Accounting
IRS funding and preparer oversight are top issues for IRS Advisory Council
This year's report of the IRS Advisory Council includes recommendations on 37 issues covering a broad range of topics, among...
Trump plots out tax policy 2.0
With the contentious 2024 elections behind us, we can finally focus on President-elect Donald Trump's agenda for the economy, taxes...
PCAOB offers guidance on quality control standard
The Public Company Accounting Oversight Board introduced two pieces of guidance to help auditing firms apply its new quality control...
In the blogs: You will survive
Saving Social Security; sued over an address; more 5471 opinions; and other highlights from our favorite tax bloggers.You will surviveU...
IRS phases in Form 1099-K threshold at $2,500 in 2025
The Internal Revenue Service extended its transition relief Tuesday for the new Form 1099-K information reporting threshold, setting it at...
FASB releases standard on induced conversions of convertible debt instruments
The Financial Accounting Standards Board issued an accounting standards update Tuesday aimed at improving the existing guidance on induced conversions...
The SST’s voluntary sales tax disclosure program: A potential boon for states and retailers
One area of fallout from the Supreme Court 2018 Wayfair decision has been the changes in nexus rules imposed by...
Gen AI will upgrade you not replace you: KPMG
As the AI revolution continues apace, data has confirmed that generative AI is making some workers more productive and some...
IRS plans National Tax Security Awareness Week ahead of holiday season
The Internal Revenue Service and its partners in the public and private sectors are planning to highlight the importance of...
IRS extends research and development tax credit transition period
The Internal Revenue Service is extending the transition period for revising claims for the research and development tax credit, which...
BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!
