Latest Articles

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February 2, 2017 

IRS Issues Urgent Alert About W-2 Scam

The IRS, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school districts, tribal ...

 Tax Court Says Surgical Center Income Was Passive

February 2, 2017 

Tax Court Says Surgical Center Income Was Passive

Do you have physician clients who own a facility where they practice or perform surgery? If the physician doesn’t “materially participate” in the management of the building, the income may be treated as passive activity income under the tax law.

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February 2, 2017 

Taxfyle Receives $2 Million in Financing

Founded in August 2015, today Taxfyle is the top featured tax app in the App Store that is turning the current accounting and tax industry on its head by connecting consumers and SMBs directly with Certified Public Accountants (CPAs) and Enrolled ...

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February 1, 2017 

Retirement Investment Conflicts Cost Americans

As retirement funds have shifted from defined benefit to defined contribution, Americans are required to directly manage their own retirement plans for which good investment advice is essential.

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February 1, 2017 

The Top Income Tax Refund Myths

During the early parts of the tax season, early filers are anxious to get details about their tax refunds. And in some social media, this can lead to misunderstandings and speculation about refunds. The IRS offers some tips to keep in mind.

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February 1, 2017 

Accounting Firm Horwich Coleman Levin, LLC joins Wipfli LLP

Wipfli LLP (Wipfli), one of the top 20 accounting and consulting firms in the United States, announced that downtown Chicago CPA and advisory firm Horwich Coleman Levin, LLC (HCL) has joined the firm effective February 1. This combination marks ...

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February 1, 2017 

New Tax Scams Popping Up: IRS Warns of Email & Phone Schemes

The IRS saw a big spike in phishing and malware incidents during the 2016 tax season. New and evolving phishing schemes have already been seen this month as scam artists work to confuse taxpayers during filing season. The IRS has already seen email ...

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February 1, 2017 

New TeamMate+ System Streamlines Internal Audits

TeamMate+ technology and features are based on feedback from a user base of more than 100,000 auditors worldwide and are designed to meet the challenges auditors face today and in the future. Rich in functionality, TeamMate+ seamlessly consolidates ...