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.
March 21, 2016
There’s Still Time To Reduce Your 2015 Income Taxes
The deadline for contributions to IRAs is April 18, this year’s filing deadline. For tax year 2015, most people under 50-years old may contribute the larger of either their taxable compensation for the year, or $5,500 to a Traditional IRA; those 50 or ...
March 21, 2016
3 Smart Ways To Use Income Tax Refunds
The average tax refund in 2015 was approximately $2,800 according to the IRS, and similar refunds are expected in 2016. For those getting a refund, there are many options to consider for what to do with this unexpected income.
March 17, 2016
Tax Scammers Phishing Attempts Getting More Bold
Amazingly, the IRS has seen an increase close to 400 percent in phishing and malware incidents so far this tax season.
March 17, 2016
IRS Warns Of New Tax Scams
The latest variation being seen in the last few weeks tries to play off the current tax season. Scam artists call saying they have your tax return, and they just need to verify a few details to process your return. The scam tries to get you to give up ...
March 17, 2016
4 Steps for Small Businesses to Prepare for Tax Season
Preparing to file taxes can sometimes be a year-round job, even for small businesses. It may involve different responsibilities, including estimating tax payments, planning to buy or lease capital equipment, developing retirement-saving strategies, etc.
March 17, 2016
There’s a Tax Method to March Madness
If you’re on track for a big payday, be aware that the IRS is entitled to collect its fair share. What’s more, unbeknownst to many taxpayers, a winning bracket can also cause state income tax complications.
March 17, 2016
IRS Increases Interest Rates for 2nd Quarter 2016
Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
March 16, 2016
How Accountants Can Help Clients Avoid Scams
Accountants pride themselves on their role as protectors of their clients -- using their continuing education; vast resources from the IRS and industry; and even the audit process to help business owners and investors to side-step the worst of the ...
March 16, 2016
Tax Season: Go Be a Hero
Tax accountants have always been the white knights. Auditors were viewed by clients as necessary, consultants the fascinating innovators, but tax accountants were there to save the day.
March 16, 2016
IRS Returns Seized Cash to Convenience Store Owner
The IRS seized more than $150,00 from a convenience store owner’s bank account in 2014 – virtually all the money he had in the world – even though he did absolutely nothing wrong. It has taken the taxpayer nearly two years to get the money bank and ...
March 15, 2016
Special Report Looks At European Anti-Tax Avoidance Package
Thomson Reuters Checkpoint has just released a special report, European Commission Presents Anti-Tax Avoidance (ATA) Package, summarizing the ATA Package to help businesses plan for the latest developments in advance of implementation.
March 15, 2016
Tax Reform Takes Center Stage in 2016
The Protecting Americans from Tax Hikes Act of 2015 (PATH Act) may be the last significant tax bill of the Obama administration. With the 2016 presidential election looming, tax directors are closely watching how America’s choice will impact the tax ...