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 24, 2024
IRS ‘Get Ready’ Campaign Helps Taxpayers Prepare for Filing Season
As the nation's tax season approaches, the Internal Revenue Service is offering a variety of simple steps taxpayers can take now to prepare to file their 2024 federal tax returns.
Taxes November 23, 2024
Trump Nominates Hedge Fund Exec Bessent to Lead Treasury Department
Donald Trump has nominated Scott Bessent, the founder of Key Square Group, a global investment firm. The 62 year-old Yale alum served as an economic advisor during Trump's first administration, and a major campaign fundraiser and donor.
Taxes November 22, 2024
The Tax Blotter – Nov. 2024
The Tax Blotter is a selection of briefs on the latest tax legislation and Tax Court rulings.
Taxes November 20, 2024
Treasury, IRS Final Regs on Direct Pay Expand Clean Energy Tax Credit Access
The rules provide more flexibility for direct pay-eligible entities that want to jointly invest in clean energy projects, Treasury says.
Small Business November 20, 2024
Avalara Unveils Intelligent Tax Content Solution for Lodging and Hospitality
ATC for Lodging gathers, processes and organizes lodging tax data specifically for the lodging and hospitality industries – making it the ideal solution for organizations that require lodging tax content for tax calculations.
Firm Management November 20, 2024
How Accounting and Tax Firm Owners Can Prevent Burnout
Here's how reducing burnout can lead to higher-value clients and, thus, help to scale your accounting and/or tax business.
Taxes November 20, 2024
Japanese Restaurant Owner Avoids Raw Tax Deal
A taxpayer in a recent Tax Court case tried to use the "Cohen rule" from an age-old case to escape out of a tax jam.
Taxes November 18, 2024
IRS Cuts Tax Interest Rates For Q1 of 2025
For the first time since 2020, interest rates for tax overpayments and underpayments will be lower than the previous quarter.
Taxes November 17, 2024
Eligible IRA Owners Can Deduct Up to $105,000 in Charitable Donations For TY 2024
IRA owners age 70½ and older can make up to $105,000 in tax-free charitable donations during 2024 through qualified charitable distributions. That’s up from $100,000 in past years.
Financial Reporting November 15, 2024
AICPA Has Grave Concerns with BOI Reporting Requirement Timeline
According to the AICPA, there is a worrisome lack of awareness surrounding the reporting requirements for BOI and they have raised these concerns about the complexities around the rule with FinCEN.
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.