The IRS on Wednesday issued Notice 2026-49, which contains sample forms and proposed rollover procedures to simplify and standardize rollovers between retirement plans and individual retirement ...

Treasury said a final rule will permanently end beneficial ownership information reporting requirements for U.S. companies and U.S. persons under the Corporate Transparency Act.

For the 500th episode of the Journal of Accountancy podcast, the show went on the road to the Future of Finance Summit. The conversation with the AICPA’s Tom Hood, CPA/CITP, CGMA, executive vice ...

Workers generally may claim the overtime pay deduction only for amounts reported on Form W-2, Wage and Tax Statement, beginning in tax year 2026, according to updated IRS FAQs. The IRS also clarified ...

The proposed regulations, which the IRS said would affect millions of children, families, and employers, also address self-employed owners, Sec. 125 cafeteria-plan contributions, and employer matching ...

The IRS published final regulations (T.D. 10053) that reflect changes to the Sec. 3406 backup withholding threshold made by H.R. 1, P.L. 119-21, commonly referred to as OBBBA. The final regulations ...

Last week, the AICPA’s Professional Ethics Executive Committee (PEEC) discussed revised changes to guidance in the AICPA Code of Professional Conduct related to firm independence and alternative ...

Nicole Davis, CPA, built a Tax Return Pizza Tracker and then got a trademark for it. Now she has big plans for a companion app that would touch nearly every task in a tax firm.

A divorced spouse may qualify for benefits based on their ex’s work record. A surviving spouse may qualify before age 62. And some families may be eligible for benefits related to their children.

The guidance explains how employers can claim the expanded credit for paid family and medical leave beginning in 2026 using a ...

Founder & CEO, AccordanceAccordance was founded by AI researchers-turned students-of-practitioners who dedicated their first ...