Thomson Reuters

Taxpayers who have decided to convert a traditional IRA into a Roth IRA may be wondering if they should take the plunge now and pay tax on the conversion this year, or wait till next year when tax rates may be lower under the reform plan Congress will reportedly consider this fall.

Tax reform notwithstanding, the tax research providers Bloomberg BNA and Thomson Reuters both released their predictions Thursday for the annual inflation-adjusted tax rates that the Internal Revenue Service is likely to announce in the coming weeks.

While most firms understand the need for social media as part of their overall marketing strategy, they are often lost when it comes to understanding how to measure its success.

Thomson Reuters has issued PPC’s Guide to Revenue Recognition, a new publication providing guidance to accountants and their clients on the Financial Accounting Standards Board’s new revenue recognition standard.

Internet sellers have been grappling with the murky sales tax implications of online sales for well over a decade.

QuickBooks Online releases July updates, and Wipfli earns Microsoft Partner award.

Estate planning has once again entered the realm of uncertainty.

The solution provides guidance on tax inquiries input by practitioners who need more information on localized laws.

In today’s digitally driven world, properly utilizing social media is necessary for companies who want to remain relevant and competitive—and that includes accounting firms.

Thomson Reuters has begun providing a certificate program that explains the essentials for practitioners who perform compilation, review and preparation engagements, and how to prepare for peer review.

Thomson Reuters' Jon Baron and other experts forecast the latest trends for CPAs at the California Accounting Show

Thomson Reuters has introduced a new certificate program for accountants who want to help their clients launch small business startups.

Thomson Reuters has introduced Checkpoint Marketing for Firms Emerging Tax and Regulation Alerts to allow accounting firms to keep clients informed about new and proposed tax legislation and regulatory changes.

The tool helps companies calculate and comply with country-specific taxation rules that change often.

Security is the main advantage of using a client portal, but each portal product has a range of functional beauty (and hassle) that informs which tool will be the best fit for a particular firm.

The tool allows firms to mandate all employees use it, and for clients to opt in.

Thomson Reuters is providing Interactive Practice Aids in the midst of the tax research workflow in its Checkpoint PPC Tax Deskbooks research system.

The company has released a special report, “Four Ways to Avoid Audit and Attest Deficiencies.”

Although the year is ending soon, it's not too late to implement some planning moves that can improve a client's tax situation for 2016 and beyond. This article reviews some actions that clients can take before December 31 to improve their overall tax picture.

As 2016 comes to a close, many business owners are seeking tax opportunities to take advantage of before the next year begins.