The transformative leader, who is retiring on Dec. 31, guided the organization and the profession for nearly three decades.

A taxpayer could not deduct purported business expenses associated with writing and research activities held to be not engaged in for profit under Sec. 183.

The decision reaffirms the relevance of Skidmore v. Swift & Co., which established Skidmore deference as an approach to judicial review of agency interpretations.

The first strategy relies on the miracle of compound interest and works best for clients who have several years or perhaps ...

The delay, the third by the IRS for Form 1099-K reporting for third-party settlement organizations, will treat 2024 and 2025 as transition years.

The successor to Barry Melancon will also take over Jan. 1 as CEO of the Association of International Certified Professional ...

Clients often get confused about how enrollment in Medicare affects their eligibility to contribute to a health savings account and what to do if they erroneously made HSA contributions after their ...

The standard aims to provide guidance missing in GAAP for the reporting of induced conversions related to settlement of convertible debt instruments.

By understanding psychological influences on decision-making, CPAs can work with clients more effectively and improve how ...