Category: AICPA News

The bill, which now goes to the Senate, also delays amortization of research or experimental costs and restores tax breaks for companies from 2017’s Tax Cuts and Jobs Act.

A PCAOB spotlight report recommends actions that auditors and firms can take to produce compliant attestation engagements.

Almost 40% of CFOs in a global survey do not completely trust the accuracy of their organization’s financial data, and trust is even lower for finance leaders who are closer to the numbers.

The percentage of U.S. companies requiring employees to work fully in offices has dropped by nearly 25% since the beginning of 2023, with a hybrid model continuing to take hold.

A conversation before marriage about the state of each partner’s finances and their thoughts about money can have long-term benefits for the couple’s financial goals and relationship.

With tax season opened as of Monday, Commissioner Danny Werfel said the IRS will handle any necessary changes if a bill passes after returns are filed.

The sessions, which will be hosted by IRS Criminal investigation special agents at locations nationwide, are aimed at tax professionals who claimed ERCs for clients on previous years’ tax returns.

IRS adds a question about digital assets to forms covering partnerships, corporations, S corporations, and estates and trusts.

The beneficial ownership information rules and the penalties for violating them just went into effect last month. Now the penalties have increased.

With enrollment in accounting programs on the decline, three academic leaders offer suggestions for improvement.