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FASB Seeks Comment on Financial KPIs
N.Y. Congressman Requests Trump’s Support For Tax Cap Elimination
AICPA News – Nov. 2024
Chicago Aldermen Give Mayor Brandon Johnson’s $300M Property Tax Plan the Boot
Rescinding IRS Funding Among the Many Bills House Majority is Itching to Pass
The first bill in the GOP package aims to rescind the increased funding for the IRS in the Inflation Reduction Act.
Help Your Startup Clients Avoid These 7 Tax Mistakes
As trusted advisors, CPAs have the knowledge and expertise to provide our clients with accurate and timely advice on a wide range of tax and financial matters.
11 Men Indicted in Multimillion-Dollar Sports Betting Ring Tax Evasion Case
The sports betting organization they managed evaded tens of millions of dollars in excise taxes for three years.
IRS Audits Dropped Slightly in 2022
Low-income wage-earners taking the earned income tax credit had a higher-than-expected audit rate, report says.
Here Are IRS-CI’s Top 10 Cases of 2022
These cases include IRS Criminal Investigation’s most prominent and high-profile investigations in the past year.
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.