News

The IRS lost 11% of its staff in the first three months of 2025, with revenue agents who conduct audits accounting for the ...
Expert panelists who will appear at AICPA & CIMA ENGAGE 25, June 9–12 in Las Vegas and live online, share top app ...
Master’s in accounting applications in the United States hit a five-year high. Interest globally is also rising, according to a survey of nearly 300 business schools.
In a letter to the IRS, the AICPA recommended that the agency provide further guidance in two areas of new instructions for ...
Understanding your personality type can inform your job search, identify your strengths and challenges, and improve your work ...
Getting remarried can raise numerous financial planning issues. Explore the issues CPAs may want to discuss with clients.
FASB published a proposed Accounting Standards Update on debt exchange transactions involving multiple creditors.
Rev. Proc. 2025-19 also includes the revised maximum amount that may be made newly available for excepted-benefit health reimbursement arrangements.
Recruitment fraud has become a real problem across many industries, including the finance sector. Also known as a job scam, recruitment fraud involves criminals posing as legitimate employers, ...
The perceptions held by high school and early college students about accounting are trending in a positive direction, positioning the profession for an opportunity to continue strengthening the talent ...
It wasn’t until after he retired that Richie Retiree, CPA, received an ominous call. A former client had undergone an IRS audit, and the auditor disagreed with positions taken on the return, assessing ...
Sec. 121 provides a significant tax benefit by allowing taxpayers to exclude from gross income, within limits, gain from the sale of their principal residence (the home sale gain exclusion). With the ...