Articles

IRS encounters Form 1065 processing glitches
The Internal Revenue Service has posted new information about how to handle possible processing errors when electronically filing Form 1065, "Return of Partnership Income," and
Read more
$1B in 2020 tax refunds remains unclaimed
The Internal Revenue Service said Monday that over $1 billion in unclaimed tax refunds for 2020 is awaiting nearly 940,000 individuals, but time is running
Read more
IRS warns of money mule networks
The Internal Revenue Service's Criminal Investigation unit issued a warning Tuesday about the use of "money mule networks," criminals who exploit networks of innocent people
Read more
IRS delays Form 1042 e-file requirement
The Internal Revenue Service issued a notice Tuesday granting an administrative exemption from the electronic filing requirements for Form 1042, Annual Withholding Tax Return for
Read more
How To Help Clients Avoid Tax Scams
Tax-related scams this year are sophisticated, using the latest in graphic reproduction and personal communication tech to trick taxpayers, especially wealthy clients, advisors say. “Everyone
Read more
Complying with the Corporate Transparency Act
By now, CPAs should be aware of the Corporate Transparency Act (CTA), passed in 2021 and effective January 1, 2024. There have been many articles
Read more
Last year’s strong market performance means this year’s required minimum distributions (RMDs) are likely to rise for many retirees. For some, that’s good news. For
Read more
Some public companies are still trying to figure out how to comply with new rules from the US Securities and Exchange Commission requiring speedy disclosure
Read more
9 Trends That Will Shape Work in 2024 and Beyond
Illustration by Pablo Caracol Summary. In 2023, organizations continued to face significant challenges, from inflation to geopolitical turmoil to controversy over DEI and return-to-work policies
Read more
ICYMI | Top Challenges Facing Not-For-Profit CFOs Today
In Brief Chief financial officers of not-for-profit organizations have always faced many challenges, some common to all corporate leaders, some unique to the sector. Today’s
Read more
Sharper IRS scrutiny on high-net-worth taxpayers makes watching for audit triggers critical this filing season, advisors say. From closely held businesses to charitable contributions and
Read more
Heading into 2024, Middle-Income Americans Should Be Taking These Financial Steps
Inflation may be waning going into 2024, but that doesn’t mean all aspects of the economy are on the right track — nor that middle-income
Read more