Latest Articles

May 7, 2018 

Accountants are being pulled in to the trend of the online marketplace. The ease offered by online ecommerce platforms means even small clients can suddenly be mired in complexities of multistate tax rules from their very first sale.

Michael T. Dillon

May 7, 2018 

Withdrawing from the North American Free Trade Agreement would cost retailers and consumers up to $16 billion a year and lead to the loss of 128,000 retail-related jobs over the next three years, according to an AT Kearney study released today that ...

May 7, 2018 

If several members of Congress get their way, the sun won’t stop shining on a slew of tax breaks passed last year as part of the Tax Cuts and Jobs Act (TCJA).

May 7, 2018 

With National Hurricane Preparedness on May 6-12, 2018, the IRS is offering a special toll-free hotline for those in federally-declared disaster areas, staffed with IRS specialists trained to handle disaster-related issues.

May 7, 2018 

`What can get lost to us professionals is Small Business Week. The Internal Revenue Service has produced You Tube Videos depicting Small Business Deductions. Not to be outdone the National Association of Enrolled Agents (NAEA) has released their own ...

Craig Smalley

May 7, 2018 

The new tax law has opened so many tax planning opportunities, that it isn’t funny. We have created a situation where we can not only pay for and deduct our own health insurance, we can have Health Reimbursement Accounts (HRA), which we can put as much...

Craig Smalley

May 7, 2018 

The emails always start the same. I’ve read your article in whatever publication. They say that I think differently, and want to talk to me. Like an idiot, I talk to them, and five minutes into the conversation, I am wondering why I took this call.

May 7, 2018 

I’ve been going through the complicated formula for calculating this deduction. First of all there is an adjusted gross income (AGI) limitation to the deduction. Not to mention the deduction is below the line. What could possibly be the reason to ...

May 7, 2018 

A flash poll conducted by Baker Tilly Virchow Krause, LLP (Baker Tilly) indicates more than 40 percent of banking institutions that must adhere to the Federal Deposit Insurance Corporation Improvement Act (FDICIA) within the next year are behind ...

May 7, 2018 

After forty-eight hours, teams present their innovation to a panel of judges that span from Wolters Kluwer executives, customers and industry thought-leaders. In addition to bragging rights, winning teams enter the champion-of-champion competition for...

May 4, 2018 

In finance, a common variation on this time-tested rule has long held that 80% of your time is spent on manual and mundane tasks, which leaves just 20% for analytics and generating high-value insights.

May 4, 2018 

The Internal Revenue Service’s Advisory Committee on Tax Exempt and Government Entities (ACT) will hold a public meeting on June 7, 2018, when the panel will submit its annual report and recommendations to the IRS.