Latest Articles

Mazars Logo 2017 59b32157ce032

March 9, 2018 

Mazars USA Opens Los Angeles Office

Mazars has opened its offices at 1875 Century Park East, Los Angeles, CA to serve the increasing needs of its clients and the expanding number of professionals at the location.

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March 9, 2018 

SASB and Fordham University Announce Collaboration

Fordham University will provide a permanent venue for SASB Standards Board meetings, beginning with SASB's next Standards Board meeting at Fordham tomorrow. New York City's central location enables the SASB to establish a more prominent presence in ...

 The Tax Blotter: March 9, 2018

March 9, 2018 

The Tax Blotter: March 9, 2018

Generally, achievement awards and similar goodies handed out to employees or celebrities are taxable at ordinary income rates. However, there are several notable exceptions in the tax law.

Tax-Scam-300x2031

March 9, 2018 

IRS Warns of Fake Charity Tax Scams

These ‘fake’ charities attempt to attract donations from unsuspecting contributors, using a charitable reason and a tax deduction as bait for taxpayers. Fake charities are one of the “Dirty Dozen” tax scams for the 2018 filing season.

women in the workforce

March 8, 2018 

Women in Senior Management Down 2%

There has been little progress for women in senior leadership roles in the United States over the past year, according to a new report based on Grant Thornton International Ltd.’s quarterly survey of 2,500 mid-market businesses in 35 economies.

 Treasury Pushes Harder on Carried Interest Limits

March 8, 2018 

Treasury Pushes Harder on Carried Interest Limits

Prior to enactment of the new tax law, the Tax Cuts and Jobs Act (TCJA), managers of private equity funds could benefit from the usual capital gains rules for carried interest, the portion of a fund’s returns paid to managers. Unlike ordinary income ...

 Workiva and Anaplan Announce Platform Integration

March 8, 2018 

Workiva and Anaplan Announce Platform Integration

Workiva has integrated its Wdesk platform with Anaplan’s Connected Planning platform to offer a comprehensive solution for modernizing critical finance and accounting functions, including planning and analysis, management reporting, industry specific ...

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March 8, 2018 

Is IRC §280E a Tax or a Penalty?

There was an interesting appeals case, that turned into a Writ of Certirori[1]. Green Solutions Retail, Inc. v. United States, started in US Tax Court. Green Solutions is a Colorado cannabis dispensary, that had its 2013, and 2014 tax returns audited ...

Craig Smalley

economy boom

March 8, 2018 

79% of Business Execs Optimistic on U.S. Economy

Seventy-nine percent of business executives said they were upbeat about prospects for the economy, eclipsing last quarter’s post-Great Recession high of 74 percent. As a point of reference, optimism levels were as low as 28 percent in early 2016.

 Wages Grew for Most U.S. Workers in 2017

March 8, 2018 

Wages Grew for Most U.S. Workers in 2017

Inflation-adjusted wages rose for most workers in 2017, according to a new analysis by EPI Senior Economist Elise Gould. However, while many workers finally have hourly wages higher than before the Great Recession, large gaps by gender, race, and wage ...

AuditFile

March 7, 2018 

AuditFile Connects to Canon Scanners

AuditFile, Inc. has announced an exclusive integration partnership with Canon USA, Inc., a leader in digital imaging. AuditFile’s award-winning, cloud-based audit automation platform now features easy, one-click upload of scanned documents from select ...