Latest Articles

 Avalara Launches AvaTax Excise for Multi-Tax Industries

February 16, 2016 

Avalara Launches AvaTax Excise for Multi-Tax Industries

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 ...

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February 15, 2016 

IRS Is Looking For Unreported Offshore Accounts

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 ...

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February 15, 2016 

IRS Budget Cuts are Increasing Tax Season Pains

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 ...

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February 14, 2016 

Accounting Thought Leaders Tackle Firm Challenges at Symposium

During the symposium, these professionals will meet with core development and executive staff of key accounting technology providers to determine and shape the future of the profession, including both short- and long-term evolutions in technology, ...

 Taxpayers Beware of Bogus Tax Refund Promises

February 12, 2016 

Taxpayers Beware of Bogus Tax Refund Promises

The IRS is warning taxpayers to be on the lookout for unscrupulous tax return preparers pushing inflated tax refund claims. This scam remains on the annual list of tax scams known as the “Dirty Dozen” for the 2016 filing season.

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February 12, 2016 

Kasich’s Tax Plan Doesn’t Stand Out From the Pack

While the field of Republican presidential candidates is being winnowed down – New Jersey governor Chris Christie and former Hewlett Packard head honcho Carly Fiorina formally withdrew from the race this week – John Kasich is emerging as a ...

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February 12, 2016 

AICPA and NASBA Propose Changes to CPE Provider Standards

The Standards Exposure Draft was initially open for comment April 2015-October 2015. The 2015 comment period resulted in a total of fifty-one (51) comment letters received from sources including CPE providers, licensed practitioners, CPA Firms, State ...

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February 12, 2016 

IRS Looking For Taxpayers Who Pad Their Tax Deductions

The vast majority of taxpayers file honest and accurate tax returns on time every year. However, each year some taxpayers fail to resist the temptation of fudging their information. That’s why falsely claiming deductions, expenses or credits on tax ...

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February 12, 2016 

Sage Launches Mobile Version of Sage Live for iOS

Sage has launched a new version of Sage Live only available on iOS. As a new Apple mobility partner, this will be the first in a series of solutions that Apple and Sage are collaborating together on for small businesses.

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February 12, 2016 

New E-Signature System Designed for Tax Preparers

With tax season in full swing, SIGNiX, a provider of cloud-based Independent E-Signature solutions, has launched TaxDoX, a new e-signature utility created to allow tax preparers to digitally sign and send tax documents securely through the cloud.

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February 12, 2016 

Abuse of Business Tax Credits is a Top Concern for the IRS

The fuel tax credit is generally limited to off-highway business use or use in farming. Consequently, the credit is not available to most taxpayers. Still, the IRS routinely finds unscrupulous preparers who have enticed sizable groups of taxpayers to err