Note: Coffey is CEO–Public Accounting at the Association of International Certified Professional Accountants. The CPA Evolution-aligned version of the CPA Exam, introduced in January 2024, is one of ...

The Fifth Circuit, overruling the Tax Court, held that for purposes of Sec. 1402(a)(13), “limited partner” means a partner in a limited partnership that has limited liability.

LinkedIn provides a multifaceted resource to search, network, and post content — but third-party AI tools should be treated ...

As Baby Boomers transition trillions to their heirs, CPAs face growing estate, gift, and trust liability risks. Learn how ...

Most Americans don’t have adequate emergency savings, according to a survey conducted for National Financial Literacy Month.

Artificial intelligence is taking over more tasks, but accountants can remain indispensable by strengthening qualities ...

This creates an opportunity for accounting and finance professionals to focus on human relationships and shine. “AI is ...

The Tax Court advised a taxpayer that if he filed a second petition, he probably would not have a chance for another review ...

Taxpayers meeting eligibility rules can now use Form 907 to preserve their right to challenge ERC disallowances while the IRS ...

The House Financial Services Committee voted to remove domestic-owned companies from the beneficial ownership information ...

Accountants who advise clients interested in employee ownership plans need to be aware of the pros and cons of different models. Discover how a one-day University of Memphis program empowers ...

Cost management topped CFOs’ list of internal risks in a recent Deloitte survey, and respondents cited automation and ...