Latest Articles

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October 28, 2019 

AICPA to Host Forensic and Valuation Services Conference Nov. 4-6 in Vegas

New technologies, emerging industries and renewed interest in complex financial instruments are among the many issues that will be discussed during the American Institute of CPA’s (AICPA) 2019 Forensic and Valuation Services Conference. The conference, being held Nov. 4-6 at Caesar’s Palace in Las Vegas, offers professionals the opportunity to hone their skills and build...…

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October 24, 2019 

Tax Tips for Family Members Working in a Family Business

One of the advantages of someone running their own business is hiring family members. But when including family members in business operations, certain tax treatments and employment tax rules apply. Here are some facts to know when working with a spouse,

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October 24, 2019 

Employment, Healthcare and Taxes Top Voter List of Key Issues

When asked about the financial issues that will impact voters in the 2020 election, healthcare, employment and taxes stood out as the top three most important, in that order. Experts agreed on health care and employment, but their #3 issue for 2020 is ...

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October 24, 2019 

New Cloud Options from Wolters Kluwer Streamline Audits

Attendees experienced hands-on demonstrations of CCH Axcess Financial Prep, the profession’s first dynamic cloud-based trial balance solution already in market; CCH Axcess Knowledge Coach, a cloud-based digital audit management tool; and CCH Axcess ...

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October 24, 2019 

Time to Renew PTINs for 2020

Anyone who prepares or helps prepare a federal tax return for compensation must have a valid PTIN from the IRS before preparing returns, and they need to include the PTIN as the identifying number on any return filed with the IRS.

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October 24, 2019 

The Tax Benefits of EFTPS for Small Businesses

Many employers outsource to third-party payroll service providers some or all their payroll and related tax duties, such as tax withholding, reporting and making tax deposits. Third-party payroll service providers can help assure filing deadlines and ...

 The Tax Blotter – October 2019

October 24, 2019 

The Tax Blotter – October 2019

Generally, U.S. taxpayers are taxed on income earned abroad, but may claim a foreign earned income exclusion. To qualify, the taxpayer must (1) be a U.S. citizen who is a bona fide resident of a foreign country the entire tax year or physically ...

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October 24, 2019 

Wolters Kluwer Launches Client Collaboration Module

The new CCH Axcess Client Collaboration module saves firms and their clients time when engaging, onboarding, and collaborating throughout the engagement by providing each side with a frictionless experience for all communication, from secure source ...

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October 23, 2019 

Families and Teens Urged to Practice Safe Online Habits

The IRS has joined with representatives of the software industry, tax preparation firms, payroll and tax financial product processors and state tax administrators to combat identity theft refund fraud to protect the nation's taxpayers.