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The American Institute of CPAs elected the managing partner of AAFCPAs as its next chair.

The discontinuation includes all 2021 versions of QuickBooks Desktop Pro, Desktop Premier, Desktop for Mac and Enterprise Solutions.

Barriers keep CPAs, attorneys, financial advisors and brokers from communicating effectively for their client's benefit — and the benefits of collaboration are significant.

The private equity giant acquired the accounting software firm in 2019.

Tourists are expected to generate a record $4.9 billion in sales and other tourism-related tax revenue in the current fiscal year, a 16% jump from 2020.

President Biden's son had been scheduled to go on trial on June 20 on charges he failed to pay $1.4 million in taxes from 2016 to 2019.

Traditional audits may hinder business growth potential as accounting firms are slow to embrace modern approaches, according to an Inflo report.

They have oft-cited tax advantages, but the available research raises alarms about fees, interest rates and investing in assets other than cash.

The program with third-party tax vendors will continue for another five years despite the IRS's recent Direct File pilot test.