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 13, 2025
The Top 10 IRS Criminal Cases of 2024
The IRS says the defendants in these cases committed millions of dollars in fraudulent activity, duped investors into believing they were going to strike it rich and tried to funnel money to terrorist organizations.
Taxes January 13, 2025
California Joins IRS By Moving Tax Filing Deadline to Oct. 15 for Los Angeles County Residents
The tax deadline change, permitted under presidential disaster declarations, is similar to those in previous years when flooding or wildfires hindered residents and business owners suffering from property loss or damages.
Taxes January 13, 2025
SALT Deduction Cap Talks with Trump ‘Positive,’ Lawmakers Say
The main focus of the face-to-face meeting was the $10,000 cap on the so-called SALT deduction that was a signature feature of Trump’s 2017 tax cut bill, set to expire for tax years after 2025. The group wants to see the cap raised or even eliminated.
SEC January 13, 2025
WWE Founder Vince McMahon Settles SEC Charges of Undisclosed Payments
McMahon did not admit to or deny the SEC's findings, but he agreed to pay a $400,000 civil penalty and reimburse WWE for about $1.33 million, according to SEC officials.
Small Business January 13, 2025
Canada Prepares Counter-Tariffs if Trade War Starts
Justin Trudeau says Canada is ready to respond with counter-tariffs against the U.S. if President-elect Donald Trump follows through on his threat to begin a trade war in North America.
Human Resources January 13, 2025
Amazon to Stop Some of Its DEI Program
In a memo to employees last month, Amazon said it was “winding down outdated programs and materials” as part of a review of hundreds of initiatives, including ones that had completed their work. The team expected to complete the consolidation by the end of 2024.
Taxes January 11, 2025
FTC Requires H&R Block to Pay $7 Million and Change Advertising and Service Practices
The FTC charged that H&R Block unfairly required consumers seeking to downgrade to a cheaper H&R Block product to contact customer service, unfairly deleted users’ previously entered data and made deceptive claims about “free” tax filing.
Taxes January 10, 2025
IRS Postpones Tax Deadlines Until Oct. 15 for Victims of Los Angeles County Wildfires
Currently, only individuals and households that reside or have a business in Los Angeles County qualify for tax relief. However, the same relief will be offered to any counties designated by FEMA in the coming days or weeks.
Taxes January 10, 2025
2025 Filing Season to Start Jan. 27, IRS Says
The IRS expects more than 140 million individual tax returns to be filed ahead of the April 15 federal deadline, with more than half of all tax returns filed this year with the assistance of a tax professional.
Accounting January 10, 2025
CES Experiences – What’s New for 2025
This CES was more about "experiences," and we were actively separating reality from hype. Many columns I've read on the CES event don't represent the reality I understood by attending.
Firm Management January 10, 2025
Grant Thornton Hits Record $8 Billion in Global Revenue in 2024
The Grant Thornton global network of accounting firms pulled in a record $8 billion in revenue during its most recent financial year that ended Sept. 30, 2024, a 6.6% increase in U.S. dollars and 8.8% in adjusted constant currency terms over its 2023 revenue of $7.5 billion.
Firm Management January 10, 2025
KPMG Closed Out 2024 with Global Revenue of $38.4 Billion
KPMG finished its 2024 financial year with global revenue of $38.4 billion, a 5.1% increase in local currency terms and 5.4% growth in U.S. currency over the previous year, the Big Four firm said last month.