Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.

Just as for other businesses, tax considerations come to the fore when CPA practices combine. This article delves into some of the possible entity deal structures for CPA firm mergers and acquisitions ...

The IRS provides guidance on whether these entities qualify under a U.S. federal income tax treaty for relief from the branch ...

The taxpayers’ deductions from microcaptive insurance transactions lacked economic substance under Sec. 7701(o), the Tax ...

Although the IRS has provided guidance on success-based fees, determining which parties are the acquirer and target can be difficult when multiple entities are involved in an M&A.

Arthur Auerbach, CPA, CGMA, received the 2025 Arthur J. Dixon Memorial Award, and Cory Perry, CPA, received the 2025 Jonathan Horn Distinguished Service Award.

This case study can provide practical instruction to students and entry-level accounting staff in key issues of state corporate income tax.

The tax is held to violate the Uniformity Clause of the state’s constitution by treating residents and nonresidents unequally.

Advisers must be competent, reliable, and free from conflicts of interest for signing preparers to use their advice on a return or claim for refund.

An F reorganization may raise a host of issues pertaining to timely filing of a qualified Subchapter S subsidiary election.

Taxpayers may be subject to the risk that an IRS examination could increase (or create) a gift tax or estate tax liability many years after a gift is made. Practitioners can help clients limit this ...