Accounting October 6, 2026
The 2026 AI Finance Stack
73 tools worth knowing, how I would put them together, and the trends behind why finance teams are picking them.
December 28, 2021
IRS Sets Jan. 10 Deadline for Strict New Reporting Rules for R&D Amended Returns
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 ...
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December 28, 2021
Deferred Social Security Tax Payments Due by Jan. 3, 2022
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
FASB Issues Two New Chapters of Its Conceptual Framework
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
Navigating Bonus Depreciation for “Flip-Flop” States
“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
United States and Nation of Malta Sign Agreement on Pension Funding
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.
December 22, 2021
IRS Further Extends Tax Deadlines for Those Affected by Hurricane Ida
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.
December 22, 2021
IRS Sending Letters to Advance Child Tax Credit Recipients
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.
December 22, 2021
3 Trends for Accounting Firms in 2022
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.
December 21, 2021
Internal Audit Professionals Gather for Virtual Event Hosted by Wolters Kluwer
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 ...
December 21, 2021
Closing The Books On 2021: Looking Forward to 2022
2021 has been a monumental year and CPAs have seen industry-related trends that necessitated both positive as well as negative change. From increased cyber and professional liability risks to broader growth opportunities for CPAs and firms, this year ...
December 21, 2021
New Features Announced for Intuit ProConnect Tax Online, ProSeries and Lacerte
On the heels of the new Path to Advisory guide and AccounTrends podcast, Intuit is adding more enhancements to its products and ways to help tax and accounting professionals focus on their clients’ needs and the future of their businesses.
December 21, 2021
The Tax Blotter – 2021 Year-End Edition
The Tax Blotter is a round-up of recent tax topics. Due to recent federal tax legislation, the deduction for alimony payments is no longer available, but you may still deduct payments under certain older agreements.