Firm Management October 23, 2026
The Future of Your Tax Practice is Connected. Here’s Your Path Forward
Connect your team, clarify next steps, and cut the chase—so your practice grows. Here’s how.
Taxes May 9, 2025
Malliotakis, Other House Republicans At Odds Over Higher SALT Cap
Rep. Nicole Malliotakis (R-NY) suggested she backs the GOP leadership proposal to increase the SALT cap to $30,000 from the current $10,000, even as other Republican lawmakers trashed it as a non-starter.
Taxes May 9, 2025
IRS Issues New Warning For Taxpayers to Avoid Losing Money, Personal Data
Even if you filed your tax return for the year, the IRS warned this week that taxpayers should remain on alert for some common scams to avoid losing money and personal data.
Taxes May 9, 2025
Trump Seeks Tax Hike on Wealthy Earning $2.5 Million or More
The president’s proposal calls for creating a new 39.6% tax bracket for individuals earning at least $2.5 million, or couples making $5 million.
Taxes May 9, 2025
Poll: Trump Says Harvard Shouldn’t be Tax-Exempt, But Do Voters Agree?
According to a new Economist/YouGov poll of 1,850 U.S. adults, Americans are divided over whether Harvard’s tax-exempt status should be changed.
IRS May 9, 2025
Man Who Made False Gun Threat at Kansas City IRS Campus Gets Prison Sentence
Anthony Alford, 46, of Kansas City, who was accused of making a false gun threat that set off an active shooter lockdown at the Kansas City IRS campus last year, has been sentenced to three years in prison.
Accounting May 9, 2025
Ranking the Best Accounting and Tax Tech for 2025: Professionals Vote for Their Favorites in the Readers’ Choice Awards
Now in their 21st year, the awards allow tax and accounting professionals from various specialties to identify the technologies they have found to be essential to their practice, including performing client service functions, staff management, collaboration, resource management, payroll, communications, or other tasks.
Taxes May 7, 2025
IRS and Federal Government Will Stop Accepting Paper Checks as Payments
In addition to halting issuing of paper checks, the government will no longer accept paper checks as payment.
Taxes May 7, 2025
Feds’ Latest Tool in Push to Curb Immigration: Workers’ Tax IDs
A recent agreement between the IRS and U.S. Immigration and Customs Enforcement to share immigrants’ tax information has raised growing concern about how data tied to ITINs and their holders might be used.
Taxes May 7, 2025
The Tax Blotter – May 2025
Along with casualty losses, deductions for personal theft losses remain suspended at least through the end of the year, although there are certain exceptions.
Taxes May 6, 2025
AICPA Submits Recommendations for Updated Instructions to Form 8971, Information Regarding Beneficiaries Acquiring Property from a Decedent
Form 8971 is an important tax form for estates required to file a federal estate tax return. Executors file this form to report the final estate tax value of property distributed or to be distributed from the estate.
IRS May 5, 2025
IRS Has Slashed 11% of Its Workforce as of March, TIGTA Says
A new report from the Treasury Inspector General for Tax Administration provides an update on the IRS’s efforts to reduce its workforce, as well as a snapshot of IRS business units impacted.
Taxes May 5, 2025
Deloitte: Tax Executives Emphasize Transparency, Digitalization Amid Uncertainty
A new Deloitte survey found that transparency and digitalization continue to be key priorities for tax leaders around the world, while sustainability is having a bigger impact on companies in the midst of ongoing regulatory uncertainty.