Latest Articles

Why Donate a Car 300x225 1  55c4bcb64305b

August 7, 2015 

Tips to Get the Most Tax Benefit From Car Donations to Charity

In the past, donating cars to charity was a win-win situation for the donor and organization, even if you were giving away a lemon. All you had to do was arrange the pick-up or drop-off, refer to an auto-buying guide like the Kelley Blue Book (KBB) and th

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August 4, 2015 

Center for Audit Quality Funds Research by U. Wisconsin Professor

A new research project by the Wisconsin School of Business aimed at providing auditors, regulators, and policy-makers with a model for understanding and interpreting audit studies is one of three projects to receive funding from the Center for Audit Quali

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August 4, 2015 

Sales Taxes Across U.S. Rose Slightly in 2Q 2015

The U.S. average combined sales tax rate shrunk marginally in the second quarter despite a 30 percent increase in new local indirect taxes, according to the latest ONESOURCE Indirect Tax report from Thomson Reuters.

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August 4, 2015 

New York CPA Society Tells IRS to Change Form 990

Private foundations use Form 990-PF to report on their activities and charitable distribution as well as figure taxes based on investment income. Debuting in 1974, the outdated Form 990-PF is difficult to follow and has caused confusion to those in ...

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August 4, 2015 

Hillary Clinton Releases Past Tax Returns with Eye on 2016 Election

If Hillary Clinton is elected president of the United States next year, she’s going to have to take a pay-cut. In an effort to provide greater transparency in her presidential bid, the Democratic frontrunner released eight years worth of tax returns on July 31, all of them joint returns filed with her husband, former President...…

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August 4, 2015 

What Makes a Great Accounting Firm Leader?

The common thread to the three leaders below is this: Many people love the phrase, “If it ain’t broke, don’t fix it.” These leaders would say, “If it doesn’t need fixing, break it.” This means that great organizations continuously reinvent themselves ...

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August 4, 2015 

Florida Accounting Firms Merge

Cocuy, Burns & Co., P.A., a CPA and consulting firm in Wellington, Fla. and Templeton & Company, LLP, a leading South Florida-based firm, combined practices effective August 1, 2015. Juan Cocuy and Tom Burns became partners in the newly combined firm...