Latest Articles

February 17, 2016 

It's February and you're in the heart of busy season. Starting a new process for organizing and monitoring state and local tax chores and obligations is really not feasible at this point in time, but there are some best practices you can employ that ...

Gail Perry

February 16, 2016 

Have you ever desperately tried to avoid someone at a cocktail party? Perhaps the guy who means well but asks nitpicky questions and won’t leave you alone? For accounting professionals, that party pariah is an auditor, and you should do everything ...

February 16, 2016 

You’re an exceptional accounting firm delivering high-quality service and maintaining operational efficiently. And yet in spite of the immense value you bring to your customers and prospects, you’re finding it increasingly difficult to stand out from ...

February 16, 2016 

The IRS is warning taxpayers to avoid schemes to claim tax credits on their returns that they don't truly qualify for. This is especially true of the Earned Income Tax Credit, which some people misreport their income in order to claim, and which is on ...

February 16, 2016 

Feel free to keep using the Internet without the threat of having to pay taxes on your services. (Buying products online, yes, you may have to pay sales tax. But not for your actual Internet service.)

February 16, 2016 

Illegal scams can lead to significant penalties and interest and possible criminal prosecution. IRS Criminal Investigation works closely with the Department of Justice (DOJ) to shut down scams and prosecute the criminals behind them.

February 16, 2016 

The accounting firm WeiserMazars LLP is expanding its business valuation advisory services practice, and has named new partner Bruce Richman to lead the practice section. He will be based out of the firm’s Chicago office. The expanded practice will ...

February 16, 2016 

CPAs want more online, interactive CPE learning options, as well as soft skills assessment, development and collaboration tools. That's according to a new survey of Indiana CPAs by the CPA Center of Excellence, a subsidiary of the Indiana CPA Society.

February 16, 2016 

When it comes to compliance with the Affordable Care Act, aka Obamacare, most Americans know that they are supposed to get insurance if they don't already have it through their employer. But there's more to the law, and some people could get a hefty penal

February 16, 2016 

Avalara, Inc. has launched a new solution for the determination and calculation of tax for businesses in industries such as bulk fuel distribution, residential propane and heating oil distribution, vehicle and equipment rental, wholesale tobacco, and ...

February 15, 2016 

The IRS remains committed to our priority efforts to stop offshore tax evasion wherever it occurs. Even though the IRS has faced several years of budget reductions, the IRS continues to pursue cases in all parts of the world, regardless of whether the ...

February 15, 2016 

Tax season has officially started and the Internal Revenue Service began accepting tax returns this week. According to IRS Commissioner John Koskinen, the agency is facing ongoing budget cuts, and due to these reductions, several of the services the ...