Latest Articles

October 10, 2014 

Americans and Canadians with registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs) now automatically qualify for tax deferral similar to that available to participants in U.S. individual retirement accounts (IRAs) and

October 10, 2014 

Anymore, the typical workday is a combination of work at your desk, work on the phone, work on the run, work from remote locations, work at client offices, keeping up with the news - all while juggling your own personal life and staying connected with the

Gail Perry

October 10, 2014 

The Social Security Administration (SSA) recently released its Fast Facts & Figures about Social Security in 2014. The statistics show that for many retirees, Social Security is integral part of their savings with 65 percent of aged beneficiaries receivin

October 10, 2014 

The IRS says that business e-filing of tax returns rose nearly 10 percent this year, continuing the growth that has seen the number of corporate and partnership returns filed electronically double in just four years, the Internal Revenue Service said toda

October 10, 2014 

Cloud-based payroll service provider Payroll Vault ended its second annual conference by honoring several of its franchisees. The conference was held at the Inverness Hotel in Englewood, Colorado.

Isaac M. O'Bannon

October 10, 2014 

Bloomberg BNA, a wholly owned subsidiary of Bloomberg L.P. is a publisher of specialized news for business, offering several software programs used by tax and accounting professionals. BNA Income Tax Planner with optional Fifty States creating both federal and state tax plans for clients with complex tax situations. Basic System Functions: 4.75 Stars BNA’s tax...…

Bill Kennedy

October 10, 2014 

You probably know the income, sales, and use tax rules in your own state and local jurisdictions without having to do much research. But what if a new client walks in the door and presents you with a tax situation in a state where you have not practiced b

Gail Perry

October 10, 2014 

Risk mitigation when your practice is attacked is an economic consideration. What will breach reporting cost? What will recovery cost and time lost be? Although we are not likely to be terminated by our clients or our firm, even this type of loss ...

October 9, 2014 

The IRS field workload selection process is not designed to ensure that cases with the highest collection potential are identified, selected, and assigned to be worked, according to a new report.

Isaac M. O'Bannon

October 9, 2014 

Fraud costs businesses billions directly, but what is the cost of complacency? Research conducted by the Association of Certified Fraud Examiners (ACFE), the world’s largest anti-fraud organization, indicates that the longer a fraud lasts before it is ...

Isaac M. O'Bannon

October 9, 2014 

Recent NLRB actions and court decisions have taken the issue of joint employers, independent contractors, and leased employees far beyond a single industry.

Richard D. Alaniz, JD

October 9, 2014 

The AICPA is urging the Internal Revenue Service (IRS) to act quickly to relieve the administrative burden imposed on small business taxpayers by the tangible property regulations