November 8, 2013
If youre an accountant who loses money, and your spouse is a real estate agent who makes money, can you combine your business with your spouses in order to calculate self-employment tax?
November 7, 2013
When it comes to working with entrepreneurs, theres no hard and fast rule on how to best meet their needs.
November 6, 2013
When I was in high school, I spent a few winter Saturdays helping my father and learning what a CPA did.
November 5, 2013
The taxation of damages is a nightmare for taxpayers.
November 4, 2013
I am consistently surprised by CPA firms lack of process when it comes to obtaining new clients.
October 31, 2013
Its the time of year to again start thinking about expiring tax provisions. Usually the first thing that comes to mind is the alternative minimum tax, but this particular issue was fixed in January of this year by the fiscal cliff bill. That still leaves a number of expiring provisions, according to Robert Kerr, senior director of government relations at the National Association of Enrolled Agents.
October 30, 2013
When I became a partner emeritus, it meant that it was time to slow down and work less.
October 29, 2013
At this point, most companies and even accounting firms have a profile on some sort of review site like Yelp, CitySearch or Google Local.
October 28, 2013
A home office is the work reality for many CPA consultants and tax preparers. It beckons with the promise of an easy commute, and the comfort of working in your pajamas. It provides the flexibility of working when you want to. It can also save thousands of dollars that would otherwise be spent on rent. Whats not to love?
October 25, 2013
Clients often walk in the door with a relatively predetermined idea about how theyd like to leave assets to their children. But for advisors, it is important to help clients take into account the issues they might not have considered on their own, or may not have considered important when developing their plan.
October 25, 2013
Worker classification is an ongoing issue that affects accountants and their clients.
October 24, 2013
Now that the October 15 extended filing deadline for personal income tax returns has passed, we have only 10 weeks to help our clients plan for the tax returns that will be due April 15.
October 23, 2013
Every firm is working through the succession maze and dealing with the exit of key partners in the firm.
October 21, 2013
Some accounting industry watchers warn business owners against relying on their CPAs for business advice, but many owners are apparently ignoring the advice.
October 18, 2013
The majority of the U.S. government, including the U.S. Tax Court, shut down on October 1. Late this past Wednesday, Congress voted to reopen the government through January 15 of next year. Despite the shutdown, the statutory deadline of 90 days for filing a petition in the Tax Court cannot be extended. Yet during the shutdown, the Tax Court was not accepting hand delivery and very likely was not opening its mail.
October 17, 2013
When it comes to tax disputes, there are three different forums in which to bring a lawsuit, and sometimes the choice makes a difference in the result.
October 16, 2013
Mastering payroll compliance continues to be a challenge that many small business owners struggle to control.
October 15, 2013
The Olympics are the biggest international sporting event, with athletes from more than 200 nations participating in what are generally considered the most important competition in the world. But are they worth it to the host city and country in terms of the budget and the eventual enormous expenditures?
October 10, 2013
Although most accountants prepare taxes, thats not the only reason that professional liability claims against accountants are most frequent in the tax area.
October 8, 2013
Client meetings are an integral part of being a great accountant.
Search Accounting Today
December 5, 2013
U.S. Wealth Management chairman and CEO John Napolitano talks about the unappreciated qualities that make up a great financial planner.
December 4, 2013
Ed Mendlowitz, a partner at WithumSmith+Brown, discusses how small CPA firms can benefit from conferences like Accounting Today's recent Growth & Profitability Summit.
December 18, 2013
Our editors picks for the biggest technology stories in 2013.
December 9, 2013
Our editors picks for the 10 biggest stories of the year in tax
November 26, 2013
For these ten entertainers, almost doesn't count.
November 22, 2013
Accounting Today recognizes accountings best workplaces.
November 15, 2013
10 concepts that could be the Next Big Thing for your firm and the profession.