Tax

Check out the digital edition of the October 2013 issue of Accounting Today.

CCH has made several improvements to its ProSystem fx Engagement and Knowledge Coach products, designed to make it easier for audit professionals to monitor and report trial balance activity on multiple funds while ensuring compliance.

“Oh what I’d give to get a good night’s sleep.” We’ve heard that before, maybe even said it ourselves, especially during tax season. But tax preparer Joyce Linzy was prepared to spend money to make it happen.

Mr. and Mrs. Friedberg were just another couple of average married taxpayers like any other married taxpayers happily minding their own business until the IRS decided to wage a war of terror on them.

Thomson Reuters has released a new report on the Internal Revenue Service’s guidance on same-sex marriage in the wake of the Supreme Court striking down section three of the Defense of Marriage Act as unconstitutional.

New tools (and less late legislation) have tax software vendors hopeful for 2014

Unlike year-end 2012, planning for year-end 2013 is not burdened by the uncertainties over the extension of the Bush tax cuts or the political theater that took place surrounding last New Year's Day. Nevertheless, enough change and uncertainty remains that impacts year-end 2013 tax strategies to warrant special attention by taxpayers and their tax advisors.

Much attention has been focused on the postponement of the Affordable Care Act’s employer mandate—the requirement that businesses with 50 or more employees provide them with health insurance or face significant fines, which the Obama Administration delayed for one year.

Jackson Hewitt Tax Service will offer customers free help enrolling in new insurance options under the Affordable Care Act.

Bloomberg BNA has released its annual projections of U.S. tax rates for 2014.