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.
October 5, 2015
IRS Begins Exchanging Tax Information With Other Nations: Focus On Enforcing FATCA
With a focus on enforcing FATCA, the Foreign Account Tax Compliance Act, the Internal Revenue Service is now exchanging financial account information with the taxing authorities in selected countries.
October 5, 2015
AICPA Urges Congress to Act Now on Tax Extenders
More than fifty provisions in the Internal Revenue Code, commonly referred to as “tax extenders,” expired at the end of 2014 or will expire at the end of this year.
October 4, 2015
Charitable Donations Increase, Led By Online Giving
The latest Blackbaud Index shows that overall charitable giving to nonprofits increased 1.3% and online giving increased 5.9% for the three months ending August 2015 as compared to the same period in 2014.
October 4, 2015
34% of U.S. Small Businesses Have Been Hit by Disasters – It Pays to Be Prepared
The American Sustainable Business Council says 57 percent of small businesses have no disaster recovery plan.[3] As September is Disaster Preparedness Month, now is as good a time as any to start planning.
October 4, 2015
The Easiest Way to Lower Income Tax Liability
With income tax planning now on the minds of many taxpayers and tax professionals, our year-end tax planning series looks at several methods to lower tax liability in the current year.
October 2, 2015
IRS failing in efforts to curb ID theft tax fraud
The IRS is running into problems as it struggles to get control over the wave of identity theft tax refund fraud that has engulfed the Tampa, Florida, area and spread to other parts of the country over the last three years.
October 2, 2015
Woman who bragged on Facebook about tax fraud gets 21 year sentence
Rashia Wilson, a self-proclaimed "queen of IRS tax fraud," was sentenced today to 21 years in federal prison.
October 1, 2015
CPAs in Illinois Reach Out for Community Action
More than 1,200 Certified Public Accountants in Illinois got out of their offices on Sept. 25 and participated in a coordinated effort to give back to their communities. The CPA Day of Service was sponsored by the Illinois CPA Society (www.icpas.org).
September 29, 2015
IRS Gives Tax Relief to Farmers and Ranchers in 48 States and Puerto Rico
The one-year extension of the replacement period announced today generally applies to capital gains realized by eligible farmers and ranchers on sales of livestock held for draft, dairy or breeding purposes due to drought.
September 29, 2015
Thomson Reuters Adds Content on New York’s Corporate Tax Overhaul
New York’s latest tax system overhaul has brought about substantial changes and complex transitional rules. They affect New York-based corporations as well as companies that conduct business with New York corporations or have customers in the state.
September 29, 2015
AICPA Says It Supports Disaster Tax Relief Proposal
The American Institute of CPAs (AICPA) is endorsing the permanent disaster tax relief provisions in Title III of the proposed National Disaster Tax Relief Act of 2015.
September 29, 2015
It’s Time for a 4th Quarter Income Tax Tuneup
With summer vacation over and school back in session, it’s time to help those extreme tax procrastinators get their returns filed. But what about the rest of your clients − the “good” ones whose taxes you completed way back in April?