Top five TCJA tax planning opportunities for businesses in 2018

As we enter into the tax planning stage of the year, the focus shifts to helping clients understand the impact of the Tax Cuts and Jobs Act and optimize their tax positions.


TrueUp student blockchain challenge seeks CPA mentors

CPA firms are encouraged to sign up to participate in the competition as mentors, but will also have the opportunity to learn more about blockchain, AI and bots along the way.


Wall Street embraces Intuit’s New CEO despite investor fears

Intuit Inc. investors may be worried about the departure of longtime Chief Executive Officer Brad Smith, but Wall Street is confident that his successor, Sasan Goodarzi, can maintain the company’s strong growth and culture.


Trump’s business faces prosecutors’ tax scrutiny after Cohen plea

Now that a guilty plea by the president’s ex-lawyer has implicated the Trump Organization, federal, state and local prosecutors are circling.


New York taxpayers have four-day window to try to beat SALT cap

The IRS is blocking the charitable workarounds high-tax states like New York approved in response to the tax law’s $10,000 limit.


Firms on the move: Warren Averett sponsors team trip to Rwanda

ICPAS honors 75th anniversary of first African-American woman CPA; BKD launches new website; and more news from CPA offices across the country.


IRS offers guidance on switching from S corp to C corp status

The Internal Revenue Service issued a revenue procedure Wednesday providing information on how companies can change their method of accounting if they have switched from being an S corporation to a C corporation in response to the Tax Cuts and Jobs Act.


Proposed regs for extra first-year depreciation deduction will have an impact on construction

These proposed regulations affect taxpayers who deduct depreciation for qualified property acquired and placed in service after Sept. 27, 2017.


Consero Global gets $50M investment

In an unusual event for an outsourced financial services firm, Consero earns a significant cash infusion from BV Investment Partners.


Overhauling the tax overhaul: Here’s what Democrats are planning

Republicans thought the historic overhaul that slashed taxes would be one of their main campaign selling points ahead of November elections. Instead, Democrats are talking more about the law — and how they want to undo it.