Taxes July 12, 2026
What the 2026 “Protect Your Clients; Protect Yourself” Campaign Means for Your Firm this Summer
Get ready for next tax season with a real security program instead of a folder that only gets opened when an audit demands it.
July 13, 2020 Sponsored
New Reporting Features in QuickBooks Online Boost Workflow Productivity
Helping clients understand their numbers is a continuous focus for accounting professionals, and while there are several dashboard tools readily available, most of these require additional downloads, setup, and a learning curve.
July 13, 2020
Deloitte Launches U.S. Legal Business Services
The Legal Business Services practice will both incorporate and build on Deloitte’s existing legal department offerings that include legal management consulting and legal managed services designed to help streamline, automate, and ...
July 13, 2020
AICPA Issues Updated Standard on Accounting Estimates and Disclosures for Auditors
SAS No. 143 is one piece of a larger project to enhance audit quality (see the AICPA’s Enhancing Audit Quality Initiative). It enables auditors to address today’s new accounting standards and to enhance the auditor’s focus ...
July 13, 2020
AICPA Comments on IRS Regulations Regarding Beneficiary’s Ability to Claim Excess Deductions
The proposed regulations provide that the excess deductions retain the character they had at the trust or estate level when they are passed through to the beneficiary.
July 13, 2020
MSCPA Joins Business Groups in Committing to Address Racism and Discrimination
A fervent advocate for diversity and inclusion, Amy Pitter, president and CEO of MSCPA, said business leaders have a responsibility to tackle racism in the workplace. “The Society denounces all forms of racism and remains committed to a mission that ...
July 13, 2020
Taxes, Stocks, and Donations: How the Three Fit Together to Save Money
Having the best options for your clients when tax time comes around is part of being a professional CPA. All clients want to decrease tax burden and increase deductions to maximize after-tax income for the year. There are many options available to help in that pursuit, but some are more well-known than others. Charitable donations...…
July 10, 2020
Do You Have a Clear CAAS Vision?
CAAS stands for Client Accounting and Advisory Services. It may be too late for the profession to choose to use this far better name. One of the regrets that I have from the last 35+ years of trying to help CPA firms ...
July 9, 2020
Long Days and Fireflies and How to Help Our Clients
July has always been my favorite month. When July begins, there’s still an endless sea of summer ahead, the days are long, the fireflies twinkle in the evening, and the air is warm.
July 9, 2020
AICPA News: July 2020
AICPA News is a roundup of recent announcements from the association.
July 9, 2020
IRS Finalizes Guidance on Foreign and Global Intangible Income
These final regulations provide guidance on both the computation of the deductions available and the determination of FDII.
July 9, 2020
Felix Lozano Elected to Chair the International Digital Committee for Nexia International
Lozano is the Partner in Charge of Whitley Penn’s Dallas office, Director of the Firm’s Audit department, a member of the Firm’s Executive Committee and Compensation Committee. He is active in both the internal and external growth strategy of the firm.
July 9, 2020
Tax Exempt Orgs Face July 15 Filing Deadline, Too
Tax-exempt organizations that certain forms they file with the IRS are due on July 15, 2020. For organizations that operate on a calendar-year basis, this includes the 2019 Form 990 they would have normally filed on May 15.