Intellectual Curiosity: It’s Admirable, but is it Deductible? Where to Draw the Line for Business Expenses
Can individuals deduct for business expenses associated with education outside of work? Read more for where the Tax Court drew…
(Video) Need a Busy Season Break? A Joke from Comedian Greg Kyte, CPA
Take a quick break from busy season and hear stand-up comedian Greg Kyte, CPA share his latest joke.
The AHCA Fails and GOP is “Moving On”
With the failure of the AHCA, read more for what you should tell your clients about Obamacare now, and what…
ACA Form 1095 Reporting Requirements in 2017: The Good, The Bad, and the Merely Confusing
Though we're on the brink of some sort of changes to the ACA, current guidance around healthcare reporting still stands.…
(Video) Hobby Loss: Above All Else, Is Your Client Really Trying to Make Money?
Peter J. Reilly, CPA, a 30-year veteran of accounting and a regular contributor for Forbes.com, discusses the complexities of hobby…
Unsure When to Apply SAS No. 132? Understand the FASB and GASB Standards First
In February 2017, the AICPA issued SAS No. 132, The Auditor’s Consideration of an Entity’s Ability to Continue as a…
SSAE No. 18 Provides Clarity on Attestation Engagements: If You Think This New Standard Doesn’t Apply to Your Practice, Think Again
Statements for Attestation Engagements (SSAE) No. 18, Attestation Standards, Clarification and Recodification, will be effective for examination, review and agreed-upon…
2017: How Has it Differed from Other Years? Take the Busy Season Survey
With just about half of this year's busy season in the rearview mirror, it's time to pause and reflect. How…
House GOP Releases the Text of ACA Repeal and Replace Proposal
Late Monday, March 6, the full text of Congressional Republicans’ proposal to repeal and replace the Affordable Care Act was…
FASB Issues Two New ASUs, Continuing its Early Torrid Pace in 2017
This past week, the FASB issued two new ASUs, bringing the total of Updates issued in the first two months…