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 September 6, 2023
How to Determine the Nature and Taxability of NFTs
Is the sale of an NFT subject to tax? Should it be? While lawmakers and tax officials worldwide have at least 91.8 million reasons to ensure tax laws account for sales of NFTs and other new tech, crafting tax policies for NFTs is difficult.
Accounting September 6, 2023
AI Systems Take Center Stage in 2023 Innovation Awards
The Innovation Awards are presented to honor new or recently enhanced technologies that benefit tax and accounting professionals and their clients through improved workflow and efficiencies, increased accessibility, enhanced collaboration, greater accuracy, or other means.
Taxes September 4, 2023
Beware the Accumulated Earnings Tax
The accumulated earnings tax must be paid in addition to the regular corporate income tax. Despite recent threats by Congress to raise the ante, this penalty tax remains at the 20% rate.
September 1, 2023
IRS Issues Guidance on State Tax Payments
The guidance is being issued as part of the IRS's efforts to provide additional certainty to states and their residents regarding the federal income tax consequences of state payments made to taxpayers.
Taxes September 1, 2023
IRS Gives Tax Filing Delay to Hurricane Idalia Victims
These taxpayers now have until Feb. 15, 2024, to file various federal individual and business tax returns and make tax payments.
Taxes August 29, 2023
Tax Court Case Shows IRS Effort to Revoke Passports for Tax Debt
Under the 2015 Fixing America’s Surface Transportation (FAST) Act, the IRS can deny, revoke or limit a passport if you have a seriously delinquent tax debt.
Taxes August 29, 2023
Treasury, IRS Formally Propose New Rules for Claiming Clean Energy Tax Credits
The proposed regulations include prevailing wage and registered apprenticeship requirements for clean energy projects.
August 29, 2023
Nominations Open for CPA Practice Advisor’s “40 Under 40” and “20 Under 40” Awards
The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession by visibly and incrementally changing...
Taxes August 28, 2023
AICPA Asks IRS to Address Issues with Forms 3520 and 3520-A
In comment letters sent to the IRS, the AICPA requested improvements be made to two tax returns pertaining to foreign trusts.
Taxes August 25, 2023
IRS Hiking Interest Rates on Oct. 1
The last time the agency increased interest rates on tax overpayments and underpayments was for Q1 of this year.
Taxes August 25, 2023
Treasury, IRS Unveil Long-Delayed Crypto Tax Reporting Rules
The proposed regulations are viewed by backers as critical to policing a largely unregulated sector plagued by tax avoidance.
Taxes August 25, 2023
IRS Issues Table for Calculating Premium Tax Credit for 2024
The IRS on Aug. 23 announced 2024 indexing adjustments for important percentages under the Affordable Care Act.