Latest Articles

June 9, 2020 

The IRS has released proposed regulations addressing the treatment of certain medical care arrangements under section 213 of the Internal Revenue Code. Section 213 of the Code allows individuals to take an itemized ...

June 9, 2020 

The FreshBooks Accounting Professionals Program focuses on bringing together modern accounting firms with small businesses. The program is inspired by a Collaborative Accounting approach, in which accounting professionals and ...

June 8, 2020 

Global gross domestic product will probably shrink 5.2% in 2020, the Washington-based development organization said in its semi-annual Global Economic Prospects report Monday. Emerging and developing economies will shrink 2.5%...

June 8, 2020 

A group that represents several of the nation’s low-cost airlines is seeking federal regulators’ permission to pack passengers into cabins without having to space them out to reduce the risk of spreading the virus.

June 8, 2020 

Criminals are continuing to use the COVID-19 Economic Impact Payments as cover for schemes to steal personal information and money. Scams related to COVID-19 are not limited to stealing EIPs from taxpayers, however.

June 8, 2020 

The new CPA Exam Scholarship will offer up to $1,500 to at least 50 AICPA Student Affiliate members or AICPA CPA Exam Candidate Affiliate members in the U.S. to reimburse fees for taking the CPA Exam as well as exam preparatory courses and materials.

June 8, 2020 

The RAB grant recipients will receive funding to support their research. In addition, since these four projects are behavioral research projects, the CAQ will assist in providing access to auditors from its eight Governing Board firms.

June 8, 2020 

What do you think happens to your firm when you feed it the right tools and training? What is your future vision of your tax practice? Do you want to be fit and competitive, or do you prefer the alternatives?

Randy Johnston

June 8, 2020 

TaxCon, a week-long virtual event, includes many aspects attendees enjoy about live events, like one-on-one interaction with instructors, attendees and even exhibitors live throughout the event.

June 8, 2020 

In the past two months, more than 159 million Americans have received Economic Impact Payments totaling almost $267 billion. Of the payments, 120 million were sent to Americans by direct deposit, 35 million by ...

June 8, 2020 

The Internal Revenue Service Office of Chief Counsel is expanding its Virtual Settlement Days program after the tremendous success achieved by three offices that took Settlement Days events virtual in May 2020.

June 8, 2020 

The set of questions address provisions professionals should consider when evaluating businesses that received funding or support under one of the CARES Act provisions. Specifically, it offers insight related to tax law changes ...