The corporation primarily facilitates referrals among its members, a business activity, the IRS determined.
IRS did not concede taxpayer’s self-employment tax liability
A Social Security Administration letter advising of a reduction of his self-employment earnings record and an IRS refund were not concessions of liability for self-employment tax.
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Higher threshold for Form 1099-K reporting among AICPA priorities … AICPA emphasizes importance of a modern IRS in statement … Phish, smish, and spear phish: IRS releases 2025’s Dirty Dozen
5 advanced ways to use ChatGPT
This column offers 5 ways to take your ChatGPT skills to the next level.
Say bye to PivotTables with Excel’s new PIVOTBY function
This column introduces PIVOTBY, a new Excel function that may let you say bye-bye to PivotTables.
Agentic AI poised to change the way CPAs work
Find out what the next leap in the evolution of artificial intelligence is and how it may affect the way accountants do their job.
How employers can hire the best accounting students
College campuses remain the most fertile ground for finding future accountants. Here are tips for cultivating relationships and landing talent.
Real-life ways accountants are using AI
From mail automation to technical memos to data analysis and marketing, CPAs are transforming their work processes.
Form 1065: Pay attention or pay up
Along with the changes brought about by the Bipartisan Budget Act of 2015, the IRS’s focus on partnership returns appears to be undergoing a renaissance. Understand how the environment is changing and how you can be prepared.
Display that CPA
CPAs should be encouraged to highlight their license in their business dealings. Susan S. Coffey, CPA, CGMA, CEO–Public Accounting at the Association of International Certified Professional Accountants explains why.
6 tips for first-year partners at CPA firms
In this AICPA & CIMA ENGAGE 25 session preview, leadership coaches demystify common struggles and discuss strategies that new partners can use to thrive in their new position.
New AICPA chair eager to seek solutions
Lexy Kessler is passionate about listening and applying her 40 years of professional experience to be an ambassador for the accounting profession.
Are you aware of this May 30, 2025, filing deadline?
If you have a client that owns at least 10% of a foreign enterprise, they must file forms for the BE-10 survey.
Working smarter: 3 apps for CPAs
Expert panelists who will appear at AICPA & CIMA ENGAGE 25, June 9–12 in Las Vegas and live online, share top app recommendations across three main categories: productivity, training, and communication.
How Myers-Briggs test helped CPA find the right job
Understanding your personality type can inform your job search, identify your strengths and challenges, and improve your work relationships. Find out how diving into the nuances of personality helped one CPA thrive in her career and how you can do the same.
The home sale gain exclusion in today’s market
With the recent surge in home prices, it’s time for advisers to brush up on this valuable tax exclusion.
Changes at the firm? What to do with working papers
In the event of a malpractice claim or a regulatory inquiry, you may need to produce working papers to support your defense.
Tax Court petition deadline not tolled by identity theft claim
Equitable tolling did not apply in the taxpayers’ case because they failed to establish that the identity theft had prevented them from timely filing their Tax Court petition.
Temporary relief for adequate identification of digital assets
During 2025, taxpayers may use certain alternative methods to make an adequate identification of digital assets held in the custody of a broker that are sold, disposed of, or transferred.
TIGTA recommends improvements for service to underserved, underrepresented, and rural communities
In a report released last June, the Treasury Inspector General for Tax Administration addressed how the IRS could improve its outreach to underserved communities.
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How to find the right CAS clients
The key to success with CAS is selecting the best clients. Tools like ideal client profiles (ICPs), buyer personas, and even artificial intelligence can help identify the businesses that best fit each CAS practice.
