Many tax attributes vanish at the end of life, and clients are well-advised to include them in their final arrangements.
Prevent Windows 10 from spying on you
Windows 10 can not only record your every keystroke, but it can also record your voice as you talk.
What auditors of brokers and dealers need to know about audit planning
A CAQ alert discusses challenging areas.
New IASB standard aims for consistent reporting for insurers
IFRS 17 creates a single approach for insurance contracts accounting.
FASB considers changes to GAAP taxonomy
The board issued an invitation to comment.
FinREC seeks comment on telecommunications revenue recognition issue
The committee is updating an industry-specific guide.
IRS signals non acquiescence in 3 cases
The Service says courts erred in decisions on the placed-in-service date of a retail store, the use of the completed-contract method, and an S corporation’s payment of an employee’s personal expenses.
GASB issues rules for accounting for certain debt extinguishment
Statement No. 86 applies in certain situations involving an irrevocable trust.
FASB issues new rules for service concession arrangements
he standard clarifies accounting for operating entities serving public-sector grantors.
What all CPAs should know about elder planning
By providing basic knowledge, CPAs can better serve older clients and their families.
Trump executive orders to be reflected in Priority Guidance Plan
The orders include one directing Treasury to target recent burdensome, complex, or overreaching IRS regulations.
Windows, Bing, and Google Maps: How to suggest location corrections for incorrect maps online
Most mapping tools provide a link for submitting suggested corrections.
Michael Brand, CPA, CGMA
To implement rapid changes in accounting standards, CPAs can focus first on their areas of specialty, according to Michael Brand, CPA, CGMA, a partner at Johnson, Feigley, Newton & Brand LLP.
Attorneys are not limited partners
PLLC member-managers are held to not be entitled to a self-employment income exclusion of distributive shares.
CAQ, investor groups rally to preserve SOX provision
A bill in Congress would raise revenue thresholds, exempting more issuers from internal control assessment requirements.
Real talk about artificial intelligence and blockchain
In the second part of the JofA’s annual technology roundtable, the panelists debate how artificial intelligence, blockchain, and other technologies might reshape accounting.
AICPA issues TQAs on internal control
Questions about AU-C Section 315 are addressed.
Mobile devices: Waterproof your phone
J. Carlton Collins, CPA, discusses several options for waterproof cellphone dry bags.
Driver’s licenses pose new data security risks
Tax practice clients’ personal information requiring protection now often includes driver’s license numbers.
Loan guarantees do not increase S corporation shareholder’s basis
The guarantees lacked any economic outlay, the Tax Court holds.
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SPONSORED REPORT
Preparing clients for new provisions next tax season
As the 2025 filing season approaches, H.R. 1 introduces significant tax reforms that CPAs must be prepared to navigate. These legislative changes represent some of the most comprehensive tax updates in recent years, affecting both individual and corporate taxpayers. This report provides in-depth analysis and guidance on H.R. 1.