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.
September 2, 2015
Thomson Reuters Checkpoint Releases Updated Single Audit Solution
Updates to Thomson Reuters Checkpoint provide customers with a single audit tool for the first time that complies fully with the Office of Management and Budget’s (OMB) recently released 2015 Compliance Supplement. Specifically, this edition of PPC's ...
September 2, 2015
How to Make Retirement Planning Easier
While most survey participants find their 401(k) – a workplace savings plan that lets employees invest a portion of their paycheck before taxes are taken out – a crucial benefit, with nine in 10 calling it a “must have,” most do not seek professional ...
September 2, 2015
How to Avoid Hidden Retirement Investment Fees
Saving enough money for retirement can be a tricky proposition even under the best circumstances. But when some of those dollars are being siphoned away by hidden – and perhaps unnecessary – fees, then the path to a secure retirement becomes even more dif
September 1, 2015
IRS Watchdog Issues Review of Agency’s Tax Credit Claims
The IRS’s processing of tax returns that reported or claimed Premium Tax Credits (PTC) during the 2015 filing season was challenged by delays in receiving data from some Health Insurance Marketplaces (Exchanges), according to ...
September 1, 2015
Bill.com and Xero Offer Integration
Business payments network Bill.com, and cloud accounting maker Xero, now integrate for key payment and accounting processes.Business owners can now sync their Xero and Bill.com accounts to integrate bill pay with online accounting—providing small ...
September 1, 2015
IRS Workers Busted for ID Theft, Filing Bogus Returns
Who can you trust with sensitive personal information like your Social Security number (SSN) and tax return data? Evidently, not even the people who used to work at the IRS. In a new case, a former IRS employee was sentenced on August 26 to two years ...
September 1, 2015
IRS Skipped Some Procedures When Selling Seized Properties
Over the past four fiscal years (2011 through 2014), the IRS has received approximately $114 million in proceeds from the sale of seized taxpayer assets. This audit was initiated to analyze the IRS’s seizure and sale program to determine whether the ...
September 1, 2015
AICPA Seeks Feedback on Revisions to CPA Exam
The Exposure Draft is the next step in the practice analysis, an extensive research project to ensure that the CPA Exam supports the profession’s commitment to protect the public interest, and remains current, relevant and reliable.
September 1, 2015
Wealth Manager Gives Long-Term Budget Advice to LGBT Couples
For LGBT couples, modern families and society in general, history is being made rapidly. Following the movement of a majority of U.S. states to approve marriage equality over the pat couple of years, the Supreme Court voted to make same-sex marriage a right nationwide. “The progress we’ve made as a community and as a society...…
August 31, 2015
Canadians’ Summer Spending Results in Deeper Debt
Many Canadians didn't seem to let economic uncertainty and concerns about another recession spoil their summer fun. As summer comes to an end, almost one third of Canadians (29%) are carrying more debt than they did in May.
August 31, 2015
Business Owners Lack Confidence in Planning for the Long-Term
Just over half of the business owners surveyed said they have had their businesses valued in the last three years, and the resources they are most likely to turn to for guidance are CPAs and financial professionals.
August 28, 2015
Trump Says Some Wealthy Should Pay Higher Taxes, Including Himself
Donald Trump, the billionaire frontrunner for the Republican Party’s nomination for president in 2016, says he wants to cut taxes for the middle class. And if that ends up increasing the tax burden for the wealthiest Americans, including himself, so be it