Planning around SSI COLAs; holiday business deductions; complex decisions of inheritance; and other highlights from our favorite tax bloggers. Rated M for Mature Mauled Again (http://mauledagain.blogspot.com/): The prejudice for any consumer picking a merchant has been around since the first cash register rang. It’s also been the content of countless
Just in time for Giving Tuesday, there’s some good news for charities. The tax deduction for charitable giving is undergoing some changes next year thanks to the One Big Beautiful Bill Act, with a new above-the-line deduction for cash donations that may encourage some donations, but also new caps and
Carcaught; a big shank; this order’s definitely to go; and other highlights of recent tax cases. Muskogee, Oklahoma: Michael Anthony Houser, formerly of Broken Arrow, Oklahoma, has been sentenced to 70 months in prison for one count of theft of federal funds and three years for one count of tax
The push toward enterprise innovation and advanced tech isn’t happening in a vacuum. CFOs are facing a convergence of pressures that make digital transformation not just attractive, but essential. The ongoing accountant talent shortage has made it increasingly difficult to attract and retain qualified professionals for finance-related roles. Meanwhile, investor
Indirect tax solutions provider Vertex announced the availability of its Vertex Configuration Agent for Microsoft Dynamics 365 in the Microsoft Marketplace. The solution uses AI to automatically detect updates in source systems (such as new entities, registrations or locations) and proactively applies configuration adjustments before issues arise. “Launching the
Next year is shaping up to be something of a pivotal year for global accounting and tax leaders. A trio of regulatory developments — including IFRS 18, mandatory e-invoicing and the OECD’s Pillar 2 global minimum tax — will open the lid on a potential Pandora’s Box of far-reaching and
The American Institute of CPAs has sent a letter to the Multistate Tax Commission and a related work group recommending changes in their proposed approach to state tax sourcing of partnership income. The AICPA comment letter includes recommendations regarding the approach of the MTC’s draft white paper on partnership structures,
Maner Costerisan, a Regional Leader based in Lansing, Michigan, is expanding its presence in the western part of the state by adding Baker Holtz, based in Grand Rapids, effective Jan. 1, 2026. The two firms signed a merger agreement in late October as part of Maner Costerisan’s five year plan
People want to use AI more effectively, but they’re too busy to learn how. Nearly one in five finance professionals (17%) cite limited time or resources to learn new tools as the top roadblocks to AI adoption, according to a recent survey from finance solutions provider insightsoftware [sic]. This then
Samuel Corum/Bloomberg With the federal government shutdown over, the Internal Revenue Service announced on Friday that it has resumed normal operations. While some functions of the agency — including preparing for the upcoming tax season — had continued throughout the shutdown, most were limited after the first week, and restarting