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 4, 2015
The Easiest Way to Lower Income Tax Liability
With income tax planning now on the minds of many taxpayers and tax professionals, our year-end tax planning series looks at several methods to lower tax liability in the current year.
October 2, 2015
Woman who bragged on Facebook about tax fraud gets 21 year sentence
Rashia Wilson, a self-proclaimed "queen of IRS tax fraud," was sentenced today to 21 years in federal prison.
October 2, 2015
IRS failing in efforts to curb ID theft tax fraud
The IRS is running into problems as it struggles to get control over the wave of identity theft tax refund fraud that has engulfed the Tampa, Florida, area and spread to other parts of the country over the last three years.
October 1, 2015
The NLRB Provides Ammo to Labor Unions
In recent years, unions and politicians alike have increasingly questioned the use of temporary workers, contract employees, and independent contractors. For example, Uber has been in the news recently over whether its drivers are employees of the ...
October 1, 2015
CPAs in Illinois Reach Out for Community Action
More than 1,200 Certified Public Accountants in Illinois got out of their offices on Sept. 25 and participated in a coordinated effort to give back to their communities. The CPA Day of Service was sponsored by the Illinois CPA Society (www.icpas.org).
September 30, 2015
Intuit Turns to Wind Power for its Offices
The maker of small business accounting and tax tools will be switching its Plano, Texas (Dallas) technology campus to wind power as part of a commitment to reduce greenhouse gas emissions and improve energy efficiency.
September 30, 2015
AICPA Tips: Economic Shifts
As an accounting professional and trusted business advisor, you can help your business clients more proactively prepare for the shifting winds of the domestic and global economies. To learn more, visit http://www.cpapowered.org.
September 30, 2015
FASB Seeks Changes to Financial Statement Disclosures Required by GAAP
The Financial Accounting Standards Board (FASB) has issued two exposure drafts related to its disclosure framework project. The public, including accounting professionals and other stakeholders, have until December 8, 2015, to review and comment on ...
September 29, 2015
Accounting Firm WithumSmith + Brown Gets Funky
The staff at WithumSmith+Brown seem to be trying to erase the stereotype that accountants are boring. In it's fifth "state of the firm" video, members of the firm dance and sing along with Uptown Funk by Mark Ronson and Bruno Mars.
September 29, 2015
IRS Gives Tax Relief to Farmers and Ranchers in 48 States and Puerto Rico
The one-year extension of the replacement period announced today generally applies to capital gains realized by eligible farmers and ranchers on sales of livestock held for draft, dairy or breeding purposes due to drought.
September 29, 2015
Thomson Reuters Adds Content on New York’s Corporate Tax Overhaul
New York’s latest tax system overhaul has brought about substantial changes and complex transitional rules. They affect New York-based corporations as well as companies that conduct business with New York corporations or have customers in the state.
September 29, 2015
AICPA Awards $264,000 in Minority Doctoral Academic Fellowships
the American Institute of CPAs has awarded 22 deserving scholars the Minority Doctoral Fellowship. Funded by the AICPA Foundation, this unique Fellowship provides $12,000 each to full-time minority accounting scholars who have demonstrated the ...