Latest Articles

 Congress Passes Law Banning Internet Access Taxes

February 16, 2016 

Congress Passes Law Banning Internet Access Taxes

Feel free to keep using the Internet without the threat of having to pay taxes on your services. (Buying products online, yes, you may have to pay sales tax. But not for your actual Internet service.)

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February 16, 2016 

IRS Targets Bogus Tax Shelters

Illegal scams can lead to significant penalties and interest and possible criminal prosecution. IRS Criminal Investigation works closely with the Department of Justice (DOJ) to shut down scams and prosecute the criminals behind them.

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February 16, 2016 

CPAs Want More Online, Interactive CPE & Collaboration

CPAs want more online, interactive CPE learning options, as well as soft skills assessment, development and collaboration tools. That's according to a new survey of Indiana CPAs by the CPA Center of Excellence, a subsidiary of the Indiana CPA Society.

 Avalara Launches AvaTax Excise for Multi-Tax Industries

February 16, 2016 

Avalara Launches AvaTax Excise for Multi-Tax Industries

Avalara, Inc. has launched a new solution for the determination and calculation of tax for businesses in industries such as bulk fuel distribution, residential propane and heating oil distribution, vehicle and equipment rental, wholesale tobacco, and ...

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February 15, 2016 

IRS Is Looking For Unreported Offshore Accounts

The IRS remains committed to our priority efforts to stop offshore tax evasion wherever it occurs. Even though the IRS has faced several years of budget reductions, the IRS continues to pursue cases in all parts of the world, regardless of whether the ...

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February 15, 2016 

IRS Budget Cuts are Increasing Tax Season Pains

Tax season has officially started and the Internal Revenue Service began accepting tax returns this week. According to IRS Commissioner John Koskinen, the agency is facing ongoing budget cuts, and due to these reductions, several of the services the ...

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February 14, 2016 

Accounting Thought Leaders Tackle Firm Challenges at Symposium

During the symposium, these professionals will meet with core development and executive staff of key accounting technology providers to determine and shape the future of the profession, including both short- and long-term evolutions in technology, ...

 Taxpayers Beware of Bogus Tax Refund Promises

February 12, 2016 

Taxpayers Beware of Bogus Tax Refund Promises

The IRS is warning taxpayers to be on the lookout for unscrupulous tax return preparers pushing inflated tax refund claims. This scam remains on the annual list of tax scams known as the “Dirty Dozen” for the 2016 filing season.

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February 12, 2016 

Kasich’s Tax Plan Doesn’t Stand Out From the Pack

While the field of Republican presidential candidates is being winnowed down – New Jersey governor Chris Christie and former Hewlett Packard head honcho Carly Fiorina formally withdrew from the race this week – John Kasich is emerging as a ...

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February 12, 2016 

AICPA and NASBA Propose Changes to CPE Provider Standards

The Standards Exposure Draft was initially open for comment April 2015-October 2015. The 2015 comment period resulted in a total of fifty-one (51) comment letters received from sources including CPE providers, licensed practitioners, CPA Firms, State ...