The Latest News
Treasury, IRS release final and proposed regulations on new 100% depreciation
The Treasury Department and the Internal Revenue Service today released final regulations (PDF) and additional proposed regulations (PDF) under section 168(k) of the Internal Revenue Code on the...
The Donor Disclosure Saga Continues: IRS Readdresses Donor Disclosure Requirements After Court Loss
Earlier this month the IRS announced proposed regulations and issued IRS Notice 2019-47 addressing the donor disclosure rules applicable to tax-exempt organizations. These actions by the IRS were...
Counseling Clients on Closing Costs in a 1031 Exchange
Given that a 1031 exchange necessarily involves the sale of real estate, closing costs will always be a part of the transaction. Advertisement Clients routinely ask which of these costs can be...
As Hurricane Dorian gains strength, IRS encourages preparation for natural disaster
As Dorian threatens and with the peak of hurricane season just ahead, the Internal Revenue Service reminds everyone to develop an emergency preparedness plan. Taxpayers, whether individuals,...
Tax cuts are back on the agenda. They're not a done deal
Central bankers will take center stage when they gather in Jackson Hole later this week. But for now, as investors sit and wait, monetary policy isn't what's generating the most buzz. That's...
IRS automatically waives estimated tax penalty for eligible 2018 tax filers
The Internal Revenue Service is automatically waiving the estimated tax penalty for the more than 400,000 eligible taxpayers who already filed their 2018 federal income tax returns but did not...
More States are Allowing Businesses to Absorb Sales Tax
Recently, Pennsylvania and Texas allowed businesses to absorb sales tax, meaning they can pay the tax due rather than collect it from the consumer. Is this a new trend? It used to be against...
Are Taxes Fairer or Simpler Under the TCJA?
This article is an analysis of what was promised when the Tax Cuts and Jobs Act was enacted compared with what has actually happened to date using nonpartisan, objective and authoritative...
Individuals with significant tax debt should act promptly to avoid revocation of passports
The Internal Revenue Service today urged taxpayers to resolve their significant tax debts to avoid putting their passports in jeopardy. They should contact the IRS now to avoid delays in their...
2019 Employment Legislation Summary
In the 2019 legislative session, Connecticut's General Assembly passed several new laws with big ramifications for employers. Unless otherwise noted, the changes are effective October 1, 2019. ...
IRS launches new Tax Withholding Estimator; Redesigned online tool makes it easier to do a paycheck checkup
The Internal Revenue Service today launched the new Tax Withholding Estimator, an expanded, mobile-friendly online tool designed to make it easier for everyone to have the right amount of tax...
IRS, Treasury issue guidance on making or revoking the bonus depreciation elections
The Internal Revenue Service today issued a revenue procedure allowing a taxpayer to make a late election, or to revoke an election, under section 168(k) for certain property acquired by the...
Interacting with clients outside the busy tax season
Take time when things are less hectic to hear about your clients’ needs.
IRS To Target S Corporations, Foreign Disclosures In New Campaigns
The Internal Revenue Service (IRS) Large Business and International division (LB&I) has announced six additional compliance campaigns for taxpayers. A compliance campaign is a targeted directive...
Cybersecurity for Tax Professionals
The Internet Society's Online Trust Alliance just released its 2018 Cyber Incident & Breach Trends Report, which says "2018–Some Better, Some Worse, All Bad." That’s our experience, too. Here are...
How the ‘Kiddie Tax’ Change May Impact Clients

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Continuing Professional Development

Business and Industry Conference - 10/16/2019 - Rocky Hill
Our brand new Business and Industry Conference is designed to help you grow every facet of your business - not just accounting.  We'll discuss emerging...
Annual Accounting and Auditing Update - 11/18/2019 - Rocky Hill
Designed for accounting and attestation practitioners at all levels in both public accounting and business and industry, this course provides a...
Annual Accounting and Auditing Update (Livestream) - 11/18/2019 -
Designed for accounting and attestation practitioners at all levels in both public accounting and business and industry, this course provides a...
Risk-Based Audit Standards: Effective Utilization (Livestream) - 11/21/2019 -
This program will review the requirements of risk-based auditing, address best practices when conducting planning and risk assessment procedures, describe...
Risk-Based Audit Standards: Effective Utilization - 11/21/2019 - Rocky Hill
This program will review the requirements of risk-based auditing, address best practices when conducting planning and risk assessment procedures, describe...
Compilations, Reviews, and Preparations: Engagement Performance and Annual Update - 11/25/2019 - Rocky Hill
Specifically designed for preparation, compilation, and review practitioners and their staff, this course will provide you with a comprehensive review and...
Compilations, Reviews, and Preparations: Engagement Performance and Annual Update (Livestream) - 11/25/2019 -
Specifically designed for preparation, compilation, and review practitioners and their staff, this course will provide you with a comprehensive review and...
Accounting for Financial Statement Uncertainty: Estimates, Contingencies, and Going Concern - Afternoon Session (Livestream) - 11/26/2019 -
Understanding the proper accounting for and reporting of financial statement areas containing uncertainty can be challenging, especially ensuring adequate...

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Webinars

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