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 12, 2024
Estate Planning: The Basics of a Special Needs Trust
A special needs trust is an irrevocable trust that supplements public assistance benefits available to a disabled child. Assets and income can be used to pay for items like travel, education, recreation, rehabilitation and medical expenses that aren’t covered by public assistance.
Firm Management January 11, 2024
Prager Metis Merges in Goldsmith Molis & Gray
The top 60 accounting firm has expanded its presence in North Carolina by combining with Asheville-based GM&G.
Taxes January 11, 2024
Colorado’s TABOR Refunds Won’t Be Taxed By the IRS
According to two elected officials, Coloradans won't have to pay federal income taxes on their state refunds this filing season.
Taxes January 11, 2024
Ohtani’s Contract Prompts California Controller to Ask Congress to Step In on Deferrals
Congress should narrow a loophole that could spare Shohei Ohtani from paying tens of millions in California taxes, Malia Cohen said.
Digital Currency January 10, 2024
SEC OKs Bitcoin-Spot ETFs in Milestone for Digital Assets
U.S. regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, with 11 funds to begin trading Thursday.
Firm Management January 10, 2024
PKF O’Connor Davies Picks Up Robert Philipson & Co.
The Maryland-based firm, acquired by PKF O’Connor Davies on Jan. 1, specializes in servicing high-net-worth and other private clients.
IRS January 10, 2024
Long IRS Delays in Assisting Identity Theft Victims Are ‘Unconscionable,’ National Taxpayer Advocate Says
Nearly 500,000 taxpayers with cases pending at the IRS waited almost 19 months for their identity theft issues to be resolved.
Firm Management January 10, 2024
BDO USA Adds 60 New Principals for 2024
This is the first new class of rainmakers since BDO ditched its partnership model to become a professional services corporation.
Taxes January 10, 2024
Tax Tips for Accountants With Gambling Clients
With millions trying their luck, complex tax rules for reporting and deducting gambling winnings and losses present new challenges for taxpayers.
Taxes January 9, 2024
IRS Warns Tax Pros of Another ‘New Client’ Scheme Involving Cybercriminals
The IRS has seen a new round of email scams where cybercriminals pose as potential clients looking for tax help.
Payroll January 9, 2024
The Resume Is Dead, Long Live Skills Testing
According to the survey, 52% of applicants say they exaggerate responsibilities and 45% make up details like the number of direct reports - stuff you can't easily double check.
Firm Management January 9, 2024
Citrin Cooperman Adds Coleman Huntoon & Brown
The Chapel Hill, NC-based CPA firm joins Citrin Cooperman with more than 20 employees and over $7 million in revenue.