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.
November 29, 2014
Black Friday is Over, Now It’s Time to Shop Local – Small Business Saturday Focuses on Neighbors
Today marks the arrival of Small Business Saturday, the fifth annual national event co-sponsored by American Express to encourage holiday shoppers to spend some of their cash at locally-owned storefronts in their neighborhood.
November 29, 2014
U.S. Senator Suggests Income Tax Incentive for Food Bank Donations
On the day before Thanksgiving, U.S. Senator Bob Casey (PA, D.) called upon Congress to step up the fight against food insecurity nationally by approving a Senate bill that would increase tax incentives for individuals and small and mid-sized businesses donating food to food banks. Senate Bill 1395, known as the Good Samaritan Hunger Relief...…
November 28, 2014
How Collaborative Accounting Can Help Grow Your Practice
Expectations from business owners and clients have changed. This is particularly true with accounting software and the impact on traditional write-up services.
November 27, 2014
Last Chance to Get CPE: Big Online Event Dec. 4, Register Now
I go to a lot of accounting conferences. Frequently I'm a speaker, talking as one practicing accountant to other accountants about improving communication with their clients and colleagues. Over the years, I've noticed a few problems with these conferences that I would like to rectify.
November 26, 2014
GASB Issues Standards for Lease Accounting by Governmental Entities
The Governmental Accounting Standards Board (GASB) has issued for public comment a Preliminary Views, Leases, which includes proposals to improve the accounting and financial reporting for leases for state and local governments from both a lessee ...
November 26, 2014
Money Saving Tips for Black Friday Shopping
This season, Thanksgiving and Black Friday are predicted to be huge days for discounts and holiday sales, with retailers like Macy’s and JC Penney opening their doors earlier than ever before to get in on the shopping action.
November 26, 2014
5 Year-End Tax Tips for Charitable Giving During the Holidays
Feeling generous this Holiday Season? The Internal Revenue Service is reminding individuals and businesses making year-end gifts to charity that several important tax law provisions have taken effect in recent years. Some of the changes taxpayers should k
November 26, 2014
10 Ways to Handle Customer Complaints During the Holidays
For the customer service sector, the holiday season is crunch time. With more shoppers, more sales, more shipping, more advertisements, and more product demand, there's (so much) more potential for something to go wrong. At the same time, shoppers' expect
November 26, 2014
IRS Holding Millions in Frozen Tax Credits and Refunds from Taxpayers
Frozen credit accounts that are not adequately identified and resolved could lead to: barred assessments, collections, and refunds due to the expiration of the applicable statute of limitations; unnecessary payment of additional interest to taxpayers for
November 25, 2014
Marijuana and Accounting Revisited
Two years ago, in the wake of the election ballots legalizing recreational use of marijuana, I wrote a small blog post noting that as a new and rapidly-growing industry, there might be an opportunity for a new accounting practice area.
November 25, 2014
GASB Issues Preliminary Views on Reporting Government Fiduciary Responsibilities
The Governmental Accounting Standards Board (GASB) has issued for public comment a Preliminary Views, Financial Reporting for Fiduciary Responsibilities.
November 25, 2014
4 Ways to Sell the Cloud to Your Clients
When you find something you know will work for your practice and your clients – you jump at it. But what do you do when others just aren’t sharing the love? In the case of cloud solutions, it’s all about spotlighting the many benefits ...