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.
Accounting Standards December 3, 2024
FASB Targets Credit Losses for Accounts Receivable, Contract Assets in Proposed ASU
The proposal addresses challenges with applying CECL to current AR and contract assets arising from revenue transactions.
Taxes December 3, 2024
Will the New GOP-Controlled Congress Give Parents a Bigger Tax Break?
Republicans and Democrats alike are eager to boost the child tax credit, but they've had trouble agreeing on the details.
Taxes December 3, 2024
IRS Tool Can Help You Estimate If Your Tax Withholdings Are Enough
The IRS Tax Withholding Estimator can help taxpayers make sure the correct amount of tax is withheld from their paychecks.
Taxes December 3, 2024
Georgia Tax Preparer Guilty of Filing $3 Million in Fraudulent Returns
Jessica Crawford of Athens, GA, is facing up to 30 years in prison after pleading guilty to fraudulently filing tax returns on behalf of clients.
Staffing December 2, 2024
Year-End Hiring Strategies for 2024: Navigating the Senior Talent Gap in Accounting
The severity of the shortfall in talent has not gone unnoticed and has led to the refocusing of minds within the accounting industry about the need to solve these talent issues once and for all.
Taxes December 2, 2024
Opinion: A Better Way to Pay for Extending the Trump Tax Cuts
A potential solution exists that should be acceptable to Republicans because they floated it not too long ago.
SEC December 2, 2024
Trump Team Eyes Ex-SEC Commissioner to Succeed Gary Gensler as Chair
Paul Atkins, who is a strong proponent of digital assets and fintech companies, is a leading contender to head the SEC.
IRS December 2, 2024
Opinion: IRS Shows What Government Efficiency Really Looks Like
The way to make the government more effective is no mystery—just fund it adequately so it can effectively do its job.
Taxes December 2, 2024
What Trump’s Endowment Taxes Could Mean for Yale, Other Universities
Colleges are already bracing themselves for potential large-scale changes during the president-elect's second term in office.
Taxes December 2, 2024
Donald Trump’s EV Tax Credit Takeback Could Undermine Panasonic’s Kansas Plant
Panasonic's new plant in DeSoto, KS, faces uncertainty as the president-elect considers ending tax credits for electric vehicles.
Taxes December 2, 2024
‘Harry Potter’ Star Rupert Grint Loses Tax Battle, Ordered to Pay $2.3M
After a five-year battle with the 36-year-old English actor, a judge ruled in favor of the HMRC, the U.K. equivalent of the IRS.
Taxes December 2, 2024
Aluminum Wars: U.S. Factory Owners Seek ‘Political’ Route to Higher Import Taxes Under Trump
Manufacturers hope the Trump administration will reverse the International Trade Commission's recent refusal to boost tariffs.