Latest Articles

January 26, 2015 

It’s not quite “lights out” yet for the residential energy credit. This tax break for homeowners, which has expired and been renewed numerous times in the past –sometimes with modifications -- was extended once again by the Tax Increase Prevention Act of

January 26, 2015 

Intuit has announced the second annual QuickBooks Connect conference will be held in San Jose, California, on November 2. Last year, the inaugural event brought together nearly 4,000 entrepreneurs, small businesses, accounting professionals and ...

January 26, 2015 

Unless you’ve been way out of touch, you probably know that a key part of the Affordable Care Act (ACA), aka Obamacare, requires that taxpayers have qualifying health care coverage. Those without will need to qualify for an exemption, or pay a penalty.

January 26, 2015 

Intuit has released a new integration with for marketplaces running on the Stripe online payment network. The features will allow “drivers”, "Rabbits" and "campaign creators" of sharing economy companies to automate tax reporting via the ...

January 24, 2015 

Professional accountants using the cloud expense management system Tallie can now earn continuing professional education credits through Tallie training sessions.

January 24, 2015 

The quarterly report shows how and where business travelers spend the "company dime," from hotels and airlines, to favorite fast food restaurants, car rental companies and yes, even taxi-style car service providers.

January 24, 2015 

Are you participating in an employer-sponsored retirement plan? If your company has one, consider yourself fortunate. But if you’ve been ignoring whatever your company is offering, this year make a resolution to get the facts. A good retirement plan will allow you to defer taxes on whatever you contribute to your 401(k) account until you...…

January 24, 2015 

The research credit is like the cat with nine lives…except it’s more. This credit, which technically expired after 2013, was just reinstated by the Tax Increase Prevention Act (TIPA) retroactive to January 1, 2014. By last count, it’s the 16th time ...

January 24, 2015 

The American Institute of CPAs is urging top tax lawmakers in the U.S. Congress and Senate to give the IRS the authority to grant relief in appropriate situations when taxpayers miss a statutory deadline or make an error in making an election.

January 24, 2015 

Microsoft has officially announced Windows 10, which purports to be the final version of its legacy operating system. What does this mean to accounting professionals? A lot, depending on the uptake rates of the new system and whether clients jump on the b

Dave McClure

January 23, 2015 

Gambling losses aren’t completely tax-deductible on their own, but you can write off losses up to the amount of your winnings. Those winnings are taxed at ordinary income rates reaching as high as 39.6% on the federal level.

January 22, 2015 

Currently there is no federal regulation that mandates employers to pay their employees for sick time. Although many companies voluntarily offer their full-time employees some paid sick leave, numerous U.S. employers do not provide any paid sick leave ...

James Paille