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The IRS has blessed at least one approach to getting around the TCJA limitation — the entity-level tax.

Successfully managing digital transformation is as much about mindset as it is about technology.

A Treasury Department spokesperson gave an answer that provides clarity for advisors with affluent clients.

Accounting firms are running into difficulties filling the pipeline with new accountants as they find themselves struggling to recruit talent.

Climate change is prompting more accountants to get involved in environmental, social and governance services.

The debate between in-office and remote work was largely a theoretical one before the pandemic, but now we’ve had ample time to test the viability of virtual work on a grand scale.

Practice management software provider Canopy has integrated with Intuit’s QuickBooks Online, allowing accountants to sync their contacts, service items and invoices, and process payments and deposits between the two systems.

Most firms pivoted to giving valuable advice during the pandemic, but only some of them got paid for it.

More than 60 teams across the U.S., Canada and El Salvador submitted prototypes for their business solutions, with the winning idea being implemented across the firm.

While states continue to develop their own rules and requirements, managing compliance remains an enormous challenge.