Making Trump’s tax cuts permanent would cost nearly $920B

Extending tax breaks that are intended to benefit families and small businesses come with a steep cost, according to Congress’s nonpartisan scorekeeper.


Wealthy masses bet $500M as new funds chase opportunity zone tax perk

Investors are starting to pour money into the real estate projects after more than a year of indecision.


New risks for tax audits

IRS audit rates have dropped, but that doesn’t mean clients shouldn’t be prepared.


AICPA honors two with Special Recognition Award

The American Institute of CPAs recognized Gerard Schreiber Jr. and John Dailey Jr. for their influence on and commitment to the CPA profession.


IRS announces summer downtimes

The Modernized e-File system will be unavailable for two short periods in July and August.


IRS’s unmet tech support needs lead to higher admin costs

The Internal Revenue Service’s unmet needs for information technology support are producing inefficiency and higher tax administration costs, according to a new report.


RSM US launches Shot at College Program

The firm’s program, in coordination with the Zach Johnson Foundation and Kids on Course, will provide financial support and mentorship to three college-bound students per year.


Accountants under pressure: Creating a more mindful workplace

Tech leaders from LinkedIn, SAP and Calm talk about creating systems to address mindfulness on an organizational level.


IRS finalizes rules for truncating taxpayer SSNs on W-2s

The Internal Revenue Service is allowing employers to truncate taxpayer identification numbers to protect employees from identity theft.


Shaping the audit of the future

Erik Asgeirsson of CPA.com and Sue Coffey of the Association of International Certified Professional Accountants examine the broader evolution of auditing, and the specifics of the AICPA’s Dynamic Audit Solution.