News

A federal appeals court temporarily restored President Donald Trump’s power to impose tariffs. The Thursday ruling followed a ...
An annual survey of AICPA members about IRS service showed the majority of respondents are concerned that political ...
Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...
As Gen Zs and Millennials begin to become a bigger majority in the workforce, a new survey provides insights into what ...
In a letter to congressional committee leaders, the AICPA said Congress should strike language from the tax bill that bars ...
The recommendations, sent Tuesday in a letter to Treasury and the IRS, include that the IRS expressly allow taxpayers to rely ...
The AICPA named Grant Thornton partner Rahul Gupta as chairman of FinREC. Gupta succeeds Mark Crowley, a managing partner at ...
CPAs often need to communicate complex ideas to people from different backgrounds, whether they’re clients, colleagues, or executives. However, often these audiences won’t understand numbers as well ...
When you learn how Bill Pirolli became enamored with the idea of being a CPA, it’s easy to understand why he is laser-focused on the pipeline to the profession as he begins his year as chair of the ...
Sec. 121 provides a significant tax benefit by allowing taxpayers to exclude from gross income, within limits, gain from the sale of their principal residence (the home sale gain exclusion). With the ...
The Tax Court held that a taxpayer’s identity theft did not equitably toll the 30-day petition filing deadline under Sec. 6330(d)(1) where the petition was filed four years after a notice of ...