&D) tax credits. Suddenly, companies filing retroactively to capture the credit on an amended return for prior years must now also include much more detailed supporting ...

December 28, 2021 

Employers and self-employed individuals who chose to defer paying part of their 2020 Social Security tax obligation, must make a payment by Jan. 3, 2022.

December 22, 2021 

The Conceptual Framework is a body of interrelated objectives and fundamentals that provides the FASB with a foundation for setting standards and concepts for it to use as tools for resolving accounting and reporting questions.

December 22, 2021 

“Flip-flop” states, or those that have gone back and forth between conforming and not conforming with federal tax laws are particularly problematic for tax and accounting professionals, especially when it comes to bonus depreciation.

December 22, 2021 

IRS says that U.S. taxpayers with no connection to Malta were misconstruing the pension provisions of the Treaty to avoid income tax on the earnings of, and distributions from, personal retirement schemes established in Malta.

Isaac M. O'Bannon

December 22, 2021 

Victims of Hurricane Ida in six states now have until Feb. 15, 2022, extended from Jan. 3, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced.

Isaac M. O'Bannon

December 22, 2021 

The IRS is urging people receiving these letters to make sure they hold onto them to assist them in preparing their 2021 federal tax returns in 2022.

Isaac M. O'Bannon

December 22, 2021 

Firms willing to adopt new technologies and prioritize employee and client experiences will be in an ideal position to attract new clients and keep current clients happy. Here are three trends to know for the coming year.

Nellie Akalp

December 21, 2021 

Internal audit executives from over 35 countries took part in the online event. The agile audit session was led by agile coach Mark Williams from Agile Outside IT and focused on how agile audit aligns with the goals of Chief Audit Executives to drive ...