Featured News
-
FinCEN urged to align FBAR deadlines with IRS disaster relief
The AICPA recommends that FinCEN adopt a policy of automatically granting FBAR filing postponements to coincide with the disaster relief deadline extensions provided by the IRS.
-
Survey: Firms that embrace cloud tech see higher growth
According to a recent survey, accounting firms that use cloud-based technology solutions are experiencing higher levels of growth.
-
Auto depreciation limitations increase
The IRS issued higher new depreciation limitations for passenger automobiles, although the increases are smaller than in the previous two years.
-
IRS revises FAQ on Form 1099-K
The IRS has revised its fact sheet on Form 1099-K, Payment Card and Third-Party Network Transactions, to address confusion surrounding the filing season.
-
Survey: Gen Z most likely to use AI for tax filing
A recent survey finds that America’s young adults are leading the charge in embracing artificial intelligence to file their taxes.
-
AICPA’s member insurer to cover BOI work for firms
The AICPA's member insurance program underwriter said its coverage generally includes client work associated with beneficial ownership information (BOI) reporting.
-
Navigating the CPA profession’s wave of retirements
As seasoned professionals get ready to retire, there are ways the industry can cultivate and empower the next generation of accountants.
-
Finance leaders skeptical of their data, survey finds
Almost 40% of CFOs in a global survey do not completely trust the accuracy of their organization’s financial data.
-
More companies moving away from in-office model, study shows
A new research study finds that the percentage of U.S. companies requiring employees to work fully in offices has dropped by nearly 25% since the beginning of 2023.
-
AICPA seeks input on governmental auditing challenges
The AICPA and the NASACT have joined forces to address the challenges around CPA resources within state and local governments as well as the CPA firms that audit them.