The Internal Revenue Service clarified the treatment of money paid for energy-efficient property and improvements in Announcement 2024-19.
Category: NYT Accounting News
Some Taxpayer Centers to stay open this Saturday
More than 70 of the Internal Revenue Service’s assistance centers will be open for walk-ins from 9 a.m. to 4 p.m.
SEC pauses climate disclosure rule
The Securities and Exchange Commission has temporarily stayed its climate-related disclosure rule amid a rash of lawsuits.
IRS changes how tax pros receive transcripts
The Internal Revenue Service is making some changes in the way it sends tax transcripts for clients to tax professionals to beef up security.
IRS sees steady growth in Direct File free tax program
The Treasury reported increasing usage of the free tax-filing system that they’ve been pilot testing in a dozen states this tax season.
Study: Income taxes drive out the wealthy
A new analysis of 110 years of state-level tax policies shows a migration of wealthy Americans to low-tax jurisdictions.
Mid-tier firms grow share of audits
Ideagen Audit Analytics’ report shows mid-tier auditors taking market share from smaller firms.
Inside the Top 100 Firms for 2024
A look at the numbers behind the biggest firms in accounting this year.
Supreme Court case tests how life insurance affects estate-tax valuations
The high court heard arguments in a case about a commonly used succession planning tool for closely held businesses that may affect advisors’ clients.
Crowe adds economic research firm
The Top 100 Firm has merged in ITR Economics to boost its advisory capabilities.