The American Institute of CPAs has sent a letter to the Multistate Tax Commission recommending changes in a proposed approach to sourcing of partnership income.
Day: November 26, 2025
AAA urges Ed. Dept. to recognize accounting professional degrees
The American Accounting Association is calling on the Department of Education to reverse course after proposing to remove accounting from its definition of “professional degree” programs.
New book examines profitability analytics
A recently released book explains a framework for improving a company’s profitability.
IRS mulls regulations for tax credits for scholarships
The IRS and the Treasury are asking for comments on regulations they plan to propose for a new tax credit for donating to organizations that give scholarships.
Trump, GOP head into Thanksgiving without Obamacare premium fix
Republicans are divided on whether to extend premium tax credits, loathed by the GOP’s right flank because of the costs and lingering opposition to former President Obama’s legislative achievement.