Latest Articles

January 11, 2018 

For this, my final article on cannabis taxation, get ready to get your mind blown.

January 11, 2018 

Historically, state budgets have relied heavily on sales and use taxes, emphasized by the fact that aggregate sales and use tax collections account for over 30 percent of total state tax revenues. Sales and use taxes are some of the most stable and ...

January 11, 2018 

The IRSAC, established in 1953, is an organized public forum for IRS officials and representatives of the public to discuss various issues in tax administration. The council provides the IRS Commissioner with relevant feedback, observations and ...

January 11, 2018 

Today the cannabis industry is a $6 billion industry. In ten years it is projected that cannabis will be a $1 trillion industry. In my home state of Florida, cannabis became legal last year, however the state, as it legislated the laws surrounding ...

January 11, 2018 

Ceterus has launched Ceterus Tax, a new managed service that offloads more financial management responsibility to Ceterus from small business owners and franchisees. The tax service at Ceterus will be led by Ryan Cook, who has serviced hundreds of ...

January 10, 2018 

A new survey of chief financial officers shows a surge of optimism among these financial professionals about the current and future states of major economic regions as well as their own company prospects. After declining for two quarters, net optimism ...

January 10, 2018 

In his new role as principal, Keninitz will expand the firm's capability in Government Contractor Consulting and M&A Services. Keninitz has over 35 years of experience in accounting, auditing and consulting, and adds deeper resources and expanded ...

January 9, 2018 

The IRS has announced that taxpayers with the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) will likely see delays in receiving their income tax refunds in 2018. This is due to extra fraud prevention measures the agency is implementing, which means that taxpayers with those credits will likely not see...…

January 9, 2018 

If you're like many Americans, you may be asking, "When will I get my income tax refund?" Well, we have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. FYI, the new tax reform law won't ...

January 9, 2018 

The new tax reform law covers many aspects, from business taxation to individuals and deductions, which can make it challenging for taxpayers and tax professionals to keep up with the changes.

January 9, 2018 

The estate tax exemption and the gift tax work together in a sense that you have a unified lifetime credit for gifts, which match the estate tax exemption. The unified credit increases each year, along with the estate tax exemption. Each year there is ...

January 9, 2018 

In 2014, the IRS classified cryptocurrency as property, and not currency. How property is taxed is that if you hold an asset for less than a year, and you sell it, you pay ordinary income tax at your ordinary tax rate. If you hold that asset for a year ..