Federal and state tax news
Latest federal and state tax news articles
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ArticleTax & AccountingApril 23, 2025
2025 post-filing season update
The 2025 tax filing season passed without much fanfare. Congress took no significant direct action, although the foundation has been laid for tax legislation to be moved before the end of the year. -
ArticleTax & AccountingMarch 28, 2025
Tax returns include a whole new world of green energy tax credits
Taxpayers that are preparing their 2023 returns are encountering a host of new and modified credits related to “green energy.” The Inflation Reduction Act of 2022 added some new credits, and modified others, mostly to make them more generous. -
ArticleTax & AccountingMarch 27, 2025
IRS offers settlement letters to some in syndicated conservation easement tax shelters
In a significant development for tax pros and taxpayers, the IRS announced a time-limited settlement offer targeting certain taxpayers involved in Syndicated Conservation Easement (SCE) transactions. -
ArticleTax & AccountingMarch 14, 2025
IRS issues tax time guide 2025 to ease tax season challenges
IRS releases 2025 Tax Time Guide with key updates, deadlines, and resources to simplify tax filing for pros and taxpayers. -
ArticleTax & AccountingJanuary 14, 2025
2024 tax year-in-review
For the second year in a row, Congress produced no significant tax-related legislation; read more to understand the impact of what 2024 tax legislation was accomplished. -
ArticleTax & AccountingNovember 26, 2024
SEC Chair Gensler to depart agency
The SEC announced that SEC Chair, Gary Gensler, will step down from the agency effective at 12:00 p.m. on January 20, 2025. -
ArticleTax & AccountingNovember 26, 2024
2024 Year-End Tax Briefing
Read the latest tax briefing recapping the year's tax policy changes -
ArticleTax & AccountingOctober 15, 2024
Commenting on legislation will get your voice heard
If a tax professional is concerned about pending legislation or wants action on a specific issue, he or she should absolutely take the time to comment to the relevant committees.
Accounting and audit news
Latest accounting and audit news articles
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ArticleTax & AccountingApril 23, 2025
2025 post-filing season update
The 2025 tax filing season passed without much fanfare. Congress took no significant direct action, although the foundation has been laid for tax legislation to be moved before the end of the year. -
ArticleTax & AccountingApril 11, 2025
Demystifying large language models
As AI continues to evolve, staying informed about these technologies will be crucial for maximizing their potential. -
ArticleTax & AccountingApril 11, 2025
Mastering prompt writing for large language models
By understanding how LLMs and RAG models work and crafting well-thought-out prompts, you can significantly improve the quality of the answers you receive from generative AI tools. -
ArticleTax & AccountingFebruary 27, 2025
Transforming audit quality and efficiency: A firm's journey with CCH Axcess
CCH Axcess Audit can be transformational in achieving goals, and features in the next release enhance capabilities further. -
ArticleTax & AccountingJanuary 10, 2025
Revealing the truth: Cloud security in the modern era
Let's explore the myth that cloud solutions are not secure and uncover the reality of the robust security measures that cloud-based solutions offer. -
ArticleTax & AccountingJanuary 03, 2025
Why cloud technology is more reliable than you think
One prevalent myth is that cloud technology is not reliable. This article explores that myth and the reality behind it. -
ArticleTax & AccountingDecember 26, 2024
Unveiling the true cost benefits of cloud solutions
Let us delve into the misconception that cloud solutions are too expensive and uncover the reality behind the costs and benefits of cloud computing. -
ArticleTax & AccountingDecember 18, 2024
Embracing cloud solutions with ease
Let’s delve into the myth that firms lack resources, time and personnel to integrate and manage new technologies.
All tax and accounting articles
Latest tax and accounting articles
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ArticleTax & AccountingApril 23, 2025
2025 post-filing season update
The 2025 tax filing season passed without much fanfare. Congress took no significant direct action, although the foundation has been laid for tax legislation to be moved before the end of the year. -
ArticleTax & AccountingUpdated April 22, 2025
What is a Service Bureau?
In the tax preparation business, the term Service Bureau is often misunderstood. In this article readers will gain clarity on the subject. -
ArticleTax & AccountingApril 15, 2025
The cost of uncertainty: Understanding the proper implementation of AI research in tax & accounting firms
In today’s fast-moving tax and accounting landscape, generic answers just don’t cut it. AI tools are everywhere, but not all of them are built for the level of certainty professionals require. -
ArticleTax & AccountingApril 11, 2025
Demystifying large language models
As AI continues to evolve, staying informed about these technologies will be crucial for maximizing their potential. -
ArticleTax & AccountingApril 11, 2025
Mastering prompt writing for large language models
By understanding how LLMs and RAG models work and crafting well-thought-out prompts, you can significantly improve the quality of the answers you receive from generative AI tools. -
ArticleTax & AccountingApril 04, 2025
How audit firms can take advantage of reimagined efficiencies through automated bank confirmations
Audit bank confirmations are a part of every audit, and auditors have had few choices in processing confirmations. This is changing with new modern technology, bringing reimagined efficiencies. -
ArticleTax & AccountingApril 03, 2025
The future of group audits: Embracing technology and adapting to change
Explore how technology is revolutionizing group audits, enhancing efficiency, improving accuracy, and providing deeper insights into the financial health of complex organizations. -
ArticleTax & AccountingMarch 28, 2025
Tax returns include a whole new world of green energy tax credits
Taxpayers that are preparing their 2023 returns are encountering a host of new and modified credits related to “green energy.” The Inflation Reduction Act of 2022 added some new credits, and modified others, mostly to make them more generous.
