Crypto cost basis gaps create civil and criminal tax exposure
The IRS can broaden the audit, and, in the wrong fact pattern, frame the issue as deliberate concealment rather than poor recordkeeping.
Governance in a risk era defined by geopolitical uncertainty
Around the world, audit, risk and accounting teams are grappling with rising geopolitical and macroeconomic uncertainty.
Depreciation, recapture and the illusion of tax savings
In practice, depreciation does not eliminate tax cost over time. It merely redistributes it.
How AI can transform your back-office operations
Used correctly, it’s a force multiplier, not a job eliminator.
Beware of tax implications of selling precious metal
Make sure clients know what the government’s share is, before taking gains. Don’t overlook opportunity zones.
How to tackle the rise of AI-generated receipts
Users can log in to free apps like Google Gemini or ChatGPT and create realistic-looking, fraudulent documents — such as fake receipts or invoices — in seconds.
Build the firm of the future right now
As technology, regulation and client expectations evolve in 2026, accounting, tax and wealth management firms will transform into modern, relationship-based practices.
New IRS withholding rules for third-party payments bring relief
Proposed regs from IRS finally address the reporting threshold confusion that has plagued tax practitioners since 2021.
The rise of the ‘peanut butter raise’
Whether accounting firms spread raises evenly or distribute them poorly, they’re still making choices. And those choices have consequences.
Tax Strategy: Proposed regs on the car loan interest deduction
The basics of the car loan interest deduction is that it must be a new vehicle assembled in the United States, with the loan being a first lien on the vehicle.