Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
Taxes January 15, 2025
IRS Proposes Regs, Draft Form for Corporate Separations and Reorganizations
The Treasury Department and the IRS on Monday released proposed regulations for corporate separations and reorganizations, as well as reporting requirements for multiyear corporate separations and a draft version of new Form 7216.
Accounting January 15, 2025
Workwize Raises $13 Million in Series A Funding to Disrupt IT Asset Management for Globally Distributed Teams
Workwize, a platform for global IT hardware asset management, has closed $13 million in Series A funding led by Klass Capital, with continued support from early-stage investors Peak and Graduate Entrepreneur Fund.
Taxes January 15, 2025
IRS and Treasury Department Float New Rules for Qualified Commercial Clean Vehicle Tax Credit
Under Section 45W of the tax code, the credit may be claimed by purchasing and placing in service qualified commercial clean vehicles, including certain battery electric vehicles, plug-in hybrid EVs, fuel cell EVs, and plug-in hybrid fuel cell EVs.
Technology January 15, 2025
insightsoftware Acquires JustPerform to Deliver Unified, No-Code, Cloud-Native Enterprise Performance Management
The demand for EPM platforms is surging as organizations seek integrated, cloud-native solutions to address budgeting, forecasting, and consolidation challenges with real-time accuracy.
Taxes January 15, 2025
IRS, Treasury Lay Out Guidance on Clean Fuels Production Credit
Section 45Z of the tax code provides a tax credit for the production of transportation fuels with lifecycle greenhouse gas emissions below certain levels. The credit is in effect in 2025 and is for sustainable aviation fuel and non-SAF transportation fuels.
Payroll January 15, 2025
7 Ways Gen Xers Can Turbocharge Retirement Savings Before It’s Too Late
The first edge of Gen X, which ranges in age from 44 to 59, is on the cusp of retirement, and they still have time and a handful of strategies to significantly improve their savings and retirement.
Firm Management January 15, 2025
BDO USA Announces Big Brothers Big Sisters of America as First Cause Partner
BDO’s commitment marks the firm’s first national strategic nonprofit collaboration and begins a three-year relationship with BBBSA to invest in future generations and enhance youth well-being.
Taxes January 15, 2025
IRS, Treasury Final Rules Classify Partnership Basis Shifting Transactions as ‘Transactions of Interest’
Last June, the Treasury Department and the IRS proposed new guidance aimed at stopping the use of basis shifting—transactions where an individual or business moves assets to a related party to avoid paying taxes.
Firm Management January 15, 2025
Nexia Announces Appointment of Matthew Howell as CEO
With a distinguished career spanning over two decades in senior leadership roles within membership organizations and professional services, Howell brings a wealth of experience to the Nexia network.
Payroll January 15, 2025
Only 24% of Workers Confident They Have Skills Needed for Advancement
Employers that invest in continued learning and on-the-job development stand to reap bottom-line benefits that go beyond having a well-prepared workforce.
Taxes January 14, 2025
IRS and Treasury Department Propose Regs on New Roth Catch-Up Rule, 401(k) Auto Enrollment
The proposed regulations address several SECURE 2.0 Act provisions, including ones aimed at the new Roth IRA catch-up rule and the new automatic enrollment requirement for 401(k) and 403(b) plans.
![gavel1_11537663[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2020/03/gavel1_11537663_1_.5e6a69aa237a8.png)
Accounting January 14, 2025
AI and Litigation: How Accountants Can Stay Ahead as Courts Wrestle with the Machine Revolution
From automating processes to analyzing massive datasets, AI is reshaping the accounting landscape while lawyers and judges scramble to decide who’s responsible when it all goes wrong. From intellectual property spats to bias allegations, AI is breaking down courtroom doors, and the legal system isn’t ready.