2025 - Page 6 of 8 - Journal of Accountancy

The magazines

May 1, 2025

How CPAs can combat the rising threat of deepfake fraud

Faked, live video and audio of executives can fool employees and cost companies millions, but accountants can take steps to mitigate the risk.

May 1, 2025

Using Excel’s GROUPBY function as a PivotTable alternative

This month’s column introduces Excel’s GROUPBY function as a PivotTable alternative.

May 1, 2025

How to set up and use Microsoft SharePoint

This column demonstrates how to set up and use SharePoint as a cloud file storage and touches on other features.

May 1, 2025

Recruitment fraud: What you need to know

Follow these tips to protect yourself from increasingly sophisticated job scams.

May 1, 2025

Evaluating fraud risks related to revenue recognition

Gain industry-specific and general insights for auditors related to identifying and assessing risks of material misstatement.

May 1, 2025

Line items

Lower auto depreciation limits issued for first time in at least 3 years … AICPA supports Senate discussion draft to help taxpayers, preparers … Final regs. address taxes on gifts to taxpayers from ex-US citizens, residents … Final regs. address resolution of federal tax controversies by Appeals .. IRS testing changes to alternative dispute resolution programs … Prop. regs. address expanded annual compensation deduction limitation

April 16, 2025

Pursuit of happiness: AICPA Chair Carla McCall emphasizes people, positivity

Leaning on her success as a managing partner, McCall has toured the country, sharing her vision for the future of the profession.

April 15, 2025

What NFPs need to know about CECL

Guidance on current expected credit losses applies to some not-for-profit organizations. Find out when and how.

April 1, 2025

Retaining nontraditional accounting students

Discover how a one-day University of Memphis program empowers nontraditional accounting students to stick with their major and embark on accounting careers.

April 1, 2025

Employee ownership and taxes: Why firms are choosing ESOPs

Converting to an employee stock ownership plan offers firms tax benefits and an alternative to private equity.

April 1, 2025

Should I disclose my use of gen AI to clients?

Informing clients about the incorporation of generative AI can enhance transparency and trust, ultimately strengthening the client-accountant relationship.

April 1, 2025

Deduction for theft loss and legal fees denied

The taxpayer failed to substantiate that a theft occurred or, if it did, its tax year of discovery for his investments in an alleged Ponzi scheme.

April 1, 2025

Pickleball club denied tax-exempt status

In a letter ruling, the IRS determined that a recreational community club was not a qualified amateur sports organization.

April 1, 2025

Taxpayer’s frivolous argument is once again denied

The Tax Court imposes a $25,000 frivolous-position penalty for persistent omission of wage and rental income.

April 1, 2025

How to use Excel’s AGGREGATE Function

This month’s column shows how to use the remarkably versatile AGGREGATE function in Excel.

April 1, 2025

What to know when your client is considering employee ownership

Accountants who advise clients interested in employee ownership plans need to be aware of the pros and cons of different models.

April 1, 2025

How accountants can balance technology and critical thinking

Overreliance on technologies such as AI may cause problems, but CPAs can take steps to keep their thinking caps on.

April 1, 2025

Line items

Prop. regs. address expanded annual compensation deduction limitation … Prop. regs. issued for spinoff transactions and their reporting … Regs. identify microcaptive transactions as reportable transactions … IRS proposes new rules for tax professionals … IRS proposes new rules for tax professionals … IRS issues proposed regs. on catch-up contributions

March 1, 2025