Latest federal and state news articles
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ArticleTax & AccountingDecember 26, 2024
BOI Reporting Deadlines Extended by FinCEN Following Stay of Nationwide Injunction
On December 23, 2024, the Financial Crimes Enforcement Network (FinCEN) announced significant updates to the reporting deadlines for the beneficial ownership information (BOI). -
ArticleTax & AccountingNovember 26, 2024
SEC Chair Gensler to depart agency
The SEC announced that SEC Chair, Gary Gensler, will step down from the agency effective at 12:00 p.m. on January 20, 2025. -
ArticleTax & AccountingNovember 26, 2024
FASB issues accounting guidance for induced conversions of convertible debt instruments
An amendment has been issued in the ASU and is effective for annual reporting periods beginning after December 15, 2025, and interim reporting periods within those annual reporting periods -
ArticleTax & AccountingNovember 26, 2024
2024 Year-End Tax Briefing
Read the latest tax briefing recapping the year's tax policy changes
The AI-enabled digital tax workflow
Advanced technologies at work
The power of AI: What accounting and tax professionals need to know
Artificial intelligence (AI) is constantly evolving, and keeping up with the latest advancements is key for accounting and tax professionals to work smarter and gain a competitive edge.
5 ways AI will improve your firm’s tax workflows in the near future
AI technologies are set to bring about significant improvements in the workflows of accounting firms. Here are five ways AI will improve your firm's tax workflows.
Empowering tax and accounting professionals with AI-enabled technology
From simplifying tax preparation and enhancing reporting capabilities to enabling strategic decision-making and fostering innovation, AI-enabled tools are empowering accounting professionals to work smarter and more efficiently.
Explore the AI-enabled digital tax workflow
Leveraging AI-based technologies like computer vision and machine learning in a digital tax workflow reduces data entry and other inefficient manual processes. AI-enabled tax features include automated data ingestion, smart scanning, grouping patterns and predictive suggestions.
Tax technology news and updates
Maximize efficiency during busy season
Tips and tricks for the best tax season support
During tax season, every minute counts. If you aren’t confident that you’re getting the best tax season support, you’ll spend too much time looking for information and second-guessing the answers to your questions.
What's new with CCH Axcess™ Tax
This year, CCH Axcess customers will experience faster workflows, improved efficiency and greater support. Learn more about the latest enhancements to the only cloud-based tax compliance and workflow software.
Keep up with tax preparation demands by minimizing software disruptions
Many firms struggle with downtime and delays because of outdated technology. However, technology upgrades don’t have to be massive to be effective.
Digital tax workflow tips and tricks
When it comes to tax compliance, accuracy and comprehensiveness are extremely important. However, the forms and calculations are only part of the equation. Efficiency and convenience are what really sets a tax compliance system apart.
Tax technology white papers and eBooks
Technology for the lifecycle of a growing firm
Written by Arianna Campbell of Boomer Consulting, this white paper offers a 7‑step guide to choosing technology, and it even includes a “project hopper” template firms can use to help evaluate and prioritize their technology needs.
eBook: How Tax & Accounting Firms Supercharge Efficiency with a Digital Workflow
With an integrated, digital tax workflow, firms can automate much of the data collection and input tasks that take up so much time.
eBook: 10 must-have tax software features
To deal with faster change and overcome resource challenges, tax and accounting firms need technology that automates the tax workflow, saves time, and creates a better client experience. To leverage the greatest value from tax software, it’s essential to consider the needs of your firm, preparers, and clients.
eBook: The Professional Tax Software Buyer's Guide for Traditional CPA Firms
To minimize disruption, firms should evaluate technology with the future in mind. The right system will be able to accommodate the firm’s current workflows but can also flex into more automated, high-efficiency workflows when the firm is ready.
Tax software update webinars
On-demand webinars to help you get the most out of CCH Axcess™ Tax or CCH® ProSystem fx® Tax.
Tax prep outsourcing
Address staffing challenges and free up time during the busiest part of the year by outsourcing.
Train staff to succeed
Find a training program that can help your staff operate at maximum efficiency.
Stock up on supplies
Get the presentation covers and folders you’ll need to leave a lasting impression.
Tax Talks LIVE: Tax season readiness webinars
Tax Talks LIVE — a series of weekly webinars that focus on providing CCH Axcess Tax and CCH ProSystem fx Tax customers with current news, tips, best practices and valuable information for 2024 and beyond.
Tax Season Resource Kit
Set yourself up for success this tax season with Wolters Kluwer's Tax Season Resource Kit. This kit is your go-to for quick reference tools, expert insights and additional resources needed to prepare accurate returns this tax season.
Here is what's inside:
CCH® AnswerConnect
14 Days of complimentary access
Self-study CPE course
Gain complimentary access to a self-study course
Resource Card
2025 Depreciation Key Facts and Figure
Tax Briefing
2024 Year-in-Review
Tax Briefing
2025 Federal Key Facts & Figures
ATX™
Tax compliance software trial access
Wolters Kluwer's Future Ready Accountant Report
Trends and strategies for navigating AI, talent, and technology in the new era of accounting.
Client Letters
Pre-written Client Letters on critical topics
Create work-life harmony - Intro
Amy Vetter is a transformational business keynote speaker, CEO, author, and host of the podcast, Breaking Beliefs. She brings her unique perspective as a CPA, Yogi, and Technologist to audiences and has authored multiple books, including Disconnect to Connect and Business, Balance & Bliss. For inspiration, follow her @AmyVetterCPA
Create work-life harmony - Intro
Create work-life harmony - Introduction
Amy Vetter is a transformational business keynote speaker, CEO, author, and host of the podcast, Breaking Beliefs. She brings her unique perspective as a CPA, Yogi, and Technologist to audiences and has authored multiple books, including Disconnect to Connect and Business, Balance & Bliss. For inspiration, follow her @AmyVetterCPA.
Create work-life harmony - Breath work
Harness the power of your breath. In this video, Amy Vetter guides us through a simple yet powerful mindfulness exercise that you can easily incorporate into your daily routine. Slow down and center yourself in just three simple steps.
Create work-life harmony - Breath work
Create work-life harmony - Breath work
Harness the power of your breath. In this video, Amy Vetter guides us through a simple yet powerful mindfulness exercise that you can easily incorporate into your daily routine. Slow down and center yourself in just three simple steps.
Create work-life harmony - Chair yoga
See how these simple chair yoga poses with Amy Vetter can help you reenergize and sharpen your focus. By centering yourself through mindful movements, you'll tap into a renewed sense of concentration during work.
Create work-life harmony - Chair yoga
Create work-life harmony - Chair yoga
See how these simple chair yoga poses with Amy Vetter can help you reenergize and sharpen your focus. By centering yourself through mindful movements, you'll tap into a renewed sense of concentration during work.
Create work-life harmony - Guided Meditation
Unwind and find clarity in the midst of a chaotic busy season. Join Amy Vetter as she guides you through a brief guided mindfulness meditation.
Create work-life harmony - Guided Meditation
Create work-life harmony - Guided meditation
Unwind and find clarity in the midst of a chaotic busy season. Join Amy Vetter as she guides you through a brief guided mindfulness meditation.
Create work-life harmony - Mantras and mudras
Mudras and mantras are two powerful tools used in meditation practices. Mudras are hand gestures used to reconnect with the body, while mantras are short phrases or sounds chanted to focus the mind and connect with the inner self. Follow along with Amy as she demonstrates how to use mudras and mantras to re-center yourself and become present again to the work at hand.
Create work-life harmony - Mantras and mudras
Create work-life harmony - Mantras and mudras
Mudras and mantras are two powerful tools used in meditation practices. Mudras are hand gestures used to reconnect with the body, while mantras are short phrases or sounds chanted to focus the mind and connect with the inner self. Follow along with Amy as she demonstrates how to use mudras and mantras to re-center yourself and become present again to the work at hand.
More tax season analysis
Find more complimentary tax and accounting information with CCH® CPELink webinars
Must-have publications this tax season
U.S. Master Tax Guide®
Cross-referenced with other tax law sources, this edition is a reliable resource on updated tax needs, regulations, guidance, and more.
U.S. Master Depreciation Guide
A one-stop resource for guidance in understanding and applying the complex depreciation rules to their fixed assets.