should we take it seriously this time? annette nellen, cpa/esq., in this week’s aicpa corporate tax insider, reports president obama’s budget proposal has many wondering what a “robust portfolio of irs international tax compliance initiatives†means for international tax reform. … continued
economy impacts end-of-season parties. are job cuts next? join the survey; get the answers. by rick telberg cpas closed out tax season 2009 last week feeling dazed, confused, weary and maybe even a little bit lucky. despite a dismal and … continued
most practitioners did as well or better than last year, according to survey. here’s your sneak peek of the results, tabulated in real-time. as always, thanks to the participants for joining the survey panel. we’ll keep you posted if you … continued
economy impacts end-of-season parties. are job cuts next? join the survey; get the answers. by rick telberg the economy is clearly cutting into the profession’s traditional post-busy-season celebrations. accountants have never been known for their wild parties. but this year, … continued
“one of the most positive assessments gallup has measured since 1956.†gallup says this year 48 percent of americans consider the amount of federal income tax they pay as “about right,†3 percent say it is “too low,†and 46 … continued
happy tax season! here’s the good news. it’s not easy finding strong businesses in this economy. but today, the day before april 15th is a good time to discover a new report from bizequity.com that shows at least one business … continued
planning for the tax season after-party. by rick telberg from the famed peter luger steak house in new york to the not so famous crazy pinz bowling lanes in fort wayne, ind., cpas are planning for the day after april … continued
noted new orleans rapper runs thriving 17-person tax practice — with local flavor. “i started doing taxes a long time ago, as soon as i got my first job,” says new orleans rapper joe blakk, joe blakk income tax service. … continued
tax software developer vertex reports that 554 u.s. cities changed their sales tax rates in 2008. of those, 200 were newly imposed city tax rates and 307 were straight increases to existing city tax rates. other changes in sales, transit … continued
and what are the lessons for cpas? “these problems raise the question as to whether return preparers are asking the right questions and seeking sufficient documentation,” according to prof. annette nellen in this week’s aicpa tax insider. nellen groups the … continued
as we go into the final stretch, most tax professionals are reporting that this busy season has been as good as or better than last year’s. by rick telberg but any achievement is tempered by the continuing concerns of white-knuckled … continued
financial service firms — banks, investment advisors, insurance companies, etc. — account for three-quarters of the tax returns filed by all large corporations. so why, then, is the irs allocating only 15% of its corporate revenue agents to the sector? … continued
some cpas are ahead of the curve. here’s one of them. kathleen huston, head of mcguire williams cpas, posts: ah, how do you make tax meetings less painful and less dry? meet and greet at starbucks. you get to swill … continued