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.
December 12, 2014
2015 IRS Mileage Rates: Business Deduction Increases
The IRS has issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
December 12, 2014
IRS Issues New Procedure for Offers in Compromise Appeals
The Internal Revenue Service is releasing a revenue procedure today providing rules for the nationwide rollout of post-Appeals mediation for Offer in Compromise (OIC) and Trust Fund Recovery Penalty (TFRP) cases. The IRS Office of Appeals originally ...
December 12, 2014
Are Your Business Clients Really Ready for Obamacare?
In March of 2010, when the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Acts were passed, the Individual Mandate seemed like a far off event that we didn’t need to worry about just yet.
December 12, 2014
5 Year End Payroll Tips for Small Businesses
The last fiscal year ended with a lot of uncertainty for accountants, partly due to the extension of the Bush-era tax breaks when the American Taxpayer Relief Act of 2012 passed in the Senate at the beginning of 2013. Further tax reforms were ...
December 12, 2014
The True Costs of Opening an Auto Dealership
Is one of your clients thinking about starting an auto dealership? Do you have clients already in that niche? If so, it’s important they know all of the costs they’ll need to cover in the startup phase. Here's a good checklist to go over with them during
December 12, 2014
Bill.com Releases New Fast Pay System for AR, Cash Flow Management
Bill.com has released its new Fast Pay service, which enables small businesses to pay and get paid faster, allowing precise cash flow management. Traditionally, checks and other payments take anywhere from four to ten days to be processed and delivered.
December 12, 2014
IRS Hiring Practices and Salaries Examined in Report
A new report says the Internal Revenue Service (IRS) used its legislative authority appropriately when it temporarily hired employees at salaries higher than those typically given to Federal Government senior executives.
December 11, 2014
For Expense Management, It’s the Busiest Time of the Year
The end of year is traditionally the busiest day for expense claims each year, with the third Monday of the month being the roughest.
December 11, 2014
IRS Announces 2015 Standard Mileage Rates
The Internal Revenue Service has issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.
December 10, 2014
New Affordable Care Act Dashboard Helps Navigate Employer Mandate
Beginning Jan. 1, 2015, the ACA’s employer mandate will require employers to begin collecting and organizing data for submission to meet the mandatory requirements of offering affordable insurance that meets minimum essential value.
December 9, 2014
Bloomberg BNA Launches Premier Federal Tax Guide
Bloomberg BNA has released its inaugural edition of the Bloomberg BNA 2015 Federal Tax Guide, a quick reference guide developed to aid tax practitioners and professionals in the preparation of 2014 individual and business tax returns and 2015 planning. It
December 9, 2014
Are Your Clients Ready for the 2015 Retirement Account Changes?
The New Year is right around the corner, and it’s bringing with it some important changes to the retirement programs that countless Americans depend on. So whether you’re living out your retirement dreams now, or planning for your retirement future, ...