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 21, 2014
Resume Mistakes? HR Managers Becoming More Forgiving
Even in an era of typo-ridden texts and tweets, making a goof on your resume can still prove costly, according to a recent survey by Accountemps. Sixty-three percent of senior managers said just one or two resume mistakes would eliminate an applicant from consideration for a job.
May 21, 2014
Report Shows the Best Cities for Young Professionals to Start a Career
With many employers adopting a wait-and-see approach to both the economic recovery and Obamacare and many young people refusing to adjust expectations in the face of stiff competition, the effective unemployment rate for Americans ages 18 - 29 is currently 15.5 percent.
May 21, 2014
Ohio Society of CPAs Supports Federal Financial Statement Transparancy Act
The Ohio Society of CPAs (OSCPA) is commending Representative Jim Renacci (R-Ohio), a CPA, for his introduction of the Federal Financial Statement Transparency Act of 2014 in the U.S. House of Representatives, a bill with bipartisan support that will make for a more accountable and transparent federal government.
May 21, 2014
Tax Pro Says Pennsylvania Same-Sex Marriage Ruling Creates Tax Advantages for LGBT Families
Tax experts from the Philadelphia LGBT practice of Marcum LLP advise that Tuesday's court ruling overturning the ban on same-sex marriage in Pennsylvania opens up important planning opportunities for these families. Marcum is the first national accounting firm with a practice dedicated to tax and estate planning for same-sex couples.
May 21, 2014
New Legislation Targets Companies that Claim Foreign Status for Tax Purposes
There has been a surge of American companies that have changed the address of their headquarters to a foreign country, a maneuver referred to as an “inversion” that allows them to avoid U.S. taxes. The FACT (Financial Accountability and Corporate Transparency) Coalition hails the introduction of legislation to close the “inversion” loophole,.
May 21, 2014
Abila Introduces New Features to netFORUM Pro Social CRM System
Abila today announced that advanced new features have been added to its Social CRM technology solution, netFORUM Pro version 2014.1. These features include deeper batch accounting functionality, membership renewal enhancements, and overall improvements to the user interface, further enhancing the already enjoyable user experience. Abila provides software solutions dedicated to serving dynamic membership associations, nonprofit…
May 21, 2014
IRS Names New Members of Tax Exempt Advisory Committee
The Internal Revenue Service has announced that its Advisory Committee on Tax Exempt and Government Entities (ACT) will hold a public meeting on June 11, when the panel will submit its annual reports and recommendations to senior IRS executives. Ten newly appointed members of the panel (listed below) will also be introduced at the public…
May 21, 2014
Fraud Prevention for Financial Institutions
E. Michael Thomas, CFE, CPA, CIA, a partner with Crowe Horwath, LLP, discusses fraud prevention for financial institutions.
May 21, 2014
Report: Businesses Losing 5% of Revenue to Fraud
Organizations around the world lose an estimated five percent of their annual revenues to occupational fraud, according to a survey of Certified Fraud Examiners (CFEs) who investigated cases between January 2012 and December 2013. Applied to the estimated 2013 Gross World Product, this figure translates to a potential total fraud loss of more than $3.5…
May 21, 2014
AICPA Says IRS Voluntary Preparer Regulation System Doesn’t Protect Taxpayers
The nation's largest professional association for accounting professionals, the American Institute of CPAs (AICPA), has come out opposed to the new voluntary tax return preparer regulation program that the Internal Revenue Service (IRS) is planning.
May 21, 2014
Illinois CPA Society to Host Conference for Young Professionals
The Illinois CPA Society’s Young Professionals Leadership Conference positions the next generation of finance and accounting professionals for future success, and this year’s conference features strategies to bring connectivity into the workplace. Additional presentations include insight into creating power teams, relationship-building for business opportunities and a case study in destructive culture.
May 21, 2014
Commercial Construction Slows in Q1, But Growth Expected
The Marcum Commercial Construction Index for the first quarter of 2014 shows that extreme winter weather conditions suppressed nonresidential construction activity during the period, with spending declines in all three months of the period. The index predicts a return to expansion during the remainder of the year, however.