Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
August 3, 2016
Thomson Reuters Adds Guidance on Sales And Use Tax Exemptions
The latest topic added to Thomson Reuters Checkpoint Catalyst provides accounting professionals with a state-by-state analysis of the sales and use tax exemptions available for manufacturing-related purchases.
August 2, 2016
New FASB Update to Enhance Tax Disclosure Requirements
The proposed ASU is part of the FASB’s broader disclosure framework project to improve the effectiveness of disclosures in notes to financial statements by clearly communicating the information that is most important to users of a reporting ...
August 2, 2016
IRS Warns of New Phone Scam Involving iTunes Gift Cards
The Internal Revenue Service is warning taxpayers to stay vigilant against an increase of IRS impersonation scams in the form of automated calls and new tactics from scammers demanding tax payments on iTunes and other gift cards.
July 31, 2016
Taxing Pokemon: States Get In On the Action
Lures aren’t the only way to spend real money in the Pokémon world. Although free to play, “Players can spend real money on PokéCoins, the in-game currency of Pokémon Go.” 99 cents gets you 100 PokéCoins; $99.99 buys you 14,500. According to developer ...
July 31, 2016
2016 Fringe Benefits Tax Series #14: Retirement Planning Services
A provision for retirement planning services was added to the tax code back in 2001. As long as certain requirements are met, these benefits of such a program, which are usually reasonable in cost, are tax-free to employees and deductible by the ...
July 29, 2016
ACA Update: ObamaCare Issues to Watch in 2016
The ACA has significantly changed the health insurance industry and yet, popularity of the law is still split. According to a recent Kaiser Family Foundation tracking poll, 43 percent approve of the law while 41 percent oppose it.
July 28, 2016
Avalara Partners with Institute of Certified Bookkeepers (ICB)
The partnership offers ICB members’ access to Avalara’s newly accredited Compliance CloudTM platform, VAT Expert, and services which delivers an end-to-end suite of transactional VAT compliance solutions for determination, forms management and returns ...
July 26, 2016
Sage Foundation Donates $50,000 to Chicago High School Girls Organization
The grant was presented by Sage Chief People Officer, Sandra Campopiano to Director of Business and Corporate Relations at Brave Initiatives, Jen Kamins, in front of an audience of nearly 15,000 at McCormick Place. Speaking after presenting the check, ...
July 26, 2016
Back to School Tax Tips
As the final weeks of summer tick away, back-to-school sales are ramping up and it's time to think about getting those kids back in the classroom. It's also a good time to think about a variety of tax breaks and deductions available for qualifying ...
July 25, 2016
2016 Fringe Benefits Tax Series #13: Lodging for Business Purposes
Generally, the IRS says that the value of lodging furnished to an employee may be excluded from taxable wages only if it meets the following three conditions. (Different tests may apply to lodging furnished by educational institutions.)
July 25, 2016
3 Tax Tips for Millennials – How to Overcome the Fear
If there’s one thing we all have in common, it’s that no one enjoys filing taxes. But, according to recent studies, millennials feel particularly anxious about the annual process.
July 22, 2016
New Fiscal Year Brings Sales Tax Changes Across the Country
There have been a number of red-letter changes to date in 2016, most notably with respect to state sales tax rates, eliminating exemptions, and remote sales tax laws. More are sure to follow during the second half of the year.