July 16, 2014
Top 10 Tax Tips for Active and Reserve Military
For active and reserve members of the U.S. military, the Internal Revenue Service has released a list of tax tips that cover the tax issues and benefits specific to those in uniform.
July 15, 2014
AICPA Sues the IRS Over Voluntary Income Tax Preparer Program
America's largest professional organization of tax and accounting professionals has had enough with the IRS.
July 15, 2014
New CEO Announced for Crowe Horwath LLP
The national public accounting and consulting firm Crowe Horwath LLP has announced that, effective April 1, 2015, James Powers will assume the role of CEO.
July 15, 2014
Are There Enough IPOs to Accelerate Growth in Middle Market?
A new report shows that even though IPOs have increased this year, too few are on track for the rest of 2014.
July 15, 2014
FASB Simplifies Inventory Management Guidelines
As part of an initiative towards simplifying accounting standards, the Financial Accounting Standards Board (FASB) has issued two proposed updates that are meant to ease the measurement of inventory and eliminate the requirements for extraordinary items
July 14, 2014
Free CPE Webcast to Look at Data Management for Accounting Firms
Learn effective data management strategies for optimizing client performance.
July 12, 2014
Texas Back-to-School Sales Tax Holiday Has Strange List of Exempt Items
Earlier this year, the Texas state legislature voted to create a sales tax holiday that will coincide with the back-to-school time frame. The state has had a back-to-school sales tax holiday each year since 1999.
July 11, 2014
Intuit CEO Brad Smith Discusses Small Business Finances with President Obama
Brad Smith, the CEO of Intuit, which makes QuickBooks, TurboTax and many other personal and small business management systems, met with President Barack Obama on Friday to discuss how big business and government can work together to support small business. Smith joined other leading executives at a roundtable discussion during which the companies will champion…
July 11, 2014
National Society of Accountants Announces 2014 Scholarship Winners
A total of 33 students have earned scholarships from the National Society of Accountants (NSA) Scholarship Foundation. Together, they will receive $34,450 in scholarship awards.
July 10, 2014
Mortgage Rates Rise Slightly on Jobs Report
Mortgage rates increased slightly following an improved jobs report from the Labor Department, according to mortgage news and comparison site, Bankrate.com. the benchmark 30-year fixed mortgage rate rising to 4.31 percent, and the average 30-year fixed mortgage has an average of 0.33 discount and origination points.
July 10, 2014
FASB Seeks Changes to Simplify GAAP
As part of a new initiative to reduce complexity in accounting standards, the Financial Accounting Standards Board (FASB) has added two short-term projects to its agenda to simplify Generally Accepted Accounting Principles (GAAP).
July 10, 2014
Report Says IRS Should Revise Form 1040
A new report by the agency that oversees the Internal Revenue Service says it's time to revise the ubiquitous Form 1040, the form used by individual taxpayers to report their annual income.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
