Latest Articles

October 22, 2015 

Employers are facing increased obligations in 2015 relating to the health insurance coverage provided to employees, but at least some small business owners might benefit from a special tax break.

October 22, 2015 

If a client is still eligible for tax break for higher education expenses, accelerating expenses from 2016 into 2015 may increase the size of the tax benefit. But before we explore that year-end opportunity, here is a quick primer on the three main ...

October 22, 2015 

In addition to payroll wages, income tax is often withheld from other types of income, such as pensions, bonuses, commissions and gambling winnings. Ideally, taxpayers should try to match their withholding with their actual tax liability. If not ...

October 22, 2015 

Most tax holidays focus on back-to-school savings with discounts on school supplies, clothing and computers. A few provide discounts on hurricane preparedness and Energy Star products. Louisiana and Mississippi, famously, offer tax holidays for ...

October 22, 2015 

Like any entrepreneur, I was focused on my own goals those first few years – getting established and growing the business – so the fact that the number of businesses owned by women was about to hit a period of dramatic growth wasn’t my major concern.

October 22, 2015 

The AICPA governing Council's fall 2015 meeting took place this week and focused on the profession’s resilience and relevancy in a time of ongoing complexity and change. Several presentations helped Council members explore the need for the ...

October 22, 2015 

What you do learn in 40 years or so is what separates a successful CPA from one that struggles every year with mediocre clients and profits. My list of successful attributes is what I like to call the 10 Commandments of a successful CPA starts with ...

Dave McClure

October 22, 2015 

As part of the Security Summit process, members from the IRS, states and industry are co-chairing and serving on several teams. The teams have focused on a number of areas including improved validation of the authenticity of taxpayers and information ...

October 22, 2015 

Don’t be so quick to simply accept what a financial advisor offers for your retirement – that’s the takeaway from multiple red flags since the 2008-09 economic crisis.

October 22, 2015 

The shift in value proposition for CPA firms is due to emerging technologies such as the cloud and changing client expectations.

October 22, 2015 

As 2015 draws to a close, a turbulent economic and legislative environment means taxpayers need to keep a close eye on several major planning issues, according to Grant Thornton LLP.

October 22, 2015 

Christen struck a tone of urgency in his acceptance speech, saying the profession should embrace change – and do it fast – to ensure a bright future, attract the best talent and be in the strongest position to serve the public interest.