2+ hour, 17+ min ago  (858+ words) CPAs and their clients, dealing with the new 1099-DA digital asset rules for the first time this year, have encountered a rather gross problem leading to increased stress and work. Specifically, brokers this year are only reporting gross proceeds from…...

6+ day, 1+ hour ago  (170+ words) Up in smoke; contingency planning; disaster strikes; and other highlights from our favorite tax bloggers. It's a gut punch Par for the course And then there were eight Auvenir, an accounting and compliance technology provider founded as a Deloitte venture,…...

1+ week, 8+ hour ago  (547+ words) New York City Mayor Zohran Mamdani wants to slash New York state's estate tax exemption threshold by almost 90%, from a more than $7 million limit to $750,000, and raise the top estate tax rate from 16% to 50%." The proposal was included among nearly…...

1+ week, 4+ day ago  (459+ words) California's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history." Targeting the state's wealthiest residents polls favorably, and the most likely challenge to the proposal is not whether voters would pass it…...

1+ week, 4+ day ago  (1229+ words) Chacko and his co'conspirators inserted false business expenses on client returns to reduce tax liability and generate improper refunds. At times, clients did not know that false items were added to their returns." Quincy, Massachusetts: Former Quincy city official Thomas…...

2+ week, 2+ day ago  (939+ words) As New York City Mayor Zohran Mamdani's tax-the-rich plans spark backlash among New York's wealthy, at least one cohort of millionaires is fully supportive of his policies. The members of the "Patriotic Millionaires" group " who include a Disney heiress, an…...

2+ week, 4+ day ago  (285+ words) Overall, institutional investors continue to place strong trust in public company audits as an essential check on the financial statements issued by companies, but auditor independence remains a focus for them, according to a new survey. Institutional investors also said…...

2+ week, 4+ day ago  (315+ words) With opinions so split, it underscores the need for a deeper understanding. To truly get a handle on what a 1:1 ratio of accountants to virtual agents would look like, let's take a deeper dive into how this specific prediction is…...

2+ week, 6+ day ago  (300+ words) The Nevada legislature passed and implemented a regulation creating an additional pathway to CPA licensure, effective as of Feb. 27, 2026. The regulation, presented by the Nevada Board of Accountancy and supported by the Nevada Society of CPAs, creates a third option…...

3+ week, 4+ hour ago  (567+ words) As private equity continues to be more and more involved in accounting, Jennifer Wilson of ConvergenceCoaching looks into what it takes for firms to maintain their independence. It certainly is, but it does require a different strategy than what you…...