Latest Articles

December 2, 2019 

In January, you entered the ring for your clients to go toe-to-toe with their biggest financial challenges — and quarter after quarter, you flew like a butterfly and stung like a bee. But now, with the bout reaching the final rounds, you need to make ...

Jodi Chavez

December 2, 2019 

The addition of Skoda Minotti’s talent, industry expertise, breadth of services, and sophistication in delivery will provide Marcum’s clients additional geographic reach, a wider range of expertise, service offerings, and improved client experience.

December 2, 2019 

States can source sales by the location of the seller (the origin of the sale, aka origin sourcing), or the location where the consumer receives the item or service (the destination of the sale, aka destination sourcing). Most states use destination ...

Gail Cole

December 1, 2019 

The Tax Blotter is a round-up of recent tax news, rulings and related information from the IRS.

December 1, 2019 

Revenue Procedure 2019-48, posted on IRS.gov, updates the rules for using per diem rates to substantiate the amount of ordinary and necessary business expenses paid or incurred while traveling away from home. Taxpayers are not required to use a method...

December 1, 2019 

The hype around Black Friday and the holiday shopping season seems to always start earlier and promote bigger bargains. Motivated shoppers in the U.S. spent more than $700 billion during last year’s holiday season, according to the National Retail ...

December 1, 2019 

One of the first and most frequent questions that tax preparers hear each year from their clients is: When will I get my tax refund from the IRS? We have the answer (estimated) in a simple chart below.

December 1, 2019 

The global conversation around digital services tax has been heating up since France introduced its 3% tax on large U.S.-based global tech companies. Without waiting for a unified plan from the Organization for Economic Co-operation and Development ...

November 26, 2019 

As the year winds to a close, tax professionals have the opportunity to look at their clients’ tax situations to identify tax savings or deferral options that may help decrease their tax liability.

Mike D'Avolio

November 26, 2019 

To ensure the relevance of CPAs and the CPA profession, it is time to look beyond the traditional tax, accounting, and audit services—what we refer to as compliance services—that CPAs have built their reputations on.

November 25, 2019 

As a new study notes, this probably reflects concerns about the amount of time board service entails, concerns that "are exacerbated when one considers that a CFO who serves on an outside board is likely to be a member of the audit committee, which is ...

November 22, 2019 

The American Institute of CPAs has issued recommendations to the Internal Revenue Service (IRS) regarding the calculation of unrelated business taxable income (UBTI) under section 512(a)(6) of the Tax Cuts and Jobs Act (TCJA).