Accounting April 17, 2026
Last Chance to Vote in the 2026 Readers’ Choice Awards!
Each year, readers get the opportunity to show their support for the programs, hardware, services, and other technologies they use and trust.
June 6, 2016
IRS Explains Certified PEO Program
Revenue Procedure 2016-33, posted on IRS.gov, along with temporary and proposed regulations published last month in the Federal Register, carries out legislation enacted in late 2014 requiring the IRS to establish a voluntary certification program for ...
June 6, 2016
Increase in Payments Fraud Worries Financial Pros
Eighty-eight percent surveyed believe that payments fraud will become a bigger threat to the financial services sector over the next two to three years. Despite this anticipated increase, just one in 10 attendees felt that an effective ...
June 3, 2016
New York CPA Society Names New President
An NYSSCPA member since 1987, Zovistoski has served on the Society’s Board of Directors each year for the past six years—two of them as the Society’s secretary/treasurer. He’s also served as Finance Committee chair and Northeast Chapter president, as ...
June 3, 2016
How to Deduct Tuition Costs When Going Back to College (Trump Univ. Doesn’t Count)
Can you deduct the cost of going back to a school to get ahead in your career? It depends. If you pass a definitive tax law test, certain expenses are deductible on your personal tax return, albeit as miscellaneous expenses subject to an annual limit.
June 3, 2016
IRS Needs To Clamp Down on Hobby Losses, Says Watchdog
pproximately 1.2 million taxpayers may have used hobby losses to reduce their taxable incomes to potentially avoid paying $2.8 billion in taxes in 2005. The overall objective of the latest review was to determine whether the IRS is taking sufficient ...
June 1, 2016
Electronic Tax Return Reader
2016 Innovation Award Winner -- The Electronic Tax Return Reader imports data from borrowers’ electronic tax returns, including financial and real estate information. The patent-pending technology supports PDF files created directly from select tax ...
June 1, 2016
Your Identity Has Already Been Stolen, Warns Inspiration for Catch Me If You Can
Your identity has already been stolen, whether you know it or not, according to one of the most senior identity theft experts in the world. Abagnale was the real-life inspiration for the character played my Leonardo DiCaprio in the 2002 movie "Catch ...
May 31, 2016
This Post-Tax Season, Start Scanning for Next Year’s Tax Viruses
In spring 2017, you will spend more than half your waking hours staring at tax returns unless you change your process. What would enable you to run your business more profitably and less painfully?
May 25, 2016
Accounting Firm Closes Offices for Day of Giving Back to Communities
The yearly firm-wide community service event works with nonprofits to set up a variety of day-long philanthropic projects that serve the communities where employees live and work.
May 25, 2016
Tax Court Approves Compensation Paid to Business Founder’s Sons
On its tax returns, the company deducted about $4 million in compensation and $7.3 million paid to the sons in 2003 and 2004, respectively. The IRS audited the business and partially disallowed the deductions for compensation.
May 25, 2016
5 Arrested, Charged With IRS Phone Scam Worth $2 Million
Federal agents have arrested five people who are facing charges of impersonating IRS agents in scams that have persisted for more than three years. Victims lost more than $2 million and were contacted by phone and told they owed back taxes or other fees.
May 24, 2016
Free Whitepaper: “What If” is Here! 1095-C Reporting Meets Big Data
This product is ideal for SMBs with 50+ employees. Based on our experience with hundreds of clients and prospects, a lot of “what you don’t know you don’t know” thinking exists. Given the complexities that we share in this White Paper, your ...