Clients eager to use the benefits of health savings accounts must steer clear of all-too-common mistakes that could bring large tax payments or big penalties, according...
Enjoy complimentary access to top ideas and insights — selected by our editors. Most accountants have clients that need advisory services and are not amenable to...
Republican vice presidential candidate JD Vance floated more than doubling the federal Child Tax Credit to $5,000, seeking to reframe a “pro-family” stance that has come...
Accounting practice management software provider Financial Cents announced a new $9 monthly plan for solo practitioners. “Solo practitioners are the backbone of the accounting profession, yet...
The Internal Revenue Service has posted an early draft of the updated Form 1099-DA, the form for brokers to report certain sale and exchange transactions of...
Vice President Kamala Harris said she would seek to end taxes on tipped income for service industry workers — matching a proposal that her 2024 rival...
Individuals and businesses in four states affected by Hurricane Debby — South Carolina, North Carolina, Florida and Georgia — now have until next February to file various...
The Securities and Exchange Commission has proposed joint data standards under the Financial Data Transparency Act of 2022 that would establish standards for financial data submitted...
Everything you need to know about regs, judicial decisions, IRS pronouncements and more from the first half of 2024.
Honkamp, a Regional Leader based in Dubuque, Iowa, merged in the Brems Group, a CPA firm with offices in Cedar Rapids and Coralville, Iowa, effective Aug....