Taxes
Latest News
60% of CFOs Say Their Organizations are Ready to Implement and Work With AI, but Only 35% are Using AI in Finance
A Scalable Talent Model Can Be Much More Than a Safety Net for CPA Firms in Need of Skilled Talent
Labor Challenges Persist Among Mostly Confident Business Owners, According to CBIZ Index
How PTO Policies Can Attract Top Talent
Don’t Miss These Six State Income Tax Items
State income taxes are often overlooked by the general public, but professional tax return preparers should not make the same mistake. Nevertheless, it is easy to miss tax benefits or liabilities associated with state income taxes, especially as they relate to federal Form 1040.
The Biggest Tax Mistakes for Small Businesses
There are strategies that these business owners can take to help alleviate many of these tax time woes, and a big one is by staying in more frequent contact with their accountant. That's according to a new nationwide survey of accounting professionals.
‘Jeans Day’ Helps Accounting Firm Give Back to Community
After the Japan earthquake three years ago, the Santa Monica, Calif., accounting firm Gumbiner Savett decided to help raise funds to support the victims of that disaster, as well as some of the firm’s affiliates and former staff in the country.
New House Bill Links “Doc Fix” to Obamacare Delay
New legislation passed by the House tying the “doc fix” to Obamacare is expected to meet its demise on the Senate floor. Thus, a once-promising solution to a long-term problem is likely to turn into another victim of bipartisan politics.
How to Tell Clients Their Last Tax Pro Made Mistakes
This topic has been coming up a lot in the past week or so. And it’s a bit disconcerting to tax professionals who invest time with new clients like this.
New Jersey Lawyer Sentenced to 6 Months for Tax Evasion
U.S. District Judge Freda L. Wolfson imposed the prison term on Gottesman and also ordered that he be placed on supervised release for three years when he gets out of prison and that he pay $27,385 owed to the IRS. That amount represents taxes Gottesman owes from 2006 to the present, according to Fishman.
Indiana Cracks Down on Sales Tax Violators
Businesses that fail to pass along sales taxes collected from customers to the state could be next in line for the Indiana Department of Revenue's ramped-up enforcement efforts.
Most Corporate Compliance Officers Expect Increased Personal Liability
Increased cost of compliance, ongoing regulatory change and growing importance on reporting place added demands on compliance teams.