Accounting groups push for longer delay to tax deadline
The National Conference of CPA Practitioners is asking the IRS to postpone the tax deadline from May 17 until June 15 and to make it apply to quarterly estimated payments.]]
Tax credits do the dirty work of clean energy
The Investment Tax Credit and the Production Tax Credit can provide value in the corporate climate under President Biden. ]]
Richest 1% hide a fifth of their income from the IRS
More than 20 percent of the wealthiest Americans’ income isn’t being reported to the Internal Revenue Service, according to a new study that calculates U.S. tax evasion is far higher than previously estimated.]]
The Black CPA Centennial: Meet the first Black CPA
The son of a former slave, John W. Cromwell Jr. broke through a major barrier in the accounting profession in 1921.]]
IFRS Foundation sets up working group to converge sustainability standards
The move is aimed at helping pave the way for a potential international standard-setter for ESG accounting.]]