July 25, 2016
3 Tax Tips for Millennials – How to Overcome the Fear
If there’s one thing we all have in common, it’s that no one enjoys filing taxes. But, according to recent studies, millennials feel particularly anxious about the annual process.
July 21, 2016
Good News, Bad News on Student Loan Interest Deduction
The bad news is, if you are paying more than $2.5k per year in student loan interest, the excess is not deductible and cannot be carried forward. Also, if you are making more than $65k per year, the deduction begins to phase out, and if you are making ...
July 20, 2016
IRS Awards $385,000 in Matching Grants to Low Income Taxpayer Clinics
The LITC program is a federal grant program administered by the Office of the Taxpayer Advocate at the IRS, led by National Taxpayer Advocate Nina E. Olson. Although LITCs receive partial funding from the IRS, LITCs, their employees and their ...
July 19, 2016
Clinton or Trump? Politics Invades the Workplace
Management is more likely than employees to argue about candidates, with employers in information technology (47 percent) taking the lead, followed by those in manufacturing (37 percent).
July 19, 2016
Ohio CPA Society Proposes Tax Changes to Boost Business
The Ohio Society of CPAs (OSCPA) in June released a comprehensive white paper to state leaders outlining a series of tax changes CPAs believe will drive a more competitive business environment in Ohio.
July 19, 2016
Special Report Focuses on Sec. 385 Debt-Equity Regulations
Thomson Reuters has released a special report on the recently proposed Treasury regulations under Section 385 of the Internal Revenue Code which, if finalized, would dramatically disrupt the treatment of intercompany debt issued among members of ...
July 14, 2016
Mortgage Rates Drop to 2nd-Lowest Level on Record
Mortgage rates keep dropping as post-Brexit uncertainty weighs on financial markets, with the benchmark 30-year fixed mortgage rate now at 3.52 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average ...
July 13, 2016
3 Tax Tips for Millennials – How to Overcome the Fear
If there’s one thing we all have in common, it’s that no one enjoys filing taxes. But, according to recent studies, millennials feel particularly anxious about the annual process.
July 13, 2016
CFOs Find New Opportunities in Regulatory Complexities
While global financial and regulatory reporting demands have grown exponentially over recent years, CFOs are successfully implementing solutions to handle complex reporting needs while simultaneously increasing the overall agility of their teams and ...
July 12, 2016
Thomson Reuters Launches Redesigned ONESOURCE Tax Platform
Thomson Reuters has launched the completely redesigned interface and user experience of its tax technology platform, Thomson Reuters ONESOURCE. ONESOURCE helps multinational corporations achieve global tax compliance through automation at every step ...
July 12, 2016
2016 Tax Series Fring Benefit #9: Employee Stock Options
What better way to reward your employees by giving them as piece of the pie? Employee stock options are a traditional way to enable employees to become more “invested” in the job. When employees are more motivated, productivity and quality often improve.
July 7, 2016
4 Tips for Managing Expenses When Employees Are On the Road
You’ve seen this before… Companies with road warrior sales teams who hit the highways and rack up frequent flier miles and costs associated with hotels, airfare and rental cars or client entertainment.