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IRS adjusts HSA amounts for inflation in 2025

Accounting Today

The Internal Revenue Service issued the annual inflation adjustments for health savings accounts in 2025 as prices continue to rise.

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Meta, Google face digital tax in New Zealand beginning in 2025

Accounting Today

New Zealand will introduce legislation this week that enables a digital services tax on large multinational companies, though the levy won't be imposed until 2025.

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Important Changes to Employment Pass (EP) Requirements for 2025

Counto

Important Changes to Employment Pass (EP) Requirements for 2025 Starting January 1, 2025, significant adjustments to the Employment Pass (EP) criteria will take effect, impacting both employers and foreigners alike. Experience a smarter way to outsource your accounting with confidence.

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Illinois CPAs offer accounting scholarships

Accounting Today

The Illinois CPA Society and its CPA Endowment Fund have begun accepting scholarship applications for the 2024-2025 academic year.

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FASB approves income tax reporting standard

Accounting Today

The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.

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AICPA offers quality management practice aid

Accounting Today

The document aims to help auditors and accountants set up a quality management system at their firms ahead of a 2025 deadline.

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IRS extends time to 'perfect' R&D tax credit claims

Accounting Today

10, 2025, to fix a refund claim. Taxpayers will now have through Jan.

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