Taxes
How to Make 2015 the Best Tax Season Yet
Accountants and CPAs are in the middle of the industry’s hottest season, and staying above the stress in a time of relative chaos can be a challenge to say the least. Long hours, looming deadlines and mountains of data can drive people to the edge ...
New Research Portfolio Covers Sweeping Changes to New York Corporate Income Tax Laws
The release of New York State Corporation Income Taxes After 2014 coincides with the 2015 effective date of the state’s comprehensive overhaul of its corporate income tax.
5 Tax Tips for Taxpayers with Household Employees
It's no fun for tax professionals to fix client mistakes during an already busy tax season, so here are a few helpful tips you can pass along to your household employment clients to keep them on the right path year-round.
CFOs and Management Accountants Share Top Issues, Outlook on Economy
What are the top five issues facing Maryland CFOs, Controllers and management accountants? What is their outlook on their businesses? Maryland's economy? The US economy? How future ready are they?
Want to Cut Your Taxes? There’s Still Time to Contribute to an IRA for 2014
Taxpayers still have time to decrease their 2014 taxes by contributing to an IRA. In most cases, doing so can help them qualify for a deduction or even a tax credit.
AICPA Urges IRS to Offer Estate Tax Portability Relief for Surviving Spouses
The AICPA has submitted a letter on March 19 to the Internal Revenue Service (IRS) and the Department of the Treasury recommending relief for surviving spouses who would like to elect portability of their deceased spouse’s unused estate tax exemption.
10 Special Tax Benefits for Members of the U.S. Armed Forces
Special tax rules apply to military members on active duty and in the reserves, particularly those serving in combat zones. These can help lower federal taxes and make it easier to file tax returns.
Good Records Are Critical When Claiming Tax Deductions for Charity
First, to claim a charitable contribution deduction, donors must get a written acknowledgement from the charity for all contributions of $250 or more. This includes gifts of both cash and property.