Latest Articles

January 24, 2016 

The tax relief postpones various tax filing and payment deadlines that occurred starting on Dec. 23, 2015. As a result, affected individuals and businesses will have until May 16, 2016 to file their returns and pay any taxes due.

January 24, 2016 

If your clients are running a business as a corporation or LLC, they may be wondering what they need to do to maintain that LLC or corporation each year. Running a corporation/LLC is more involved than running a sole proprietorship/partnership, but it ...

Nellie Akalp

January 24, 2016 

Five new members of the Internal Revenue Service Advisory Council (IRSAC) have been announced by the Internal Revenue Service. The organization provides an organized public forum for IRS officials and representatives of the public to discuss key tax ...

January 22, 2016 

The CFO is trained to picture every detailed step when reviewing a process. The CFO foresees bottlenecks in operational activities few others are trained to find. As a result, the CFO brings a new level of clarity to software development, eliminating ...

January 22, 2016 

Internal controls over financial reporting and data security have leaped to the top of the list of compliance issues that cause sleepless nights for executives who prepare corporate financial information.

January 22, 2016 

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

January 21, 2016 

Hawaii is the state where Americans are most likely to live paycheck to paycheck, whereas residents of Minnesota are least likely, according to a new ranking released today by leading personal finance website GOBankingRates.com.

January 21, 2016 

Minnesota state officials are trying to take some of the sting out of high student-loan debt, rolling out a new program that could allow thousands of residents to refinance student loans and drive down monthly payments.

January 20, 2016 

How many returns can your firm prepare during tax season? Adding staff hours during busy season is problematic for the firm and filing extensions is problematic for customers. In the absence of these two options, what else can you do?

January 20, 2016 

The AICPA Legacy Scholars program awards recipients with a one-year scholarship and uses on-campus service work to help them develop the soft skills, including leadership and communications, needed to thrive in the accounting profession.

January 20, 2016 

Although the PATH Act doesn’t include the numerous proposals to change how the RTC is calculated or increase its credit rate, it does expand its availability to two kinds of small businesses.

January 20, 2016 

Asking the right questions can make a big difference when hiring a tax preparer. It helps ensure that you are getting a qualified professional who knows the tax code and will act ethically and responsibly in filing your tax return.