Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
February 13, 2014
New CBO Report Links Obamacare to Job Losses
In the wake of a new report from the Congressional Budget Office (CBO) assessing the impact of Obamacare on employment, Republicans in Congress are renewing some objections to the controversial legislation and modifying others.
February 13, 2014
Reality Bites: The New 3.8% Net Investment Income Surtax
The specter of the dreaded new surtax on “net investment income” (NII) has turned into reality. For the first time ever, some upper-income taxpayers will have to pay the 3.8% surtax on their 2013 income tax returns. This could be a harrowing experience for some of your clients.
February 13, 2014
New Hampshire Representatives Considering Minimum Wage Increase
The 2014 version of a New Hampshire minimum wage hike bill, which would set the wage at one dollar above the federal level and then escalate it in future years, received predictable mixed reviews before a State House panel Tuesday.
February 12, 2014
Are Your Clients Overlooking Tax-Free Fringe Benefits?
We get so busy during tax season that we often barely have time to breathe. Even so, I want you to do some reading. Call the IRS at 800-TAX FORM (800-829-3676) to get a printed copy of IRS Publication 15-B. Have you ever read it? It’s all about fringe benefits.
February 12, 2014
High Paying Jobs for 2014 – Mobile Media and Big Data Top List
Trends like big data and mobile media are translating into growing paychecks for some professionals, according to the recently released 2014 Salary Guides from Robert Half Technology and The Creative Group.
February 12, 2014
System Puts Gathering Client Tax Documents on Auto Pilot
It’s the just the beginning of tax season, but most tax professionals likely already have a digital pile of client returns that are “in progress,” and will likely remain that way for weeks or months. Not because the firm hasn’t gotten to them yet, but probably because they are still waiting on clients to send…
February 11, 2014
How To Improve Productivity With Electronic Document Management
Effective data management is one of the biggest challenges accounting firms face. Implementing an Electronic Document Management (EDM) system allows companies to reduce costs, improve service, increase productivity, and meet regulatory requirements. Accounting firms who stay with a paper record and filing system are creating a logistical nightmare for themselves, especially during the busy tax…
February 11, 2014
Strong Employment Tax Compliance Strengthens Workforce, Corporate Culture
Good compliance management results in stronger financial performance. While that may sound like a truism or generally accepted bit of common sense, a new survey backs it up.
February 10, 2014
What the Affordable Care Act Means to Small Businesses
The Treasury Inspector General has called the Affordable Care Act the biggest tax act in 20 years. What does the ACA mean to you and your clients?
February 10, 2014
Why a Minimum Wage Hike is a Bad Idea
The President of the United States, our champion of income equality, has once again called on Congress to raise the minimum wage from its present level of $7.25 per hour up to $10.10 per hour, a salary increase of just under 39 percent.
February 10, 2014
Healthcare Costs Top List of Small Business Concerns
How concerned are small businesses about the costs of implementing the new health care insurance laws? A new survey shows it's their top worry.
February 9, 2014
What’s Not On Your Clients’ W-2s Can Be a Goldmine For Your Firm
There’s so much nifty tax preparation software out there these days. Don’t you just love the software that allows us to import W-2 data, stock sales data, QuickBooks data, etc.? With all those tools, we barely even have to look at our clients’ documents. But we should!