Bonus depreciation has changed tremendously over the past few years as companies use it to focus on revitalizing and rehabbing their companies and properties.

Weaver restructures and expands tax practices; RKL and LM Cohen open new offices; and more news from CPA offices across the country.

CFOs are feeling good about the economy overall, according to a new survey by Deloitte, although they expressed concerns about trade policy and geopolitics.

Yet more great reads for the profession from the experts at ConvergenceCoaching.

The Internal Revenue Service has been leading the charge on investigations of Bitcoin users, with more on the way now that it has access to information from at least 14,000 customers of Coinbase.

The movement by major, established financial institutions could serve as a great way for accounting and audit professionals to get their feet wet on the technology.

Charles Rettig, a tax lawyer who is Donald Trump’s pick to lead the IRS, told lawmakers Thursday he’d never represented a client who has been under a continuous agency audit for a decade, as is the case with the president, and that he doesn’t know any details of the review.

The service has set a five-year strategic plan and goals

Eight ways accountants can start embracing the future right now.

The House Ways and Means chairman hopes to begin circulating draft legislation this summer, but only among his Republican colleagues. He envisions tax reform 2.0 as a package of three or four bills, instead of a single piece of legislation like the Tax Cuts and Jobs Act that Congress passed last December.