Organization Root Tag

Those 73 and older need to make sure they're taking their required minimum distributions from IRA and other retirement accounts.

The IRS is rolling out a voluntary disclosure program to let businesses pay back Employee Retention Credits they claimed in error.

New guidance from the IRS in Notice 2024-05 provides a safe harbor for certain vehicles.

If finalized by the board, the chapter would represent the completion of the FASB's Conceptual Framework.

Financial advisors and tax professionals serving self-employed and other entrepreneurial clients start with a choice between two methods, then make careful calculations.

The IRS is forming a centralized oversight strategy for digital assets, but implementing it has been frustrated by delays in the regulatory approval process.

The relief will go to roughly 4.7 million taxpayers who weren't sent collection reminder notices during the pandemic.

NASBA and the AICPA have revised their rules for continuing professional education.

The board released a staff report outlining its inspections plans and highlighting key risks.

Too much money; five little letters on how clients might see you; loss-harvesting season; and other highlights from our favorite tax bloggers.

The Big Four firm shared its outlook on generative AI in the coming years, saying accountants should prepare for major changes or else be outcompeted.

Stakeholders have until March 18 to comment on the proposed accounting standards update.

Individual partners and individual shareholders of S corps can now get a business tax account.

The SEC is expected to approve the taxonomies in early 2024.

Clients who have squirreled away their savings in IRAs and other retirement accounts have new tools at the ready amid shifting rules, four experts said.

The White House is taking aim at global money laundering in line with a UN effort, but some sectors of the economy are falling prey to criminal activity.

The Treasury is providing additional guidance on the corporate alternative minimum tax for billion-dollar companies.

The new deduction rates apply to electric and hybrid vehicles, as well.

NATP appoints 2024 board of directors; MaloneBailey launches corporate valuation consulting practice; and more news from across the profession.

Beginning Jan. 1, 2024, tens of millions of small businesses must file beneficial ownership information reports.