Taxes November 5, 2026
IRS Adjusts Tax Brackets, Standard Deduction for Tax Year 2027
The IRS has released the tax year 2027 annual inflation adjustments for nearly 70 tax provisions.
October 22, 2015
A Small Business Prescription for Health Insurance Premium Tax Credits
Employers are facing increased obligations in 2015 relating to the health insurance coverage provided to employees, but at least some small business owners might benefit from a special tax break.
October 22, 2015
How to Get the Most from Higher Education Tax Credits and Deductions
If a client is still eligible for tax break for higher education expenses, accelerating expenses from 2016 into 2015 may increase the size of the tax benefit. But before we explore that year-end opportunity, here is a quick primer on the three main ...
October 22, 2015
Save More Money By Checking Your Tax Withholding
In addition to payroll wages, income tax is often withheld from other types of income, such as pensions, bonuses, commissions and gambling winnings. Ideally, taxpayers should try to match their withholding with their actual tax liability. If not ...
October 22, 2015
The Pros and Cons of Sales Tax Holidays – A Mixed Blessing
Most tax holidays focus on back-to-school savings with discounts on school supplies, clothing and computers. A few provide discounts on hurricane preparedness and Energy Star products. Louisiana and Mississippi, famously, offer tax holidays for ...
October 22, 2015
3 Tips for Entrepreneurs on Starting a New Business
Like any entrepreneur, I was focused on my own goals those first few years – getting established and growing the business – so the fact that the number of businesses owned by women was about to hit a period of dramatic growth wasn’t my major concern.
October 22, 2015
2015 AICPA Governing Council Recap
The AICPA governing Council's fall 2015 meeting took place this week and focused on the profession’s resilience and relevancy in a time of ongoing complexity and change. Several presentations helped Council members explore the need for the ...
October 22, 2015
The 10 Commandments of the Successful CPA
What you do learn in 40 years or so is what separates a successful CPA from one that struggles every year with mediocre clients and profits. My list of successful attributes is what I like to call the 10 Commandments of a successful CPA starts with ...
October 22, 2015
IRS Working with States and Tax Companies to Prevent ID Theft
As part of the Security Summit process, members from the IRS, states and industry are co-chairing and serving on several teams. The teams have focused on a number of areas including improved validation of the authenticity of taxpayers and information ...
October 22, 2015
The Most Important Factors In Keeping Retirement Savings Safe
Don’t be so quick to simply accept what a financial advisor offers for your retirement – that’s the takeaway from multiple red flags since the 2008-09 economic crisis.
October 22, 2015
CPA.com Focuses on Helping CPA Firms Embrace Innovation
The shift in value proposition for CPA firms is due to emerging technologies such as the cloud and changing client expectations.
October 22, 2015
Tax Year 2015: Top 10 Tax Planning Issues
As 2015 draws to a close, a turbulent economic and legislative environment means taxpayers need to keep a close eye on several major planning issues, according to Grant Thornton LLP.
October 22, 2015
Christen Selected as New AICPA Board Chairman
Christen struck a tone of urgency in his acceptance speech, saying the profession should embrace change – and do it fast – to ensure a bright future, attract the best talent and be in the strongest position to serve the public interest.