Thomson Reuters

Under the 2017 Tax Cuts and Jobs Act, R&E expenses paid or incurred after 2021 must be capitalized and amortized over five years (15 years if research is performed overseas).

The Internal Revenue Service has been extending tax relief to Americans affected by natural disasters like hurricanes and wildfires, but recent legislation could make it easier to qualify for federal tax relief.

We need more women and people of color in the accounting industry. So, are we doing enough to make that happen?

Accountants of color and women took on increased workloads at firms during the COVID-19 pandemic, but didn’t necessarily see their careers advance, according to a new study.

Most firms pivoted to giving valuable advice during the pandemic, but only some of them got paid for it.

The booming market for nonfungible tokens is showing no signs of slowing down as investors pour money into digital collectibles, but the tax rules surrounding NFTs are anything but clear.

Separately, Armanino recently achieved certification as a B Corporation

Thomson Reuters announces Synergy conference award winners; CohnReznick publishes Opportunity Zone guide; and more CPA news.

Accountants and tax pros have been crucial to helping small businesses get through COVID-19 so far, said Thomson Reuters' Charlotte Rushton.

The partnership will introduce the Practice Forward Tax Advisory Platform to California practitioners.

As firms begin preparing for the busy season, what have we learned about hiring, training and working in a pandemic, and how can we prepare for the new normal?

Attendees will have the opportunity to earn up to 36 CPE credits throughout the week, double the amount typically available at Synergy in past years.

As the country looks to make its choice between two decidedly different candidates, tax preparers are watching the race play itself out from a unique vantage point.

Accountants and tax professionals have been helping their small business clients deal with the economic fallout from the COVID-19 pandemic, shifting away from their routine compliance work after the end of the prolonged tax season.

Under the proposed regulations, amounts paid for DPC arrangements and HCSMs are treated as deductible medical expenses.

Wolters Kluwer Tax & Accounting and Thomson Reuters Checkpoint have released their predictions for the expected annual inflation adjustments from the Internal Revenue Service for various tax-related items.

The living room is the new conference room, and it could lead us down a sticky path when it comes to taxes.

In the midst of a global pandemic, the gravitational pull toward digital transactions has been amplified.

In the wake of a global pandemic, everything is being re-thought.

The multi-year, international collaboration will include a series of events focused on bettering the future of the accounting, tax and audit industries.