Featured News
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Redesigned NASBA tool helps CPAs track mobility changes
NASBA has redesigned its CPAMobility.org website to provide CPAs with a continuously updated database offering detailed guidance on practice mobility.
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IRS maintains per diem rates for 2025
In its list of high-cost and low-cost localities, the IRS kept per diem rates for travel, meals and incidental expenses unchanged for the new annual period starting Wednesday, Oct. 1.
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FASB amends guidance on accounting for internal-use software costs
FASB recently issued an Accounting Standards Update (ASU) that amends its guidance on accounting for internal-use software costs.
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AICPA urges IRS to modernize estate and trust forms
In a letter to the IRS, the AICPA recommended the modernization of several tax forms used by estates and trusts.
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IRS issues guidance on mandatory e-payments
The IRS and Treasury will phase out paper tax refund checks for individuals beginning Tuesday, Sept. 30.
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NASBA, AICPA release proposed revisions to CPE standards
On Wednesday, Sept. 17, NASBA and the AICPA issued an exposure draft of proposed changes to the Statements on Standards for Continuing Professional Education (CPE) Programs.
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Using AI prompt engineering to boost productivity
By mastering AI prompt engineering techniques, accountants can save hours on reporting and analysis, reduce errors and free up time for strategic work.
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AICPA seeks comment on administrative peer review proposal
The AICPA Peer Review Board is seeking public comment through Saturday, Oct. 25, on Peer Review Standards Update No. 3, Modernizing Peer Review Administration Requirements.
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PEEC releases guidance on attest client association
Recent guidance from the PEEC adds a new interpretation that includes a reporting requirement triggered by a member’s intent to accept an attest client’s offer of employment.
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IRS finalizes regulations for Roth catch-up contributions
The IRS and Treasury issued final regulations on Monday, Sept. 15, that address several SECURE 2.0 Act provisions relating to catch-up contributions.