Taxes
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AICPA Auditing Standards Board Approves Revisions to Attestation Standards
Updated CPA Pipeline Report Show Top Reasons Some Decide Not to Pursue Credential
Biden Seeks to Bolster Solar Manufacturers With Tax and Trade Moves
Global Minimum Tax: 3 Key Priorities for U.S. Multinationals
500 Reasons to Eliminate Social Security’s Tax Cap
Ending the cap for the 5% of U.S. workers who earn more than $160,200 would increase revenue by over $150 billion.
Bankman-Fried Pleads Not Guilty, Trial Likely to Begin in October
The not guilty plea puts the case on track for a lengthy trial, which could last at least four weeks.
SALT Cap Foes Poised to Influence House GOP Tax Agenda
Wins in high-tax states were key to Republicans' new House majority but complicate their plans on a signature issue.
6 Key Takeaways From Trump’s Tax Returns
The documents show the former president’s complex, and sometimes unusual, financial situation.
IRS, Treasury Update Guidance on Accounting Methods for Specified R&E Expenditures
Revenue Procedure 2023-11 outlines how companies should comply with changes made by the Tax Cuts and Jobs Act.
New Retirement Rule Delaying Withdrawals Could Bite
There are some potential advantages for wealthy retirees, but they don’t come without potential trade-offs.
Do You Need A Charitable Appraisal? 2023 Tax Tips
The appraisal rules don’t apply to donations of publicly traded securities. Use the quoted market price to determine the FMV of the securities. This takes a lot of the guesswork out of the deduction.
Adoption Tax Credit Provides Valuable Benefit
The adoption credit is indexed annually by the IRS. Due to the rising inflation of late, the figures have jumped dramatically.