Featured News
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Where do most audits occur?
Taxpayers living in low-income, rural communities are more likely to be audited than those living in higher-income areas.
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Preventing elder financial abuse
New rules help financial advisors protect the elderly against financial exploitation.
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Tax preparer due diligence requirements
Paid tax preparers must meet four due diligence requirements when preparing refunds with certain tax benefits.
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Help clients avoid procrastination
Tax preparers can help their clients avoid procrastination by offering useful tools and advice to help them organize their tax information.
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IRS message to PTIN holders
IRS reminds PTIN holders about the importance of employing a data security plan.
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Surviving busy times
CPAs can successfully survive busy season using some practical strategies others can also use.
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SALT refunds explained
The IRS clarifies the tax treatment of state and local tax refunds originating from any year in which the new limit on the SALT deduction is in effect.
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Client reminder
With more taxpayers walking into the Taxpayer Assistance Centers, the IRS wants CPAs to remind clients about the need for appointments.
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GDPR compliance for U.S. businesses
U.S. business owners could face devastating costs for GDPR noncompliance.
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TCJA’s effect on charitable giving
CNBC takes an early look at the new tax law’s impact on charitable contributions.