Latest Articles

April 1, 2015 

IRS Form 990-EZ is the short version of the annual information return Form 990, which is required by the Internal Revenue Service for tax-exempt organizations. The return includes information about the organization’s mission, programs and finances.

April 1, 2015 

Don’t forget to include medical expenses the client pays on behalf of a relative such as an elderly parent in a nursing home or a child who graduated from college last year. Little-known fact: It may be possible to add qualified expenses paid for a ...

March 31, 2015 

The American Institute of Certified Public Accountants has sent a letter to the Senate Finance Committee Tax Reform Working Group on Business Income Tax that makes suggestions about how to simplify business income tax.

March 30, 2015 

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

March 30, 2015 

According to the Q1 2015 Spark Business Barometer from Capital One, 55 percent of small business owners are very confident they are taking advantage of small business tax deductions, but what about the other 45 percent?

March 30, 2015 

Accounting clients are always looking for more from their experience. One way firms can create better experiences is through niche services. Some firms focus on a specific industry or narrowly-defined tax, assurance and advisory services. The success of a

March 30, 2015 

Tax season can be a scary time for many taxpayers, but it's mostly because of a lack of knowledge. It's a fear of the unknown: Will they owe taxes, will the IRS come after their business, etc.

March 30, 2015 

The accounting firm of Marks Paneth LLP has acquired Fischer Barr & Wissinger, LLC, a Parsippany, New Jersey-based full service accounting firm, effective February 1, 2015. With this acquisition, Marks Paneth, the New York City-based ...

March 30, 2015 

An employee’s company may be glad to pick up the tab on a weekend trip home if you’re staying in a place where the cost of lodging and meals is high. The trip home might cost less than the expense of putting you up in a pricey hotel.

March 30, 2015 

The nation's largest society of professional accountants is telling Congress that tax reform isn't just something to think about, it's something needed soon.

March 27, 2015 

Tax season is here, and that doesn’t just mean refunds — it also means an increase in identity theft. In fact, tax identity theft has been constantly increasing over the years with more than 1.6 million taxpayers affected in the first six months of 2013,

March 27, 2015 

The paper, titled “External Corporate Governance and Misreporting,” analyzed external governance provisions, specifically those provisions that limit direct shareholder participation in the governance process. The researchers found that fewer ...