The Latest

The California Small Business Relief Act established the tax credit, largely in reaction to the $10,000 limit on the state and local tax deduction under the Tax Cuts and Jobs Act.

The Tennessee Society of CPAs awarded $285,000 in scholarships to 111 students through the of TSCPA Educational & Memorial Foundation.

Alexandru Bittner v. United States is about some of the tax and compliance rules the U.S. slaps on its own expatriates.

Forensic investigators from PwC confirmed that 6.5 billion euros ($6.5 billion) in fictitious or irregular income had been recorded at Steinhoff between 2009 and 2016, making it South Africa's largest known fraud.

The Tennessee Society of CPAs awards $285,000 in scholarships; Grant Thornton promotes largest class of partners, principals and managing directors; and more CPA news.

The billions in student loan debt forgiveness announced by the Biden Administration will be exempt from federal taxation but could be taxable at the state level in more than a dozen states — a hiccup many states are expected to quickly handle.

American officials would be able to review audit documents of Chinese businesses that trade in the U.S., a first step toward avoiding the delisting of about 200 firms from New York.

Accountants, yes — but is the firm structure still the optimal one for the profession?

Plus Sovos acquired TOC Biometrics; Avalara and Xero are cooperating on an automated sales tax solution; and other news and updates from the world of accounting technology.

Turn Two-timer; framed; the 30% solution; and other highlights of recent tax cases.