Latest Articles

April 30, 2015 

The new proposed legislation would revise the rules by adding “qualified sports and fitness expenses” to Section 213. This includes amounts paid for membership at a fitness facility, participation or instruction in a program of physical exercise or ...

April 29, 2015 

The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) intended to improve the information provided in not-for-profit financial statements and notes to financial statements. Stakeholders are encouraged to review and comment on the proposed ASU, Presentation of Financial Statements of Not-for-Profit Entities, by August 20, 2015. “The proposed ASU contains...…

April 29, 2015 

On the eve of its annual draft, the National Football League (NFL) announced that it is giving up its tax-exempt status, according to Bloomberg News and various other media sources. Unlike most other nonprofit organizations, the tax break was considere

April 29, 2015 

The groups behind the letter make up the Tax Alliance for Economic Mobility - a national coalition working to advance federal policies that expand savings and investment opportunities for lower-income households through reform of the U.S. tax code.

April 29, 2015 

State police in Maine have seized $58,500 in cash from the home of the longtime tax collector for the town of Anson during an investigation into unaccounted for excise tax revenues at the town office.

April 29, 2015 

In April, both Missouri and North Dakota enacted legislation creating sales and use tax exemptions for new and expanding data storage centers, according to Ryan, a global tax services firm.

April 29, 2015 

Popular wisdom says that getting an education is one of the best investments a person can make. After all, those with a four-year college degree, on average, earn about twice as much over their lifetime as those with only a high school diploma.

April 28, 2015 

The Big 4 accounting and business consulting firm Deloitte has established a strategic alliance with Accenture Duck Creek to help US property and casualty insurers prepare for the dynamic changes that are reshaping the insurance industry.

April 28, 2015 

The small business mentoring organization SCORE has gathered statistics that report on which sources are providing small businesses with the best business-to-business (B2B) sales leads and what percentage of leads convert to each stage of the sales funnel

April 27, 2015 

MIP Fund Accounting is a configurable fund accounting solution that allows you to report and track information that is most important to you, your board and your supporters. To help you deliver on your mission, our solutions can change and grow with you.

April 24, 2015 

Lynne Doughtie has been elected to serve as the next Chairman and Chief Executive Officer of KPMG U.S. Doughtie currently leads KPMG’s Advisory business, and has distinguished herself in numerous leadership positions since launching her career ...

April 24, 2015 

The American Institute of CPAs (AICPA) has sent written testimony to Congress saying the need for small business tax reform is urgent.