Now is the time to talk with high-net-worth clients about using the temporarily doubled estate and gift tax exclusion before its sunset in 2026, Bob Keebler, CPA/PFS, stressed in a webcast.

Our panel posits that artificial intelligence isn’t the only technology trend making waves in accounting firms and finance ...

Now that tax season is over, many CPA firms can take a breath and give their staff a well-deserved break. But this time of ...

Although the IRS says it has made great strides in customer service to taxpayers over the past year, "We have a lot more work to do," Commissioner Danny Werfel said Thursday. That work includes ...

The IRS on Tuesday provided a comprehensive list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13 apply. The list includes 21 changes described as ...

The IRS set out rules and definitions for the transfer of various clean energy tax credits in final regulations (T.D. 9993) issued Thursday under Sec. 6418. The final regulations include specific ...

The final regulations, which the IRS issued Friday, also provide rules regarding the critical mineral and battery component requirements for the new clean vehicle credit, and they add a new test for ...

Danielle Supkis Cheek, CPA, vice president and head of Analytics & AI for Caseware, had an interesting way to continue her exploration of the ethics of using AI tools in accounting: She asked ChatGPT ...

Unmarried, cohabiting couples experience the same joys and challenges as married couples but without marriage’s legal entanglement. The lack of legal standing, however, means estate planning requires ...

The IRS, in its release of the draft of the Form 1099-DA for brokers to report digital asset transactions, includes the broad definition of "broker" used in proposed regulations that drew industry ire ...

Despite a moratorium since September on processing new claims for the pandemic-era employee retention credit (ERC), the IRS still averages 20,000 new applications weekly, Commissioner Danny Werfel ...