Taxes
IRS Updates FAQs on Electric Vehicle Tax Credits
The revised FAQs pertain to the new, previously owned, and qualified commercial clean vehicle credits.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Taxes
IRS Touts Strong, More Efficient 2024 Tax Season
It’s Tax Day, so there’s no better time for the IRS to pat itself on the back for a job well done as filing season ends for most Americans.
Taxes
IRS Says Work-Life Referral Services Are a De Minimis Fringe Benefit
The use of such referral and information services would be excluded from employees' taxable gross income, according to the IRS.
Accounting
Deloitte’s Time as the Most Prestigious Accounting Firm in the U.S. Has Run Out
After Deloitte ended PwC's 14-year streak as most prestigious firm in Vault's 2024 ranking, PwC took that title back for 2025.
Technology
Most Accounting Firms Are Shying Away From Using AI—For Now, Survey Finds
While 35% of firms surveyed by Rightworks have no plans to use AI, 38% not using AI technology now might consider it down the road.
Accounting
PwC Locks Down Top Spot in Vault's Best Accounting Firms Ranking for 2025
PwC has been ranked the No. 1 best accounting firm to work for by Vault for the last 12 years.
Taxes
IRS Adds More Census Tracts For EV Charger Tax Credit
These additional census tracts were determined to meet the description of eligible census tracts in Notice 2024-20, the IRS said.
Accounting
RightTool Wins 2024 Accountant Bracket Challenge
The QuickBooks automation tool defeated CPA Jason Staats, host of the Jason Daily podcast, in the final by a score of 355-110.
Auditing
PCAOB Really Flexed Its Enforcement Muscles in 2023
Total enforcement activity reached its highest level since 2017 and monetary penalties doubled compared to the record set in 2022.
Accounting
Fortune Includes 7 CPA Firms in 2024 ‘100 Best Companies to Work For’ List
The same seven public accounting firms that made Fortune’s list for 2023 also made this year’s ranking—just their positioning changed.
Auditing
PCAOB Proposal Would Require Audit Firms to Disclose a Variety of Metrics
The proposal would direct firms to provide more information, like involvement of partners and auditor turnover, to investors.
Auditing
PCAOB Wallops KPMG Netherlands With Record $25M Fine For Exam Cheating
Rampant cheating on internal training exams occurred from 2017 to 2022 and the firm lied about its knowledge of it, the PCAOB said.