Latest Articles

September 19, 2016 

Rosalind W. Sutch, CPA, MT ShareholderDrucker & Scaccetti, PCPhiladelphia, PAwww.taxwarriors.com     Q&A: Aside from the accounting websites, which blog/website do you consider a must-read? Honestly, most blogs I read are accounting/tax related and a few are fitness related. Also I’m an avid reader of the Wall Street Journal. Here is my must-read list: Tax...…

September 19, 2016 

Jason Deshayes, CPA, CGMA Shareholder/Vice PresidentButler and Company CPAs PCAlbuquerque, NMwww.butlercpa.com   Q&A: Aside from the accounting websites, which blog/website do you consider a must-read?  Honestly, Facebook seems to be my conduit of news as of late.  There is so much content that people post up there, I can usually find relevant articles from people...…

September 18, 2016 

The IRS requires taxpayers to follow the recordkeeping rules for T&E (travel and entertainment) expenses to a “t.” Otherwise, deductions may be denied. This lesson was apparently lost on a CPA in a new Tax Court case. He wasn’t allowed to deduct most ...

September 18, 2016 

Bloomberg BNA is giving taxpayers a head start on the year-end tax planning and compliance review season with the release of its 2017 Projected Tax Rates, a detailed and comprehensive projection of inflation-adjusted tax items. With the upward penalty adjustments, the cost of noncompliance for taxpayers again increases in 2017, but individuals and businesses also...…

September 16, 2016 

It looks like the presidential and congressional elections will be decided before the House gets a chance to decide on IRS Commissioner John Koskinen’s impeachment.

September 15, 2016 

Modern businesses are increasingly shifting from product and single transaction sales to service and subscription models. A new survey from CFO Magazine has revealed that 70% of CFOs say more than half of their revenue now comes from services, which ...

September 15, 2016 

As you prepare to meet with your clients this fall, take the time to consult with them regarding the ACA and how they can ensure compliance.

Taija Sparkman

September 15, 2016 

A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.

September 15, 2016 

If taxes remained the same from year to year, there would be no need for tax planning. But as a professional, you know how valuable tax planning is; for your clients and for your bottom line. For your clients, effective tax management can often ...

Mary Girsch-Bock

September 14, 2016 

Ideal for smaller firms that have less complex tax planning needs, Drake Tax Planner is part of Drake Tax Software, and is included at no additional charge, and offers a completely integrated tax preparation and planning system.

Mary Girsch-Bock

September 14, 2016 

Ideal for small to mid-sized firms, Lacerte Tax Planner, from Intuit, offers an easy to use tax planning product that is well suited for those looking for a stand-alone product, as well as those wishing to integrate with other Intuit financial products.

Mary Girsch-Bock

September 14, 2016 

Thomson Reuters Planner CS : https://cs.thomsonreuters.com/planner Best Fit: Firms of any size that are currently or planning to use CS Professional Suite of applications with gain the most benefit using Planner CS. Product Strengths: Product offers excellent integration with other CS Professional Suite of applications Excellent report customization and built-in word processing capability Numerous deployment...…

Mary Girsch-Bock