Tax Practice News
BOI Reporting in Flux Following Fifth Circuit Rulings
The enforcement status of the CTA continues to shift following recent Fifth Circuit decisions. After initially granting the emergency motion to stay a nationwide injunction on December 23, the Fifth Circuit's merits panel reversed course. Read more
Jan 3, 2025
The Power of AI-Driven Tax Preparation
The tax preparation landscape is undergoing a revolutionary transformation, and forward-thinking practitioners are seizing the opportunity to reshape their practices through artificial intelligence and automation. Read more
Jan 1, 2025
Government Funding Deal: Tax and Fiscal Implications for 2025
In a significant development affecting fiscal policy and tax planning, Congress has passed a temporary government funding measure through March 14, 2025, with President Biden signing it into law. Read more
Dec 26, 2024
New Pathways to CPA Licensure Address Industry Talent Shortage
The accounting profession is undergoing significant changes in how it approaches CPA licensure, driven by an urgent need to attract new talent. Many view the traditional CPA path's return on time investment as insufficient. Read more
Dec 24, 2024
The Tax 3.0 Overhaul is Underway
New technology is impacting the speed of adoption, simplifying workflows and changing how businesses get paid and interact with taxing authorities worldwide. Read more
Dec 23, 2024