Business advisers can help guide clients through the tax and accounting considerations of a corporate sale or purchase.

AI is showing up in the software tools that businesses use every day — from payroll systems to enterprise accounting platforms.

The IRS allows you to calculate your tax bill using one of two tax accounting methods. The more common of the two methods for individual taxpayers is the cash method. However, most businesses prepare ...

Accounting offers a variety of specializations, including tax accounting, financial accounting, and managerial accounting. Tax accounting requires strong research skills and the ability to keep up ...

Corporate leaders are demanding more and more from their tax and accounting partners. Is your firm on top of the latest Internal Revenue Service guidance on Paycheck Protection Program loan ...

Effective tax accounting is a complex and high-stakes function. The accuracy of tax provisions is critical to financial reporting, yet vulnerabilities exist due to the reliance on spreadsheets and the ...

As an accounting professional, you know there are potential tax-related upsides and downsides for every type of business entity. It’s important to communicate those considerations to your clients to ...

Section 179 lets you deduct the full purchase price of qualifying business equipment bought and put into use during the year.

Unfiled taxes refer to the tax returns that a taxpayer is obligated to file with the respective tax authorities but has not yet submitted. It is a common issue that many individuals and businesses ...

Certified public accountants may become harder to find for tax preparation services as a number of CPAs are retiring and fewer young people are entering the profession. Even though April 15 is fast ...