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U.S. Military Households More Likely in Better Financial Situation Than Non-Military Households
What Is the Greatest Flaw of Accounting Firm Leaders?
IRS Releases Initial Guidance on Carbon Sequestration Tax Credit
Texans Get Tax Relief From the IRS After Hurricane Beryl
Accounting Firms Spend Far More Than Law Firms on AI
Accounting firms spent almost four-times as much implementing Artificial Intelligence (AI) systems in the past year as law firms and other professional services organizations.
IRS Gives Taxpayers New Faxing Option to Request Relief on Late International Forms
The IRS says this electronic option removes a step in the paper process, which saves time and eases the burden on international taxpayers.
Right Networks and Thomson Reuters Partner for Secure Cloud Hosting for Tax and Accounting Firms
Tax and accounting professionals can now leverage Right Networks’ secure, scalable cloud hosting with Thomson Reuters’ software suite, including UltraTax CS and SurePrep.
Happy 88th Birthday, Social Security! Celebrate By Not Making These Three Mistakes
As Social Security commemorates its 88th year, here are a few things to keep in mind when you start thinking about claiming benefits.
Trust In Irrevocable Life Insurance Trusts
Many limitations have been placed on traditional tax shelters over time, but the benefits of “irrevocable life insurance trusts” (ILITs) remain intact.
4 Priorities for Finance Teams in Late 2023
The lingering (although receding) risk of a recession, stubborn inflation trends, economic policy debates, and geopolitical instability all create challenges for businesses and their finance teams.
IRS Warns Employers About Abusive ESOP Schemes
The IRS has concerns that employee stock ownership plans are being used by some wealthy taxpayers as a tax avoidance tool.
Small Business Owners’ Optimism Rose Slightly in July
A new report shows incremental progress for small businesses dealing with inflation, future planning, hiring, and more.