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In the world of debits and credits, there’s one account that often runs perpetually overdrawn: your time. As an accountant, you’ve mastered balancing books, but how...
Enjoy complimentary access to top ideas and insights — selected by our editors. The Internal Revenue Service introduced changes for 401(k) and IRA plans for 2025....
This year’s report of the IRS Advisory Council includes recommendations on 37 issues covering a broad range of topics, among the most important of which are...
With the contentious 2024 elections behind us, we can finally focus on President-elect Trump’s agenda for the economy, taxes and jobs. With Republicans flipping the Senate...
Saving Social Security; sued over an address; more 5471 opinions; and other highlights from our favorite tax bloggers. You will survive U of I Tax School...
The Public Company Accounting Oversight Board introduced two pieces of guidance to help auditing firms apply its new quality control standard. The Securities and Exchange Commission...
The Internal Revenue Service extended its transition relief Tuesday for the new Form 1099-K information reporting threshold, setting it at $5,000 for 2024 and $2,500 in...
Platform Advisors, the professional services arm of Platform Accounting Group, said Tuesday that Finance à la Carte, a boutique accounting firm specializing in the restaurant industry,...
Tesla Inc.’s electric vehicles would be shut out from consumer rebates under a proposal by California Governor Gavin Newsom, pitting the prospective Democratic presidential hopeful against...
The Financial Accounting Standards Board issued an accounting standards update Tuesday aimed at improving the existing guidance on induced conversions of convertible debt instruments. The ASU...
