Featured News
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Enhance your productivity
Various industry experts offer advice to help you accomplish more.
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Top 12 Excel formulas save time
The top 12 Excel formulas—from basic mathematics to complex IF statements—can save you time.
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Renew your PTIN
Preparer tax ID renewal is underway.
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Thinking of a Ph.D. in accounting?
Plan your path to a doctorate in accounting with a systematic guide to help you navigate the application process.
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New tax laws change gamblers’ deductions
The Tax Cuts and Jobs Act (TCJA) stopped the ability of professional gamblers to deduct a net loss from gambling as a trade or business.
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IRS releases Form 1040 draft instructions
The IRS released a draft version of the instructions for Form 1040, “U.S. Individual Income Tax Return,” for individual taxpayer filing for tax year 2018.
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FASB updates lease accounting rules
FASB updated lease accounting rules by issuing minor amendments, targeting 16 changes and proposing reduced costs to make lessor implementation easier.
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Business taxpayers face Oct. 15 deadline
Time is running out for business taxpayers to elect out of the new 100 percent depreciation deduction for 2017.
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Client meals are still deductible
The IRS issued interim guidance that will allow businesses to continue to deduct 50 percent of business-related meals, despite changes set forth by the Tax Cuts and Jobs Act.
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Small to mid-sized businesses: Improve data security
Small and mid-sized businesses are particularly vulnerable to damage from cybercrime. Strengthening information security processes can help prevent cyber risks.