Watch Out for “Valuation Voodoo” with Professional Practices and Licenses
Professional practices and licenses, such as law degrees and CPA designations, certainly have a value to them and such values should be a consideration in…
read moreStates Crack Down on Business Incentives with Stricter Accountability
The hype and hoopla of a new business moving into an area often includes the use of tax incentives to help that business choose one…
read moreMaking ‘Work’ of a Passion Could Turn Hobby into Business for Tax Purposes
One of the stickiest areas of tax practice is determining if a taxpayer’s passion is a hobby or a business for tax purposes. Of course,…
read moreCompensating Partners for Use of Property
Partnerships often use property owned by or contributed by partners. Valid compensation strategies in such instances require careful advance planning to avoid the disguised sales…
read morePlanning Considerations Abound for Outbound Sales Activities
Outbound sales by a U.S. corporation into a foreign country require considerable up-front planning to ensure the best possible tax treatment. U.S. sellers must look…
read morePresident Signs Further Highway Funding Extension
With a compromise agreement on highway funding legislation still not finalized, Congress passed and the President signed an additional three-week extension of current funding to…
read moreSenate Passes Energy Bill
The Senate on June 28, 2005, by a vote of 85 to 12, passed energy legislation (H.R. 6) that includes tax provisions of the Energy…
read moreWiss Plots Paperless Path with ProSystem fx Engagement, Document
(RIVERWOODS, ILL., June 27, 2005) – Wiss & Company, LLP, a leading regional accounting and consulting firm, has chosen ProSystem fx Engagement and ProSystem fx Document from…
read moreWiss Plots Paperless Path with ProSystem fx Engagement, Document
(RIVERWOODS, ILL., June 27, 2005) – Wiss & Company, LLP, a leading regional accounting and consulting firm, has chosen ProSystem fx Engagement and ProSystem fx…
read moreCCH Adds Miller Engagement, GAAP Libraries to Accounting Research Manager
(RIVERWOODS, ILL., June 14, 2005) – CCH Tax and Accounting’s Accounting Research Manager (ARM) – the premier research database of accounting, auditing, SEC and governmental authoritative…
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