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Federal Judge Dismisses IRS Lawsuit, Moves Tea Party Scandal to Back Burner

Survey Shows that Pay Raises are Rarer Despite Improving U.S. Economy and Hiring

Richard Asquith Joins Avalara as VP of Global Tax Compliance

How the Net Investment Income Tax Can Bite Your Clients, and How to Get Them Prepared

Northeast U.S. Accounting Firms Arnett and Carbis to Merge

AICPA Names Troy Lewis as Chair of Tax Executive Committee

Five Financial Resolutions for 2015

Media Center

Thomson Reuters Releases Updated Audit Solution for New COSO Framework

October 23, 2014

Thomson Reuters has updated its patented, award-winning PPC’s SMART Practice Aids Audit Suite to provide customers with a focused, integrated, and efficient internal control evaluation tool that is fully compliant with COSO’s new Internal Control...

Data Shows the Best Peforming Business Industries of 2014, Accounting Makes the List

Data Shows the Best Peforming Business Industries of 2014, Accounting Makes the List

October 23, 2014

Accounting practices make the top 10... As the U.S. continues to climb itself out of the economic doldrums, some industries are actually performing quite well. Which ones?

IRS Increases 401k Limitations for 2015

IRS Increases 401k Limitations for 2015

October 23, 2014

The Internal Revenue Service has released the cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015.

IRS Increases 401k Limitations for 2015

IRS Increases 401k Limitations for 2015

October 23, 2014

The Internal Revenue Service has released the cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015.

Social Security Benefits to Increase by $20 in 2015

Social Security Benefits to Increase by $20 in 2015

October 22, 2014

Come January, nearly 60 million Social Security recipients will get benefit increases averaging $20 a month, the third straight year of historically small pay hikes.

Ebola, Energy and Politics Top List of Small Business Owner Concerns

Ebola, Energy and Politics Top List of Small Business Owner Concerns

October 22, 2014

Small business owners have their fair share of issues they need to stay on top of. These days they can add three more to the list.

Teachers' Unions Spend More than Ever in State and Local Elections

Teachers' Unions Spend More than Ever in State and Local Elections

October 22, 2014

Deep-pocketed teachers' unions, hoping to affect education policy at the state and local levels, are expecting to pour more money into those campaigns in the 2014 midterm elections than ever before.

Big Win for the R&D Tax Credit

Big Win for the R&D Tax Credit

October 22, 2014

In a decision that is being hailed as a major win for both small businesses and the R&D Tax Credit, in the case of Suder v. IRS, the U.S. Tax Court has issued a sound rejection of "routine research" and "routine engineering," essentially ...

U.S. Cigarette Maker Goes Smoke-Free in the Workplace

U.S. Cigarette Maker Goes Smoke-Free in the Workplace

October 22, 2014

The maker of Camel cigarettes, Reynolds American Inc., is snuffing out smoking in its offices and buildings.

Bill.com Partners with Intuit to Give Benefits to QuickBooks Pro Advisors

Bill.com Partners with Intuit to Give Benefits to QuickBooks Pro Advisors

October 22, 2014

Online business payment network Bill.com has partnered with Intuit, the maker of QuickBooks, to offer additional benefits to QuickBooks ProAdvisors.

Should Some Businesses Re-Evaluate Their Entity Type because of Obamacare Taxation?

Should Some Businesses Re-Evaluate Their Entity Type because of Obamacare Taxation?

October 22, 2014

As the dust settles on the first tax season under the new Obamacare laws, many closely held business owners are understanding the impact of the increased Medicare tax on earned income and the new tax on net investment income of high-income individuals.

Intuit Partnership with Box Gives QuickBooks Online Accountant Users Free Client Document Sharing

Intuit Partnership with Box Gives QuickBooks Online Accountant Users Free Client Document Sharing

October 22, 2014

Intuit is partnering with cloud-based document storage and sharing provider Box to streamline collaboration between accounting firms and their busineses. Intuit is the maker of QuickBooks, TurboTax and many financial and business management ...

TIAG Conference in Hong Kong Draws Accounting Pros from U.S. and Around the World

TIAG Conference in Hong Kong Draws Accounting Pros from U.S. and Around the World

October 21, 2014

The International Accounting Group (TIAG) will hold its 23rd international conference from October 20 through 22nd in Hong Kong.

Business Hiring and Revenue Expectations Highest Since 2007

Business Hiring and Revenue Expectations Highest Since 2007

October 21, 2014

While optimism for the nation’s economic outlook among U.S. business leaders remained strong at a net balance of 69 percent in third quarter 2014, German optimism plummeted 43 percentage points to just net 36 percent...

Southern California Accounting Firm Moves to Larger San Diego Location

Southern California Accounting Firm Moves to Larger San Diego Location

October 21, 2014

Haskell & White LLP, one of Southern California’s largest independently owned accounting, auditing and tax consulting firms, has moved to a larger location in San Diego that better suits the growing office’s needs. The new office is located in ...

Professionals on the Move – October 21, 2014

Professionals on the Move – October 21, 2014

October 21, 2014

A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.

Salaries on the Rise for Accounting Professionals

Salaries on the Rise for Accounting Professionals

October 21, 2014

To handle new business, public accounting firms are looking to add to their workforce. Many still need to fill positions left vacant during the downturn and take some of the burden off their current teams.

IRS to Miss Goal for Homeland Security Directive on Security

IRS to Miss Goal for Homeland Security Directive on Security

October 21, 2014

The Internal Revenue Service (IRS) will not meet the Department of the Treasury’s 2015 goal for full compliance with a directive requiring Federal agencies to issue identification cards that allow workers to gain access to Federally controlled...

8 Steps Women Can Take to Improve Their Relationship with Money

8 Steps Women Can Take to Improve Their Relationship with Money

October 21, 2014

Do women have different relationships with money than men? Very definitely, yes, says entrepreneur and business coach Meriflor Toneatto.

AICPA Modernizes Non-Audit Standards for Accountants in Public Practice

AICPA Modernizes Non-Audit Standards for Accountants in Public Practice

October 21, 2014

AICPA to introduce Statement on Standards for Accounting and Review Services No. 21 (SSARS No. 21), which is one of the most significant revisions in non-audit standards in the last 35 years.

Citrix Acquires RightSignature for Digital Workflow

Citrix Acquires RightSignature for Digital Workflow

October 21, 2014

Citrix has completed its acquisition of RightSignature, a leading cloud-based electronic signature company located in Santa Barbara, Calif.

Vend Point-of-Sale Adds New QuickBooks Online Integration Features

Vend Point-of-Sale Adds New QuickBooks Online Integration Features

October 21, 2014

The new features include the ability to automatically sync additional sales information from Vend to QBO, including daily register totals by product type as well as cost of goods sold. With this additional data, accountants and retailers get a clear...

Avalara Announces Integration with GoDaddy for Sales Tax Automation

Avalara Announces Integration with GoDaddy for Sales Tax Automation

October 21, 2014

Avalara, which makes cloud-based software for sales tax and other transactional taxes, has partnered with GoDaddy, the world’s largest technology provider dedicated to small businesses. Together, GoDaddy and Avalara will bring simple, affordable sales...

The Tax Benefits of Adopting a Child

The Tax Benefits of Adopting a Child

October 21, 2014

Taxpayers who adopt a child do more than open their hearts – they also open their opportunities to take advantage of tax credits.