Taxes May 26, 2026
78% of Tax Pros Say Tax Season Negatively Impacts Personal and Professional Life
finished busy season with real, measurable damage to sleep, health, relationships, and decision quality.
February 19, 2015
New Tax Scam Targets Income Tax Preparers
The IRS is warning return preparers and other tax professionals to be on guard against bogus emails making the rounds seeking updated personal or professional information that in reality are phishing schemes.
February 19, 2015
New IRS 8879 Rules Make E-Filing Easier
New guidelines issued by the IRS authorize electronic signatures on Form 8878 (IRS e-file Signature Authorization for Form 4868 or Form 2350) and Form 8879 (IRS e-file Signature Authorization).
February 19, 2015
Tax Questions? The IRS is Now Taking Appointments
The Internal Revenue Service has started taking appointments for customer service. A limited test in 10 of its larger Tax Assistance Centers around the country is meant to see if this approach can help reduce taxpayer wait times during a time of severe bu
February 19, 2015
A Survival Guide to Flying the Not-So-Friendly Skies
The Internet is filled with stories of air rage, reclining seat standoffs, and articles with titles like “The Most Annoying Type of Airline Passenger Is…”
February 19, 2015
Venti Please – Concur Adds Starbucks e-Receipt System
Transaction data from over 27 million Concur users shows Starbucks is the most commonly expensed restaurant and the top location for out-of-office business meetings.
February 18, 2015
Self-Employed Need Permanent Fix for HRA Guidance
One of the nation's leading advocacy groups for self-employed and micro-businesses says that, while the delay in enforcement of the technical guidance issued by the Treasury Department on Health Reimbursement Arrangements (HRAs) is a good move, self-emplo
February 18, 2015
AICPA Wants Additional Guidance from IRS on Deferral of Stock Advance Payments
In a February 13 comment letter from the American Institute of CPAs (AICPA) to the Internal Revenue Service (IRS), the organization addresses two interpretive issues related to the treatment of advance payments deferred under Rev. Proc. 2004-34 ...
February 18, 2015
AICPA & CIMA Launch New Website Designed for CGMAs
The American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) have launched a new professional learning and development website for Chartered Global Management Accountants (CGMAs) designed to equip them with the ...
February 18, 2015
FASB Issues Standards Update for Consolidation Guidance
The Financial Accounting Standards Board (FASB) has issued an Accounting Standards Update (ASU) intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and ...
February 18, 2015
Report Examines President Obama’s $4,000,000,000,000 (Trillion) Budget
Thomson Reuters Checkpoint has released a special report, President’s Fiscal Year 2016 Budget. The President’s budget contains a host of individual and business tax proposals. This report examines some of the budget’s highlights, including the President’s
February 18, 2015
Special Report Examines President Obama’s $4,000,000,000,000 (Trillion) Budget
Thomson Reuters Checkpoint has released a special report, President’s Fiscal Year 2016 Budget. The President’s budget contains a host of individual and business tax proposals. This report examines some of the budget’s highlights, including the President’s
February 18, 2015
Illinois CPA Society Offers 30 Scholarships
The Illinois CPA Society has started accepting scholarship applications for the 2015-16 academic year, the organization announced on Tuesday. Approximately 30 individual tuition and textbook scholarships are available to students who demonstrate strong ac