Major changes to estate and gift taxes are periodically a topic of discussion in Congress and the popular press. The Tax Cuts ...

FASB News Proposal to Clarify 34 Narrow Accounting Issues In a move aimed at bringing greater accuracy to financial reporting ...

IRS determined that a worthless stock loss did not occur within a disaster area and was, therefore, not deductible. The ...

FASB News GAAP Codification Improvements to be Deliberated FASB is set to convene on September 18 to deliberate on ...

Many CPAs and most tax specialists perform personal financial planning (PFP) services; the AICPA estimates that more than 100,000 of its members perform some form… The CPA Journal is a publication of ...

In order to meet legislative rules that would have required some bipartisan support, the Republicans have passed historic and comprehensive tax reform legislation that is… ...

Predictions for 2024 By Yael Parkoff Here are my predictions for 2024: CPA firms will need to put greater emphasis on staff retention. As the world… ...

The current technological transformation in accounting and taxation shows that “companies have a large appetite for increasing complex analytics, even when they cannot adequately perform… The CPA ...

In Brief Not-for-profit organizations receive financial donations as a matter of course, but the accounting for that revenue depends on whether the transaction is classified… ...