Federal and state tax news
Latest federal and state tax news articles
-
ArticleTax & AccountingNovember 26, 2024
SEC Chair Gensler to depart agency
The SEC announced that SEC Chair, Gary Gensler, will step down from the agency effective at 12:00 p.m. on January 20, 2025. -
ArticleTax & AccountingNovember 26, 2024
2024 Year-End Tax Briefing
Read the latest tax briefing recapping the year's tax policy changes -
ArticleTax & AccountingOctober 15, 2024
Commenting on legislation will get your voice heard
If a tax professional is concerned about pending legislation or wants action on a specific issue, he or she should absolutely take the time to comment to the relevant committees. -
ArticleTax & AccountingJune 28, 2024
IRS Revises Draft Form 6765 for Research Credit
The IRS released a new draft Form 6765, Credit for Increasing Research Activities, for claiming the research credit. -
ArticleTax & AccountingFebruary 15, 2024
2023 Tax returns include a whole new world of green energy tax credits
Taxpayers that are preparing their 2023 returns are encountering a host of new and modified credits related to “green energy.” The Inflation Reduction Act of 2022 added some new credits, and modified others, mostly to make them more generous. -
ArticleTax & AccountingJanuary 03, 2024
Draft Schedules K-2 and K-3 for 2023: The domestic filing exception has been retained
The draft partnership instructions for Schedules K-2 and K-3 (Forms 1065 and 1120S) retain last year’s filing exception for domestic partnerships. -
ArticleTax & AccountingDecember 20, 2023
FASB issues standard on accounting for and disclosure of crypto assets
FASB issues standard to improve the accounting and disclosure of certain crypto assets -
ArticleTax & AccountingOctober 27, 2023
IRS uses new funding to target tax evasion by large partnerships
The IRS announces new compliance efforts focused on large and complex partnerships.
Accounting and audit news
Latest accounting and audit news articles
-
ArticleTax & AccountingDecember 18, 2024
Embracing cloud solutions with ease
Let’s delve into the myth that firms lack resources, time and personnel to integrate and manage new technologies. -
ArticleTax & AccountingDecember 03, 2024
Upgrade your workflow: Today's modern tools for tomorrow's success
Believing long-serving systems are good enough is a myth that leads to missed opportunities and inefficiencies. -
ArticleTax & AccountingNovember 27, 2024
Next-generation audit technology: Advancements, applications and trends
This whitepaper explores the latest advancements in audit technology and their impact on the accounting industry. -
ArticleTax & AccountingNovember 26, 2024
SEC Chair Gensler to depart agency
The SEC announced that SEC Chair, Gary Gensler, will step down from the agency effective at 12:00 p.m. on January 20, 2025. -
ArticleTax & AccountingNovember 26, 2024
FASB issues accounting guidance for induced conversions of convertible debt instruments
An amendment has been issued in the ASU and is effective for annual reporting periods beginning after December 15, 2025, and interim reporting periods within those annual reporting periods -
ArticleTax & AccountingNovember 26, 2024
2024 Year-End Tax Briefing
Read the latest tax briefing recapping the year's tax policy changes -
ArticleTax & AccountingOctober 21, 2024
GASB issues guidance on disclosure of certain capital assets
The Governmental Accounting Standards Board (GASB) issued guidance today that establishes requirements for certain types of capital assets to be disclosed separately for purposes of note disclosures. -
ArticleTax & AccountingOctober 15, 2024
Commenting on legislation will get your voice heard
If a tax professional is concerned about pending legislation or wants action on a specific issue, he or she should absolutely take the time to comment to the relevant committees.
All tax and accounting articles
Latest tax and accounting articles
-
ArticleTax & AccountingUpdated February 26, 2025
Transforming audits: Leveraging technology to enhance efficiency and value
Firms that leverage advanced technologies can produce audits that are higher quality more efficient, and cost-effective, utilizing an integrated cloud workflow embracing AICPA’s risk-based audit standards and automating for greater efficiency. -
ArticleTax & AccountingFebruary 24, 2025
Essential tools for a successful end to tax season
The final stretch of tax season, often referred to as the “last mile,” can be challenging, but with the right tools, firms can finish strong. -
ArticleTax & AccountingUpdated February 24, 2025
BOI reporting is mandatory, FinCEN announces March 21 deadline for most companies
A flurry of recent court activity surrounding the CTA and FinCEN's announcements about BOI reporting has left many uncertain -
ArticleTax & AccountingFebruary 18, 2025
How to streamline tax return printing and collating
By streamlining the printing and collating process, the CCH Axcess Tax Batch Print Set Utility utility helps firms save time and reduce errors. -
Case studyTax & AccountingFebruary 04, 2025
Case study Rödl & Partner enhances efficiency and streamlines complexity with CCH Axcess™ software
The CCH Axcess suite has proven to be an indispensable tool for Rödl & Partner, enabling the firm to manage complex tax scenarios efficiently and effectively. -
Case studyTax & AccountingJanuary 02, 2025
Case study: Achieving operational excellence with CCH® ProSystem fx® Tax and the CCH Axcess™ suite
Presti & Naegele has significantly enhanced its operational efficiency and accuracy by leveraging CCH® ProSystem fx® Tax and CCH Axcess™ solutions. -
ArticleTax & AccountingDecember 18, 2024
Embracing cloud solutions with ease
Let’s delve into the myth that firms lack resources, time and personnel to integrate and manage new technologies. -
ArticleTax & AccountingUpdated December 17, 2024
How small firms can be more competitive by adopting a larger firm mindset
With the help of technology, many smaller firms can achieve a level of productivity and profitability that was formerly out of reach.
