Professional columns and insights from a licensed U.S. CPA. Stay updated on accounting industry trends, firm news, and professional views.
Can the IRS reach property held in a trust to collect a tax debt? Yes — especially for self-settled trusts holding California real estate. The March 2026 ruling in United States v. Huckaby confirmed that an IRS tax lien trust property dispute is governed by where the property sits, not where the trust was formed….
What are the most important IRS and Tax Court updates for CPAs in 2026? Deloitte’s IRS Insights for February 2026 highlights four critical developments: the Tax Court’s narrowed application of the economic substance doctrine, IRS guidance on copies of returns as proof of filing, the Fifth Circuit’s expanded limited partner SE tax exception, and a…
What can you do with an IRS online account, and how does it help tax professionals? An IRS online account gives individual taxpayers 24/7 access to their tax records, payments, refund status, and identity protection tools — and when paired with a tax professional’s Tax Pro Account, it enables fully digital authorizations that replace paper…
California’s AB 1175 is official! This new law is a game-changer for aspiring and practicing CPAs. Find out how it scraps the 150-unit rule, redefines experience, and boosts mobility for out-of-state professionals. If you’re in the accounting world, you’ve probably heard the buzz. For years, the path to becoming a CPA in California (and…
