Are You Scared to Talk to Your Clients About Charitable Giving?
By Jack Surgent, CPA There is an embarrassing fact that CPAs don’t like to talk about: many of our…
Congress Passes Tax Extender Legislation
On Tuesday, the Senate passed a bill that would retroactively extend more than 50 expired tax provisions though 2014. The…
Five Ways to Boost Your Productivity
Sometimes its tough to get going in the morning, and you might see your tasks pile up on you at…
Avoiding Malpractice Risk When You “Dabble” In Audits
According to CAIMCO insurance statistics, the average audit claim is around $362,000. The highest loss ratio comes from providers that…
The Adage Is Right. There Really Is No Free Lunch
Written by Guy Schmitz J.D., LL.M. The IRS has decided to look at tax-exempt meals offered by Google (and…
Recapitalization of a Company—Gift Tax
Written By: Guy Schmitz, J.D., LL.M. Consider advising your clients that all transfers potentially have tax consequences. Clients know that…
No Groundhog Day This Time?
Written By: Guy Schmitz, J.D., LL.M. Is there anything worse than the Congressional ritual of letting temporary provisions expire…
Amazon, Drones, and Nexus
Written By: Guy Schmitz, J.D., LL.M. Amazon has agreed to start paying sales tax in Illinois in 2015 because it…
How to Avoid Overindulging at the Audit Buffet
By Jennifer Louis, CPA Generally accepted auditing standards require a direct linkage of assessed risks of material misstatement to the…
Tips for Making Mornings Better
Make Mornings a Little More Bearable Some people can naturally wake up with a spring in their step and be…