AICPA is advocating to allow eligible small business taxpayers to deduct domestic research costs directly on their 2024 ...

The Institute sent a letter to officials at the Treasury and the IRS asking for immediate guidance on a provision of the One ...

The Treasury Department and IRS have not yet publicly responded to the AICPA’s letter. Typically, such requests are ...

In its letter, the AICPA said small businesses that have not filed returns for the 2024 filing period face uncertainty about ...

Embracing this disciplined approach will be key to navigating the complex landscape of private company valuations and ...

The regulations, REG-112261-24 and REG-116085-23, focus on non-recognition of gain or loss in corporate separations and multi ...

In a notice issued Tuesday, the IRS said it intends to partially withdraw proposed regulations and issue revised proposed ...

The American Institute of CPAs supports a bill to allow survivors of domestic abuse or spousal abandonment to file their ...

The American Institute of CPAs (AICPA) has announced its support for the bill introduced by Senator John Fetterman that aims ...

Similar to the planned changes in states across the country, the latest edition of the Uniform Accountancy Act includes an ...

Earlier this year, the AICPA filed suit against the IRS to stop the new Annual Filing Season Program. The court has ruled and IRS gets the win (on procedure).