Taxes July 9, 2026
The IRS on Wednesday announced a new automatic process that will provide penalty relief for taxpayers who have a history of filing and paying their tax debts on time instead of requiring them to request assistance.
September 23, 2020
The basic loan forgiveness tool is included in CPALoanPortal.com, with enhanced functionality now available specifically for CPA firms to support clients more efficiently.
September 23, 2020
The FASB Not-for-Profit Advisory Committee (the Committee) held its semiannual meeting on September 10, 2020. Due to the COVID-19 pandemic, the meeting was held via video conference.
September 23, 2020
As leaders, the first thing you do in times of crisis is to get your arms around your people. You need to ensure that they are safe, informed and confident. Safety and information proved to be the easier topics this week as you listened to the experts.
September 23, 2020
Small Business Week, Sept. 22-24 is a good time for individuals to consider taking the home office deduction if they qualify. The benefit may allow taxpayers working from home to deduct certain expenses on their tax return.
September 23, 2020
The research, conducted during the period that COVID-19 was declared a pandemic and many companies were forced to rapidly shift to remote work, reveals that while nearly half of CFOs have not completed any digital transformation initiatives in ...
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September 23, 2020
The shift from cable to streaming services has taken an enormous bite out of state and local tax collections. To replenish their coffers, state and local governments have developed a patchwork of new streaming-specific taxes that ...
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September 22, 2020
The team estimates that up to 50% of tax and accounting clients will now prefer remote, virtual meetings versus face-to-face. Knowing the pains of using multiple tools and users (with apps like Zoom), they decided to create a ...
September 22, 2020
The flurry of activity at the city and district levels indicates that taxes will continue to play a major role in the post-COVID economy. Future adjustments could take the form of a tax decrease to stimulate economic activity.
September 22, 2020
The relief generally applies to capital gains realized by eligible farmers and ranchers on sales of livestock held for draft, dairy or breeding purposes. Sales of other livestock, such as those raised for slaughter or held for ...
September 21, 2020
The 100% additional first year depreciation deduction was created in 2017 by the Tax Cuts and Jobs Act and generally applies to depreciable business assets with a recovery period of 20 years or less and certain other property.
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September 21, 2020
In this issue of CPA Practice Advisor, we reviewed both document storage and document management systems, with a features chart included with the review.
September 21, 2020
Doc.It Suite www.Doc-It.com From the 2020 reviews of Document Storage and Document Management systems. Doc.It Suite is a robust, scalable document storage and management application that includes a work binder, PDF editor, workflow, an autofiler, and an archive option. While Doc.It Suite is suitable for larger firms, smaller firms may want to consider Doc.It Explore,...…