Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Mergers and Acquisitions January 2, 2025
Thomson Reuters Acquires SafeSend in $600 Million Deal
"Becoming a part of Thomson Reuters will enable us to accelerate product development efforts and realize our shared vision of an end-to-end tax workflow solution," said Steve Dusablon, who founded SafeSend with Andrew Hatfield in 2008.
Taxes January 2, 2025
Nine States Cut Individual Income Taxes on Jan. 1
Seven of the states that are lowering their individual income taxes in 2025 have legislatures that are controlled by Republicans, as well as Republican governors.
Accounting January 14, 2025
Archived Webcast – Amended Returns in Drake Software
This webinar is designed for accountants using QuickBooks, Xero, or similar accounting software. Learn how Avalara integrates seamlessly with your existing tech stack, saving time, reducing costly errors, and hear firsthand from a firm that has supported clients through their tax compliance journey. Plus, earn CPE credit!
Income Tax December 31, 2024
2025 Tax Refund Dates – Where’s My Refund, And When Will I Get It?
Depending on when taxpayers file their returns, they can often receive their federal tax refund payment (check or direct deposit) within 10-21 days.
Taxes December 31, 2024
Harnessing Data for Better Tax Projections
Accurate projections aren’t just about staying compliant with the law. They’re about giving clients the confidence to make smarter decisions.
Taxes December 26, 2024
Top Year-End Tax Planning Strategies
With a thorough understanding of their unique circumstances and the latest tax regulations, you can transform complex tax challenges into clear, actionable solutions—setting the stage for your clients’ financial success in 2025 and beyond.
Taxes December 26, 2024
7 Tips to Prepare for Next Year’s Taxes Now
As the end of the year approaches, now’s the time to start preparing for filing your 2024 tax return in 2025. Here are tips and strategies to prepare now for the 2025 tax-filing deadline.
Accounting December 24, 2024
State CPA Society News and Updates – Dec. 2024
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Taxes December 23, 2024
IRS Asks for Feedback on Draft Instructions for R&D Tax Credit Form 6765
The IRS on Dec. 20 released the draft Instructions for Form 6765, Credit for Increasing Research Activities, and is seeking feedback on proposed changes to the form, which is used by taxpayers to claim the research and development tax credit.
Taxes December 23, 2024
Tax Professionals Subject to New Requirements Proposed By the IRS
CPAs, enrolled agents, and other practitioners would have to maintain technological competency under proposed regulations issued by the Treasury Department and the IRS on Dec. 20, which would update Circular 230.
Taxes December 22, 2024
IRS to Issue Special Payments to 1 Million Taxpayers
The Internal Revenue Service has announced plans to issue automatic payments later this month to eligible people who did not claim the Recovery Rebate Credit on their 2021 tax returns.
Taxes December 19, 2024
IRS Raises Standard Mileage Rate to 70 Cents Per Mile in 2025
The optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024.