Accounting Today

JULY 9, 2025

Platform Accounting expands in Chicago Platform Accounting Group building in Holladay, Utah Platform Accounting Group has added Madison Street Advisors, formerly known as McCormick Tax Group, based in downtown Chicago, extending Platforms footprint in the Midwest. All rights reserved. in Modesto.

accounted

CPA Practice

JULY 7, 2025

Xuan Phuc Tran (California), a graduate of the University of California, Irvine with a Bachelor of Arts in Business Administration, is employed with PricewaterhouseCoopers in San Jose, CA. Property and Fiscal Office on accounting programs, financial systems, and operational business processes.

cpas

ThomsonReuters

JULY 18, 2025

The state and local tax (SALT) deduction has long been a pillar of the U.S. tax code, providing critical relief to taxpayers — especially those in high-tax states. That changed dramatically with the 2017 Tax Cuts and Jobs Act (TCJA), which imposed a $10,000 cap on SALT deductions. Here’s why: 1. 

New Jersey

Accounting Today

JULY 28, 2025

is no exception to this, according to senior partner Ed Davis, who named both people and resources as challenges for the San Jose, California-based firm. "We You know, Im just doing a tax return or Im just doing this. Its really coming around to our internal employees and saying, "Its not just [a tax return], you are worth this."

Technology

Accounting Today

JULY 16, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email Armanino, a Top 25 Firm based in San Ramon, California, has added Strategic Accounting Outsourced Solutions , extending Armaninos outsourcing capabilities, particularly in the nonprofit and family office sectors. All rights reserved.

Technology

Accounting Today

JUNE 6, 2025

CALIFORNIA Janet Shepard Janet Shepard was hired as a business management partner and co-leader of the client accounting services practice at HCVT, Irvine. All rights reserved. ARIZONA The Association for Accounting Marketing Hall of Fame celebrated the 35th anniversary of the annual AAM Summit in Phoenix May 12-14.

New Jersey

Accounting Today

JUNE 26, 2025

EDT 5 Min Read Facebook Twitter LinkedIn Email Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases. Individuals disciplined include: California: Enrolled Agent William E. Olson was also one of the owners and operators of a day spa in Saratoga, California. All rights reserved.

Tax

Accounting Today

AUGUST 1, 2025

Withums perspective complements our existing expertise, offering more expansive solutions in technology, automation, cyber and information security services, as well as enhanced tax and international service capabilities." All rights reserved. By Chris Gaetano August 1 Like what you see?

Technology

CPA Practice

NOVEMBER 22, 2024

CohnReznick’s McCafferty selected to MACPA’s 2024 Women to Watch CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, announced that Molly McCafferty, Partner, Assurance, has been selected as one of four 2024 Women to Watch by the Maryland Association of CPA’s (MACPA) Foundation. Blue & Co.

Real Estate

Withum

DECEMBER 17, 2024

The Tax Cuts and Jobs Act (TCJA) enacted several tax rate cuts when it was enacted in 2017. This included a reduction of the C Corporation rate to 21% and a temporary provision that allowed owners of S Corporations and Partnerships a reduction of their taxes by deducting an additional 20% of the taxable profit from their businesses.

Tax

CapataCPA

JANUARY 28, 2025

About Abedian + Totlian Led by Emil Abedian and Sibel Horhor, the team at Abedian + Totlian has spent 40 years providing expert accounting, tax, and business consulting services to small and mid-sized businesses in Glendale and the greater Los Angeles area.

California

Accounting Today

JUNE 27, 2025

CALIFORNIA Evan Staggs Evan Staggs was hired as a partner in the tax practice at Weaver, Woodland Hills. He became instrumental in the field of taxation, with a specific focus on state and local taxes. All rights reserved. IDAHO Heath Alloway was hired as a growth partner at Sorren, Meridian. and became an ICPAS member in 1974.

Technology

Withum

JANUARY 8, 2025

This shared ownership offers unique tax advantages, particularly when it comes to transferring ownership. Tax Treatment: Typical Ownership vs. Undivided Interests When a single property is transferred to a single recipient on a fee simple basis, the entire value of the property is considered taxable. million to $2.4 Estate of Pearl I.

Real Estate

Accounting Today

JUNE 13, 2025

CALIFORNIA Withum has relocated its San Ramon office to a new space in Bishop Ranch business park, located at 6101 Bollinger Canyon Road, Suite 400. By Chris Gaetano 2h ago Tax-related court cases Tax Fraud Blotter: Sick excuses By any other name; poor Service; a saga continues; and other highlights of recent tax cases.

Technology

CPA Practice

JUNE 12, 2025

Among the winning companies are: Mi Terro (Los Angeles, California): Leverages big data to create compostable, fossil-fuel alternative biomaterials made from plant-based agricultural waste. The event brought together founders from the program’s Core Cohort, startups based across the U.S., © 2025 Firmworks, LLC.

Technology

CPA Practice

AUGUST 5, 2025

Jason Bramwell Private equity-backed tax and accounting firm Prosperity Partners said Tuesday it has acquired Vienna, VA-based transaction services firm Pipaya. The firm provides tax advisory, tax consulting, tax preparation, valuation, outsourced back-office accounting, fractional CFO, litigation support, and startup business services.

Virginia

Accounting Today

AUGUST 5, 2025

Platform Accounting adds AWG Wine Advisors Platform Accounting Group building in Holladay, Utah Platform Accounting Group has added AWG Wine Advisors, formerly Allen Wine Group, based in Santa Rosa, California, expanding Platforms business accounting services to the wine industry. All rights reserved. in Modesto.

New Jersey

Accounting Today

JUNE 9, 2025

As youve probably heard, theres a lot going on on the tax front in Washington, D.C., Its got a host of tax provisions and some other provisions that could affect their profession in it as well. But were just going to really talk about the tax provisions right now that affect that. All rights reserved. as we record this.

Washington

Accounting Today

JULY 10, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email Underhanded underground; down on the farm; reality check; and other highlights of recent tax cases. Augusta, Georgia: Two ghost preparers have pleaded guilty to a tax scheme. All rights reserved. By Jeff Stimpson July 10, 2025, 6:14 p.m.

Tax

Accounting Today

JULY 8, 2025

And depending on your view of it as a giveaway to billionaires or a much-needed tax cut for the middle class, it has something for everyone to consider. All rights reserved. EDT 3 Min Read Facebook Twitter LinkedIn Email President Donald Trump displays the signed One Big Beautiful Bill Act.

Technology

CPA Practice

JULY 25, 2025

Section 1202 provides for a substantial exclusion of gain from federal income taxes when stockholders sell qualified small business stock (QSBS). [1] Additional information can be found on our QSBS & Tax Planning Services page. By Scott W. This article first appeared on the Frost Brown Todd website. Used with permission.]

income tax

Going Concern

APRIL 11, 2025

The rule change that could blow open US law [ Financial Times ] Large accounting firms have long coveted the legal fees that lawyers in California and elsewhere receive for serving their best clients, the general counsels of 10 large law firms noted in a tetchy public letter arguing against liberalisation in Arizonas neighbour in 2019.

audit

Accounting Today

JULY 8, 2025

But the justices made clear they werent taking a position at this stage on whether individual agency plans for how to carry it out would pass legal muster. By Michael Cohn 6h ago Tax New scams, new weapons to fight client ID theft The IRS is warning tax professionals about a host of new and resurgent fraud schemes.

Technology

Accounting Today

MAY 20, 2025

In a private meeting, Trump singled out the lawmakers from New York, New Jersey and California who have rejected the $30,000 deduction limit.

New Jersey

Accounting Today

JULY 18, 2025

CALIFORNIA Daniel Zaninovich was hired as a commercial real estate partner at CohnReznick, Los Angeles. All rights reserved. relocate offices; and more news from across the profession. COLORADO Randy Watkins was hired as a partner to spearhead the growth of the Colorado office at ClingerHagerman, Greeley.

Indiana

CPA Practice

JULY 7, 2025

What’s the difference between business registration and tax registration? There may also be legal and tax benefits to registering your business. This allows you to pay federal taxes and hire employees. How much does it cost to register my business? What’s the difference between registering a business and licensing a business?

Technology

Accounting Today

JUNE 27, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email Donald Trump Allison Robbert/Photographer: Allison Robbert/Bl President Donald Trump amped up pressure on Congress to speed the passage of his tax-cut bill as Republicans reached a tentative deal on the state and local tax deduction, one of the key sticking points in the negotiations.

Tax

CPA Practice

AUGUST 1, 2025

via TNS) The Internal Revenue Service is poised to discontinue its Direct File program, which allows millions of Americans to file their taxes for free, drawing criticism from some Democrats. During a tax summit on July 28, IRS Commissioner Billy Long said the cost-free service is “gone,” according to Bloomberg Tax.

Technology

Accounting Today

JULY 3, 2025

CALIFORNIA Nick Satterfield was promoted to partner at Wheeler Accountants, San Jose, where he started as an intern in 2014. Lake is a director of tax services at Berkowitz Pollack Brant Advisors + CPAs, where she leads the state and local tax practice. All rights reserved.

Technology

CPA Practice

JULY 9, 2025

Among the winning companies are: Mi Terro (Los Angeles, California): Leverages big data to create compostable, fossil-fuel alternative biomaterials made from plant-based agricultural waste. The event brought together founders from the program’s Core Cohort, startups based across the U.S., debt on the economy. © 2025 Firmworks, LLC.

Technology

Accounting Today

JUNE 24, 2025

EDT 3 Min Read Facebook Twitter LinkedIn Email Donald Trump Yuri Gripas/Bloomberg President Donald Trump is ratcheting up pressure on Republican holdouts on his multitrillion-dollar tax bill while hes participating in the annual NATO Summit in the Netherlands this week amid entrenched GOP divisions that put a self-imposed July 4 deadline at risk.

Tax

CPA Practice

JULY 24, 2025

Before adjusting for seasonal factors, initial claims plummeted by more than 45,000, led by big states like New York and California, as well as in Michigan, Missouri and Ohio—which are home to car factories. With assistance from Chris Middleton. © 2025 Firmworks, LLC.

Technology

CPA Practice

JULY 4, 2025

House sent a bill to President Donald Trump’s desk that kills tax credits of up to $7,500 for EV customers that were part of the 2022 Inflation Reduction Act. However, the tax credits helped fuel an EV market far more robust and affordable than drivers enjoyed before the rebates kicked in two and a half years ago.

Tax

CPA Practice

OCTOBER 22, 2024

In this white paper, we break down the key federal payroll laws, explore important compliance insights, highlight the role of technology, and provide practical tips for maintaining compliance. federal payroll compliance is an ongoing process that requires vigilance and dedication.

payroll

Accounting Today

JULY 22, 2025

EDT 1 Min Read Facebook Twitter LinkedIn Email Donald Trump Bonnie Cash/Bloomberg President Donald Trump said he is considering a proposal to end capital gains taxes on home sales in a bid to boost the housing market. But we are thinking about no tax on capital gains on houses." All rights reserved.

Technology

ThomsonReuters

JULY 14, 2025

The oil and gas industry operates in an extremely complex and ever-evolving tax environment , one that presents a multitude of challenges for those involved in tax planning and compliance efforts. Which taxes apply to oil and gas companies? Aside from the taxes that most international companies pay (e.g.,

North Carolina

Accounting Today

AUGUST 4, 2025

Most recently, the University of California at Los Angeles and Duke joined Harvard, Northwestern, Princeton and others in losing access to federal grants that are the financial lifeblood of large research institutions. All rights reserved. Brown, Columbia and the University of Pennsylvania reached accords over the past month.

Rhode Island