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IRS Announces Jan. 26 Filing Season
Accounting
The IRS has announced that the 2026 filing season for individual tax returns will officially open on Jan. 26, giving…
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Recent Executive Order Pushes Cannabis Closer to Tax Relief
Accounting
Cannabis businesses may be closer to meaningful tax relief following a recent executive order that directs the attorney…
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Electronic Filing for Business Tax Returns Opens Next Week
Accounting
According to the Journal of Accountancy, electronic filing for a range of business tax returns will open next week, giving…
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AICPA Asks IRS to Create Automated Procedure for Sec. 1033 Extension Requests
The Trusted Professional
In a Jan. 5 letter, the AICPA suggested that the IRS create an automated procedure to process extension requests for…
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Small Business Wage Growth Slowed Through 2025
Accounting
Small business wage growth kept slowing through the end of 2025. And according to the latest Paychex Small Business…
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Guidance on Car Loan Interest Deduction In Proposed IRS Regulations
Accounting
According to the Journal of Accountancy, the IRS recently issued proposed regulations regarding the temporary deduction of…
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Can AI Replace Accountants?
Accounting
Despite frequent speculation, Accounting Today predicts that AI will not replace accountants anytime soon. According to…
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FASB Explores Crypto in 2026 Amid Trump Push
Accounting
FASB plans to take a closer look at cryptocurrency accounting in 2026, adding two digital-asset projects to an already…
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Governor Hochul Proposes No Tax on Tips
The Trusted Professional
On Jan 1, Governor Kathy Hochul notified New Yorkers about a number of tax relief and affordability measures that started in…
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