Accounting
House Speaker Johnson must choose business or politics in $78B bill
House Speaker Mike Johnson is hesitating to schedule a vote on a $78 billion tax deal as he weighs opposition...
Tax Strategy: Struggling to make the Clean Vehicle Credit work
The Inflation Reduction Act combined two somewhat competing concepts in changes to the Clean Vehicle Credit. First, it wanted to...
Are accounting firm leaders born or made?
The accounting profession has faced many changes in the last several years that all point to a need for strong...
IRS previews free Direct File tax program
The Internal Revenue Service showed off its upcoming Direct File free tax preparation service Thursday ahead of its pilot test...
TIGTA says IRS could not locate cloud computing contracts
The Treasury Inspector General for Tax Administration criticized how the IRS oversees its cloud infrastructure, particularly where it concerns vendor...
Tax Fraud Blotter: “Rice” and shine
GUILTY4EVER; lack of security; just trust me; and other highlights of recent tax cases.Orlando, Florida: Six Florida individuals have been...
GRI issues biodiversity standard | Accounting Today
The Global Reporting Initiative published a major update Thursday to its biodiversity standard for organizations to disclose their most significant...
IRS offers relief on Maryland college savings rollovers
The Internal Revenue Service and the Treasury Department issued a notice Thursday to provide relief to parents who got snagged...
Unlock opportunities for tax incentives in opportunity zones
Congress initiated the opportunity zones program in 2017 as part of its Tax Cuts and Jobs Act, a historic law...
State sales tax changes could mean more audits
Businesses are likely to see more sales tax audits in 2024 as a result of changes happening across the states,...
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