January 11, 2016

Congressman Proposes Fix for College Financial Aid

Rep. Tom Reed, R-N.Y., has proposed to require nonprofit colleges and universities to dedicate 25 percent of their annual endowment income to financial aid. If they donít, they could lose their tax-exempt status.

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Posted by Michael Cohn at 05:58PM | Comments (1)

January 8, 2016

AICPA Offers Tips for Coping with Turbulent Investment Markets

The wild swings in the financial markets this week due to the fallout from Chinese stocks could be prompting some anxious calls from investors to their CPA.

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Posted by Michael Cohn at 03:27PM | Comments (1)

January 7, 2016

IRS Gives Educational Institutions a Break

The Internal Revenue Service is giving educational institutions a pass if they fail to include the correct taxpayer identification number on a studentís tuition statement form.

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Posted by Michael Cohn at 05:43PM | Comments (0)

January 6, 2016

A Fix for Shady Hollywood Accounting?

A filmmaker is suggesting a new way to avoid skirmishes over notoriously dubious Hollywood accounting.

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Posted by Michael Cohn at 05:12PM | Comments (1)

January 5, 2016

Jackson Hewitt Partners with American Express on Tax Refund Option

Jackson Hewitt Tax Service and American Express teamed up Tuesday to give clients the option to receive tax refunds on an American Express Serve account.

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Posted by Michael Cohn at 05:54PM | Comments (4)

January 4, 2016

H&R Block Giving Away Money for Tax Season

H&R Block has planned a big money giveaway to lure clients to its offices this tax season.

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Posted by Michael Cohn at 05:23PM | Comments (16)

December 22, 2015

Rapper Tweets Christmas Tax Woes

Bay Area rapper Kreayshawn tweeted out her tax troubles after discovering that the IRS had apparently cleaned out her bank reports.

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Posted by Daniel Hood at 10:54AM | Comments (6)

December 17, 2015

How to Make Receivables Harder (or Easier) to Collect

Kaplan Collections has developed a new infographic on how businesses can make it harder to collect on receivables, vs. how to get paid faster.

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Posted by Michael Cohn at 01:15PM | Comments (0)

December 16, 2015

BDO Sees Split on IPO Activity in 2016

Capital markets executives are divided on the question of whether there will be more initial public offerings on U.S. exchanges next year, according to a new study by BDO USA.

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Posted by Michael Cohn at 12:38PM | Comments (0)

December 15, 2015

Deadline Approaches for Starting a 401(k) Plan

December 31 is the last day for small business owners to open and start funding a 401(k) plan, and there are many tax benefits in a 401(k) that accountants should discuss with their business clients before the year is over.

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Posted by Michael Cohn at 04:36PM | Comments (0)


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