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.
May 28, 2014
IASB and FASB Jointly Set New Revenue Recognition Standard
The standard will improve the financial reporting of revenue and improve comparability of the top line in financial statements globally. Revenue is a vital metric for users of financial statements and is used to assess a company’s financial performance and prospects. However, the previous requirements of both IFRS and U.S. GAAP were different and often…
May 27, 2014
AccountEdge
May 27, 2014
QuickBooks Premier
May 27, 2014
Infographic Shows Sales Tax Holidays Across U.S.
Sales tax compliance is one of the most volatile issues that many businesses have to deal with, with more than 8,000 taxing jurisdictions across the country. From the state and county-level, to cities and special purpose zones like metro transit authorities.
May 27, 2014
Forbes Magazine Ranks Xero as #1 Most Innovative Growth Company
Cloud accounting software vendor Xero has been chosen by Forbes Magazine as the top company in it's list of the World's 100 Most Innovative Growth Companies.
May 27, 2014
Thomson Reuters Releases Topical Newsletters for Accounting Firms
The tax and accounting arm of Thomson Reuters has released two new content marketing solutions for CPA firms interested in growing their accounting, auditing, and international tax practices.
May 27, 2014
Thomson Reuters Launches Blog to Help Firms Increase Revenue
Thomson Reuters kicked off a new blog series today that will show UltraTax CS users how to enhance client relationships and generate additional revenue by using data mining capabilities within the software.
May 27, 2014
Summertime Tax Tip #6: Climb Over Tax Obstacles for Business Vehicles
Congress keeps threatening to close some of the long-standing loopholes in the tax law. But one key tax break for business people has remained on the books despite numerous efforts to repeal it. It’s the special tax provision for certain heavy-duty vehicles.
May 27, 2014
When Is it Just a “Quick Question” and When is it Billable Consulting?
Some people will tell you to never give away anything for free. Some will tell you that you give what you get. For me, I make the call on a case by case basis. It depends on the question – can I answer it quickly? It depends on the person asking – are they really…
May 27, 2014
IRS Nixes “Pump-and-Dump” Obamacare Strategy
Employers can’t get around the Obamacare “shared responsibility” provision simply by giving employees tax-free cash to pay for health insurance from a state-run exchange. In effect, this would pump up a worker’s pay and dump them in the marketplace. According to a new question and answer (Q&A) posted on the IRS website, as initially reported…
May 26, 2014
Worker at Texas Subway Sues Over Payroll Debit Card
Jake Branson earns $7.25 an hour making sandwiches at a Subway in Leander, Texas, a suburb of Austin. Those wages used to come in the form of a paper check. Starting last month, though, he began receiving his pay on a prepaid Visa card. Most of it, that is.
May 26, 2014
Bay Area Workers Pushing for $15 Minimum Wage
At $10.74 an hour, San Francisco already has the nation's highest big city minimum wage. But it could soon have company, as labor and community activists in cities from Richmond to Sunnyvale push wage increases that could turn the Bay Area into a high-wage hub.