Income Taxes

Featured Articles

magic8ball_11147421

September 8, 2013 

Income Tax Planning Takes More than a Magic 8-Ball

On the conference room shelf of a CPA’s office I visited recently, I noticed a Magic 8-Ball with the label “free tax answers.” When turned, the die floating in colored liquid inside the ball presses against the window to reveal an affirmative, negative, or non-committal answer such as “cannot predict now.”

Dustin Wheeler

weddingbands

August 29, 2013 

IRS to Recognize Same-Sex Marriages

The Internal Revenue Service and the U.S. Department of the Treasury today ruled that same-sex couples will be treated as married for federal tax purposes, as long as they were legally married in jurisdictions that recognize their marriages.

 2013 Review of CCH ProSystem fx Planning

August 29, 2013 

2013 Review of CCH ProSystem fx Planning

Best Fit: Firms using other components of the ProSystem fx Suite or CCH Axcess Tax that take advantage of the direct integration. Strengths Imports tax data from ProSystem fx Tax and CCH Axcess Tax The license allows for an unlimited number of users at a firm location Interactive tutorial and ample help resources Potential Limitations...…

 2013 Review of Intuit Lacerte Tax Planner

August 29, 2013 

2013 Review of Intuit Lacerte Tax Planner

Best Fit: While firms using Lacerte Tax and DMS will benefit with the direct integration, it may also be considered as a standalone product because it is easy to use and a lower cost alternative than the products reviewed. Strengths User-friendly interface similar to that of the tax program. Easily imports client tax data from...…