Income Tax
Latest News
PCAOB Publishes Refresher for Auditors on Audit Committee Communications
PCAOB Lays Out 2025 Inspection Priorities
Growth of Sports Betting May Be Linked to Financial Woes, New Studies Find
AICPA & CIMA Announce Inaugural Graduates of the Registered Apprenticeship for Business Partner Program
CPA gets 4.5 year prison sentence in fraud case
A certified public accountant and purported outside auditor for Provident Capital Indemnity Ltd. was sentenced in Richmond, Va., to 54 months in prison for his role in an approximately half-billion-dollar fraud scheme that affected more than 3,500 victims throughout the United States and abroad
1099 Contractor Payroll Software Introduced by PayrollMate.com
The new software module is designed to provide U.S. businesses with the tools they need to pay 1099 contractors and non-employees, to prepare vendor accounting reports, and comply with IRS rules and regulations relating to vendors and independent 1099 contractors.
Illinois CPA Society Launches “Find a CPA” Directory
The Illinois CPA Society has made finding a trusted tax professional easy. Their new free and easy-to-use "Find a CPA" directory allows individuals, businesses and not-for-profit organizations to do a simple search through a database of member CPAs.
Is Marijuana taxation a new market for accountants who handle sales taxes?
Marijuana is now legal in several states, and legal for purely recreational purposes in at least three. This will bring new tax revenues into state coffers... But, will the Feds allow it, and does it matter socially?
Ron Eagle Joins Avalara
Ron Eagle Joins Avalara as Strategic Advisor, as Accounting & Advisory Services Program Continues to Expand. Next phase of development for Avalara’s fast-growing accountants program includes international outreach.
2012 Review of Form Magic, Inc. – Tax-Mate 1099
Form Magic, Inc. – Tax-Mate 1099888-746-0440www.FormMagic.com From the Nov. 2012 Review of W-2 and 1099 Preparation programs. Best Fit: Accounting firms working with large clients that need various import and integration options Strengths Multiple options for importing and entering data Multi-client management tools Built-in diagnostic tools Potential Limitations No built-in invoicing option 2012 Tax-Mate 1099 […]
2012 Review of AccountantsWorld – After-the-Fact Payroll
AccountantsWorld – After-the-Fact Payroll866-999-1366×517www.AccountantsWorld.com From the Nov. 2012 Review of W-2 and 1099 Preparation programs. Best Fit: Accounting firms that need to manage year-end compliance and after-the-fact payroll for multiple clients. Strengths Web-based remote access Multi-client views and dashboards Integration with AccountantsWorld suite E-filing of federal and state forms Potential Limitations Doesn’t have built-in invoicing […]
2012 Review of Spokane Computer Inc – MAG-FILER
Spokane Computer Inc – MAG-FILER800-565-6576www.spokanecomputer.com From the Nov. 2012 Review of 1099 and W-2 Preparation programs. Best Fit: Accounting firms managing year-end compliance for multiple clients. Strengths: Supports multiple import and export formats Offers service bureau option for entire reporting process Performs TIN Verification before submitting Potential Limitations: No built-in invoicing feature MAG-FILER allows users […]