Latest Articles

December 21, 2015 

Notable changes are ahead in our future. We have just passed the “future” date that Marty McFly targeted with the DeLorean in Back to the Future II, and I have enjoyed immensely seeing the entire trilogy with my wife again this year as well as noting ...

Randy Johnston

December 21, 2015 

Similar to 401(k) retirement accounts, 529 Savings Plans are investment savings accounts that are based on investments in stock, mutual funds or similar markets. Recognized by the IRS starting in 1996, they are overseen by individual states and ...

December 20, 2015 

This IRS Form 1099-Misc is for reporting income received from Jan. 1 to Dec. 31, 2015, which the recipient will file a tax return for in 2016.

December 20, 2015 

This IRS Form W-2 is for reporting income earned during Jan. 1 to Dec. 31, 2015, which the employee will file a tax return for in 2016.

December 20, 2015 

When will you get your income tax refund? If you're one of the millions of Americans who are asking that question (or will be in the coming weeks), we have the answer. It depends on a couple of factors, but the good news is that there are several ...

December 20, 2015 

For tax year 2015 - which Americans must file by April 18, 2016 - the has announced annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes. The tax items for tax year 2015 ...

December 20, 2015 

Despite its name, the system is a powerful workflow system for all areas of an accounting firm’s practice, not just workflow. The system offers a myriad of functions for tracking client engagements status, managing those engagements for productivity ...

Isaac M. O'Bannon

December 17, 2015 

The new “tax extenders” legislation just unveiled by Congress does more than merely extend dozens of expires tax breaks. It also makes several important provisions permanent, with certain modifications, while delaying onerous rules under the Affordable...

December 17, 2015 

Baldwin CPAs currently has an office in Louisville, KY. By merging with ABLW, the firm will expand their existing presence by adding 17 new employees including three new partners. The current Baldwin CPAs office will relocate to the existing ABLW ...

December 17, 2015 

For any new business, deciding to incorporate is typically the first big legal decision. It can be a confusing (and sometimes stressful) question for the new entrepreneur and small business owner. If you need to help your clients incorporate a new or ...

Nellie Akalp

December 17, 2015 

The business mileage rate decreased 3.5 cents per mile and the medical, and moving expense rates decrease 4 cents per mile from the 2015 rates. The charitable rate is based on statute.

December 17, 2015 

Even when billing on a flat-fee model, tracking staff time gives the management of a firm essential information on firm, including staff and group productivity, the appropriateness of the rates that are being charged, and which services are the most or le

Isaac M. O'Bannon