Accounting February 19, 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.
Taxes November 15, 2024
Tax Experts Receive Awards from AICPA
James W. Sansone, CPA, was presented with the Arthur J. Dixon Memorial Award and Annette Nellen, CPA, CGMA, Esq., received the Jonathan Horn Distinguished Service Award.
Taxes November 14, 2024
Some Enrolled Agents Have Until Jan. 31 to Renew Their Status, IRS Says
EAs with a Social Security number ending in 0, 1, 2, or 3 must renew their status before their current enrollment expires March 31, 2025.
Payroll November 12, 2024
Watch For These 5 Changes to Social Security in 2025
For most people, Social Security will play a significant role in this plan, so staying up to date on the latest benefits information is crucial.
Taxes November 12, 2024
Dozens of States Will Not Tax Social Security in 2025
GoBankingRates.com released a new report that reveals there are 41 states that will not tax Social Security benefits next year.
Taxes November 11, 2024
IRS Updates FSA Contribution Limits and Carryovers for 2025
An employee who chooses to participate in an FSA can contribute up to $3,300 through payroll deductions during the 2025 plan year. The maximum carryover amount to 2025 is $660.
Accounting Technology Lab Podcast November 9, 2024
Review of TaxGPT – The Accounting Technology Lab Podcast – Nov. 2024
Brian Tankersley, CPA, and Randy Johnston review TaxGPT, an AI-powered tax assistant for accountants & tax professionals. The tech and accounting professionals that developed the TaxGPT co-pilot system says it can boost productivity by 10x.
IRS November 7, 2024
IRS FY 2024 Financial Report Says Longtime Deficiency Resolved
The agency collected more than $5.1 trillion in tax revenue and more than $98 billion in enforcement revenue.
Accounting November 7, 2024
IRS and Treasury Department Officials to Speak at Upcoming AICPA Fall Tax Division Meetings
The American Institute of CPAs will be holding its 2024 Fall Tax Division Meetings for on-site media on Wednesday, Nov. 13 in Washington, D.C. following the AICPA National Tax Conference.
Accounting November 6, 2024
Atlanta CPA Heading to Federal Prison For Tax Shelter Scheme
Herbert Lewis was sentenced in federal district court Nov. 1 to 28 months and ordered to pay almost $4.9 million in restitution.
Taxes November 6, 2024
How Trump Tariffs and Other Actions Might Reshape U.S. Economy
Trump also promised sweeping tax cuts during the campaign that culminated in his victory over Vice President Kamala Harris.
Taxes November 4, 2024
Here’s Why Maryland Paid the IRS $5.4 Million in Taxes
Maryland has paid $5.4 million to the IRS after a rare audit of the state found it owed millions of dollars in taxes in 2020.
Taxes November 1, 2024
IRS Releases 401(k), IRA Contribution Limits For 2025
The 401(k) contribution limit will increase to $23,500 next year, the IRS says, but the IRA contribution limit will stay at $7,000.