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IRS Offers Temporary Simplified Method for Corporate AMT
Accounting
Thomson Reuters reports that corporations navigating the new corporate alternative minimum tax (CAMT) now have the option…
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IRS Hotline Sees Improvement, But CPAs Remain Wary of the Road Ahead
Accounting
According to Journal of Accountancy, this year’s tax season saw measurable improvements in IRS hotline service, according…
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SALT Cap Relief in House Tax Bill Comes With Limits for Certain Pass-Throughs
Accounting
The House’s recently passed $4 trillion tax package includes a significant change to the state and local tax (SALT)…
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House Tax Bill Proposes Dismantling of PCAOB, Shifting Oversight to SEC
Accounting
A clause in the House tax bill passed last week carries significant implications for audit oversight: the dissolution of the…
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Inside the Push to Rethink CPA Pathways
Accounting
The accounting profession is undergoing a quiet restructuring. With talent shortages growing and interest in traditional CPA…
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Tax Day Comes and Goes Despite Layoffs and Technology Delays at the IRS
Accounting
Amid the sweeping layoffs, resignations and stalled modernization layoffs, the IRS marked the 70th anniversary of the modern…
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NFIB Urges Treasury to Destroy Millions of BOI Records
Accounting
After a complete overhaul in the federal reporting rules regarding beneficial ownership information (BOI), Journal of…
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Why DEI Is Shifting Into a More Cautious Mode
Accounting
Diversity, equity and inclusion (DEI) programs may be disappearing from headlines, but that doesn’t mean the work is…
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GASB Seeks Feedback on Financial Stress and Government Dissolution Disclosures
Accounting
The Governmental Accounting Standards Board (GASB) released a Preliminary Views (PV) document on Mar. 19, requesting public…
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