Latest Articles

 Tribes Encouraged to Promote EITC

January 27, 2017 

Tribes Encouraged to Promote EITC

The nation's taxing agency is recommending that Native American taxpayers to look into the Earned Income Tax Credit (EITC) and correctly claim it if they qualify. The IRS says that the EITC and the Child Tax Credit (CTC) greatly reduce poverty for ...

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January 27, 2017 

Small Business Loans Harder to Get in Less Affluent Areas

A new report shows stark disparities in loan rates for business owners in disadvantaged neighborhoods. The report, commissioned by the Woodstock Institute, also shows that small business owners in low- and moderate-income areas receive ...

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January 27, 2017 

Board Proposes New Code of Ethics for Accountants

The outcome of the first phase is a new structure and drafting convention, as well as a major restructured portion of the Code. The IESBA’s overall restructuring efforts are intended to result in a Code that is more understandable and easier to use ...

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January 27, 2017 

Accounting Firm Helps Tribes with Compliance

Joseph Eve CPAs continues to expand the list of tribal and commercial casinos who are enrolled in the firm’s JE University program. Now, the firm has welcomed Washington state-based 12 Tribes Colville Casinos (12 Tribes, Mill Bay, and Couklee Dam ...

 W-2 Tax Scam Dupes Corporate Payroll and HR Departments

January 27, 2017 

W-2 Tax Scam Dupes Corporate Payroll and HR Departments

The W-2 scam first appeared last year. Cybercriminals tricked payroll and human resource officials into disclosing employee names, SSNs and income information. The thieves then attempted to file fraudulent tax returns for tax refunds.

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January 27, 2017 

On EITC Awareness Day, Remember Your Due Diligence

The Internal Revenue Service has partnered with organizations across the country in promoting the Earned Income Tax Credit on EITC Awareness Day, Friday, Jan. 27, 2017. This campaign, which started 11 years ago, is a nationwide effort to alert ...

 IRS Finalizes Reporting Rules for Certain Casino Games

January 27, 2017 

IRS Finalizes Reporting Rules for Certain Casino Games

The IRS isn’t leaving gambling reporting to chance. It has issued new final regulations clarifying and expanding the rules for payors of slot, bingo and keno winnings. Most notably, in response to an outcry from the gambling industry, higher ...

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January 26, 2017 

Income Tax Tip: When to Claim Parents as Dependents

With so many millennials moving back home with mom and dad, the question of whether or not adult children living with their parents can be claimed as dependents is a hot topic. On the other side of the generational divide, and affecting at least as ...

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January 25, 2017 

The Benefits of SSVS No. 1 for Business Valuations

Most professional services providers understand that “standards” are a way of doing things -- the norm, or what is approved by some authority. Thus, the AICPA’s Statement on Standards for Valuations Services No. 1, known as SSVS No. 1, outlines how ...

 3 Steps to Ensure Data Privacy

January 25, 2017 

3 Steps to Ensure Data Privacy

When taking steps to protect online privacy, companies shouldn’t overlook documents that transition between paper and digital formats during their lifecycle. In particular, those transition points, such as document scanning and printing, can ...