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.
August 9, 2015
IRS Lacks Ability to Authenticate Foreign Documents for ITIN Applications
This audit was initiated because TIGTA received an IRS employee complaint referred from a Member of Congress alleging that the IRS’s ITIN application processes and procedures do not ensure that documents certified by a foreign issuing agency are ...
August 9, 2015
Giftstarter Platform Brings Cloud to Gift Giving
A new online service is making gift giving easier. GiftStarter allows family and friends to combine individual budgets to give better gifts to loved ones.
August 9, 2015
Wisconsin Accounting Grad Student Wins AICPA Inspiration Award
The award, sponsored by the AICPA, is bestowed upon a student who has experienced extreme hardships in his or her life and who has demonstrated an unusually high level of success despite that adversity. The award includes a $5,000 cash stipend.
August 7, 2015
Are You Ready for Same Day ACH Electronic Payments?
The move to same-day ACH is game-changing. The rule would enable the option for same-day ACH payments through new ACH Network functionality.
August 7, 2015
Tips to Get the Most Tax Benefit From Car Donations to Charity
In the past, donating cars to charity was a win-win situation for the donor and organization, even if you were giving away a lemon. All you had to do was arrange the pick-up or drop-off, refer to an auto-buying guide like the Kelley Blue Book (KBB) and th
August 7, 2015
Accounting and Tax Professionals Urge Congress to Pass Tax Practitioner Bill of Rights
The National Society of Accountants (NSA) has sent a letter to all Members of Congress urging them to enact legislation to support the “Tax Practitioners Bill of Rights,” which NSA issued on June 16, 2015.
August 7, 2015
Thomson Reuters Launches CPE Network for Corporate CPA Professionals
Thomson Reuters has launched its new Corporate CPE Network subscription to help corporate professionals acquire up-to-date information, recommendations and best practices needed to understand, plan for, and implement new tax law and accounting ...
August 4, 2015
Center for Audit Quality Funds Research by U. Wisconsin Professor
A new research project by the Wisconsin School of Business aimed at providing auditors, regulators, and policy-makers with a model for understanding and interpreting audit studies is one of three projects to receive funding from the Center for Audit Quali
August 4, 2015
Sales Taxes Across U.S. Rose Slightly in 2Q 2015
The U.S. average combined sales tax rate shrunk marginally in the second quarter despite a 30 percent increase in new local indirect taxes, according to the latest ONESOURCE Indirect Tax report from Thomson Reuters.
August 4, 2015
New York CPA Society Tells IRS to Change Form 990
Private foundations use Form 990-PF to report on their activities and charitable distribution as well as figure taxes based on investment income. Debuting in 1974, the outdated Form 990-PF is difficult to follow and has caused confusion to those in ...
August 4, 2015
7 Conversations That Keep Staff Engaged and Productive
At its core, business is simply a network of interconnected conversations. And the health of a company can often be gauged by watching the interactions between employees and their leaders.
August 4, 2015
“The Data-Enabled CEO”- 5 Steps to Turn Data Insights into Competitive Business Advantages
Today’s CEOs face a host of complex business challenges, including how to harness disparate streams of data to generate pragmatic insights and deliver increased profitability. The difficulty CEOs face is not in obtaining the data, but in determining ...