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 2, 2025
Will the Limits on SALT Deductions Finally be Ended in 2025? Trump Says Yes
Finally, the long-sought lifting of the cap on state and local tax deductions seems to have the support it needs in Congress. Perhaps most important, President-elect Donald Trump backs the idea.
AICPA January 2, 2025
AICPA Requests Guidance Related to Partial Exclusion for Gain from Certain Small Business Stock
Section 1202 was enacted as part of the Omnibus Budget Reconciliation Act of 1993 as an incentive for taxpayers to start and/or invest in certain small businesses.
Mergers and Acquisitions January 2, 2025
Thomson Reuters Acquires SafeSend in $600 Million Deal
"Becoming a part of Thomson Reuters will enable us to accelerate product development efforts and realize our shared vision of an end-to-end tax workflow solution," said Steve Dusablon, who founded SafeSend with Andrew Hatfield in 2008.
Taxes January 2, 2025
Nine States Cut Individual Income Taxes on Jan. 1
Seven of the states that are lowering their individual income taxes in 2025 have legislatures that are controlled by Republicans, as well as Republican governors.
Auditing January 2, 2025
Average Audit Fees Rose 6.4% in 2023, Report Finds
Average audit fees increased by 6.4% in 2023—from $2.83 million in 2022 to $3.01 million the following year—according to the 15th Annual Audit Fee Survey and Insights Report from the Financial Education & Research Foundation.
Accounting January 2, 2025
Accountant and His Wife Finish 50 Marathons in 50 States in Their 50s
Accountant Kelly Hayley and his wife, Shannah, of Plano, TX, lead a run club and started working toward their 50-state goal around five years ago. They finished their accomplishment in Baltimore on Oct. 19, 2024.
Income Tax December 31, 2024
2025 Tax Refund Dates – Where’s My Refund, And When Will I Get It?
Depending on when taxpayers file their returns, they can often receive their federal tax refund payment (check or direct deposit) within 10-21 days.
Firm Management December 31, 2024
Professionals on the Move – Year-End 2024
Professionals on the move is a recap of recent promotions, hiring, and other staffing announcements from across the profession.
Taxes December 31, 2024
Harnessing Data for Better Tax Projections
Accurate projections aren’t just about staying compliant with the law. They’re about giving clients the confidence to make smarter decisions.
Security December 31, 2024
Treasury Department Says it Was Breached by Chinese-Backed Hacker
The hacker was able to remotely access certain Treasury workstations and “certain unclassified documents maintained by those users,” according to a letter the agency sent to Congress on Dec. 30.
Technology December 30, 2024
Employer.com Set to Acquire Bench Accounting
The move comes days after Bench left thousands of its customers scrambling before year end and with the 2025 tax season right around the corner by announcing Dec. 27 it was shutting down.
Payroll December 30, 2024
Here Are the States Where Minimum Wage is Going Up in 2025
In 2025, more than 20 states will see minimum wage increases for hourly workers, though the federal minimum wage will remain $7.25—the same its been since 2009.