Practice Management

Usually when we hear a discussion about fraudulent transfers, it is in the context of a client who has just been sued and now wants to protect his or her assets.

The American Institute of CPAs has sent a letter to the Internal Revenue Service asking the IRS to re-evaluate some of its proposals for a safe harbor method for the home office deduction, even though the AICPA acknowledged that the method would be simpler for taxpayers to use.

President Barack Obama called it “outrageous” for the IRS to target groups promoting limited government for special attention, as a Democratic panel chairman became the latest to announce a congressional probe.

On the heels of continuing revelations about the Internal Revenue Service’s targeting of Tea Party groups for extra scrutiny in evaluating applications for tax-exempt status, the Government Accountability Office has released a new report finding that the IRS needs to improve its internal controls.

A coalition of charitable organizations is calling on Congress to protect the charitable deduction as leaders of Congress’s tax-writing committees step up their efforts to forge comprehensive tax reform.

At least two congressional committees plan to hold hearings on the Internal Revenue Service’s admission that it targeted for special attention groups promoting limited government.

CPA-based wealth management firm Hewins Financial Advisors has teamed up with accounting firm Wipfli LLP to introduce Cue Wealth Management Solutions, a strategic partnering system for CPA and registered investment advisor firms.

IMGCAP(1)]The U.S. government is expected to publish final tangible property regulations later this year.

Members of Congress have introduced several bills this week to keep student loan interest rates from doubling in July.

Lots more partnering to discuss this week as well as my take on a certain cloud ERP vendor's impending annual meeting of customers and resellers.