996c738c80f0b11f3d0f6a7067005acf.jpg_11172845

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 Debuting in 1974, the outdated Form 990-PF is difficult to follow and has caused confusion to those in ...

Hillary Clinton  55c0e409e9d59

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...…

Leadership 1  5509839450046

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 ...

mergers_and_acquisition_1_.54298f636f49a

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...

ThomsonReuters_image

August 3, 2015 

Free Report Focuses on Compliance with New SSARS 21 Standards

A new report called The Potential Pitfalls of SSARS 21 is now available from Thomson Reuters Checkpoint. The report focuses on significant changes to the Statements on Standards for Accounting and Review Services (SSARS) to help CPAs avoid potential ...

2016 United States Presidential Election Schedule 1  55be86fc39d81

August 2, 2015 

Want Reform? The Tax Plans of the 2016 Presidential Candidates

The field for next year’s presidential derby is crowded and prospective candidates have started jockeying for position. One of the main issues that can set these politicians apart is tax reform. Some candidates have already unveiled detailed proposals ...

 Republicans Call for IRS Commissioner’s Head

July 30, 2015 

Republicans Call for IRS Commissioner’s Head

Koskinen stepped into the limelight in 2013 when President Obama appointed him to succeed Daniel Werfel, who in turn had replaced Acting IRS Commissioner Steven Miller while the Tea Party scandal unfolded. The current head honcho at the IRS had ...