by Julian Block on Jul 28, 2014
The tax code allows you to claim tax deductions for household damage caused by thefts, vandalism, fires, floods, hurricanes, and more. But the law imposes several restrictions.
by Richard Koreto on Jul 28, 2014
The menu for July 28 features still more on the inversion argument, an analysis of why Canadian banks are unhappy with FATCA, Congress-White House disagreement on child care credits, banking regulations, and more.
by Ken Berry on Jul 28, 2014
There doesn't seem to be any end to the fight over the federal estate tax. Now legislation proposed in Congress is resurrecting calls to dismiss this tax that has long plagued wealthy individuals.
by Amy Vetter on Jul 25, 2014
Whenever I speak to accountants about creating a cloud practice, the most common question is, “How do I charge my clients?” The answer has usually been "hourly billing," but that model is changing.
by Jason Bramwell on Jul 25, 2014
The menu for July 25 features specials on House approves bill to expand and simplify tax breaks for education, IRS releases draft forms on Obamacare employer mandate, Paul Ryan’s plan to expand the EITC, and more.
by Terry Sheridan on Jul 25, 2014
Developing a strategic alliance with a financial advisor may be just the ticket to grow your accounting practice, particularly if many of your clients are affluent. But do it right.
by Jason Bramwell on Jul 24, 2014
While reputational risk is the No. 1 nonfinancial concern among corporate directors, cybersecurity/IT risk is gaining steam. According to the results of a new survey from EisnerAmper, cybersecurity/IT risk ranked second at 62 percent, up almost 10 percent from last year’s poll.
by Jason Bramwell on Jul 24, 2014
Many senior US tax professionals believe that a streamlined audit process will be the top benefit resulting from the IRS Transfer Pricing Audit Roadmap, a toolkit organized around a notional 24-month audit timeline, according to the results of a new KPMG survey.
by Jason Bramwell on Jul 24, 2014
The updated web page groups the standard-setting board's technical agenda into project “families” and informs visitors at a glance on where any given FASB project stands, the steps it took to get there, and what is coming up.