Accounting Today

JUNE 20, 2025

Taxpayers have up to six months after the due date of their federal income tax return for the disaster year (without regard to any extension of time to file) to make the election. Tax preparers or taxpayers should write the relevant FEMA declaration number — 4874-DR for Mississippi, 4871-DR for Texas — on any return claiming a loss.

Tax 235

Tax Deposits Corporation Tax Auditing 235

Accounting Today

JULY 17, 2025

Were on the cusp of 70 years old next year in 2026, and I think this is probably the most exciting day of Sax history as we start this journey," Damiano said. "I All rights reserved. Partnering with our sponsor, well be able to invest in our people and ultimately grow our practice to remain competitive in the industry.

Corporation Tax 147

Corporation Tax Auditing CPA Accounting Software 147

Accounting Today

JUNE 23, 2025

Most of the questions deal with Statement 103 , the financial reporting model improvements standard that GASB issued last year, which will take effect in 2026. He hopes to issue an exposure draft, with another round of due process on a document written more like a final standard in early 2026 with a final standard expected in early 2027.

Financial Reporting 254

Financial Reporting Financial Statements Auditing Tax 254

Accounting Today

JULY 15, 2025

The bill said that you had to have the asset placed in service by 2027 but also you had to start construction on that facility within one year of the enactment date," said Ian Boccaccio, principal and income tax practice leader at tax firm Ryan. "If Its not clear what is going to happen to the Pillar Two taxes as they apply to U.S.

Billing 229

Billing Tax Auditing Corporation Tax 229

Accounting Today

JULY 2, 2025

All rights reserved. By Roger Russell July 2 Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. By Paige Hagy July 2 Like what you see?

Corporation Tax 147

Corporation Tax Auditing Tax Billing 147

Accounting Today

JULY 2, 2025

All rights reserved. By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. By Paige Hagy 7h ago Like what you see?

Billing 245

Billing Tax Corporation Tax Auditing 245

Accounting Today

JULY 2, 2025

All rights reserved. By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. By Paige Hagy 7h ago Like what you see?

Corporation Tax 130

Corporation Tax Auditing Accounting Software Tax 130

Accounting Today

JUNE 25, 2025

The service received nearly 141 million individual income tax returns and processed about 138 million this tax season, according to the National Taxpayer Service "Objectives Report to Congress" for Fiscal 2026. The IRS will need to rapidly hire and train thousands of new Taxpayer Services employees before the 2026 filing season."

Corporation Tax 267

Corporation Tax Auditing Tax XERO 267

Accounting Today

JULY 15, 2025

The current list of eligible localities is on the IRS Tax Relief in Disaster Situations page. 2, 2026, to file returns and pay any taxes that were originally due during this period. 15, 2025; Quarterly estimated income tax payments normally due on Sept. All rights reserved. 15, 2025, and Jan. 31, 2025, and Jan.

Tax 272

Tax Corporation Tax Auditing Accounting Software 272

Accounting Today

JULY 2, 2025

All rights reserved. By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. By Paige Hagy 7h ago Like what you see?

Billing 130

Billing Tax Corporation Tax Auditing 130

Accounting Today

JULY 18, 2025

All rights reserved. relocate offices; and more news from across the profession. Cohen & Co., Cleveland, announced a donation commitment of $100,000 to Cleveland Guardians Charities, via the Cohen & Co.

Corporation Tax 173

Corporation Tax CPA Auditing Accounting Software 173

Accounting Today

JULY 2, 2025

All rights reserved. By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. By Paige Hagy 7h ago Like what you see?

Tax 147

Tax Corporation Tax Billing Auditing 147

Accounting Today

JULY 17, 2025

Administration officials view the bill as a cornerstone of their economic messaging strategy to win over voters in the 2026 midterm elections when control of the House and the Senate will be at stake. All rights reserved. Undocumented immigrants, in most cases, are not eligible for the program.

Tax 182

Tax Billing Corporation Tax Auditing 182

Accounting Today

JUNE 27, 2025

Their co-managing roles are scheduled to last a year, with Andrews assuming the managing partner role on July 1, 2026, and becoming the first female and first non-Plung family member in that position in the firms 104-year history. All rights reserved. Pittsburgh.

Corporation Tax 147

Corporation Tax Auditing Accounting Software CPA 147

Accounting Today

JULY 3, 2025

Edelman pleaded guilty to 10 felony counts: conspiracy to defraud the United States, seven counts of tax evasion and two counts of making a false statement. Trial on the remaining counts will be in 2026. All rights reserved. Edelman founded and owned half of Mina Corp. Department of Defense for jet fuel for U.S.

Tax 162

Tax Deposits Corporation Tax Auditing 162

Xero

DECEMBER 20, 2022

HMRC has announced that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) has been delayed until April 2026. Apr 2026: MTD for ITSA – businesses, self-employed individuals, and landlords with income over £50,000. The new MTD for ITSA timeline. MTD for ITSA for general partnerships.

Tax 49

Tax Small Business Accounting XERO Bookkeeping 49

Counto

JANUARY 13, 2025

Stay Informed About Tax Deduction Schemes As of 2024, the Singapore government has extended the 250% tax deduction for donations until the end of 2026. Furthermore, from 2025, the Overseas Humanitarian Assistance Tax Deduction Scheme (OHAS) will offer a 100% tax deduction for qualifying overseas cash donations.

Bookkeeping 52

Bookkeeping Financial Statements Tax Record Keeping 52