accounting tech - Tax Columbus

Trump Administration Eases Recordkeeping for Tax-Exempt Red Diesel to Combat High Fuel Costs

The Trump administration is implementing temporary relief from recordkeeping requirements for businesses purchasing tax-exempt red diesel, a strategic move aimed at alleviating high diesel prices and encouraging wider adoption of…

Navigating the Frontier: Ensuring AI’s Safe Integration into Accounting Practices

Artificial intelligence is rapidly transforming the landscape of accounting, ushering in an era of unprecedented efficiency and automation. From drafting routine client communications and summarizing complex IRS notices to generating…

Intuit Re-launches Credit Karma Tax, Offering Free Federal and Flat-Rate State Filing with AI-Powered Assistance

Global financial technology giant Intuit has announced the re-launch of Credit Karma Tax, a move that reintroduces a significant player into the competitive landscape of do-it-yourself tax preparation. The service…

The Federal Deduction Dilemma: Navigating State Tax Divergences for Heavy Asset Purchases

Every December, tax preparers grapple with a recurring challenge: a client’s purchase of a substantial SUV or significant piece of equipment before the year-end. While the federal deduction is often…

IRS Initiates Adoption Tax Credit Carryforward Refunds for Over 50,000 Taxpayers

The Internal Revenue Service (IRS) has commenced the distribution of refunds to more than 50,000 taxpayers who are eligible for the adoption tax credit carryforward. This initiative, expected to conclude…

The Top 10 Concerns for Public Accounting Firms in 2027

Phew, another tax season done! Yay! And for many of you, this was a tough one (I hear you, Marty)! Because of personal circumstances, I’ve had more time with my…

Squire Leaders Honored by Utah Association of CPAs for Distinguished Contributions

Squire, a prominent firm recognized among the INSIDE Public Accounting top 200, has announced that three of its distinguished leaders – CEO Jonyce Bullock, Southern Region Managing Partner Phillip Peine,…

Brian Pollack Appointed Managing Partner of Lanigan Ryan

Brian Pollack has been named the new managing partner of Lanigan Ryan, a distinguished accounting firm that has consistently been recognized among the INSIDE Public Accounting (IPA) top 300 firms.…

Aldridge Borden Welcomes Corey Savoie as New CEO, Embarks on Strategic Growth Initiative with Venning Partnership

Aldridge Borden, a distinguished accounting firm recognized among the INSIDE Public Accounting top 400 firms and headquartered in Montgomery, Alabama, has officially announced a significant leadership transition and strategic expansion.…

Beyond the Tax Calculation: Navigating Complex Financial Decisions for Executives and Affluent Families

A technology executive finds herself at a critical juncture, contemplating the sale of $2 million in employer-issued stock. The immediate question posed to her Certified Public Accountant (CPA) is whether…