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Governor Hochul's Tax Plans Aim to Ease Costs for New Yorkers in 2025
Taxation
New York Governor Kathy Hochul’s 2025 State of the State address outlined her policy priorities, many of which have direct…
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IRS Targets Tax Loopholes in Partnership Transactions with New Rules
Taxation
On Jan. 10, the IRS and Treasury Department released final regulations that bring certain partnership-related transactions…
Read More
Conscious Unbossing: How Gen Z is Redefining Leadership
CPA Candidates
Gen Z is challenging traditional workplace norms. The latest concept to emerge from their ethos is “conscious…
Read More
Regulatory Roundup: January 7-13
Regulatory Roundup
AICPA CGMA Designation Recognized as Equivalent to “Senior Engineer” in Shenzhen Jan 09, 2025CBO Cost Estimate…
Read More
Driving Sustainability: New IRS, Treasury Proposed Rules Propel Clean Vehicles and Fuels Forward
Taxation
On Jan. 10, the U.S. Treasury Department and IRS published a Notice of Proposed Rulemaking (NPRM) on the credit for…
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IRS Proposes New Rules for Roth Catch-Up Contributions Under SECURE 2.0 Act
Taxation
The IRS and Treasury Department have issued proposed regulations to implement key provisions of the SECURE 2.0 Act…
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Another Texas Court Issues a Preliminary Injunction on the Corporate Transparency Act
Accounting
Another federal court in Texas has once again blocked the Corporate Transparency Act (CTA) and its beneficial ownership…
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Rethinking Accounting Partnerships and Pathways for the Next Generation
CPA Candidates
The accounting profession is undergoing significant changes as it adapts to the expectations of a new generation of…
Read More
Taxpayer Advocate Gives IRS a Mixed Review in 2024 Annual Report
Taxation
The 2024 Annual Report to Congress by National Taxpayer Advocate Erin Collins is a mixed evaluation of the IRS. It praises…
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