Surviving the Second Busy Season Scaries Between late documentation and procrastinating clients, it’s no wonder the April tax deadline is ghastly. But why does a second busy season haunt CPAs in October?

Expanding Real Estate ROI With 1031 Exchanges Property owners and real estate investors—and their advisors—have a lot to gain by diving into 1031 exchanges, DSTs, and the Internal Revenue Code.

Opportunity Zones: Hidden Gems in the Tax Cuts and Jobs Act Newly created “Opportunity Zones” may bring a breath of fresh air to the Illinois economy while giving blighted communities a badly needed boost.

How to Talk About Tax Extensions For many CPAs, tax season doesn’t end in April, which means knowing how to talk to clients about tax extensions is a must.

The IRS Is Coming for Your Passport IRS Notice CP508C can put an end to taxpayer travels. Here's how to help your tax delinquent clients.

Decoding the Democrats’ Sweep What’s in store for Illinois tax policy after Democrats sweep November’s election?

Falling Into Tax Planning Season With the end of the year approaching, tax and financial planners have some important issues to consider before their clients come calling.

Is the New IRS Form 1040 Still too Taxing? Billed as a “postcard-sized” sheet that’s more user-friendly, does the revised IRS Form 1040 make a difference for taxpayers and preparers?

Grappling With Graduated Income Taxes Let’s decode the math behind proposed graduated income tax plans.

Tax Reform’s Implications on Illinois The full impacts of federal income tax reform on Illinois taxpayers are just coming into focus.

The Risks and Rewards of Cryptocurrencies The accounting profession must mull the future as more consumers and businesses turn their cash into cryptocurrencies.

Cashing in With Tax Reform Tax law changes make early saving for education expenses all the more enticing.

The CPA's Guide to Cryptocurrencies Unfamiliar with cryptocurrencies? You’ll need to be, as all signs point to them becoming more prominent in the market.

What's Your Business Really Worth? Business owners looking to sell must be mindful of these business valuation factors.

Illinois Independent Tax Tribunal: An Interim Report Insights into the agency’s operations and transparency.

Breaching Tax Season Taxpayers and tax preparers alike may soon face whether their identifying information has been stolen—and used to steal a lot more.

The Bitcoin CPA? There’s opportunity for CPAs in the IRS’ crackdown on cryptocurrencies.

Getting Ahead of Tax Time These year-end financial considerations can help you manage your coming income tax bill.

Accounting for AI IBM’s Watson tackles audit and tax as artificial intelligence takes on the accounting world.

A Tax on Services? Illinois budget woes set the bar for expanding the tax base.