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.
July 26, 2014
Feds Charge Pennsylvania Woman with Embezzling $562K
Felicia Anne Straub knew that her boss suspected someone was embezzling from the Whitehall Township repo business where she worked as an office manager.
July 26, 2014
Congress Votes to Increase Child Tax Credit
More families with higher incomes could claim the popular child tax credit under a bill that won approval Friday in the House. But in a dispute that divides Republicans and Democrats, millions of the poorest low-income families would still lose the credit in 2018, when enhancements championed by President Barack Obama are set to expire.
July 25, 2014
How Content Marketing Can Strengthen Client Relationships
By now, you’ve probably heard of “content marketing,” even if you’re not sure what it is or why it’s being talked about in the accounting industry. It’s not just jargon thrown around by marketing professionals, and it definitely has a place in your firm. Simply put, content marketing is connecting with your clients without pushing…
July 22, 2014
Pay Raises for Recent College Grads Fall Short of Average
Salaries for recent college graduates have risen at less than half the pace for all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found.
July 22, 2014
Improving ‘Quits Rate’ Shows Workers Have More Confidence in Job Market
Five years into recovery from the Great Recession, the economy is still too weak to stimulate the kind of dynamic labor market in which workers routinely move from one employer to another, building their careers and bank accounts and advancing the nation's long-term growth prospects.
July 22, 2014
Michigan Supreme Court Allows Three-Factor Apportionment for Business Tax
On July 14, 2014, the Michigan Supreme Court ruled that the Multistate Tax Compact (MTC) election applies to both the modified gross receipts and net income tax bases in International Business Machines v. Michigan Department of Treasury.
July 22, 2014
10 Strategies to Leverage Your Firm’s IT Investment
Technology is embedded in every area of your firm, and leveraging IT investment is key to business success. Here are 10 strategies to help your firm maximize its IT investment.
July 21, 2014
The “Magic Bullet” for Accounting Firms
We are on the road to healthy eating, starting with the recent purchase of a Magic Bullet, a high-powered blender that pulverizes fruits and vegetables into a really gross-looking liquid. We’ve been putting in spinach, kale or carrots, plus any kind of fruit – melon, berries and bananas – and in just 30 seconds, we’re…
July 21, 2014
FASB Redesigns Technical Agenda Website
The Financial Accounting Standards Board (FASB) today relaunched its technical agenda web page to provide a more user-friendly graphic overview of each Board project and enable visitors to better understand how individual projects relate to the Board’s overall activities. The new plan is found at fasb.org/technicalagenda.
July 21, 2014
Attracting and Recruiting a New Generation of Accountants
In order to continue the long-term success of an accounting practice, it’s crucial for CPAs to invest in the screening, interviewing and relationship development with up and coming accounting professionals. As the class of 2014 just received their diplomas, there is a host of fresh talent equipped with technology experience, new ideas and the drive…
July 21, 2014
AICPA Tells Congress to Expand Use of Cash Accounting Method
The American Institute of CPAs has voiced its support for expanding the availability of the cash method of accounting to small businesses.
July 21, 2014
Washington Residents Can Nominate Small Businesses for Award
Do you live in Washington State and know of a local business that does a lot in your community? The Washington Secretary of State is now accepting nominations for the 2014 Corporations for Communities Award.