Note: Coffey is CEO–Public Accounting at the Association of International Certified Professional Accountants. The CPA Evolution-aligned version of the CPA Exam, introduced in January 2024, is one of ...

Most Americans don’t have adequate emergency savings, according to a survey conducted for National Financial Literacy Month.

Taxpayers meeting eligibility rules can now use Form 907 to preserve their right to challenge ERC disallowances while the IRS ...

The House Financial Services Committee voted to remove domestic-owned companies from the beneficial ownership information ...

FASB published an Accounting Standards Update that provides authoritative guidance on how an issuer should initially measure ...

Taxpayers can explore payment plans, collection delays, or compromise offers through a streamlined, privacy protected tool.

A Treasury release said the changes are intended to “strengthen tax administration” and provide clearer reporting on the activities of tax-exempt organizations. No timeline was announced.

Accountants who advise clients interested in employee ownership plans need to be aware of the pros and cons of different models. Discover how a one-day University of Memphis program empowers ...

Some new rules concerning the deductibility of charitable contributions were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act. The changes introduce incentives ...

Many workers today are prioritizing midcareer breaks and flexible work lifestyles over retiring young. Advisers can help them ...

Recent survey results suggest that poor governance is more costly to artificial intelligence ROI than issues related to ...

A critical part of an overall financial plan, regardless of age, is having goals for how you will live and spend in the short and long term and managing the assets you have accumulated to fund those ...