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 August 23, 2024
New Jersey Drivers Could Write Off Their E-ZPass Tolls if Bill is Passed
If approved and signed in to law, New Jersey would extend a benefit to taxpayers that few states have and the IRS doesn’t allow.
Firm Management August 22, 2024
MHM Has Been Renamed CBIZ CPAs
The move better aligns CBIZ CPAs' attest practice with CBIZ's non-attest practice and reduces confusion in the marketplace.
Taxes August 22, 2024
IRS Highlights New Payment Options Within Business Tax Account Tool
Business tax account was launched last October as part of the agency's service improvement initiative under the Inflation Reduction Act.
Taxes August 22, 2024
Study: Charitable Giving Dropped By $20 Billion in First Year of TCJA
The researchers say that charitable giving fell in 2018 because of the law's change to the standard deduction for income taxes.
Taxes August 22, 2024
Interest Rates to Stay Unchanged for Q4 of 2024, IRS Says
Starting on Oct. 1, the rate for tax overpayments and underpayments for individuals will be 8% per year, compounded daily.
Accounting August 21, 2024
Ex-BDO Employee Not Competent to Stand Trial in 2022 Atlanta Shooting Spree, Judge Says
Raissa Kengne, who worked at BDO USA between 2018 and 2021, shot three people in Midtown, killing two, including her BDO supervisor.
Payroll August 21, 2024
Social Security COLA Benefits to Increase Less in 2025, New Estimate Says
The cost-of-living adjustment for 2025 is projected to be 2.57%, down from 3.2% in 2024, according to The Senior Citizens League.
Taxes August 21, 2024
New Tax Industry Task Force Aims to Crack Down on Scams
The Coalition Against Scam and Scheme Threats is comprised of the IRS, state tax agencies, tax software firms, associations, and others.
Firm Management August 21, 2024
FTC Ban on Employee Noncompete Deals Blocked by Federal Judge
The judge said the FTC lacked the authority to enact the ban, which was “unreasonably overbroad without a reasonable explanation.”
Taxes August 21, 2024
New Tools Help Governments Tap Clean Energy Tax Credits
The process for obtaining these credits is unlike that of any previous program, and online resources have added to make it easier to navigate.
Taxes August 20, 2024
Harris Calls For 28% U.S. Corporate Tax Rate
The Democratic presidential nominee's plan is in line with the corporate tax rate the Biden administration proposed in March.
Firm Management August 20, 2024
‘Billion-Dollar Club’ Has Its 16th Member Accounting Firm
According to INSIDE Public Accounting, 16 firms made $1 billion or more in revenue during their most recent fiscal year.