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  • January 28, 2020

    The Internal Revenue Service wants tax-exempt organizations to know about recent tax law changes that might affect them. The Taxpayer Certainty and Disaster Tax Relief Act, passed on December 20, 2019, includes several provisions that may apply to tax-exempt organizations' current and previous tax years.

  • January 28, 2020

    An audit quality research project led by two Alabama academics was selected for support through the AICPA's Assurance Research Advisory Group. Congratulations to the winners!

  • January 21, 2020

    Active duty military personnel have multiple options for free federal tax preparation. IRS Free File allows taxpayers to prepare and file their federal individual income tax return for free using brand name tax-preparation-and-filing software.

  • January 17, 2020

    Think about a time when an objective wasn’t achieved in your firm: a missed deadline, an unmet revenue goal, a lost client, a deliverable that went out the door with preventable errors in it. Mistakes happen; we’re all human. But that’s the time when we usually start hearing words like “responsible” and “accountable.” People often use the words accountability and responsibility interchangeably. But there is an important and fundamental difference between the two, and its imperative that leaders understand the difference.

  • January 15, 2020

    I travel a lot of for business, and like most frequent flyers, I dread connecting flights. Except, that is, when those connections take me through Denver or Charlotte, where the prospect of an hour between planes brings a smile to my face and a spring to my step. Why the good cheer? Because I know I’ll be able to spend time with the men and women of Executive Shine, one of the most soulful (or is it soleful?) businesses I’ve ever encountered.

  • January 15, 2020

    The skills newly licensed CPAs need are changing, and the CPA Exam must continue to change to keep up. Register for the AICPA's free CPA Exam Practice Analysis webcast today at noon (EST) to learn more about what's next for the exam. You can also share your thoughts on the practice analysis, too.

  • January 7, 2020

    Attention: Software Developers, Return Transmitters and Authorized IRS e-file Providers/EROs The IRS is in the process of updating the MeF system to allow for the recent extender legislation. The tax forms listed below for Tax Year 2019 will continue to reject if an extender-related credit is claimed. Please refrain from sending these forms with extender-related credits until further notice.

  • January 2, 2020

    The Internal Revenue Service today issued the 2020 optional standard mileage rates (PDF) used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

  • October 16, 2019

    Recently, Representatives Kathleen Rice (D-N.Y.) and Andy Barr (R-K.Y.) introduced the Fiscal State of the Nation resolution, H. Con. Res. 68, with 103 additional co-sponsors. It provides “for a joint hearing of the Committees on the Budget of the House of Representatives and the Senate to receive a presentation from the Comptroller General of the United States regarding the audited financial statement of the executive branch.” The resolution ensures that members of Congress are made aware of the information in the federal financial statements and helps them to better understand how current and/or future policy may affect the nation’s long-term fiscal health.