Life insurance’s major role in business succession planning

Accountants should be engaging more deeply with business owner clients’ succession plans.

Life insurance’s major role in business succession planning


A new appreciation for bonus depreciation

The Tax Cuts and Jobs Act puts a whole new spin on an old strategy.

A new appreciation for bonus depreciation


Oil trader sues for $52M tax refund

The company claims a huge amount of fuel taxes were improperly collected.

Oil trader sues for M tax refund


IRS ETAAC seeking applicants

Selected nominees will serve three-year terms advising on technological issues.

IRS ETAAC seeking applicants


FASB updates accounting for income taxes

ASU 2019-12 aims to simplify Topic 740 in GAAP.

FASB updates accounting for income taxes


IASB proposes major revamp to financial reporting

The board wants more comparability and transparency around non-GAAP measurements.

IASB proposes major revamp to financial reporting


Lukka debuts DIY crypto tax prep product

Lukka, which makes blockchain products for the cryptocurrency ecosystem, has debuted a do-it-yourself tax preparation product for taxpayers reporting cryptocurrency assets on IRS Forms 1040 and 8949.

Lukka debuts DIY crypto tax prep product


Connecticut Society campaign looks to connect members

The state CPA society is urging its member to share knowledge and connect with one another online and elsewhere.

Connecticut Society campaign looks to connect members


Blockchain snuck up on us

If you’ve noticed less talk about blockchain this year from technology product makers, that’s on purpose: Companies have realized big promises without flashy results makes consumers suspicious.

Blockchain snuck up on us


A flurry of Microsoft news, and other tech stories you may have missed

The middle market pursues growth through technology, better banking for small businesses, and seven other things that happened this past month.

A flurry of Microsoft news, and other tech stories you may have missed