Taxes December 18, 2025
The confirmation follows Monday’s posting of a draft IRS Form W-2G, reflecting changes mandated by the OBBBA, which amended federal information-reporting requirements for certain payments, including casino gambling winnings.
December 18, 2025
December 18, 2025
December 18, 2025
December 18, 2025
December 4, 2017
According to the 2017 Bill Payment Trends Survey from Bill.com and CPA.com, 77% of large accounting firms wish their clients would eliminate paper checks, and 75% recommend that their clients pay their bills online. Yet, only 25% require clients to ...
December 4, 2017
Ellison-Taylor sees three critical areas for the profession: responding to the changing cybersecurity landscape; preparing for the future of the profession; and continuing to grow and nurture the talent pipeline.
December 4, 2017
These new member firms will be introduced to the ITA membership at the opening session of the ITA Fall Collaborative, December 3-5, at the Grand America Hotel in Salt Lake City. Over 300 ITA members and guests are expected to participate in this event ...
December 4, 2017
One of the key advantages of hedge accounting is that it helps to smooth earnings over time. For firms dealing with FX and interest rate swaps, or who are heavily exposed to physical and financial commodity markets, hedge accounting reduces the ...
December 3, 2017
An amendment to the Senate version of the sweeping new tax reform bill hinders the ability of older Americans to build up their retirement funds on a pre-tax basis.
December 3, 2017
Insurance companies, including healthcare payers, appear much more likely to make de-risking moves, with cost concerns and a lack of internal expertise to evaluate vendor controls cited as other primary reasons. The study, now in its fourth year ...
December 2, 2017
Foreign entrepreneurs who want to build innovative companies in the U.S. received good news last week when United States District Judge James E. Boasberg of the U.S. District Court for the District of Columbia ruled in favor of a lawsuit filed by the ...
December 2, 2017
In a 51-49 vote following party lines, the Senate approved its version of the tax reform bill during a marathon session, with only one Republican, Tennessee Senator Bob Corker, voting against the measure. But it took some late additions – in barely ...
December 2, 2017
The property tax deduction will be capped at $10,000, as proposed in the House bill, making reconciliation between the chambers potentially easier, especially because the provision was important to House Republicans from New York, California and other ...
November 30, 2017
Gross, Mendelsohn & Associates, P.A. is has merged with Gurman & Company, a Fairfax, Virginia, based CPA and consulting firm. The merger is effective November 30, 2017.
November 30, 2017
Generally, you can deduct the initial cost of property donated to a qualified charitable organization However, if the property would have produced a long-term capital gain had it been sold instead of donated – in other words, it was held for more than ...
November 30, 2017
Although there are close to 1 million accountants nationwide, only about 40 percent of them have credentials and have to meet continuing education requirements, such as a CPA (Certified Public Accountant), EA (Enrolled Agent) or attorney.