Accounting, tax, auditing news

LATEST NEWS

AICPA comments on assurance standards for California climate law

In a comment letter to the California Air Resources Board, the AICPA and California Society of CPAs call for increased minimum assurance requirements related to greenhouse gas data that must be reported later this year.

IRS launches online tool to help taxpayers manage tax debt

AICPA ENGAGE networking tips: How to make meaningful connections

GASB seeks feedback on idea of changing how it communicates GAAP

Experts answer burning questions about personal financial security

IRS flagged FATCA noncompliance but followed up with few exams, penalties

Uncredentialed tax preparer errors included fictitious deductions, review shows

FEATURED ARTICLE

Techniques for de-risking concentrated stock portfolios

Some clients live having all their investment eggs in one basket because they fear potential capital gains taxes from selling stock to diversify. Knowing de-risking strategies allows CPAs and advisers to guide their clients through the process without huge tax implications.

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