Latest Articles

graduates

May 29, 2018 

5 Ways Recent Grads Can Ease Job-Seeking Jitters

According to a recent survey conducted by GoDaddy, one in four college-graduating seniors said they felt unprepared to enter the job market, so rest assured, you’re not alone. And though your post-grad fears may be strong there are ways to overcome ...

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May 29, 2018 

Top 10 Accounting Firm IT Survey Surprises

The upcoming conference season and lull before the extension season provides a great opportunity for firms to evaluate the current status of their production processes and target areas for improvement. The above highlighted findings of the ...

Roman Kepczyk

 The IRS Has a 5-Year Plan to Help Taxpayers

May 28, 2018 

The IRS Has a 5-Year Plan to Help Taxpayers

The Fiscal Year 2018-2022 IRS Strategic Plan will serve as a roadmap to help guide the agency’s programs and operations. The plan will also help meet the changing needs of taxpayers and members of the tax community.

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May 28, 2018 

The Passive Activity Rules

The rules on how to determine a passive activity are pretty straight forward. In a nutshell, a taxpayer that spends less than 750 hours in an activity has passive income or loss. That works out to approximately 15 hours a week. In my aforementioned ...

Craig Smalley

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May 25, 2018 

Experts Predict Next Recession Will Start in 2020

Less than a year ago, panelists in this survey named geopolitical crisis as the most prominent likely cause of the next recession. Those concerns have fallen below policy-related fears like trade policy, a correction in the stock market or an ...

 IAASB Launches Survey to Identify Key Issues

May 25, 2018 

IAASB Launches Survey to Identify Key Issues

The survey serves as an important tool to help identify key issues for consideration in developing its future strategy in the context of the IAASB’s broad strategic focus and the changing environment, and with the overriding objective of serving the ...

 New Resource for Nonprofits and FASB ASU 2016-14

May 25, 2018 

New Resource for Nonprofits and FASB ASU 2016-14

While the overall goal of FASB ASU 2016-14 is to provide more useful information to donors, grantors, creditors, and other users of financial statements, particularly addressing the long-term sustainability of the organization, questions remain for ...

 The Tax Blotter – May 25, 2018

May 25, 2018 

The Tax Blotter – May 25, 2018

Now that the U.S. Supreme Court has opened the doors for legalized gambling in states other than Nevada, expect more tax questions from clients relating to gambling activities. Take note of these recent developments.