Latest Articles

downtown 1024x568 1  551ecd0de5724

August 15, 2016 

Millennial Lifestyle Shaping Development of Cities

As millennials continue to enter the workforce and exert their influence on all aspects of the economy, of particular importance is their effect on commercial real estate, amenities and location. Today, America's cities entice millennials with better ...

 Wolters Kluwer Selected  by IRS for Tax Filing

August 15, 2016 

Wolters Kluwer Selected by IRS for Tax Filing

This is the 12th consecutive year Wolters Kluwer Tax and Accounting has been chosen by the IRS to help millions across the country prepare their tax returns, and the first time it has been awarded a five-year contract.

pship 57ad0afc34fbc

August 11, 2016 

At Home on the Water? Try the AirBnB of Boats

In an industry on the road to recovery from the recession, innovation is essential for attracting the next generation. New boaters seek simplicity when it comes to becoming certified, booking a boat, and reserving a slip. That innovation has arrived ...

 IRS Changes ITIN Program

August 10, 2016 

IRS Changes ITIN Program

If taxpayers have an expired ITIN and don’t renew before filing a tax return next year, they could face a refund delay and may be ineligible for certain tax credits, such as the Child Tax Credit and the American Opportunity Tax Credit, until the ITIN is r

sageworks_valuation_solution_logo_rgb_270_x_65_68we_il96r79g_cuf

August 10, 2016 

New Podcast Series Focuses On Accounting Firm Management

Sageworks has released a new three-part podcast series for accountants on iTunes. The podcast series, “Next-Level Accountants: Your guide to growing a firm of trusted advisors,” features interviews with industry experts Ronald J. Baker, Doug Sleeter, ...

401k-plans-for-small-businesses1

August 10, 2016 

Fringe Benefit Bonus: 401(k) Plans: Play the Match Game

One of the biggest and best fringe benefits often isn’t technically thought of as a “fringe benefit.” It’s the matching contributions made to a 401(k) plan account by an employer on behalf of participating employees. Witt this add-on, an employee’s ...

BBNA logo CMYK blue K 54e7551b66c0c

August 10, 2016 

Improving Economy Makes State NOLs a Top Priority – Bloomberg BNA Study

With economic growth and corporate profitability going hand in hand, many corporate tax departments are starting to look for ways to preserve cash flow and reduce tax liabilities. One key strategy is to take advantage of net operating losses (NOLs). But, because state NOL rules are complex and vary from state to state, managing state...…

8279563428 6cc6584221 z 1  57ab7ba7d1c21

August 10, 2016 

AICPA Presents Awards for Contributions to Accounting Literature

The AICPA has announced the winners of the Notable Contributions to Accounting Literature Award, presented at the American Accounting Association Annual Meeting. The AICPA-sponsored honor was presented to a team of highly-regarded accounting academic ...

Tax deductions 1  54c15bb4d981a

August 10, 2016 

Casualty Loss Deduction Collapses in Tax Court

Suppose that your personal residence is substantially damaged and will cost you tens of thousands of dollars to fix. Is the repair cost deductible on your tax return as a casualty loss? It doesn’t always seem fair, but it depends on whether the ...