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 19, 2014
Summertime Tax Tip #5: Hot Dog! Get a Tax Break for Having a Company Picnic
Summer is the time for grilling burgers and hot dogs, escaping to the beach or woods or just relaxing and enjoying the warm weather. Of course, there’s nothing to prevent you from mixing in a little business with the pleasure. If your clients handle things the right way, and keep detailed records, they can write…
May 19, 2014
GASB Releases Exposure Draft on Fair Value Measurement and Application
The Governmental Accounting Standards Board (GASB) today issued for public comment a proposed Statement addressing accounting and financial reporting issues related to fair value measurements.
May 19, 2014
CPA2Biz Rebrands Itself as CPA.com
CPA2Biz, a subsidiary of the American Institute of CPAs, has changed it's name to CPA.com to more closely align the business with its mission of "empowering CPAs and businesses for the digital age."
May 19, 2014
Small Business Optimism Increases, But Uncertainty Persists
Small business optimism increased in April, according to the National Federation of Independent Businesses. The group's April index rose 1.8 points to a post-recession high of 95.2. The economy continues to perform modestly and April’s index followed suit as it crossed the 95 marker for the first time since 2007. Seven Index components improved, one…
May 19, 2014
Oregon Couple Honored as Small Business Persons of the Year
Burning the candle at both ends, an Oregon couple is now experiencing the sweet smell of success. Husband-and-wife team Billy Taylor and Brook Harvey-Taylor, the founders of Portland, Ore. based company – Pacifica, have been named today this year’s National Small Business Persons of the Year at the U.S. Small Business Administration (SBA), National Small…
May 19, 2014
AICPA Honors Non-Accountant with Highest Award
The AICPA Medal of Honor recognizes an individual who is not a CPA whose work has had a significant impact on the profession. The Medal of Honor is the highest AICPA award for a non-CPA.
May 18, 2014
IRS Gives Up On Tax Preparer Licensing, RTRP Lawsuit
For many years, states and local governments have been trying to rein in unlicensed income tax preparers, and the Internal Revenue Service joined a few years ago with the idea of a national testing and regulatory system that the agency would oversee. So, it created one.
May 18, 2014
Summertime Tax Tip #4: Harvest a Bumper Crop of Tax Breaks
For many farmers, harvest time comes at the end of the summer. The same thing is true for your clients who are active traders in the stock market. But you must caution them that the tax landscape has changed in recent years.
May 18, 2014
Florida Creates Sales Tax Holiday for Hurricane Supplies
Florida Governor Rick Scott has signed a state law that establishes a sales tax holiday for purchases of a hurricane supplies such as batteries, tarps and portable generators.
May 15, 2014
Sage Launches ERP X3
Sage North America has announced the release of Sage ERP X3 version 7, a global business management solution for midsized companies, designed to address businesses’ top challenges of winning new customers, reducing operating costs and growing revenue. Because companies with more accessible, usable data grow faster, Sage ERP X3 version 7 brings flexibility and an…
May 15, 2014
How A Standard Email Format Changed Our Relationships with Clients
I recently saw a blog article titled “The Email Line That’s Client Repellent” and clicked through, thinking “I hope I don’t do this…” and when I read the article, guess what? GUILTY!
May 15, 2014
Manufacturers Say Lack of Skills Leave Jobs Unfilled
One in three manufacturers surveyed by the Federal Reserve Bank of Philadelphia said they have experienced significant labor shortages, with some positions remaining unfilled for more than three months.