Art carries higher rates than most investments, but financial advisors and their clients can tap into trusts, charitable donations, loss harvesting and the stepped-up basis.
Category: NYT Accounting News
Ryan lawsuit halts noncompete rule
A federal court issued a stay against the Federal Trade Commission’s noncompete rule after a lawsuit by tax services firm Ryan and the U.S. Chamber of Commerce.
On the move: MGO names new CIO
New Plante Moran managing partner begins tenure; Withum promotes 20 to partner; and more news from across the profession.
Ask what you can do for your profession
Whether there will be a next generation of accountants is, in many ways, up to all of us.
Estate planning for divorcing couples
When your clients are divorcing, you need to figure out two things: Which one is your client, and who is their attorney?
Practice Profile: A hand up for young accountants
Huselton, Morgan and Maultsby’s Student Leadership Program aims to steer more students into accounting — and prepare them for other decisions down the line.
Tech News: Avalara announces 49 new integrations
Plus, io.finnet launches virtual signer feature for enhanced digital asset operations; Caseware to hold webcast on AI audits; and other accounting tech news.
Tax Fraud Blotter: ‘This is your convict speaking’
Going pro; uneasy easements; for he has sinned; and other highlights of recent tax cases.
IRS warns of clean energy tax credit scam
The Internal Revenue Service issued a warning cautioning taxpayers to beware of a new scam involving the purchase of clean energy tax credits.
IRS offers relief on reporting renewable energy tax credits
The IRS’s Large Business and International Division is providing companies that claim tax credits for renewable energy and electricity projects an expedited way to report them.