Latest Articles

August 24, 2018 

Certain U.S. citizens or resident aliens, specifically contractors or employees of contractors supporting the U.S. Armed Forces in designated combat zones, may now qualify for the foreign earned income exclusion. The Bipartisan Budget Act of 2018, enacted in February, changed the tax home requirement for eligible taxpayers, enabling them to claim the foreign earned income...…

August 24, 2018 

Women started an average of 1,821 new businesses per day in the U.S. between 2017 and 2018, according to analysis in the 2018 State of Women-Owned Businesses Report (PDF) commissioned by American Express. This level of new business formation ...

August 24, 2018 

There always seems to be an amnesty program going on somewhere. We recently reported on an amnesty program in Texas and other states are jumping on the bandwagon as well. The recent Wayfair Supreme Court decision has shed light on the requirements to ...

Monika P. Miles

August 23, 2018 

Intuit is the company behind TurboTax, the dominant brand in the consumer income tax market, as well as QuickBooks, Quicken, Mint and professional tax and accounting software brands.

August 23, 2018 

Jason Deshayes, CPA, CGMA Senior Manager, Firm ServicesAICPADurham, NCwww.aicpa.org/pcps Twitter: @taxguyjase Professional Associations: AICPA North Carolina Assn. of CPAs Career Highlights: I helped a lot of closely held businesses start up, cope with growing pains and become more successful.  I think that has been the biggest accomplishment – I always look fondly back on my...…

August 23, 2018 

William G. Hill, MBA Manager, Training, Consulting & Implementation Services,Thomson ReutersAnn Arbor, MIhttp://tax.tr.com LinkedIn: www.linkedin.com/in/wghill Career Highlights: Creation and growth of the Practice Forward service Creation of the consulting implementation methods used at Thomson Reuters Tax & Accounting Speaker at both Synergy and Partner Summit events Assisting hundreds of firms 1-1 with firm management tools,...…

August 23, 2018 

Kurt Avarell, J.D. CEO & FounderCanopywww.CanopyTax.com Twitter: @kavarell and @CanopyTax Career Highlights: Kurt began his career as a tax attorney at Milbank, a leading international law firm based in New York City. As a tax attorney, he decided to focus on tax resolution leaving Milbank and starting his own, highly successful firm, but he was...…

August 23, 2018 

Zeb Hardy Director of Software DevelopmentWolters Kluwer Tax & Accounting USDallas, TXwww.wolterskluwer.com LinkedIn: www.linkedin.com/in/zebhardy/ Career Highlights: Working on the CCH Axcess platform, my teams and I have built 2 large-scale innovative projects in the past couple of years: One exponentially scales our tax return processing capabilities in terms of size, complexity, and number of returns....…

August 23, 2018 

Unlike certain penalties, such as the Failure to File or Failure to Pay penalties, which can be abated due to reasonable cause, interest cannot be reduced or abated for reasonable cause. The abatement of interest is never permitted merely due to ...

Dave DuVal

August 23, 2018 

If someone asked, would you be able to describe your accounting firm’s corporate culture? This concept is the topic of many a workplace report, but what does it mean?

Paul McDonald

August 23, 2018 

Blockchain seems to be everywhere in the press and conferences related to accounting. There is clear merit to this coverage and blockchain is a technology with long-term importance. Applications have only been developed in a few pilot projects ...

Randy Johnston

August 22, 2018 

This new transcript replaces the previous format and will be the default format available via Get Transcript Online, Get Transcript by Mail or the Transcript Delivery System for tax professionals as of September 23. Financial entries will remain visible