The Trump administration is reportedly making plans to shut down the Internal Revenue Service’s free tax prep system next year.
Day: April 16, 2025
FAF reports on activity at FASB and GASB
The Financial Accounting Foundation released its annual report, offering an overview of its activities in 2024, and at the two standard-setters it oversees.
The basics of S corporations — and the pitfalls for small businesses
The structure has been delivering tax savings to advisory practices and other professional services firms for decades. But experts say sometimes it’s not the best fit.
Accounting class-action lawsuits rose slightly last year
The number of accounting-related securities class-action filings increased slightly in 2024, but were filed against smaller companies, according to a new report.
Managing a multigenerational team begins with understanding
Millennials and Gen Z are increasingly populating the accounting workplace, bringing different expectations, work styles and technological proficiencies.