Latest Articles

4CommonMyths2

November 10, 2019 

Are You Spending Too Much Time on PBC Request Lists?

Every culture or group has its own set of myths. Accounting and audits are no different. Some myths are good; they help bring people together and distill complex concepts into relatable terms. And some myths aren’t as good; they reinforce ideas that ...

tax-refund1_10916239

November 7, 2019 

The Top 4 IRS Income Tax Credits for 2020

With the tax filing season quickly approaching, the Internal Revenue Service recommends taxpayers take time now to determine if they are eligible for important tax credits.

IRS_logo

November 7, 2019 

IRS Announces Tax Inflation Adjustments for 2020

The tax law change covered in the revenue procedure was added by the Taxpayer First Act of 2019, which increased the failure to file penalty to $330 for returns due after the end of 2019. The new penalty will be adjusted for inflation beginning with ...

2019-ITA-Logo-Full1[1]

November 7, 2019 

ITA Announces New Members at Fall Meeting

The Information Technology Alliance (ITA) recently announced its new member firms during this week’s ITA Fall Collaborative in San Antonio. The ITA is an independent membership association of leading mid-market technology professionals, consultants and...

tax-1351881_960_720_pixabay 905513

November 6, 2019 

Talking to Clients About Year-End Tax Planning

The leaves are changing, the kids are off to school and 2020 is right around the corner — what better time to consider your year-end tax planning? We know that the elimination of familiar tax planning strategies under the Tax Cuts & Jobs Act (TCJA) as ...

cpa_2020 MediaKit

November 6, 2019 

2020 CPA Practice Advisor Media Guide

2020 Media Kit CPA Practice Advisor is the definitive resource for information to tax and accounting professionals in public practice.Build awareness, engagement and sales leads by reaching the decision makers at small, mid-size and large public tax and accounting practices.  Download

retirement_accounts

November 6, 2019 

401(k) Contribution Limit Increased to $19,500 for 2020

Taxpayers can deduct contributions to a traditional IRA if they meet certain conditions. If during the year either the taxpayer or his or her spouse was covered by a retirement plan at work, the deduction may be reduced, or phased out, until it is ...