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Clear filters
NASBA Updates Databases of Licensed CPAs and CPA Firms
The Trusted Professional
According to National Association of State Boards of Accountancy (NASBA), it…
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Social Security Benefits to Rise 2.8% in 2026
Accounting
According to Accounting Today, nearly 71 million Americans receiving Social Security will see a 2.8% increases in their…
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Regulatory Roundup: Oct. 21-27
The Trusted Professional
AICPA AICPA Applauds the Passage of the IRS Math and Taxpayer Help Act Oct 22, 2025 AICPA Seeks Safe Harbor for 2025…
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IRS Adjusts 2026 Tax Brackets and Standard Deductions for Inflation
Accounting
The IRS has released its annual inflation adjustments for 2026, which will determine how much taxpayers owe when they file…
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IRS Releases FAQs on Employee Retention Credits Under the OBBBA
The Trusted Professional
On Oct. 22, the IRS released FAQs with eight questions on the Employee Retention Credits (ERCs) under the ERC compliance…
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US Senate Passes Bill Requiring the IRS to Provide Details on Math Errors
The Trusted Professional
On Oct. 20, the US Senate passed the Internal Revenue Service Math and Taxpayer Help Act, H.R. 998 requiring the IRS to…
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AICPA Offers Practical Guidance for Navigating Job Loss
The Trusted Professional
With the recent government shutdown, concerns around employment gaps have come to the forefront. To help those affected, the…
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IRS: Operations Limited During Government Shutdown; Regular Tax Deadlines Remain Effective
The Trusted Professional
The IRS announced that because of the lapse in appropriations, IRS operations are limited. But the tax agency said that the…
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AICPA Requests Transition Relief on Tip and Overtime Deductions
Accounting
The AICPA has asked the Treasury Department and the IRS to provide transition relief and clear guidance for 2025 reporting…
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