Latest Articles

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May 4, 2014 

Is An MBA Degree Tax Deductible? It Depends

Suppose one of your clients has his or her sights set on obtaining an MBA or another advanced degree. Usually, it takes significant time and effort to achieve this goal, especially if the degree candidate is currently working on a full-time or part-time basis. But earning the degree could be well worth the “blood, sweat…

Ken Berry, JD

 Summertime Tax Tip #1: Mix In A Little Pleasure on Business Trips

May 4, 2014 

Summertime Tax Tip #1: Mix In A Little Pleasure on Business Trips

Due to recent advances in technology, you can now talk face to face with someone halfway across the country without even budging from your desk. Yet it’s still important at times for business people to “press the flesh” or meet in person with an associate to conduct meetings or consummate a deal. At least, a…

Ken Berry, JD

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May 2, 2014 

Event to Bring Businesses, Accountants and Developers Together

Intuit event will bring small business users, accountants and developers together to learn how to achieve greater productivity and profitability using QuickBooks Online. The conference is scheduled for Oct. 22-23 in the California San Francisco Bay area.

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May 1, 2014 

National Employment Report Shows 220K Jobs Added in April

Employment at private companies in the U.S. increased by 220,000 jobs from March to April according to the April ADP National Employment Report. The report is produced by ADP, a provider of Human Capital Management (HCM) solutions, in collaboration with Moody’s Analytics. It is derived from ADP’s actual payroll data, measures the change in total…

Isaac M. O'Bannon

 AICPA Opposes Legislation That Would Limit Cash Accounting Methods

May 1, 2014 

AICPA Opposes Legislation That Would Limit Cash Accounting Methods

In a letter to House Ways and Means Committee Chairman Dave Camp, the American Institute of CPAs (AICPA) has voiced strong opposition to draft legislation that would limit the use of the cash method of accounting for pass-through entities and personal service corporations.

 IFRS Foundation Seeks Advisory Council Members

April 30, 2014 

IFRS Foundation Seeks Advisory Council Members

The Trustees of the IFRS Foundation are seeking applications for membership of the IFRS Advisory Council, after the terms of a number of its members expire at the end of 2014. The primary objective of the Advisory Council is to provide a forum where the IASB and the Trustees consults individuals and representatives of organizations…