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Citrin Cooperman Picks Up Clearview Group in Maryland
AICPA & CIMA Launch Global Women to Watch Recognition to Celebrate and Honor Women in the Profession
PCAOB Debuts ‘Audit Focus’ Series for Auditors of Small Public Companies
Taxbit Unveils New Global Tax Reporting Platform
IRS, Treasury Let U.S. Semiconductor Chip Makers Know How to Claim Tax Credit
Tax incentive looks to boost the making of semiconductors and semiconductor manufacturing equipment in the U.S.
The Tax Blotter – March 2023
Many of the changes for individuals in the Tax Cuts and Jobs Act (TCJA) are temporary and are scheduled to expire after 2025. But some are permanent provisions of the tax code.
Tax Considerations for High-Net-Worth Individuals in 2023
Those who are not ready for this potentially seismic shift should speak to their advisors as soon as possible in order to take advantage of planning opportunities.
Budget Would Revive Monthly Child Tax Credit Payments in 2024
President would restore monthly $300 payments to families with children, but the proposal will likely meet opposition.
IRS Bolsters Digital Scanning Abilities
The IRS has scanned more than 120,000 paper forms 940 since the start of this year as part of its new Digital Intake initiative.
FBAR Update: Recent Changes to Reporting Assets Held Outside U.S.
Americans with a financial interest in or signature authority over a foreign financial account are required to file an FBAR if the aggregate value of all foreign accounts is more than $10,000.
Feds Charge 7 with $110 Million Tax Refund ID Theft Scheme
Charged with a conspiracy to claim $111 million in tax refunds using the stolen identities of accountants and taxpayers by filing at least 371 false tax returns.
New Incentives for Qualified Charitable Distributions
The new law enhances the benefits of making “qualified charitable distributions” (QCDs) from a taxpayer's IRAs.