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The 7217 is designed to report the basis of all distribution of property that a partner receives from a partnership in a non-liquidating or liquidating distribution.

In Notice 2024-72, the IRS adding to the relief granted last year.

Accounting firms could greatly benefit from adopting some of the strategies and mindsets these technology companies are using to thrive.

The latest data on where accountants are focusing their technology investments, what Gen Z values most in a future employer and other key metrics.

Saying 'yes' too much; M&A mania; partners' income spread; and other highlights from our favorite tax bloggers.

The private equity-backed platform is adding Pasadena, California-based Lucas Horsfall.

On the same day the AICPA sent a letter asking for immediate tax relief, the IRS announced widespread relief for the hurricane's victims.

The PE-backed accounting business has completed the acquisition of tax prep, planning, advisory and accounting firm Wiener and Garg in Rockville, Maryland.

Aiwyn announced the release of PracticeOS, a vendor agnostic practice management platform specifically for accounting firms.