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Day: July 8, 2026

NYT Accounting News

IRS eases filing of protective COVID refund claims by July 10

July 8, 2026
The IRS provided an electronic way to file a protective claim for a possible tax refund related to the COVID-19 pandemic ahead of a July 10 deadline.
NYT Accounting News

IRS rules label CRATs listed transactions

July 8, 2026
Final regulations identify charitable remainder annuity trusts as “listed transactions,” akin to tax shelters that need to be disclosed to avoid penalties.
NYT Accounting News

IRS streamlines penalty relief, replacing First Time Abate

July 8, 2026
A new Automatic Exemption from Penalty process aims to provide relief for taxpayers with a history of usually filing and paying their taxes on time.
NYT Accounting News

Tracking the financial impact of property improvements

July 8, 2026
Judgment about property improvements used to be defined by personal biases and loose, anecdotal evidence. Financial tracking is changing that.
NYT Accounting News

Ascend acquires Kreischer Miller

July 8, 2026
The Top 25 Firm acquired Mid-Atlantic Regional Leader Kreischer Miller in Horsham, Pennsylvania.
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  • Daniel J. Hellmann, CPA
  • Debra S. Pitschman, CPA
  • Gil Davis, CPA/PFS
  • Evan Callahan, CPA
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  • Sarah McPhee, CPA

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