Taxes
Ways and Means to Make Trump's Tax Returns Public on Dec. 30
The documents are expected to include his tax returns filed between 2015 and 2021.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Taxes
IRS, Treasury Lay Out Transitional Guidance for Broker Reporting on Digital Assets
The Infrastructure Investment and Jobs Act amended the tax code to expand reporting rules on digital assets by brokers.
Small Business
U.S. Retail Sales Grew 7.6% This Holiday Season
Online sales grew 10.6% compared to the same period last year, according to Mastercard SpendingPulse.
Accounting
FASB Decides to Defer Sunset Date of Reference Rate Reform Guidance
The ASU extends the period time for financial statement preparers to use the reference rate reform relief guidance.
Taxes
IRS Puts Out Guidance on New Sustainable Aviation Fuel Credit
It applies to a qualified fuel mixture containing sustainable aviation fuel for sales or uses in calendar years 2023 and 2024.
Taxes
What’s Next for the IRS?
Tax experts sound off on the funding the IRS will get from Congress and what it could mean for the 2023 tax season.
Payroll
Compared to Workers in Other Fields, Accountants Are Pretty Happy with Their Pay
More than half of accounting professionals believe they are well-compensated, a LinkedIn survey revealed.
Firm Management
Promotions Were Common in Public Accounting in 2022, Analysis Shows
LinkedIn says professional services was among the five industries that gave out the most promotions this year.
Taxes
Following Tax Court Defeat, IRS is Still After Syndicated Conservation Easements
Proposed regs issued today identify certain syndicated conservation easement transactions as “listed.”
Firm Management
Mazars USA Went Shopping in the Boston Area
The top 30 firm acquired Chestnut Hill, MA-based accounting firm Samet & Company PC on Dec. 1.
Taxes
IRS Updates FAQ on Unemployment Compensation Exclusion
The American Rescue Plan Act of 2021 provided relief to those receiving unemployment compensation in 2020.
Accounting
FASB Looks to Tweak Guidance for Leases Under Common Control
Comments on the proposed Accounting Standards Update can be submitted until Jan. 16, 2023.