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.
October 20, 2014
2014 Tax Planning Report Highlights Opportunities and Challenges for Tax Professionals
Thomson Reuters has released a new special report on year-end tax planning for 2014 for individuals and businesses. The report highlights the unique opportunities and challenges faced by taxpayers in today’s uncertain legislative environment. It describes the moves to make by year-end to achieve maximum overall tax savings for 2014 and later tax years. It...…
October 20, 2014
AICPA Announces 2014 Leadership Academy Class
The American Institute of CPAs has announced the 2014 Leadership Academy graduating class. These 37 future leaders of the accounting profession participated in an intensive four day program in Durham, N.C., which concluded earlier this month.
October 20, 2014
Special Report Focuses on New Financial Statement Preparation, Compilation and Review Standards
The report provides an overview of the AICPA’s Accounting and Review Services Committee’s new standard, which clarifies and revises the Statements on Standards for Accounting and Review Services (SSARS).
October 20, 2014
AICPA Offers New Tools to Help Accounting Firms Enhance Diversity
The American Institute of CPAs today announced the launch of two new tools to help CPA firms and organizations expand and enhance their diversity and inclusion efforts. AICPA President and CEO Barry Melancon, CPA, CGMA, made the announcement at the AICPA’
October 20, 2014
Sage Finalizes Acquisition of PayChoice, Introduces Sage Payroll Solutions
Sage North America has finalized the closing of its acquisition of privately-held PayChoice, a provider of payroll solutions for small and medium-sized businesses (SMBs). Under Sage management, the payroll systems will now be known as Sage Payroll Solutio
October 20, 2014
10 Year-End Income Tax Tips for 2014
Year-end Tax Guide for 2014 highlights the most important tax planning considerations for individuals and small businesses.
October 20, 2014
James Brown, CPA, Honored for Long Service to Accounting Profession
Indiana Certified Public Accountant (CPA) James L. Brown has been named the winner of this year's Sustained Contribution Award by the American Institute of CPAs (AICPA). The award recognizes members who have contributed measurably to the AICPA ...
October 20, 2014
AICPA Asks IRS for Clarification on S Corp Distributions
The American Institute of CPAs (AICPA) sent a letter to the Internal Revenue Service (IRS) explaining that an ambiguity exists under current rules for determining adjustments to the accumulated adjustment account (AAA) of an S corporation when both ...
October 20, 2014
5 Ways Your Accounting Firm Can Win More RFPs
It’s that time of year when everyone is out shopping accounting services. While most of us would like all new business opportunities to be referrals where we’re the only person or firm competing for the business, the reality is that it doesn't happen ...
October 20, 2014
AICPA Names Recipient of Gold Medal Award for Distinguished Service
The American Institute of CPAs (AICPA) has presented Frank K. Ross, CPA, the Institute’s 2014 Gold Medal Award for Distinguished Service.
October 20, 2014
How Does the Marketplace Fairness Act Affect Use Taxes
While almost everyone has heard of sales tax, many business owners are unaware that most states have a “use tax.” State laws treat sales and use tax as two separate taxes, but in reality they act in concert to complement each other. Think of them as a “pay me now or pay me later” tax....…
October 16, 2014
How to Max Out On Itemized Income Tax Deductions in 2014
[This is part of a special series about year-end tax planning and preparation.] In the usual case, the tried-and-true tax strategy at the end of the year is to pull deductions into the current year and push income into the following year. And, for the most part, it still makes sense. But now there’s a few...…