The AICPA and the National Association of State Boards of Accountancy are seeking comments for the next 60 days on an additional CPA pathway and changes to the practice mobility model.

A news release says Treasury won’t enforce fines or penalties against U.S. citizens or domestic reporting companies or their beneficial owners. Treasury will also issue proposed rulemaking to limit ...

Calling member feedback “really important,” Mark Koziel aims to build community within the AICPA and CIMA membership bodies.

Finding that the organization was not operated exclusively for the promotion of social welfare, the Fifth Circuit affirmed the Tax Court’s judgment.

Clients often seek their CPA’s advice on potential investments. Failure to respond properly can leave the CPA subject to lawsuits.

Digital asset rewards from staking and other activities constitute income in the year of receipt, irrespective of whether the account is later frozen, the IRS Chief Counsel’s office determined.

Because they are imposed under Title 31, taxpayers’ foreign bank account reporting failure penalties were not subject to the Code’s procedural requirements, the Tax Court held.

Business standard mileage rate increases for 2025 ... Applicability date set for required minimum distribution regulations ... IRS amends rules for computing the premium tax credit ... IRS expands ...

Q. Is there a way I can visualize my standard operating procedures other than an outline document? A. One of the best ways to visualize processes is with a flowchart. The flowchart app I use is Miro, ...