Taxpayer advocate: Unprocessed ERC claims could total 1 million …
Nov 12, 2024 · The IRS could have about 1 million employee retention credit (ERC) claims remaining to process by the end of the year, the national taxpayer advocate said Tuesday at …
Journal of Accountancy - Accounting, tax, auditing news
The Journal of Accountancy is the ultimate resource for today’s CPA, providing daily professional and regulatory updates, breaking news and videos.
Data analytics and visualization in the audit
Mar 1, 2024 · Editor’s note: This is the third article in a four-part series that is part of a larger initiative the AICPA Auditing Standards Board (ASB) has undertaken to understand and …
A Framework for Auditor Independence - Journal of Accountancy
EXECUTIVE SUMMARY THE INDEPENDENCE STANDARDS BOARD issued an exposure draft for a conceptual framework for auditor independence containing the concepts and basic …
A new top 10 firm? Two top 15 firms band together - Journal of …
Nov 7, 2024 · Two of the nation's top 15 accounting firms have joined forces with the completion of CBIZ's acquisition of Marcum LLP. According to a news release, CBIZ has acquired the …
Auto depreciation limitations increase - Journal of Accountancy
Feb 7, 2024 · The IRS issued higher new depreciation limitations for passenger automobiles, although the increases are smaller than in the previous two years.
Medicare’s tricky rules on HSAs after age 65
Jul 1, 2021 · Before the tax-savings wonder that is the health savings account (HSA) was introduced in 2003, it was a generally accepted best practice for any worker who wasn't …
Tax, accounting, auditing news - Journal of Accountancy
Jan 14, 2025 · The latest news from the Journal of Accountancy, covering accounting, financial reporting, auditing, taxation, financial planning, technology, and more.
The ERC: Practitioners’ responsibilities to amend income tax …
Feb 20, 2024 · Practitioners must weigh applicable professional standards and exercise due diligence in assessing whether a taxpayer claiming an employee retention credit must amend …
Resources to implement the QM standard - Journal of Accountancy
Nov 1, 2024 · Implementing the new standard on quality management (QM) by the Dec. 15, 2025, deadline may seem daunting, but the AICPA has developed resources and tools to get started, …