Latest Articles

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August 6, 2017 

How to Be More Creative at Work

There’s a misconception that our brains are like computer random access memory, able to pluck the best information on command or, in particular, when needed for generating new ideas.

 AICPA Honors Combat Veteran Accounting Student

August 4, 2017 

AICPA Honors Combat Veteran Accounting Student

The award, sponsored by the AICPA, is bestowed upon a student who has experienced extreme hardships and demonstrated an unusually high level of success despite that adversity. The award includes a $5,000 cash stipend.

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August 4, 2017 

New Tax Scam Targets Passwords of Tax Pros

These types of phishing scams are why the IRS, state tax agencies and the tax industry, acting as the Security Summit, launched the 10-week Don’t Take the Bait campaign currently underway. This awareness effort highlights the many tactics of ...

Internal Revenue Service IRS dot gov

August 3, 2017 

Virtual IRS Appeals Coming Soon

The Internal Revenue Service Office of Appeals will soon pilot a new web-based virtual conference option for taxpayers and their representatives. This virtual face-to-face option will provide an additional option for taxpayer conferences.

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August 3, 2017 

Sales Tax Amnesty Program Extends to 13 States

The Multistate Tax Commission ("MTC"), in conjunction with 13 member states, has announced the launch of a sales tax amnesty program aimed at helping online sellers to become compliant with sales tax nexus regulations.

 Millennials Against $15 Minimum Wage by Slim Margin in Survey

August 3, 2017 

Millennials Against $15 Minimum Wage by Slim Margin in Survey

3,175 millennials were asked the following question: “Do you think the minimum wage should be raised to $15 an hour?” The slight majority of millennials, 52 percent, stated that they do not believe the minimum wage should be hiked to $15 per hour.

 AICPA Tells IRS to Withdraw Four Regulations

August 3, 2017 

AICPA Tells IRS to Withdraw Four Regulations

The American Institute of CPAs (AICPA) has submitted a letter to the Internal Revenue Service (IRS) recommending withdrawal of four of the eight regulations listed in the IRS’s notice identifying eight specific regulations for further review and ...

Allan Koltin 1  56c3bfce20fb6

August 3, 2017 

Firm Succession Expert Koltin Addresses AICPA Group

In the accounting profession, the biggest “ringing of the bell” is when we bring in a new client. In the financial services industry, their biggest “ringing of the bell” is when they “steal a star recruit” from a competitor. Maybe we readjust what’s ...