Taxes December 18, 2025
The AICPA’s letter echoes concerns also raised in a 2016 AICPA comment letter recommending reduced user fees for these types of requests.
March 19, 2014
In a sharply worded letter released Wednesday, Mike Lynch, former chief executive of Autonomy, has accused Hewlett-Packard of misleading shareholders about the accounting problems it claimed to have uncovered at the British company it acquired in 2011.
March 19, 2014
Have you finished polishing your March Madness brackets? Whether you're betting with a small group of friends or taking part in a major pool, there are some tax implications you need to consider.
March 18, 2014
ax and accounting software developer Thomson Reuters has announced new integration between its UltraTax CS tax prep software and its AdvanceFlow cloud-based engagement management software.
March 18, 2014
A 1031 exchange is a swap of one business or investment asset for another without tax. Right? Sure, but there are very specific rules and conditions and if, like many investors, you make one of these common mistakes, you could be paying a significant penalty.
March 18, 2014
State income taxes are often overlooked by the general public, but professional tax return preparers should not make the same mistake. Nevertheless, it is easy to miss tax benefits or liabilities associated with state income taxes, especially as they relate to federal Form 1040.
March 18, 2014
There are strategies that these business owners can take to help alleviate many of these tax time woes, and a big one is by staying in more frequent contact with their accountant. That's according to a new nationwide survey of accounting professionals.
March 17, 2014
After the Japan earthquake three years ago, the Santa Monica, Calif., accounting firm Gumbiner Savett decided to help raise funds to support the victims of that disaster, as well as some of the firm’s affiliates and former staff in the country.
March 17, 2014
New legislation passed by the House tying the “doc fix” to Obamacare is expected to meet its demise on the Senate floor. Thus, a once-promising solution to a long-term problem is likely to turn into another victim of bipartisan politics.
March 17, 2014
This topic has been coming up a lot in the past week or so. And it’s a bit disconcerting to tax professionals who invest time with new clients like this.
March 17, 2014
U.S. District Judge Freda L. Wolfson imposed the prison term on Gottesman and also ordered that he be placed on supervised release for three years when he gets out of prison and that he pay $27,385 owed to the IRS. That amount represents taxes Gottesman owes from 2006 to the present, according to Fishman.
March 17, 2014
Businesses that fail to pass along sales taxes collected from customers to the state could be next in line for the Indiana Department of Revenue's ramped-up enforcement efforts.
March 14, 2014
Increased cost of compliance, ongoing regulatory change and growing importance on reporting place added demands on compliance teams.