Latest Articles

TAX SCAM 1  54d39dfa3c63b

March 17, 2016 

IRS Warns Of New Tax Scams

The latest variation being seen in the last few weeks tries to play off the current tax season. Scam artists call saying they have your tax return, and they just need to verify a few details to process your return. The scam tries to get you to give up ...

 4 Steps for Small Businesses to Prepare for Tax Season

March 17, 2016 

4 Steps for Small Businesses to Prepare for Tax Season

Preparing to file taxes can sometimes be a year-round job, even for small businesses. It may involve different responsibilities, including estimating tax payments, planning to buy or lease capital equipment, developing retirement-saving strategies, etc.

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March 17, 2016 

New Features Strengthen Sage Live Cloud Accounting System

Sage Live is the cloud accounting software that enables customers to run their businesses from anywhere, with total usability across smartphones, tablets and other supported devices, ensuring all team members have access to the data they need, when ...

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March 17, 2016 

There’s a Tax Method to March Madness

If you’re on track for a big payday, be aware that the IRS is entitled to collect its fair share. What’s more, unbeknownst to many taxpayers, a winning bracket can also cause state income tax complications.

IRS lawsuit

March 17, 2016 

IRS Increases Interest Rates for 2nd Quarter 2016

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.

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March 16, 2016 

Workday Financial Management App

Empower your organization with a full range of financial capabilities, relevant analytics and reporting, and fully auditable process management.

charity scam 1  555cbdc93a6fe

March 16, 2016 

How Accountants Can Help Clients Avoid Scams

Accountants pride themselves on their role as protectors of their clients -- using their continuing education; vast resources from the IRS and industry; and even the audit process to help business owners and investors to side-step the worst of the ...

Dave McClure

da9114a9580b8dceec6e37a41be070aa 1  56e8ce2133a58

March 16, 2016 

Tax Season: Go Be a Hero

Tax accountants have always been the white knights. Auditors were viewed by clients as necessary, consultants the fascinating innovators, but tax accountants were there to save the day.

Gail Perry

IRS Logo 1  56e6c37e4cec7

March 16, 2016 

IRS Returns Seized Cash to Convenience Store Owner

The IRS seized more than $150,00 from a convenience store owner’s bank account in 2014 – virtually all the money he had in the world – even though he did absolutely nothing wrong. It has taken the taxpayer nearly two years to get the money bank and ...

UN flags 54d8dc47740af

March 15, 2016 

Special Report Looks At European Anti-Tax Avoidance Package

Thomson Reuters Checkpoint has just released a special report, European Commission Presents Anti-Tax Avoidance (ATA) Package, summarizing the ATA Package to help businesses plan for the latest developments in advance of implementation.

Tax Reform Project Rex Site 1  56e6cc4d6f31a

March 15, 2016 

Tax Reform Takes Center Stage in 2016

The Protecting Americans from Tax Hikes Act of 2015 (PATH Act) may be the last significant tax bill of the Obama administration. With the 2016 presidential election looming, tax directors are closely watching how America’s choice will impact the tax ...

 IRS Is Holding Almost $1 Billion in 2012 Tax Refunds

March 15, 2016 

IRS Is Holding Almost $1 Billion in 2012 Tax Refunds

In cases where a tax return was not filed, the tax law provides most taxpayers with a three-year window of opportunity for claiming a refund. However, if no return is fled in time, the money becomes the property of Uncle Sam. For 2012 tax returns, the ...