The recommendations, sent Tuesday in a letter to Treasury and the IRS, include that the IRS expressly allow taxpayers to rely ...

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...

In a letter to congressional committee leaders, the AICPA said Congress should strike language from the tax bill that bars ...

It’s been a dizzying few months since Melanie Lauridsen, the AICPA’s vice president–Tax Policy & Advocacy, last appeared on the Journal of Accountancy podcast. In fact, just the past week has been ...

The AICPA named Grant Thornton partner Rahul Gupta as chairman of FinREC. Gupta succeeds Mark Crowley, a managing partner at ...

Sunday revote came after Republican fiscal hawks initially joined Democrats to sink the bill, which includes tax provisions ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

After watching what her husband’s family endured with her father-in-law’s recent stroke, Jennifer knew she needed to discuss estate planning with her widowed mother, who likely hadn’t addressed these ...

The AICPA A&A Focus webcast on May 7 featured timely updates and strategic insights on key accounting and auditing topics. Hosted by Bob Durak, CPA, CMGA, director of A&A Technical Services at the ...

The receipt of an estate tax closing letter generally indicates that the estate tax return’s IRS examination is closed. Final ...