Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
February 7, 2016
50% Bonus Depreciation and $500K Building Deduction Made Permanent
As with many other tax extenders, the faster 15-year cost recovery period was extended by the Tax Increase Prevention Act (TIPA), but only for 2014. The tax break officially expired on January 1, 2015. Now the PATH Act reinstates this provision ...
February 6, 2016
2017 Readers’ Choice Awards
The Readers' Choice Awards give accounting professionals a way to share what they believe are the most beneficial systems. After all, professionals need to stay aware of technologies and best workflow practices in order to stay competitive and profitable!
February 6, 2016
How to Simplify the 1099 Process: Cloud Tools that Work
Cloud tools can automate the process of collecting and verifying all of the different items required by the business to report to the IRS. An accounting firm that handles the process for multiple organizations is better prepared and equipped.
February 5, 2016
New Insurance Programs Cover Gap in End-Of-Life Care
The new programs and rulings come about from the vast gap that occurs today between the kind of end-of-life care patients prefer to receive and the kind they usually get. The growing discussion about death and dying include the conversations among ...
February 5, 2016
IRS Says Beware of Shady Tax Preparers
The Internal Revenue Service says taxpayers should beware of unscrupulous return preparers, what it says is one of the most common “Dirty Dozen” tax scams seen during tax season.
February 5, 2016
New Tax Filing Deadlines For Business Entities and Nonprofits Starting Next Year
The initial due date or extended deadline for many entities are changing for the 2016 tax year. In other words, at this time next year, your tax calendar will look dramatically different than it does right now.
February 4, 2016
How to Use Best Practices in Employment Agreements
Well-written employment agreements, which can include non-compete and non-solicitation agreements, can help companies and employees alike by clarifying expectations and decreasing the chances of disputes.
February 4, 2016
10 Tips for Hiring a Safe and Legal Tax Preparer
If your tax preparer is unethical and incorrectly prepares it for you, you could be liable for back taxes, penalties and even criminal punishment. That's why taxpayers need to do a little checking before having someone else do their taxes.
February 4, 2016
New Tax Law Offers More Benefits to Parents
It can costs hundreds of thousands of dollars to raise a child these days, but at least the tax law provides several benefits to parents. One such tax break, the child tax credit, allows you to claim a nonrefundable credit of up to $1,000, if you ...
February 4, 2016
Phishing Scams Target Taxpayers
Criminals pose as a person or organization you trust and/or recognize. They may hack an email account and send mass emails under another person’s name. They may pose as a bank, credit card company, tax software provider or government agency.
February 4, 2016
IRS Computers Go Down, E-File and Other Systems Affected
Several computer systems at the IRS went down on Wednesday, affecting E-filing, several professional tools and other systems.The systems were still down as of 6:30 pm. Eastern Time.
February 4, 2016
Georgia CPAs Gather at Capitol To Advocate Tax Policy
More than 100 members of The Georgia Society of Certified Public Accountants (GSCPA) recently met at the state capitol to share their thoughts on important issues facing the accounting profession with their elected officials.