Accounting April 17, 2026
Last Chance to Vote in the 2026 Readers’ Choice Awards!
Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.
January 27, 2017
Tax Court Cracks Down on Business Meal Expenses
The IRS is notoriously stingy when it comes to deducting business meal expenses. Usually, if you can’t meet the substantiation rules under the strict letter of the tax law, it will disallow the deduction. Of course, you can take your chances in Tax ...
January 27, 2017
Survey: Month-End Bookkeeping Processes Are No Fun
Month-end bookkeeping and business management processes are labor-intensive, prone to error, create stress in staff, and can even hurt personal relationships, according to a new survey from FloQast, Inc.
January 27, 2017
Grandparents May Be Eligible for EITC
Grandparents and other relatives care for millions of children, but are often not aware that they could claim the children under their care for the EITC. A grandparent who is working and has a grandchild who is a qualifying child living with him or ...
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 ...
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 ...
January 27, 2017
AICPA Awards $451,000 in Minority Accounting Scholarships
These exceptional students were selected for the award, part of the AICPA’s Legacy Scholars program, through an extensive process which considered both their academic performance and their leadership capability.
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 ...
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 ...
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.
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 ...
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 ...
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 ...