Brought to you by the American Institute of CPAs

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Founded in 1887, the AICPA represents the CPA profession nationally regarding rule-making and standard-setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations. The AICPA develops standards for audits of private companies and other services by CPAs; provides educational guidance materials to its members; develops and grades the Uniform CPA Examination; and monitors and enforces compliance with the profession’s technical and ethical standards.

The AICPA’s founding established accountancy as a profession distinguished by rigorous educational requirements, high professional standards, a strict code of professional ethics, a licensing status and a commitment to serving the public interest.

• Stop treating compensation as a cost  (August 13, 2025)
  
• The No. 1 risk to retirement – and one way to guard against it  (August 13, 2025)
  
• IRS clarifies that Appeals case memos should be shared with taxpayers upon request  (August 12, 2025)
  
• Date to start filing season not set despite IRS commissioner’s comment  (August 5, 2025)
  
• IRS includes several AICPA recommendations in corporate AMT interim guidance  (August 4, 2025)
  
• The No. 1 obstacle to saving for retirement  (July 29, 2025)
  
• IRS advises of Tuesday deadline to maintain Business Tax Account access  (July 25, 2025)
  
• Dealing with natural disasters: IRS relief efforts leave some wanting  (July 24, 2025)
  
• Conditional love: What to leave out of a will  (July 17, 2025)
  
• Social Security recipients could receive 2.7% raise  (July 15, 2025)
  
• Congress passes act allowing tax relief when a state declares disaster  (July 14, 2025)
  
• AICPA: Guidance needed on catch-up contributions under Roth mandate  (July 10, 2025)
  
• IRS: Churches don’t risk not-for-profit status by endorsing politicians  (July 8, 2025)
  
• Tax Court denies limited-partner exception to self-employment tax  (July 1, 2025)
  
• IRS withdraws proposed regulations governing built-in losses and gains  (July 1, 2025)
  
• Delaying Social Security benefits is still smart  (June 30, 2025)
  
• Tax provisions in the One Big Beautiful Bill Act  (June 29, 2025)
  
• AICPA proposes changes to Senate bill that would help most US businesses  (June 25, 2025)
  
• 2025 reconciliation chart: Key tax provisions  (June 22, 2025)
  
• Lessons from a CPA whose firm delivered a ‘textbook response’ to data breach  (June 18, 2025)
  
• Tax provisions of Senate Finance’s version of the budget bill  (June 17, 2025)
  
• IRS provides additional transition relief for certain digital asset brokers  (June 13, 2025)
  
• Supreme Court: Tax Court lacks jurisdiction after removal of levy  (June 13, 2025)
  
• The proposed previously taxed earnings and profits (PTEP) rules: Tax basis considerations under Sec. 961  (June 11, 2025)
  
• Make an estate plan, then change it  (June 10, 2025)
  
• IRS budget request cuts 20% of employees in 2026, increases phone help  (June 9, 2025)
  
• Choosing the right annuity path for clients  (June 9, 2025)
  
• Automatic accounting method changes list updated by IRS  (June 9, 2025)
  
• Avoiding inherited IRA pitfalls  (June 5, 2025)
  
• AICPA publishes additional resources in push to preserve PTET SALT deduction  (June 4, 2025)
  
• Simplified method to determine corporate alternative minimum tax (AMT) applicable status issued  (June 3, 2025)
  
• Disregarded-payment-loss rules: How multinationals should prepare  (June 3, 2025)
  
• Business networking organization denied tax-exempt status  (June 1, 2025)
  
• IRS did not concede taxpayer’s self-employment tax liability  (June 1, 2025)
  
• Form 1065: Pay attention or pay up  (June 1, 2025)
  
• House passes budget reconciliation bill with changes to tax provisions  (May 22, 2025)
  
• IRS reduces user fee for estate tax closing letters  (May 16, 2025)
  
• Incentives for solar power generation systems  (May 14, 2025)
  
• Ways and Means approves proposed Tax Cuts and Jobs Act (TCJA) extensions and tax changes  (May 13, 2025)
  
• 5 steps to better estate planning  (May 12, 2025)
  
• Revenue agents who conduct audits lead IRS job losses  (May 7, 2025)
  
• Qualified charitable distributions reporting just got easier  (May 5, 2025)
  
• White House budget proposal includes almost $2.5 billion in IRS cuts  (May 2, 2025)
  
• Health Savings Account (HSA) inflation-adjusted maximum contribution amounts for 2026 announced  (May 1, 2025)
  
• AICPA comments on proposed regulations on new transfer-pricing method  (April 29, 2025)
  
• How to minimize taxes on Social Security benefits  (April 28, 2025)
  
• Key considerations for rolling over a Roth 401(k)  (April 23, 2025)
  
• 401(k) contribution limits estimated to get $1,000 boost  (April 23, 2025)
  
• The role of auto-IRAs in a retirement savings surge  (April 22, 2025)
  
• How to protect your savings from tariff volatility  (April 20, 2025)
  
• Basis-shifting transaction-of-interest regulations to be removed  (April 18, 2025)
  
• How to spot and handle financial trauma  (April 17, 2025)
  
• Roth 401(k) limits and rules for 2025  (April 15, 2025)
  
• Uniform nonresident state income tax, withholding rules get AICPA support  (April 11, 2025)
  
• How tariffs could affect your clients’ finances  (April 9, 2025)
  
• Social Security Administration updates info on anti-fraud measures  (April 9, 2025)
  
• Senate approves budget framework that includes tax cuts  (April 5, 2025)
  
• Using tax incentives as a revenue source  (April 1, 2025)
  
• What US investors need to know about living in Europe  (April 1, 2025)
  
• Beyond the forms: The tax return as a beacon for financial planning  (March 31, 2025)
  
• IRS announces program to fight financial tech crimes  (March 28, 2025)
  
• IRS fixes electric vehicle tax credit glitch  (March 28, 2025)
  
• Beneficial Ownership Information (BOI) reporting changes don’t affect Corporate Transparency Act (CTA's) constitutionality, filing says  (March 27, 2025)
  
• Supreme Court limits bankruptcy power to recoup older tax payments  (March 26, 2025)
  
• Student loan borrowers could face credit score hit  (March 26, 2025)
  
• Beneficial Ownership Information (BOI) filing requirements for US companies, persons removed  (March 21, 2025)
  
• Higher threshold for Form 1099-K reporting among AICPA priorities  (March 18, 2025)
  
• The 4% rule creator reveals the new safe retirement withdrawal rate  (March 16, 2025)
  
• IRS Sec. 174 Amortization Enforcement: Are You Ready?  (March 11, 2025)
  
• New rules for repaying Social Security benefits  (March 10, 2025)
  
• The 'Die With Zero' Rule of Retirement  (March 5, 2025)
  
• The top 401(k) mistake to avoid  (March 4, 2025)
  
• Social Security Expansion Act would bump yearly benefits  (March 3, 2025)
  
• Treasury says it won’t enforce beneficial ownership information (BOI) fines or penalties against U.S. citizens, businesses  (March 3, 2025)
  
• Frozen digital asset rewards constitute gross income  (March 1, 2025)
  
• Fifth Circuit affirms denial of accountable care organization’s tax exemption  (March 1, 2025)
  
• Phish, smish, and spear phish: IRS releases 2025’s Dirty Dozen  (February 27, 2025)
  
• How To Generate Income From Charitable Giving  (February 25, 2025)
  
• Creating pensions out of life insurance  (February 21, 2025)
  
• Final regulations address taxes on gifts to taxpayers from ex-U.S. citizens, residents  (February 17, 2025)
  
• Six strategies for reducing taxes in retirement  (February 14, 2025)
  
• Beneficial ownership information (BOI) reporting deadline extension passes US House  (February 12, 2025)
  
• Lower auto depreciation limits issued for first time in at least 3 years  (February 12, 2025)
  
• 4 potential tax changes you should know  (February 11, 2025)
  
• Beneficial ownership information (BOI) penalties increase while reporting rules remain on hold  (February 7, 2025)
  
• IRS Issues Final Regulations on Tax of Transfers from Covered Expatriates to U.S. Residents  (February 5, 2025)
  
• IRS delays resignation offer for critical tax season workers  (February 5, 2025)
  
• Taking required minimum distributions (RMDs) without prematurely depleting assets  (February 3, 2025)
  
• Frivolous-tax-return penalty sustained  (February 1, 2025)
  
• Avoid tax traps from the Social Security benefits bump  (January 28, 2025)
  
• Financial planning aspects of unretiring  (January 27, 2025)
  
• Be aware of changes to family tax credits  (January 21, 2025)
  
• The benefits of choosing a financial planning niche  (January 21, 2025)
  
• Inherited IRA opportunities and challenges  (January 21, 2025)
  
• Seven must-know items about tax-exempt gifting  (January 21, 2025)
  
• Final regulations address taxes on gifts to taxpayers from ex-U.S. citizens, residents  (January 17, 2025)
  
• What you should know about the IRS stimulus check  (January 16, 2025)
  
• IRS testing changes to alternative dispute resolution programs  (January 16, 2025)
  
• Proposed regulations address expanded annual compensation deduction limitation  (January 15, 2025)
  
• Proposed regulations issued for spinoff transactions and their reporting  (January 15, 2025)
  
• The IRS issued final regulations (T.D. 10029) that identify microcaptive transactions as reportable transactions  (January 14, 2025)
  
• Treasury and the IRS issued proposed regulations address 401(k), 403(b) automatic enrollment requirement  (January 13, 2025)
  
• IRS announces start date for tax filing season  (January 10, 2025)
  
• IRS issues proposed regulations on catch-up contributions  (January 10, 2025)
  
• Key Tax Figures for 2025  (January 8, 2025)
  
• Unresponsive client? Try a different approach  (January 7, 2025)
  
• Alternative methods allowed for identification of digital assets  (January 3, 2025)
  
• Tax season 2025 preview  (January 1, 2025)
  
• Filing season quick guide — tax year 2024  (January 1, 2025)
  

                 NICHOLAS G. VARDALOS & COMPANY, LLC​

                                     CERTIFIED PUBLIC ACCOUNTANT

YOUR TRUSTED ADVISOR

Nicholas G. Vardalos & Company is a full service accounting firm serving clients throughout the Chicago metropolitan area, northwest Indiana and southwest Michigan.

CPA News 2025