July 22, 2015
In light of the Supreme Court’s King v. Burwell decision, Thomson Reuters has issued an update on the process for companies to comply with the individual and employer mandates of the Affordable Care Act.
July 22, 2015
If you have ever had a client facing identity theft, you know that the first thing they want to find out is what specific information was compromised. But, until recently, the IRS has had a policy in place that prevented identity theft victims from ...
July 22, 2015
Says the bill encompasses recommendations proposed by the AICPA that would relieve burdens imposed on small businesses by the tax code.
July 22, 2015
The Internal Revenue Service (IRS) is currently planning activities to address a recurring financial material weakness in its internal control over unpaid tax assessments. However, planning for the Customer Account Data Engine 2 (CADE 2) Transition State 2 (TS2) has not included specific actions and activities necessary to guide new system development efforts and to...…
July 22, 2015
By utilizing technology for proactive engagement throughout the year, and especially early on the tax season, CPAs can improve client preparation and retention and minimize that last minute scramble in April.
July 21, 2015
Now is the perfect time to look at the fringe benefits you provide to your employees. This specific taxation is a main focus of the IRS right now, and they recently conducted several free webinars to review the taxability of fringe benefits.
July 16, 2015
One of the groups working on tax reform for the Senate Finance Committee (SFC) has just recommended that the two higher education credits and the tuition deduction be combined into a single credit. But significant tax reform is still in its infancy.
July 7, 2015
Effective midway through this year -- July 1, 2015, to be exact – certain employers that pay the health insurance premiums of its employees will be assessed hefty fines for their generosity.
July 7, 2015
The Institute wants to build a system that would be programmed to provide a continuous analytical evaluation of a firm’s engagement performance that would require human review when the system identified concerns. It would review all firms that perform ...
July 7, 2015
Greatland, a provider of W-2 and 1099 products for businesses, has acquired Irvine, Calif.-based NewportWave, a company specializing in W-2 and 1099 software and support.
July 1, 2015
According to a new report by the Electronic Tax Administration Advisory Committee (ETAAC), the IRS has made significant strides on the electronic frontier, but the mission is far from complete.
June 30, 2015
The 2015 IRS Nationwide Tax Forums offers seminars over three days featuring up-to-date information from the IRS and professional experts in the areas of tax law, compliance and ethics. It also provides continuing education credits to ...