Latest Articles

May 6, 2019 

Earn from 1 to 10 hours of CPE in one day online, from the comfort of your office or home. Pick only the webcasts you want, and finish up your CPE requirements before year-end.

May 6, 2019 

The Center for Audit Quality (CAQ) and the Auditing Section of the American Accounting Association (AAA) have made four new awards under the Access to Audit Personnel Program. Now in its seventh year, the program connects academics with audit ...

May 1, 2019 

Small and micro businesses in the U.S. saw significant signs of declining revenue growth in Q1 2019, continuing a downward trend since 2017, with less than 30% saying they plan to hire any new employees or add any subcontractors this year, according ...

May 1, 2019 

In the first four months of 2019 job growth has remained relatively consistent, slowing just 0.03 percent per month to 98.77 in April. Annualized hourly earnings growth in the last quarter was 2.78 percent, higher than April’s rate of 2.50 percent ($0.66)

May 1, 2019 

Wolters Kluwer Tax & Accounting has announced the publication of its “2019 Post-Filing Season Update,” available as a complimentary download through the CCH AnswerConnect online research platform.

May 1, 2019 

Under the Tax Cuts and Jobs Act (TCJA), parents can no longer claim dependency exemptions for qualifying children, effective for 2018 through 2025. But you may be able to offset this loss with certain tax credits.

May 1, 2019 

Starting on April 19, the Self-Correction Program permits the self-correction of certain plan document failures, provides correction options and possible relief from deemed distributions associated with certain failures involving plan loans made to ...

May 1, 2019 

Auditing expense reports requires auditors to closely examine each expense to verify if the correct receipts are attached, and make sure the receipt matches the information input by the employee. This may sound daunting, but this process is essential for catching potential mistakes – or worse, fraud within travel and entertainment (T&E) spend. Catch discrepancies...…

May 1, 2019 

Snipes still owed $23.5 million in back taxes when he was set free. In order to resolve his tax debt, the actor made an OIC of $850,000, or about 4% of the amount he owed.

Ken Berry, JD

May 1, 2019 

The addition of TAXPE’s services, specifically in the area of tax process design and through the team’s extensive Fortune 500 company ASC 740 experience, will enhance BDO’s focus on driving solutions to meet the dynamic needs of corporate tax departments.

May 1, 2019 

The LITC Program is a federal grant program administered by the Office of the Taxpayer Advocate at the IRS, led by the National Taxpayer Advocate, Nina E. Olson. Under Internal Revenue Code (IRC) Section 7526, the IRS ...

April 30, 2019 

The audit risk model is the foundation of any audit. This might seem like CPA 101, but are you correctly applying it to your engagements?