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 8, 2015
Portfolio Shows How States Are Applying Sales Tax to Cloud Computing Transactions
New guidance is available for state and local tax professionals that examines how cloud computing is increasingly affected by state sales taxes.
October 8, 2015
New Content Helps Accounting Pros with Changes to Financial Reporting Requirements
The FASB has a project underway to improve accounting rules for financial instruments and is expected to issue a final standard in late 2015 to make targeted improvements to existing Generally Accepted Accounting Principles (GAAP).
October 8, 2015
Financial Audit Fees Rose 3.4 Percent In Last Year
Fees paid by public and private companies to outside financial auditing firms increased from 3 to 3.4 percent over the last year, according to a report from the Financial Executives Research Foundation.
October 8, 2015
New Mobile App Helps SMBs with CRM and Client Engagement
vCita Mobile is an integrated, customizable client engagement and CRM app that enables small business to access information, perform critical client facing tasks, and quickly serve customers 24x7, while saving resources on routine tasks such as ...
October 8, 2015
CFPB Examines Loan Servicing Failures as Student Loan Debt Hits $1.2 Trillion
The Consumer Financial Protection Bureau (CFPB) has released a report outlining widespread servicing failures reported by both federal and private student loan borrowers. Consumers describe companies using a wide range of sloppy, patchwork practices that can create obstacles to repayment, raise costs, cause distress, and contribute to driving struggling borrowers to default. The Bureau has...…
October 7, 2015
CPA.com Partnership Offers Lending Platform for CPA Firms and Clients
Biz2Credit will become part of CPA.com’s Partner Solutions, a lineup of best-in-class services that CPA firms can offer clients seeking business efficiency, flexibility and better financial insight into their operations. For CPAs, these services can ...
October 7, 2015
IRS Gives Extra Tax Extension to South Carolina Flood Victims
South Carolina flood victims, including individuals and businesses that previously received a tax-filing extension to Oct. 15, will have until Feb. 16, 2016, to file their returns and pay any taxes due, the Internal Revenue Service has announced.
October 6, 2015
Millennials Struggle To Manage Credit While Boomers Express Confidence
America's population is in the midst of a major generational shift as Baby Boomers look toward retirement and a younger generation re-shapes the workforce. A national survey released today by loanDepot LLC, America's lender, suggests Americans may be ...
October 6, 2015
25% of Global Companies Say They Won’t Meet BEPS Deadline
Finance ministers for the G20 countries called on the OECD to develop the BEPS Action Plan to help nations align their corporate tax policies. This week, the OECD will present the plan to the G20 finance ministers in Lima, Peru.
October 6, 2015
Grant Thornton Sees $1.45 Billion Record Revenue in 2015
Organic growth for Grant Thornton was strong across all businesses. All of the firm’s industry groups also grew in fiscal year 2015, with Consumer & Industrial Products (CIP), Energy and Financial Services seeing double-digit gains.
October 6, 2015
Bill.com Launches New Accountant Resource Center
Bill.com has launched its Accountant Resource Center as a major new feature of the Bill.com Accountant Program. The Center includes valuable tools and best practice guidance to fuel the growth of bookkeeping and bill pay services.
October 5, 2015
IRS Deadline for Those With Tax Extentions is October 15 – Last Minute Tips for Filers
Taxpayers whose tax-filing extension runs out on Oct. 15 are being urged to double check their returns for often-overlooked tax benefits and then file their returns electronically. It's also not too late to seek professional tax guidance from a CPA or EA.