An individual may elect to defer some of their wages into a retirement plan through their employer's plan . That deferral could be as much as $24,500 for ...
IN BRIEF The shortage of individuals entering the CPA pipeline has reached a crisis stage. While professional institutions like the AICPA have been ...
IN BRIEF For several years now, declining enrollments in universities and high turnover at firms have posed a serious threat to the accounting ...
IN BRIEF As CPA firms increasingly seek to provide integrated legal and advisory services, they face a complex web of ethical, legal, and regulatory ...
History often records firsts, but legacy tells us which of those firsts mattered.Wilmer F. Lucas holds a singular place in the history of the accounting ...
On November 21, 2025, Governor Kathy Hochul signed into law the additional 120+2 licensure pathway into law (Assembly Bill A7613B; see E. Slack-Jorgensen, “Hochul Signs CPA Licensure Pathway Bill, ...
The Bipartisan Budget Act of 2015 (BBA) created a “centralized system for audit, adjustment and collection of tax that applies to all partnerships,” with ...
These words came from an Enron energy trader, caught on tape during the 2000–2001 California energy crisis celebrating a wildfire that disrupted power lines and further drove up prices inflated by ...
A recent case, Senty v. United States, provides several important lessons for tax return preparers [Senty v. United States, 132 AFTR 2d 2023-6735, (Dist. Ct. WD WI 12/15/2023)]. Mr. Senty was involved ...