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 3, 2014
Should Firm Partner Income be Allocated by Comp Committee?
The correlation between size of firm and use of a compensation committee to allocate partner income is no surprise to CPA industry observers – the trend seems to gather steam every year, according to The Rosenberg Survey.
September 2, 2014
How to Handle Payroll Overpayments and Repayments
Now is a great time to sort out any anomalies that could complicate year-end and W-2 processing. And two of the most common are overpayments and repayments.
September 2, 2014
2014 Rankings of College Accounting Programs
Which colleges have the best accounting degree programs? The answer depends on many factors, of course, starting with what the individual is looking for.
September 2, 2014
How to Grow Your Firm Through New Services
Offering new services enables your accounting firm to generate additional revenue, and build stronger relationships with existing clients while adding new ones. While a majority of firms may offer seasonal/tax time services, offering new ones, such as bill pay, can significantly impact your bottom line.
September 2, 2014
State Treasurers Worried About Upcoming Vote by Federal Reserve and FDIC
A majority of the nation’s state treasurers are expressing their concerns about an imminent vote by the Board of Governors of the Federal Reserve System, the FDIC and the OCC that treasurers believe will negatively impact the finances of state governments across the country.
September 2, 2014
NSA to Offer 1040 Tax Seminar at Mohegan Sun Casino
The National Society of Accountants (NSA) is offering a two-day Gear Up 1040 Individual Tax Seminar November 20-21, 2014 at the Mohegan Sun Casino and Resort in Uncasville, CT.
September 2, 2014
Small Business Jobs Index Shows Mixed Results
Strong small business employment growth propelled the Mountain region into the lead among regions.
September 2, 2014
AICPA Accepting Suggestions on Next Version of CPA Exam
The American Institute of CPAs has issued an Invitation to Comment, requesting feedback from key stakeholders to shape the next version of the Uniform CPA Examination. The comment period opened today and runs through December 2.
September 2, 2014
How to Improve Your Return on Human Capital Investment
here is no shortage of workers for businesses, but there is a lack of the evolving, essential skills needed for both employee and organizational growth. With employee salaries making up nearly half of many company’s operating expenses,
September 2, 2014
ATP and ABA Credential Holders Exempted from IRS Voluntary Exams
Accredited Tax Preparers (ATPs) and Accredited Business Accountant/Advisors (ABAs) are exempt from the requirement to take an Annual Federal Tax Refresher (AFTR) course and exam that is part of the new Internal Revenue Service (IRS) voluntary Annual Filing Season Program (AFSP).
September 2, 2014
FASB Commended for Update to Financial Guidance Reporting of Going Concern Entities
"“The CAQ commends FASB for its efforts in developing a standard that provides guidance regarding a preparer’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern, and, where required, to provide footnote disclosures about going concern uncertainties each reporting period," said executive director Cindy Fornelli.
September 1, 2014
Using Your Car for Business Purposes? Keep Good Records for the Tax Deduction
What often sets business taxpayers apart from individuals is the potential for deducting expenses relating to business driving. For virtually everyone else, the cost associated with operating a car or other vehicle is a nondeductible personal expense. However, if you use your own vehicle for business trips, you’re usually entitled to deductions on your federal…