Tax Planning

October 10, 2014 

The ProSystem fx Suite from CCH offers integrated applications for tax and accounting firms. While CCH also has cloud-based solutions known as CCH Axcess, for now Planning is only a network or locally installed program which can import tax data from either ProSystem fx Tax or CCH Axcess Tax. However, plans can be created manually...…

Bill Kennedy

October 10, 2014 

Bloomberg BNA, a wholly owned subsidiary of Bloomberg L.P. is a publisher of specialized news for business, offering several software programs used by tax and accounting professionals. BNA Income Tax Planner with optional Fifty States creating both federal and state tax plans for clients with complex tax situations. Basic System Functions: 4.75 Stars BNA’s tax...…

Bill Kennedy

October 9, 2014 

Are you the kind of tax practitioner who waits for business to walk in the door or do you actively pursue it on your own? Usually, the former will result in flat revenue while the latter enables you to better build and grow your practice.

Ken Berry, JD

October 9, 2014 

Naturally, everyone’s tax situation is different and the landscape changes year to year. However, absent special circumstances such as pending legislation or drastic economic swings, the tried-and-true strategy of accelerating deductions into ...

Ken Berry, JD

September 30, 2014 

While most Americans are thinking about football season, the MLB baseball playoffs, the coming NBA season, hockey or the upcoming holidays, savvy financial professionals are advising taxpayers to think about their taxes.

Isaac M. O'Bannon

September 18, 2014 

Thomson Reuters has released a new multi-volume WG&L Estate Series treatise for estate planners, Tax Planning for Family Wealth Transfers at Death: Analysis with Forms. This WG&L treatise, by Howard M. Zaritsky, renowned estate planner and author...

Isaac M. O'Bannon

September 14, 2014 

[This is part of a series of articles on maximizing deductions for travel and entertainment (T&E) expenses.] Normally, you can’t deduct the cost of traveling between your home and your job, even though the travel is, in reality, business-related. The IRS considers “commuting” to be a nondeductible personal expense. However, if you qualify under the IRS’...…

Ken Berry, JD

July 17, 2014 

Thomson Reuters has released the 2014-2015 edition of the Tax Planning Guide, which accountants, lawyers, tax professionals, and financial advisors distribute to clients and prospects.

Isaac M. O'Bannon

April 27, 2014 

Traditionally, tax planning is targeted to individual taxpayers, but small business owners can also benefit from such tax-saving techniques. Instead of waiting until the very end of the year to pitch ideas to clients, present them with the following ten strategies at midyear.

April 21, 2014 

Bloomberg BNA is typically relied on to provide high levels of tax, regulatory and compliance expertise. Used by thousands of tax professionals, including the IRS, Bloomberg BNA provides a number of solutions for tax, accounting, financial planning and estate planning.

Steven M. Phelan

April 7, 2014 

According to a new study conducted by the UK-based accounting firm network UHY International, “Old” world economies charge higher inheritance and estate taxes than “New” world economies.

March 20, 2014 

Wow! I just read an article about a woman who died six years ago and no one noticed. (Talk about a senior’s biggest fear.) It seems that she had so much liquidity in her bank account that her automatic payments lasted that long – before her mortgage company finally foreclosed.

Eva Rosenberg