Monthly Archives: January 2020
In this Firm Spotlight, we interviewed Staff Accountant Dustin Flaspohler of Landmark CPAs in Fort Smith, Arkansas, about how he became involved in accounting, what sets Landmark CPAs apart from the rest, and how they foresee technology impacting the accounting industry. Landmark CPAs has been in operation for over 60 years, earning clients’ trust by […]
The IRS recently announced it was expanding aid to taxpayers indebted to federal or private student loans for attendance at both non-profit and for-profit schools. Rev Proc 2020-11 issued January 15, 2020, and it provides safe harbor relief against income recognition after loan discharge for the following three specific situations. Any taxpayer whose private student […]
By: Rachel Parsia, CPA and Nick Spoltore, Esq. It is that dreaded time of the year. The holidays are over. No longer is it socially acceptable to wake up and eat a plate of candy and cookies for breakfast. Even worse, busy season is looming just around the corner. But fear not, there is one […]