The Latest

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire.

The mood in markets and the financial situation are starkly different from 2017, when Trump and congressional Republicans passed a deficit-expanding tax cut.

Plus, Corecentric enhances its International Tax Management Engine; and other accounting tech news and updates.

Not so Fussy; that's a wrap; at sea, in the air and on the road; and other highlights of recent tax cases.

Ohio-based Top 100 Firm GBQ Partners has expanded its presence in Cincinnati by acquiring Wirth Lowe Wissemeier CPAs.

The Public Company Accounting Oversight Board released a staff publication highlighting problems it's seeing with audits of journal entries.

Sen. Tommy Tuberville and Rep. Warren Davidson reintroduced legislation to repeal the Corporate Transparency Act and its beneficial ownership information reporting.

The emotionally and financially taxing process of a separation demands careful planning, multifaceted form-filing to the IRS and, probably, an advisor for each spouse.

The Institute of Internal Auditors announced that its Global Internal Audit Standards officially became effective on Jan. 9.

Treasury Secretary nominee Scott Bessent warned of an economic crisis that will hammer middle- and working-class people if the 2017 tax cuts aren't extended.