Featured News
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IRS proposes new rules to police land-conservation tax deals
The IRS proposed regulations that would strengthen its ability to question aggressive land-rights tax deals with steep penalties for omissions.
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CFP Board releases guidance on cryptocurrency
The CFP Board of Standards recently released new guidance for financial advisors on how the organization’s code of ethics and standards of conduct apply to cryptocurrency.
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Inflation drives pessimism, fuels potential challenges
Driven by concerns about inflation, more CPA decision-makers are pessimistic about the state of the U.S. and global economies, according to a new survey.
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IRS updates 2020 unemployment compensation exclusion FAQ
The IRS recently updated its frequently asked questions (FAQ) for the 2020 unemployment compensation exclusion.
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Treasury sets labor rules for clean energy tax credits
Treasury released initial guidance that outlines new wage and apprenticeship requirements companies must follow to qualify for clean energy tax credits under the Inflation Reduction Act.
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AICPA asks for changes to Schedule UTP draft revisions
In a letter, the AICPA said the current draft of Schedule UTP places a “significant burden” on both taxpayers and practitioners.
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IRS increases interest rates for Q1 2023
For individuals, the rate for overpayments and underpayments will be 7% per year in Q1 2023, up from 6%.
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Developing a powerful brand for your firm
CPA firms can implement certain branding strategies to attract and retain top talent amid the Great Resignation.
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SEC publishes 5-year strategic plan
A new five-year strategic plan from the SEC calls for more focus on protecting the public against fraud, implementing robust regulations and supporting a diverse workforce.
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Digital Black Friday sales top forecasts, report finds
Customers spent $14.42 billion between Thanksgiving and Black Friday, up from an initial projection of $14.04 billion.