Master Sarbanes-Oxley standards and other practice pointers

Clients and businesses who are public companies or those who might become public companies—or even those who might simply need a bank loan—could fall under the standards created by the Sarbanes-Oxley legislation. While not a tax law, Sarbanes-Oxley does have implications about which tax professionals should be aware.  For example, loans to executives, split-dollar insurance arrangements and stock options are tax issues that can be affected by this law, among others.  Learn the ins and outs of this law from in a recent edition of CCH’s CPE Credit Service.  In addition, in this issue you’ll learn how to:
  • Best advise clients on how to deal with retirement plan assets during a divorce to avoid undesired tax consequences;
  • Properly calculate vehicle depreciation for 2004;
  • Understand the latest rulings on deductibility of long-term care insurance;
  • Determine if the sale of a home is under unforeseen circumstances allowing it to qualify under the capital gains rules—even if the owner occupied it less than two years; and
  • Use the disabled access credit for small businesses.

* * * * *

This story is from the CCH’s monthly Focus on Tax newsletter, which provides advise and guidance on federal and state tax issues for tax and accounting professionals.

Read this article from CCH’s Journal of Taxation of Financial Products.

AUTHOR

Wolters Kluwer Tax and Accounting

Wolters Kluwer Tax and Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency. Wolters Kluwer Tax and Accounting is part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

All stories by: Wolters Kluwer Tax and Accounting