Taxes April 1, 2026
You’re Too Late for the Best Savings on Your 2025 Taxes – It’s Time to Start on Next Year’s Taxes
While you’re still in tax mode, use the completion of your 2025 taxes as impetus to begin proactive planning in 2026.
Taxes August 21, 2025
MySky Acquires U.S. State Tax Guide
MySky is acquiring the State Tax Guide from Jet Support Services Inc (JSSI), expanding the capabilities of its MySky Tax solution.
Taxes August 5, 2025
Kiddie Tax 101: What Is It, How Does It Work, and Who Has to Pay It?
The kiddie tax was established almost 40 years ago to prevent parents from avoiding taxes by transferring large gifts of investment assets to their children.
Special Section: Guide to 2025 Tax Changes July 11, 2025
New OBBBA Federal Tax Law Prompts Planning Surge, Complexity for CPAs
In the wake of the sweeping One Big Beautiful Bill Act (OBBBA), signed into law just one week prior, accounting professionals are scrambling to understand and apply a raft of new federal tax provisions.
Accounting Technology Lab Podcast July 11, 2025
Overview of the New Tax Laws in the OBBBA – The Accounting Technology Lab Podcast – July 2025
In this special podcast, Brian Tankersley, CPA, and Randy Johnston welcome Wolters Kluwer tax law expert Mark Luscombe, CPA, to discuss the key changes to tax law with the passage of the One Big Beautiful Bill Act.
Taxes July 9, 2025
What CPAs Should Know About the Return of 100% Bonus Depreciation in 2025
Whether your clients are investing in commercial buildings, launching new ventures, or improving existing properties, this update creates fresh opportunities for accelerated deductions.
Tax Planning March 18, 2025
The Death of a CPA: What Happens to the Firm? Time to Make a Plan
You will die one day. What if it happens before you retire? CPAs should have a formal succession plan that addresses how the sale or termination of the practice (retirement, incapacity, or death) will be handled.
Taxes February 15, 2025
CPA Weekly Tax News Roundup – Feb. 16, 2025
The CPA Practice Advisor Weekly Tax News Roundup is a weekly recap of tax-related news from the past week. From IRS news and tax court cases, to state, SALT, legislation and other related areas, the roundup can help you catch-up on recent changes. === Let us know if you like this new feature using the...…
State and Local Taxes February 6, 2025
Trump Considers Ending Carried Interest, Expanding SALT Deduction
President Donald Trump outlined his tax priorities in a meeting with Republican lawmakers, including a call to end the carried interest tax break used by private equity fund managers and expand the state and local tax deduction.
Taxes February 3, 2025
Top 10 Biggest Income Tax Credits and Deductions for 2025
Tax credits are usually a direct subtraction of what you owe, and can sometimes come back to you in your refund. A tax deduction generally reduces what your taxable income is. In this article, we're looking at the Top 10 tax credits and deductions, if you qualify!
Small Business February 3, 2025
Taxes for Gig Workers: Survey Shows Many Are Unprepared for Lower 1099-K Reporting Threshold
More than 20% of respondents plan to pay a tax professional for the first time as a result of 1099-K reporting changes and complexity.
Taxes December 26, 2024
Top Year-End Tax Planning Strategies
With a thorough understanding of their unique circumstances and the latest tax regulations, you can transform complex tax challenges into clear, actionable solutions—setting the stage for your clients’ financial success in 2025 and beyond.
Taxes December 26, 2024
7 Tips to Prepare for Next Year’s Taxes Now
As the end of the year approaches, now’s the time to start preparing for filing your 2024 tax return in 2025. Here are tips and strategies to prepare now for the 2025 tax-filing deadline.