May 19, 2014
AICPA Honors Non-Accountant with Highest Award
The AICPA Medal of Honor recognizes an individual who is not a CPA whose work has had a significant impact on the profession. The Medal of Honor is the highest AICPA award for a non-CPA.
May 18, 2014
IRS Gives Up On Tax Preparer Licensing, RTRP Lawsuit
For many years, states and local governments have been trying to rein in unlicensed income tax preparers, and the Internal Revenue Service joined a few years ago with the idea of a national testing and regulatory system that the agency would oversee. So, it created one.
May 14, 2014
The Friendliest Cities for Small Business Workers
Small businesses employ about 47% of non-government workers in the U.S., pay more than 40 percent of the private payroll, and create more than 60 percent of the new jobs added over the past 20 years, according to the U.S. Small Business Administration. However, not all states and cities are the same when it comes…
May 13, 2014
IRS Still Improperly Handling EITC Payments
The Earned Income Tax Credit (EITC) is one of the most widely-used credits by U.S. taxpayers, it's also often mis-used and even thought the Internal Revenue Service has been scolded for its poor management of the EITC, the agency is still lacking.
May 13, 2014
IASB Issues Amendments to Property, Plant and Intangible Asset Accounting Standards
The IASB has clarified that the use of revenue-based methods to calculate the depreciation of an asset is not appropriate because revenue generated by an activity that includes the use of an asset generally reflects factors other than the consumption of the economic benefits embodied in the asset.
May 13, 2014
Accounting Firm Named One of the Best Places to Work
It's not a Big 4 firm, but Crowe Horwath LLP is gaining major recognition, being named as one of the best places to work in the U.S. and by local programs in Florida, Georgia, Illinois, Kentucky, Michigan, New Jersey, Ohio and Texas as well.
May 11, 2014
AICPA Applauds Passage of DATA Act by Congress
“This is an important day for the American taxpayer,” said AICPA President and CEO Barry C. Melancon, CPA, CGMA. “By signing the DATA Act into law, President Obama has paved the way for implementation of a system that will allow each and every one of us to more easily track federal spending data.”
May 9, 2014
Mother’s Day – Mom’s Work Valued at $63k Per Year
Moms are irreplaceable, of course, but how much is a mom's labor worth? Let's hope the IRS doesn't figure out a way to tax it.
May 8, 2014
Small Business Week: IRS Spotlights Healthcare Tax, Home Office Deduction
The IRS will be holding two free webinars for small businesses and encouraging them to check out several key tax benefits and a special relief program for employers who reclassify their workers as employees.
May 8, 2014
Florida, Texas and California Lead in Job Growth
The most populous states in the country topped the list in job growth during April, according to the latest Regional Employment Report from payroll and human resources technology provider ADP.
May 8, 2014
Bitcoin Goes Legit
One of the leading developers of online sales and use tax automation software has developed the first such system to support bitcoin and other virtual online currencies.
May 7, 2014
Toolkit Helps Professionals Promote Internal Audit Awarness Month
The Institute of Internal Auditors is encouraging accounting professionals, organizations and firms around the world to take part in promoting International Internal Audit Awareness month.
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
