Taxes

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January 26, 2016 

Consumers Increasingly Concerned About Tax-Related Fraud

Consumer awareness of identity theft and tax-related fraud is on the rise this year, and along with it increased concerns over becoming a victim. Experian recently surveyed consumers nationwide for its annual tax study, focusing on a number of ...

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January 25, 2016 

How to Inject More Cash into a Small Business

Are any of your small business clients in need of a cash influx? Thanks to the new tax law -- the Protecting Americans from Tax Hikes (PATH) Act – small business owners can offer a unique tax incentive to investors: A 100 percent tax exclusion on the ...

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January 24, 2016 

5 Outrageous, But Legitimate, Income Tax Deductions

As tax professionals, we all have stories to tell about the dubious items our clients want to “write off” on their tax returns ─ and after many years of hearing the same questions, many of our answers are quite well-rehearsed.

 IRS Names 5 New Members To Advisory Council

January 24, 2016 

IRS Names 5 New Members To Advisory Council

Five new members of the Internal Revenue Service Advisory Council (IRSAC) have been announced by the Internal Revenue Service. The organization provides an organized public forum for IRS officials and representatives of the public to discuss key tax ...

 Minnesota Launches Student Loan Refinancing Program

January 21, 2016 

Minnesota Launches Student Loan Refinancing Program

Minnesota state officials are trying to take some of the sting out of high student-loan debt, rolling out a new program that could allow thousands of residents to refinance student loans and drive down monthly payments.

 How Firms Can Optimize Staff Productivity During Tax Season

January 20, 2016 

How Firms Can Optimize Staff Productivity During Tax Season

How many returns can your firm prepare during tax season? Adding staff hours during busy season is problematic for the firm and filing extensions is problematic for customers. In the absence of these two options, what else can you do?

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January 20, 2016 

11 Tips When Selecting An Income Tax Preparer

Asking the right questions can make a big difference when hiring a tax preparer. It helps ensure that you are getting a qualified professional who knows the tax code and will act ethically and responsibly in filing your tax return.

 How Accounting Firms Can Benefit From The ACA

January 19, 2016 

How Accounting Firms Can Benefit From The ACA

The passage of the Affordable Care Act (ACA) has brought major change to the accounting profession as individuals and companies are increasingly turning to accountants and tax preparers for help in complying with new health care mandates and ...

Jon Baron

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January 19, 2016 

Tax Deduction For Teacher Expenses Made Permanent

The deduction is available for more than just art supplies, videos and the like. The definition of “qualified expenses” also encompasses other supplies, books, computer equipment (including related software and services), other equipment and ...