October 10, 2014
Americans and Canadians with registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs) now automatically qualify for tax deferral similar to that available to participants in U.S. individual retirement accounts (IRAs) and
October 10, 2014
The IRS says that business e-filing of tax returns rose nearly 10 percent this year, continuing the growth that has seen the number of corporate and partnership returns filed electronically double in just four years, the Internal Revenue Service said toda
October 10, 2014
Bloomberg BNA, a wholly owned subsidiary of Bloomberg L.P. is a publisher of specialized news for business, offering several software programs used by tax and accounting professionals. BNA Income Tax Planner with optional Fifty States creating both federal and state tax plans for clients with complex tax situations. Basic System Functions: 4.75 Stars BNA’s tax...…
October 9, 2014
The IRS field workload selection process is not designed to ensure that cases with the highest collection potential are identified, selected, and assigned to be worked, according to a new report.
October 9, 2014
Fraud costs businesses billions directly, but what is the cost of complacency? Research conducted by the Association of Certified Fraud Examiners (ACFE), the world’s largest anti-fraud organization, indicates that the longer a fraud lasts before it is ...
October 9, 2014
The AICPA is urging the Internal Revenue Service (IRS) to act quickly to relieve the administrative burden imposed on small business taxpayers by the tangible property regulations
October 9, 2014
Are you the kind of tax practitioner who waits for business to walk in the door or do you actively pursue it on your own? Usually, the former will result in flat revenue while the latter enables you to better build and grow your practice.
October 9, 2014
Naturally, everyone’s tax situation is different and the landscape changes year to year. However, absent special circumstances such as pending legislation or drastic economic swings, the tried-and-true strategy of accelerating deductions into ...
October 9, 2014
One of the most nerve wracking aspects about tax season for millions each year is the possibility of being audited. For small business owners and those who are self-employed, the chance of being audited is even greater.
October 8, 2014
The latest ADP Workforce Vitality Index, which measures the total real wages paid to the U.S private sector, is 110.6 in the third quarter of 2014. The index, part of the ADP Workforce Vitality Report, is composed of a number of metrics including ...
October 7, 2014
What are the tax and financial issues of the Supreme Court's decision not to overturn gay marriage rulings in several new states? Although certain aspects are still being sorted out, here’s a brief summary of the lay of the land in several key areas.
October 7, 2014
Right Networks and Track1099 have partnered to offer QuickBooks clients a paper-free and low-cost option for convenient e-filing and e-delivery of 1099-MISC forms this coming tax season.