Taxes December 19, 2025
2025-2026 Tax Season Guide to OBBBA Tax Law Changes – SPECIAL SERIES
This series of articles spotlights key tax issues and changes made to tax law in 2025 and the years to come as a result of the OBBBA.
January 26, 2010
OCR Technology is Good for the Firm and Client
Recently, when I was scanning my e-mail, a press release from Thomson Reuters jumped out at me calling attention to its Source Document Processing Service: The Tax & Accounting business of Thomson Reuters announced today that its Source Document Processing service is off to a strong start this tax season, having already processed thousands...…
January 22, 2010
Congress Passes Haiti Aid Bill: Donations Deductible for 2009
As an update to a blog post a few days ago, both chambers of Congress have now passed legislation enabling taxpayers to claim charitable deductions made for Haiti aid relief efforts on their 2009 tax returns. The Haiti Assistance Income Tax Incentive Act passed through the House of Representatives unanimously yesterday, and quickly moved through...…
January 20, 2010
AccuFund Releases Version 3.09
Latest release features enhancements to many of the system’s core modules, adding General Ledger Allocations and email capabilities to the Financial and Standard Report Writers.
January 18, 2010
Haiti Aid May be Deductible for 2009 Returns
Bipartisan Push on Capitol Hill Would Allow Donations to Quake Relief to be Applied to 1040 Returns Currently Being Filed In a seemingly rare display of bipartisan effort by both chambers of Congress, Democratic and Republican leaders in the House and Senate are pushing to quickly pass legislation that will allow U.S. taxpayers to deduct...…
January 18, 2010
Congress Passes Haiti Aid Bill
Democratic and Republican leaders in the House and Senate joined an effort to quickly pass legislation that allows U.S. taxpayers to deduct their Haiti aid donations on their 2009 income tax returns.
January 13, 2010
A Salute to the Ohio Society of CPAs
The OSCPA is continuing their annual tradition of providing free tax return preparation for military families. To qualify, the filer (or one of the joint filers) must be a permanent resident of the state of Ohio and be currently deployed outside of the state. As a veteran who served overseas several times, I would like...…
January 13, 2010
Ohio CPAs to Prepare Tax Returns Free of Charge for Deployed Troops
The Ohio Society of CPAs (OSCPA) will once again provide free tax preparation services to Ohio military families this tax season.
January 11, 2010
Sage Brand Discussed at Thought-Leader Summit
Last week, I was very fortunate to be one of about 20 professionals who were invited to part of a Thought-Leader Summit in Las Vegas. Most of us in the room provide information to the accounting marketplace through content, social media or consulting services. Sage sponsored the meeting because it wanted feedback and advice on...…
January 11, 2010
Unlicensed Tax Preparers to Face Changes, Registration
The IRS announced last week that, starting with next year’s filing season (TY 2010), all paid tax preparers who are not already recognized by the IRS will have to follow new guidelines. The proposal essentially creates a new category of professional preparer (acronym as yet unknown) who will be required to register, receive a preparer...…
January 10, 2010
IRS Proposes Registration, Testing, CPE for All Paid Tax Preparers
With tax and accounting professionals heading into the beginning of the TY 2009 income tax filing season, the IRS has announced significant new changes that it plans to implement starting in Jan. 2011, along with enhanced enforcement measures that will start this season. The changes are geared toward providing regulation of the thousands of unlicensed…