Explore the latest shifts in U.S. accounting standards led by FASB, focusing on revenue recognition and lease accounting. Learn what these changes mean for businesses.
Read more...
Explore how accounting firms are embracing remote solutions, leveraging cloud technology, and enhancing client trust in the evolving digital landscape.
Read more...
This article explores the transformative impact of cloud technology on accounting practices, highlighting efficiency, security, and collaboration advantages.
Read more...
Explore the latest shifts in U.S. tax legislation and their implications for tax compliance. Discover the role of digital technologies, ESG factors, and the increased need for CPAs adept at using advanced tax platforms.
Read more...
Explore how the shift toward digital commerce impacts sales tax compliance and the strategies businesses use to navigate these evolving regulations.
Read more...
Discover the latest shifts in accounting talent dynamics driven by technology, mergers, and ESG reporting needs, reshaping roles and creating new opportunities.
Read more...
How AI Is Reshaping Payroll: What Every Business Needs to Know The 2025 Payroll Special Report explores how artificial intelligence is revolutionizing payroll—transforming it from a back-office function into a strategic powerhouse. Discover how AI is enabling greater efficiency, accuracy, and compliance while unlocking real-time insights and cost-saving automation. With insights from industry leaders at ADP, Paychex, KPMG, and more,…
This year’s tax season will begin on January 23, the Internal Revenue Service said this week. The filing deadline is April 18.
January 23 is the first day the IRS will begin processing filed returns. The deadline is extended through April 18 because April 15 falls on a weekend and the Emancipation Day holiday is on Monday, April 17.
The IRS expects more than 168 million individual tax returns will be filed. The agency believes its service will improve this year because of the hiring of 5,000 individuals to answer telephones and the addition more in-person staff.
“With these new additional resources, taxpayers and tax professionals will see improvements in many areas of the agency this year,” acting IRS commissioner Doug O'Donnell said in a prepared statement.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
This year’s tax season will begin on January 23, the Internal Revenue Service said this week. The filing deadline is April 18.
