Accounting
IRS won’t penalize big corporations that didn’t pay estimated AMT
The Internal Revenue Service and the Treasury Department are providing penalty relief to billion-dollar corporations that haven't paid estimated taxes...
Crypto scams five times as costly as other cybercrimes says study
Cryptocurrency-centered scams are especially harmful compared to other Internet crimes, with victims losing about five times more money. This is...
All Tesla Model 3 vehicles now eligible for full $7,500 tax credit
All of Tesla Inc.'s Model 3 sedans are now eligible for the full U.S. tax credit under new criteria for...
In the blogs: Nasty ‘assty
The clawback; in acquisitions, like likes like; marketing for preparers; and other highlights from our favorite tax bloggers.Nasty 'asstyInstitute on...
SCOTUS rules in favor of 94-year-old in property tax case
The Supreme Court issued a unanimous ruling in favor of a 94-year old Minnesota woman whose condominium was seized by...
The Leadership Files: Wayne Berson
Before ascending the heights by becoming CEO of the country's fifth largest accounting firm, Wayne Berson did so by flying...
Citrin Cooperman adds FMT Consultants
Citrin Cooperman, a Top 25 Firm in New York, has merged in FMT Consultants, a California-based consulting firm, in the...
PCAOB proposes NOCLAR auditing standard to deter fraud
The Public Company Accounting Oversight Board issued a proposal Tuesday to amend its existing auditing standards to toughen the requirements...
Can you compete with ChatCPA? Here’s how
Well, it's finally happened. In what might be technology's most lifelike moment yet, ChatGPT passed the CPA exam after failing...
IMA’s new chief has major plans for attracting more accountants
Michael DePrisco took over as president and CEO of the Institute of Management Accountants in early April, and he is...
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