Featured News
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How Gen Z will transform the workplace
The young people of Generation Z are entering the workplace—and their behaviors, expectations and preferences differ from those of previous generations.
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IRS revamps tax calculator
The IRS relaunched its estimated tax calculator after hearing comments and concerns of both tax practitioners and taxpayers. The new version makes it easier for taxpayers to review their withholding.
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Protection for advisors reporting senior financial abuse
Advisors worried about violating privacy laws when they report suspected financial abuse of the elderly are now protected in more than 20 states, and more legislation is pending.
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FASB may delay three key effective dates
In a move that deviates from the Financial Accounting Standards Board's (FASB) philosophy around effective dates, the FASB is proposing delaying three key effective dates.
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Accounting, finance and digital transformation
Digital transformation is a top strategic priority for many firms. But success has been fleeting, and a new McKinsey report finds it’s partly due to bad financial data.
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ASU to improve guidance on distinguishing liabilities from equity
FASB is seeking comments on a proposed ASU that would improve guidance for certain financial instruments with characteristics of liabilities and equity.
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National coalition to protect professional licensing
A coalition representing various advanced professions has been created to educate policymakers and the public about the importance of rigorous professional licensing standards.
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Proposed regulations answer opportunity zone questions
Opportunity zone regulations proposed by the IRS in April provide much-needed clarity by answering questions raised by regulations proposed in October.
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Giving constructive criticism
When a colleague’s work isn’t up to par and you’re tasked with telling them, you may feel anxious. Done well, however, constructive criticism can work for both you and your co-worker.
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Late bonus depreciation elections
IR says bonus depreciation treatment affected as a result of the Tax Cuts and Jobs Act may be changed by taxpayers.