Featured News
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More CAS firms adding services for Forms 1099, W-9
A new survey finds high demand for client advisory services (CAS), including Form 1099 creation and filing.
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Survey shows divide among accounting pros on future of finance
A new survey from the AICPA & CIMA finds a clear divide between accounting and finance professionals who work as business partners and those who don’t.
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Final regulations issued for clean energy credit transfers
The IRS and Treasury have released final regulations on the transfer of clean energy manufacturing, investment and production tax credits.
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IRS offers sneak peek of Form 1099-DA for digital assets
The IRS recently posted the highly anticipated draft Form 1099-DA on its website, which brokers will use to report digital asset transactions.
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Updated FAQs offer details on phase-in timing of BOI access
Updated FAQs from FinCEN say Treasury will phase in access to BOI beginning this spring with a pilot program for some federal agency users and concluding in spring 2025.
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FTC votes to ban noncompete agreements for most workers
U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by the FTC.
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AICPA letter to FinCEN supports small RIAs
The AICPA recently sent a letter to FinCEN expressing concerns over the potential impact of proposed regulations on small registered investment advisers (RIAs).
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IRS promotes 2024 Nationwide Tax Forum
The IRS is inviting tax professionals to register for the 2024 IRS Nationwide Tax Forum, coming this summer to Chicago, Orlando, Baltimore, Dallas and San Diego.
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WICPA supports designating accounting as a STEM profession
The WICPA endorses two bipartisan bills that will expose more students to the accounting profession — and you can help.
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Despite moratorium, IRS gets 20K ERC claims weekly
Despite a moratorium since September on processing new claims for the pandemic-era employee retention credit (ERC), the IRS still averages 20,000 new applications weekly.