Latest Articles

June 2, 2014 

The IRS isn’t backing off on its tough stance involving the “once-a-year-IRA rollover” rule. In the aftermath of a new case tightening the restriction for IRA owners (Bobrow, TC Memo 2014-21), it recently announced it intends the follow the Tax Court’s lead on this issue. However, showing some leniency, the IRS now says it won’t…

Ken Berry, JD

June 2, 2014 

Thomson Reuters will be offering two new, full-day tax and accounting and auditing webinars presented by Bisk CPEasy in June, July, and August.

Isaac M. O'Bannon

June 2, 2014 

Perform routine tasks from anywhere with this new free iPhone app! Checkpoint Pocket Assistant includes the 2013 Tax Rate Guide (with Federal income, gift and estate tax rates) plus the COLA Profit-Sharing Plans. Like Kind Exchange Calculator — Quickly determines the realized gain, recognized gain and basis of the like-kind property received for most like-kind...…

June 2, 2014 

Fresh off signing a $77 billion budget into law, Gov. Rick Scott made a pit stop in Panama City Monday as part of his Let's Keep Small Business Working Tour and campaign for re-election.

May 30, 2014 

An income tax preparer in the Miami, Florida suburb of Plantation has pleaded guilty to filing $22 million in false refund claims with the federal government.

May 30, 2014 

Business accounting technology provider Open Systems, Inc. has added fully-integrated credit card processing to its flagship TRAVERSE accounting and business software suite.

May 30, 2014 

Internal Revenue Service investigators have charged a Northeast Portland woman of filing as many as 173 fraudulent tax returns claiming more than a $1 million in refunds.

May 30, 2014 

It’s a common practice during the summer: After a spring cleaning, people try to sell the household items they no longer need or want in a “garage sale” (known as a “lawn sale, “tag sale” or some other name in parts of the country). But what do they do with those items that are left…

Ken Berry, JD

May 30, 2014 

Many executives are either hesitant to make the transition to the cloud or they have it buried under a twenty-page to-do list. Ironically, moving to a cloud-based phone system has the potential to shorten that list immensely. Switching to the cloud provides a secure and effective means of scaling for seasonal spikes. Cloud-based communication systems…

May 30, 2014 

Big 4 accounting and consulting firm KPMG LLP has acquired the hedge fund group Rothstein Kass, the companies have announced. Most partners and employees of Rothstein Kass will join KPMG.

May 29, 2014 

Sage North America is gearing up for its annual learning event, the Sage Summit. Whether you've attended the Summit in the past or are new to the event, you're likely to experience a new way of learning, growing, and improving your business.

Gail Perry

May 29, 2014 

When a worker changes jobs, what do they do with their 401(k) or other employer-based retirement savings? That's a question of increasing interest and concern to policymakers and employers alike.

Isaac M. O'Bannon