Latest Articles

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January 5, 2018 

IRS to Start Accepting Tax Returns on Jan. 29, 2018

The IRS has announced that it will officially begin accepting returns for the 2017 tax year on January 29, 2018 (IR-2018-01, 1/4/18). This is a little later than usual to give the nation’s tax collection agency enough time to ensure security and ...

Ken Berry, JD

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January 4, 2018 

3 Ways CFOs Can Accelerate Payback from New Technology

A new ERP system shouldn’t be a set-and-forget proposition. Opportunities to customize and optimize the solution to particular needs are virtually boundless. A program that nurtures “super users” can seed the organization with experts to help make the ...

 The Tax Blotter – Jan. 2018

January 4, 2018 

The Tax Blotter – Jan. 2018

Timing is everything in taxes and the new tax law —the Tax Cuts and Jobs Act -- is no exception. Generally, the provisions for individuals take effect in 2018, but there are several interesting wrinkles.

Ken Berry, JD

 Citrin Cooperman Acquires Schneider & Associates

January 3, 2018 

Citrin Cooperman Acquires Schneider & Associates

Citrin Cooperman announced today that Sandra Schneider and her staff of Schneider & Associates, LLC has joined the Bethesda, MD office of the firm as of January 1. Schneider, along with Director Julie Schoen, will continue to focus on sophisticated tax and estate planning for high net worth individuals and their families. “Our Bethesda office...…

 New Jersey Accounting Firms Merge

January 2, 2018 

New Jersey Accounting Firms Merge

The New Jersey accounting firm Ennis Hargadon has merged with MSPC Certified Public Accountants and Advisors, P.C. effective January 1, 2018. The addition of two principals brings MSPC’s partner count to 11 and the firm’s total staff to 67.

 2018 Tax Reform Law Doubles Child Tax Credit

January 1, 2018 

2018 Tax Reform Law Doubles Child Tax Credit

The TCJA doubles increases the child tax credit (CTC) from $1,000 to $2,000 and raises the refundable portion of the CTC to $1,400. In addition, it authorizes a $500 nonrefundable credit for non-child dependents for taxpayers who don’t claim a CTC.