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Accounting firms have a strong hiring outlook this year, with three-in-four of those that recruited new staffers in 2024 indicating plans to hire the same amount or more in 2025, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms.
View MoreThe Social Security Administration (SSA) recently announced that individual taxable earnings of up to $184,500 annually will be subject to Social Security tax in 2026.
View MoreThe Internal Revenue Service today issued frequently asked questions in Fact Sheet 2025-08 regarding the dollar threshold for filing Form 1099-K under the One, Big, Beautiful Bill.
View MoreThe U.S. Senate recently passed the Internal Revenue Service Math and Taxpayer Help Act, H.R. 998.
View MoreThe Department of the Treasury and the Internal Revenue Service today provided transitional guidance for businesses required to report car loan interest under the One, Big, Beautiful Bill.
View MoreThe Tennessee Society of CPAs (TSCPA) is pleased to announce that Gov. Bill Lee has signed a proclamation designating November as Accounting Opportunities Month in Tennessee to raise awareness of the value of the profession and the career opportunities available in accounting.
View MoreThe Internal Revenue Service today announced the tax year 2026 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes.
View MoreIn a notice to employees posted on its website, the IRS announced it began an agency-wide furlough on Oct. 8, 2025, and that most of its operations have closed due to the federal government shutdown.
View MoreThe Department of the Treasury and the Internal Revenue Service today issued guidance providing deposit penalty relief for the first three quarters of 2026 to remittance transfer providers.
View MoreThe Department of the Treasury and the Internal Revenue Service today issued guidance on Qualified Opportunity Zone investments in rural areas as provided for under the One, Big, Beautiful Bill.
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