Connecting with Clients: A Client Service Q&A
A firm’s success has a lot to do with the kind of service it’s able to provide to clients. But it’s not just the accountant…
read more
North Carolina Provides Storm Tax Relief
North Carolina will provide tax relief for taxpayers affected by severe thunderstorms that occurred on April 15, 2018. The Department of Revenue will waive penalties…
read more
Nebraska Enacts Personal Exemption, Standard Deduction
Nebraska changes the state’s individual income tax laws in new legislation. The legislation: creates a personal exemption credit, establishes a standard deduction, and adjusts personal…
read more
Unsubstantiated Deductions Disallowed; Penalties Proper (Main, CA-9)
The Tax Court properly determined that an attorney carried out his automobile activity with the intent to make a profit. Therefore, he could deduct substantiated business…
read more
SEC Proposes Broker-Dealer Standards
The SEC voted to propose a package of rulemakings and interpretations designed to “enhance the quality and transparency of investors’ relationships with investment advisers and…
read more
Wolters Kluwer Celebrates Earth Day Sustainable Innovative Solutions Make an Impact on Society Year-Round
(NEW YORK, NY, April 19, 2018) — Disruptive trends in technology, data and productivity are helping to drive sustainable solutions used by global accounting, audit…
read more
5 Common Audit Deficiencies Identified During Peer Review
From time to time, we come across some older content in the archives that is still relevant today. Back in 2011, Stephanie Lanke and Robin…
read more
Rhode Island Discusses Treatment of IRC Sec. 965 Income
Rhode Island provided guidance on its tax treatment of IRC Sec. 965 income for individuals and pass-through entities. Federal Treatment Under the federal Tax Cuts…
read more
South Dakota v. Wayfair: Will the Court do Anything with Quill?
The U.S. Supreme Court heard oral arguments in South Dakota v. Wayfair, Inc., Docket No. 17-494, on April 17, 2018. In the course of the arguments,…
read more
House Approved Bipartisan IRS Reform Package
The House on April 18 approved the two largest bills of a bipartisan IRS reform package. The bills aim to restructure the IRS for the…
read more