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The $40,000 SALT limit will phase out for annual incomes greater than $500,000, and the income phaseout threshold would grow 1% a year over a decade.
May 21 -
Conservative hardliners threatened to block Republicans' massive tax and spending package, jeopardizing passage of President Trump's economic legislation.
May 21 -
The fastest-growing accounting firms spend twice as much on their marketing budget than all other firms, an AAM study finds.
May 21 -
IT auditors who know a lot about AI can now show it through a new certification, as the ISACA now offers an AAIA, or "Advanced in AI Audit," credential.
May 21 -
The latest data on new SEC audit client engagements for 2024 and the number of accounting-related securities class actions.
May 21 -
Lack of awareness, fear of mistakes and penalties, and the cost of filing are preventing many families from claiming millions of dollars in tax credits.
May 20 -
The Senate Finance Committee questioned Trump's nominee about his plans for the beleaguered agency and promotion of dubious tax credits.
May 20 -
Minnesota approved a bill on Monday night to create additional pathways to CPA licensure, and it awaits the signature of Gov. Tim Walz.
May 20 -
No more paper checks; death and tax debt; the perfect time to onboard software; and other highlights from our favorite tax bloggers.
May 20 -
Compliance professionals at Grant Thornton will be making use of the improved CompliAI platform, infused with generative AI to enhance service delivery.
May 20