Latest Articles

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April 2, 2018 

IRS Issues Guidance on Transition Tax on Foreign Earnings

The Treasury’s notice describes regulations that the Treasury Department and the IRS intend to issue, including rules intended to prevent the avoidance of section 965, rules and procedures relating to certain special elections under section 965, and ...

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April 2, 2018 

How the IRS Wants to Spend Its 2018 Budget

Enforcement is at an all time low. I have been doing this for 24 years, and when the U.S. government isn’t obtaining the revenue they are supposed to, the result is that the IRS becomes fully funded, and gets out of control.

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April 2, 2018 

Rental Rates Up 2.8% Nationally, Growth Highest on West Coast

The fastest appreciating rental markets are along the West Coast in Sacramento, Calif., Riverside, Calif., and Seattle. This is the seventh month in a row that Sacramento has topped the list of markets with the fastest rental growth. Median rent in Sacram

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March 31, 2018 

Bob Dohrer Appointed Chief Auditor of AICPA

Robert “Bob” Dohrer, CPA, will join the American Institute of CPAs (AICPA) as chief auditor. Dohrer’s current role at RSM International, a global network of audit, tax and consulting firms, is global leader, quality and risk. He will succeed Charles ...

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March 31, 2018 

5 Ways CFOs Benefit from Social Media

How active are financial executives on social media? A Robert Half Management Resources survey found most CFOs are engaged, though a sizeable group remains detached. Among those who are on social media, which networks are most popular, and what ...

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March 31, 2018 

Everything You Know About Electronic Payments is Wrong

Between 2010 and 2013, the Association for Financial Professionals (AFP) reported a 17% percent drop in organizations use of checks to make B2B payments. That’s 17% of businesses using fewer checks and making more invoice payments through alternative ...

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March 31, 2018 

New Law Carves Out Tax Credit for Family Leave Wages

A little-noticed provision in the new tax law may provide a big tax benefit to qualified businesses. Specifically, the Tax Cuts and Jobs Act (TCJA) creates a brand-new tax credit of up to 25% of family and medical leave wages, beginning in 2018. But there

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March 29, 2018 

The Care and Feeding of Employees – 2018

So how does a small business owner, plant or department manager, or even a supervisor create that employee goodwill and a caring workplace culture? Trite as it may seem, an occasional “Good morning,” or “Thank you for staying late yesterday” or ...

Richard D. Alaniz, JD