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AICPA Gets Behind Legislation Options for Taxpayers Experiencing Abuse
The Trusted Professional
The AICPA extended its staunch support of legislation Senator John Fetterman (PA-D) introduced that would offer a critical…
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Expert: OBBBA Does Not End Tax Credits Right Away
The Trusted Professional
The clean energy tax credits in the Inflation Reduction Act have not been eliminated completely. According to Accounting…
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AI Fears Cause Gen Z to Pivot Away From Traditional Career Paths
NextGen
As AI advances quickly and college degrees lose their perceived value, young professionals are currently reexamining what a…
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IRS Releases Interim Guidance on CAMT Application to Partnerships, Plans to Issue New Regulations
The Trusted Professional
On Jul 29, the IRS released Notice 2025-28 that offers "interim guidance to reduce the compliance burdens and…
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Long's IRS Era: Implementing the 'Big Beautiful Bill' and Agency's Culture Shift
The Trusted Professional
According to Accounting Today, IRS Commissioner Billy Long on Jul. 28 discussed his plans for the tax agency and the One…
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Alternative Licensure Pathway Bill Passes in Alaska Without Governor's Signature
NextGen
An alternative pathway bill that replaces the current minimum education requirement to get a CPA license passed into law in…
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NASBA, AICPA Issue Ninth Edition of the UAA
The Trusted Professional
On Jul. 22, the NASBA and the AICPA issued the ninth edition of the Uniform Accountancy Act (UAA), which offers guidelines…
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NASBA, AICPA Issue Ninth Edition of the UAA
NextGen
On Jul. 22, the NASBA and the AICPA issued the ninth edition of the Uniform Accountancy Act (UAA), which offers guidelines…
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IRS Tells Designated Officials to Revalidate Their Business Tax Account by Jul. 29
The Trusted Professional
The IRS tells Business Tax Account (BTA) users that Designated Officials must revalidate their accounts by Jul, 29 to…
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