Featured News

  • Four Excel tricks for greater efficiency

    May 27, 2019

    Most accountants use Microsoft Excel, but not all use it to its maximum potential. Discover four ways you can use Excel to become more efficient and effective.

  • The future of management accounting

    May 26, 2019

    International Management Accounting Day (May 6) prompted an Institute of Management Accountants executive to speculate on the next 100 years of management accounting.

  • Executive decision-making tips

    May 25, 2019

    A recent survey of more than 1,200 respondents underscores the frustration of broken and slow decision-making processes among executives and offers tips to help.

  • IRS corrects worksheet error

    May 24, 2019

    On May 15, the IRS notified tax software companies about an error in the instructions for the Tax Worksheet for the 2018 Schedule D. The corrected instructions should be downloaded.

  • S corps and charitable giving

    May 23, 2019

    Help clients understand the rules surrounding the pass through of charitable contribution deductions from an S corporation to its shareholders and the corresponding basis adjustments.

  • Benefits of audit data analytics

    May 22, 2019

    Audit data analytics (ADAs) can help CPAs leverage current technologies and move toward a more data-driven approach to planning or performing an audit.

  • Involuntary conversion of a principal residence

    May 21, 2019

    Tax professionals should understand the tax consequences when a client loses their principal residence through natural disaster, accidental fire or the power of eminent domain.

  • Possible benefits of new CFC group election

    May 20, 2019

    After some critical changes created by the Tax Cuts and Jobs Act, there may be some benefits afforded controlled foreign corporations (CFCs) by a method that would allow group elections.

  • Rising costs may threaten seniors

    May 19, 2019

    Costs of housing and health care will nearly double in 10 years, according to researchers at the University of Chicago, but those aren’t the only factors that will make life harder for seniors.

  • NFP audits and independence

    May 18, 2019

    Not-for-profit entities (NFPs) can be an important market segment for public accounting firms, but NFP audits can present some unique and sometimes opaque independence issues.