Tax

Most accountants have just completed their tax season for last year's returns and are probably not thinking about their next tax season. But they should.

The IRS is reminding tax pros to register for or renew their professional ID number by Dec. 31.

Plus, TaxPlanIQ announces virtual summit; IRS announces availability of 18 online seminars; and other accounting tech news.

So far, around 150 federal disaster declarations have already been announced for 2024, involving 44 states, two territories, and half a dozen Native American tribes or bands.

Starting in January, cryptocurrency will need to be reported to the IRS on an account-by-account basis versus the "universal wallet" approach most had been using.

Unaltered behavior; playing chicken; out on a rail; and other highlights of recent tax cases.

With the November election mere weeks away, there is still time for tax pros to ponder the strategies available to meet the proposals of each candidate.

The Supreme Court decision in Loper Bright has broad implications for the tax regulations written and administered by the Treasury and the IRS as well as the agencies tasked with the regulation of the alternatives industry.

The IRS is warning taxpayers about the red flags that a 'charity' seeking donations may not be on the up and up.

The CFP Board, the FPA, FSI, NAPFA and the IAA called jointly for the restoration of incentives for financial planning as part of the looming TCJA debate.