Firm Management October 23, 2026
The Future of Your Tax Practice is Connected. Here’s Your Path Forward
Connect your team, clarify next steps, and cut the chase—so your practice grows. Here’s how.
September 29, 2014
IRS Giving Up on Some Deliquent Tax Cases Too Fast, Report Says
The Internal Revenue Service (IRS) may be missing opportunities to collect delinquent taxes because it is not always completely researching cases before closing them as uncollectible. That is the finding of a new report publicly released today by the...
September 25, 2014
New UltraTax CS Features Support Electronic Signatures
Thomson Reuters confirmed today that UltraTax CS will provide an eSignature offering for the upcoming tax season.
September 25, 2014
AICPA Concerned About Electronic Signature Standards for Remote Transactions
The AICPA is concerned that current electronic signature standards for “remote transactions” are not strong enough to protect taxpayers’ confidential information.
September 24, 2014
AICPA Asks IRS for Improved Guidance on Estate and Trust Taxation, Net Investment Income Tax
The American Institute of CPAs has submitted comments to the Internal Revenue Service (IRS) and Department of the Treasury relating to the issue of material participation by a trust or estate in a trade or business for purposes of section 469 of the Internal Revenue Code. The AICPA explained that section 469, which was enacted...…
September 24, 2014
IRS Concedes Defeat on Circular 230 Contingent Fees
The IRS has decided it won’t appeal a recent court ruling handed down in favor of Ryan, a global tax preparation services firm, that invalidates and permanently enjoins the IRS from prohibiting such arrangements for refund claims and amended returns.
September 23, 2014
How Per Diem Rates Can Simplify Travel Expense Reporting
The IRS has just announced new federal per diem travel rates for Fiscal Year 2015 (FY 2015), which spans October 1, 2014 through September 30, 2015. Unlike many other previous years, when per diem rates were typically bumped up just a dollar or two or not
September 23, 2014
Sales Tax Software Company Receives Patent
A Northwest Arkansas software company earlier this month received one of only 15 sales tax-related patents ever issued by the U.S. Patent and Trademark Office.
September 21, 2014
3 Must-Know Tips for Deducting Business Entertainment
There’s nothing new about taxpayers mixing business with pleasure. For instance, a business executive might paint the town red after he or she signs a six-figure contract with a client or customer. Is the cost of entertaining the client or customer ...
September 21, 2014
IRS Extends Deadline to Claim Retirement Loss Deductions
On September 18, the IRS released an advanced copy of Rev. Proc. 2014-54, which provides guidance on certain changes in method of accounting for dispositions of tangible depreciable property. One of the most notable changes in this 93-page document is tha
September 19, 2014
Concur to be Acquired by SAP
SAP, the international developer of enterprise software and customer relationship management systems, has reached an agreement to acquire travel and expense management company Concur, the companies announced early Friday.
September 18, 2014
New IRS Data Suggests Taxpayers Will Pay Less in 2015
The latest report from Wolters Kluwer, CCH offers estimated ranges for each 2015 tax bracket as well as projections for a growing number of inflation-sensitive tax figures, such as the personal exemption and the standard deduction.
September 18, 2014
How to Enjoy the Tax Benefits of Business Convention Vacations
Suppose one of your clients receives a postcard or email heralding a business convention at a lush tropical paradise this winter. It’s hard to pass up and your client may jump at the opportunity. After the early presentations and round-table discussions,