Featured News

  • Renew your PTIN

    October 11, 2018

    Preparer tax ID renewal is underway.

  • Thinking of a Ph.D. in accounting?

    October 10, 2018

    Plan your path to a doctorate in accounting with a systematic guide to help you navigate the application process.

  • New tax laws change gamblers’ deductions

    October 9, 2018

    The Tax Cuts and Jobs Act (TCJA) stopped the ability of professional gamblers to deduct a net loss from gambling as a trade or business.

  • IRS releases Form 1040 draft instructions

    October 8, 2018

    The IRS released a draft version of the instructions for Form 1040, “U.S. Individual Income Tax Return,” for individual taxpayer filing for tax year 2018.

  • FASB updates lease accounting rules

    October 5, 2018

    FASB updated lease accounting rules by issuing minor amendments, targeting 16 changes and proposing reduced costs to make lessor implementation easier.

  • Business taxpayers face Oct. 15 deadline

    October 4, 2018

    Time is running out for business taxpayers to elect out of the new 100 percent depreciation deduction for 2017.

  • Client meals are still deductible

    October 3, 2018

    The IRS issued interim guidance that will allow businesses to continue to deduct 50 percent of business-related meals, despite changes set forth by the Tax Cuts and Jobs Act.

  • Small to mid-sized businesses: Improve data security

    October 2, 2018

    Small and mid-sized businesses are particularly vulnerable to damage from cybercrime. Strengthening information security processes can help prevent cyber risks.

  • Data breaches tripled since 2016

    October 1, 2018

    Data from Bitglass, a Cloud Access Security Broker, shows U.S. financial services firms endured three times more data breaches in the first six months of 2018 than during the same period in 2016.

  • Law requires data security plans

    September 28, 2018

    The IRS reminds tax preparers that the law requires them to protect taxpayer information with a data security plan.