The Latest

Wolters Kluwer Tax & Accounting US has produced an infographic showing the states with the top 10 highest and lowest sales taxes, just in time for Black Friday and the kickoff of the holiday shopping season.

There are some things that over the years I’ve found invaluable, so in the spirit of the holidays, I thought I’d share a few of my “must-haves,” and maybe give you some ideas of how you can treat your office (and yourself) with some technology that I’ve found really does make life simpler.

As CPA firms and their clients continue to adapt to the cloud and innovations in practice management, the Digital CPA Conference, celebrating its fourth year, looks to help CPAs stay on top of the tech that drives business in 2015.

The Internal Revenue Service is simplifying the paperwork and recordkeeping requirements for small businesses by raising the safe harbor threshold for deducting certain capital items from $500 to $2,500.

The International Financial Reporting Standards Foundation, which oversees the International Accounting Standards Board, is forming a joint working group with the Chinese Ministry of Finance to explore ways to advance the use of IFRS within China, especially for internationally oriented Chinese companies.

The Internal Revenue Service plans to take extra steps to enforce the rules requiring information reporting of payment card transactions, such as those made through credit and debit cards.

CEOs of several major accounting organizations around the world have signed an open letter urging world leaders to agree on reducing carbon emissions.

The Internal Revenue Service sent out an alert Tuesday warning tax preparers about an phishing email message purporting to ask them to update their IRS e-Services information.

The AICPA announced on Monday the 2015 winners of three different accounting curriculum awards. Each award comprises the Effective Learning Strategies Awards, awarded annually to educators who demonstrate innovative teaching in one of three educational levels: introductory, upper level, and graduate.

The budget deal passed by Congress last month included a provision that would end some Social Security claiming strategies used by couples.