Taxes February 13, 2026
Tax Court Slams Brakes on Charitable Deduction
The Tax Court immediately nixed the deduction because of the inadequate substantiation and the lack of any appraisal for high-income items.
Small Business February 7, 2024
How Did Your 1099 Season Go? New E-Filing Rules Challenged Some in 2024
Due to changes in reporting requirements, the 2024 filings became a little more challenging: The years ahead may be even more so.
Taxes February 6, 2024
Treasury: IRS Could Collect $561 Billion in Revenue Thanks to Inflation Reduction Act
However, Treasury warned that if $20 billion is cut from the IRS’s funding allotment, it would reduce revenues by over $100 billion.
Firm Management February 6, 2024
Citrin Cooperman Acquires CPA Firm Keefe McCullough in Florida
Fort Lauderdale-based KMC joined Citrin Cooperman Feb. 1 with 11 partners, more than 75 employees, and over $15 million in revenue.
Firm Management February 6, 2024
Private Equity in Public Accounting: Salvation or Ruination?
The landscape of public accounting experienced an unprecedented shakeup in 2023, marked not by the usual suspects of annual updates or technological advancements, but by a surge of interest from an unexpected source: private equity.
Firm Management February 5, 2024
PwC US Chooses Paul Griggs as Next Senior Partner
Griggs, who has worked at PwC US for nearly 30 years, will succeed the retiring Tim Ryan as senior partner on July 1.
Firm Management February 5, 2024
Baker Tilly Gets Big Private Equity Boost From H&F and Valeas
The transaction, which is expected to close in June, is said to be the largest private equity investment in the CPA sector thus far.
Firm Management February 5, 2024
CohnReznick Adds 24 New Partners and Principals
The 18 men and six women who were promoted comprise the largest new partner class in the top 20 firm's history.
Taxes February 5, 2024
Why Idaho Senator Mike Crapo Largely Controls Bipartisan Tax Bill’s Fate
The top GOP member of the Senate Finance Committee has signaled he won’t support the family and business tax break bill as-is.
Taxes February 2, 2024
GOP SALT Bill on Shaky Ground After Getting Over House Rules Hump
Democrats back lifting deductions cap but argue Republican-backed legislation is an election-year gift.
Taxes February 1, 2024
2024 Tax Refund Date Estimator
In most cases, early tax filers who are a due a refund can often see the refund as early as mid- or late February if they have it direct deposited. That’s without an expensive “tax refund loan” or other similar product.
Advisory February 1, 2024 Sponsored
5 Ways Firms Can Support Entrepreneurs in 2024
The primary focus for small business owners in 2024 is generating more revenue, with many small businesses wanting to add to their payrolls.
Taxes February 1, 2024
Tax Relief for Fire Victims Clears Major Hurdle with House Vote
The measure was approved 357-70 by the House of Representatives as part of a bipartisan tax deal that included fire victim tax relief.