Insights into the IRS’s progress on the Form 1099-DA and forthcoming regs on crypto asset reporting.
Day: May 17, 2024
The unique challenges of auditing REITs
These investment vehicles present obstacles that require a deep understanding of the real estate industry and robust financial expertise.
Two contenders jockey to run Trump’s Treasury
One man, in the eyes of Donald Trump, is a “money machine.” The other is a guy named “Scott.”
Key conservative group advises Trump: More tax cuts, no tariffs
The Club for Growth Foundation says its tax cut plan — and a corresponding push for deregulation — are aimed at bolstering U.S. manufacturing.
Is the profession damaging its own pipeline?
The Illinois CPA Society’s “Re-Decoding the Decline” report shows that time is the top barrier to CPA licensure, not the 150 credit-hour rule.
IRS warns about more tax scams
The IRS said scams involving the fuel tax credit, the sick and family leave credit, and household employment taxes led thousands of taxpayers to file inflated refund claims.