Debate over the Tax Cuts and Jobs Act; assessing last season; Etsy and sales tax; and other highlights from our favorite tax bloggers.
Category: NYT Accounting News
Excluding capital gains of $10M — or more — from taxes with QSBS
Qualified small business stock carries major potential savings for startup founders and investors, but the benefits come with some important caveats to keep in mind.
Application portal opens for bonus energy credit
The Internal Revenue Service is accepting applications for the Low-Income Communities Bonus Credit Program through June 27.
IRS update: Boosting alternative dispute resolution, and more
The decline in taxpayers taking advantage of the ADR process was a major topic at a recent IRS meeting.
Art of Accounting: Invest time to save time
Sometimes spending a little more time on something will save a lot more time later on or reduce the stress level for those involved with that project.
On the move: Baker Tilly appoints next MP of tax
Plus, Connecticut Society of CPAs installs new board; CohnReznick establishes merger integration and carve-out services practice; and more news from across the profession.
The new CPA exam points to the future for the profession
Accounting needs to evolve in order to face a new reality.
Tech news: AuditBoard acquired for $3 billion
Plus, Xero goes from $113 million loss to $175.9 million profit; and other accounting technology news.
Tax Fraud Blotter: Pure fabrications
Collared; gone deep; to protect and disserve; and other highlights of recent tax cases.
AI tools that find answers, suggest tax strategies and draft emails for you
Available technology solutions could boost professionals’ efficiency in serving their clients — but only if financial advisors and their customers are open to them.