Brought to you by the American Institute of CPAs
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.
- The difference between money and wealth (January 13, 2026)
- Proposed regulations amend Sec. 3406 backup withholding regulations (January 9, 2026)
- IRS to start accepting and processing tax returns on Jan. 26 (January 8, 2026)
- Electronic filing for business tax returns starts next week (January 7, 2026)
- AICPA calls on IRS to automate Sec. 1033 extension requests (January 6, 2026)
- Proposed regulations provide guidance on car loan interest deduction (January 5, 2026)
- Tax mistakes to avoid in your first year of retirement (January 4, 2026)
- Business standard mileage rate increases for 2026 (January 2, 2026)
- IRS updates FAQs on business interest limitation, premium tax credit (December 23, 2025)
- AICPA proposes changes to independence rules related to private equity (December 19, 2025)
- Corporate Transparency Act, source of Beneficial Ownership Information (BOI) reporting mandate, held constitutional (December 17, 2025)
- Even an expert says: Digital asset reporting creates headaches (December 17, 2025)
- Big changes hit federal student loan program (December 15, 2025)
- IRS clarifies health savings account changes in H.R. 1 in new notice (December 9, 2025)
- Passthrough Entities (PTEs) need more notice of changes, more time to respond, AICPA says (December 8, 2025)
- IRS announces proposed regulations on international tax law provisions in One Big Beautiful Bill Act (OBBBA) (December 5, 2025)
- IRS outlines details for Trump accounts (December 3, 2025)
- Tax Court denies bad-debt deduction (December 1, 2025)
- New regulations reshape 1% stock buyback tax, drop funding rule (December 1, 2025)
- Second Circuit reverses Tax Court’s dismissal of deficiency petition (December 1, 2025)
- Estate’s portability electionheld invalid (December 1, 2025)
- About 1 million taxpayers to get automatic penalty relief next year (November 24, 2025)
- IRS clarifies how employees can claim 2025 tip and overtime deductions (November 21, 2025)
- AICPA warns that merger of IRS offices would ‘confuse’ taxpayers (November 19, 2025)
- Is the IRS just between shutdowns? Former IRS commissioners are worried (November 18, 2025)
- Going into debt for holiday spending? You’re not alone (November 14, 2025)
- Inflation adjustments to retirement account limits issued for 2026 (November 13, 2025)
- Employers get reporting relief on tips, overtime; won’t face penalties for tax year 2025 (November 6, 2025)
- IRS ends Direct File, shifts focus to Free File upgrades and private sector (November 6, 2025)
- Real estate tax changes that advisers need to understand (November 6, 2025)
- Tax Court allows ordinary deduction of termination fees (November 1, 2025)
- Sixth Circuit affirms application of split-dollar regulation (November 1, 2025)
- Frivolous arguments rejected by Tax Court (November 1, 2025)
- Reputation, security, compliance: Why AI risk disclosures are surging (October 29, 2025)
- A guide to the Great Wealth Transfer (October 26, 2025)
- The high cost of increased inflation (October 24, 2025)
- Social Security wage base and COLA announced for 2026 (October 24, 2025)
- Congress passes bill requiring IRS to clarify math error notices (October 22, 2025)
- AICPA seeks IRS guidance on tip, overtime tax deductions for 2025 (October 22, 2025)
- IRS offers relief on car loan interest reporting under H.R. 1 (October 21, 2025)
- The No. 1 mistake that bosses make (October 16, 2025)
- Why you shouldn’t react too quickly to feedback (October 15, 2025)
- Annual inflation adjustments announced for tax year 2026 (October 9, 2025)
- Shutdown concerns, the quest for tax guidance, the future of IRS service (October 8, 2025)
- Job cuts mean strong 2025 tax season may be hard to repeat, IRS watchdog warns (October 2, 2025)
- IRS removes associated property rule in final interest capitalization regulations (October 1, 2025)
- Flowthrough forfeiture loss deduction denied (October 1, 2025)
- IRS fails to meet its burden that a valid notice of deficiency was mailed timely (October 1, 2025)
- Spouse is not entitled to sales proceeds in a judicial sale of taxpayer’s home (October 1, 2025)
- IRS withdraws proposed regulations affecting corporate spinoff transactions (September 30, 2025)
- IRS trims Preparer Tax Identification Number (PTIN) fee as renewal season nears (September 29, 2025)
- IRS shutdown plan: Employees stay on the job for first 5 workdays (September 29, 2025)
- Paper tax refund checks on the way out as IRS shifts to electronic payments (September 24, 2025)
- IRS keeps per diem rates unchanged for business travel year starting Oct. 1 (September 23, 2025)
- Details on IRS proposed regulations on tip income deduction (September 19, 2025)
- Preserving the limitation statute for Employee Retention Credit (ERC) claims (September 16, 2025)
- Private equity and peer review: Proposed change targets consistency (September 16, 2025)
- Credit scores drop at fastest pace since the Great Recession (September 16, 2025)
- IRS releases draft form for tip, overtime, car loan, and senior deductions (September 15, 2025)
- IRS finalizes regulations for Roth catch-up contributions under SECURE 2.0 (September 15, 2025)
- IRS warns taxpayers: Social media advice can lead to costly penalties (September 9, 2025)
- Global tax deal could hurt US companies, says letter requesting OECD guidance (September 8, 2025)
- Treasury posts preliminary list of jobs eligible for no tax on tips (September 4, 2025)
- Maximizing AI’s return on investment (September 1, 2025)
- Taxpayer’s circumstances do not warrant equitable tolling (September 1, 2025)
- Tax Court denies $23 million façade easement deduction (September 1, 2025)
- Draft 2026 Form W-2 includes boxes and codes for tips and overtime (August 28, 2025)
- The habits of 401(k) millionaires (August 24, 2025)
- Powell signals Fed rate cut in September (August 22, 2025)
- Networking and adaptability can make a difference (August 21, 2025)
- Qualified small business stock: The trap for foreign entities restructuring into a US corporation (August 20, 2025)
- Calculating AI’s impact on CPAs: New study quantifies time savings (August 20, 2025)
- IRS should be more transparent when communicating phone service metrics, report says (August 20, 2025)
- In-plan Roth conversions to maximize retirement savings (August 19, 2025)
- Proposed regulations. would modify reporting obligations for Form 8308, Part IV (August 18, 2025)
- 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)
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.
NICHOLAS G. VARDALOS & COMPANY, LLC
CERTIFIED PUBLIC ACCOUNTANT