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Month: May 2018

Art of Accounting: Why I have so many women clients

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May 28, 2018
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| Tax News And Info

In the movie “No Time for Sergeants,” a real oldie, Andy Griffith sees an officer who is also a woman. He has been taught to see and respect the uniform and not the wearer of that uniform. When his friends comment about the woman’s figure, he says he doesn’t see a woman — all he […]

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Posted in Tax News And Info Tagged irs, tax news

GDPR can have an impact on U.S. accountants

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May 28, 2018
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The European Union’s General Data Protection Regulation takes effect Friday, and it could affect accountants and auditors, along with their clients, in the U.S. Under the GDPR, any company that gathers, monitors or manages the personal information of EU residents will need to make drastic changes in how it gets and stores the data. Companies […]

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Posted in Tax News And Info Tagged irs, tax news

Tax Fraud Blotter: In-laws’ outlaw

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May 27, 2018
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Abundant energy; ‘I wouldn’t go too high;’ maximum mileage from stolen IDs; and other highlights of recent tax cases. Spokane, Wash.: Jin Chul “Jacob” Cha, 41, of Tustin, Calif., has been sentenced to 51 months of prison to be followed by three years of court supervision after pleading guilty to conspiracy to defraud the government […]

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Posted in Tax News And Info Tagged irs, tax news

Summer reading for accountants – 2018

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May 27, 2018
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The consultants at ConvergenceCoaching work with countless accountants and business experts every year – and whenever they hear of a book that’s had an impact, they add it to their growing list of useful reads that they recommend. When co-founder Jennifer Wilson offered to share the list with our readers, we jumped at the chance […]

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Posted in Tax News And Info Tagged irs, tax news

EY to hold FinTech Pitch Day for tech startups

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May 27, 2018
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The EY Americas Tax Innovation Foundry will hear pitches from tech startups at the first FinTech Pitch Day on June 28 in Boston. The Foundry is EY’s in-house accelerator for tax technology, charged with furthering the next generation of tax services EY firms offer clients. For the pitch day, EY invites global fintech (financial technology) […]

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Posted in Tax News And Info Tagged irs, tax news

When feedback fails

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May 26, 2018
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Let’s say it’s performance review time, and you nonchalantly slip in that one of your team members, let’s call her Madison, “needs to be more professional.” In your mind, you know exactly what this means. It’s helpful and straightforward feedback. Twenty years from, now when Madison is managing partner and she is receiving a prestigious […]

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Posted in Tax News And Info Tagged irs, tax news

N.J. warns IRS against banning property taxes as charitable gift

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May 26, 2018
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New Jersey Attorney General Gurbir Grewal warned the Internal Revenue Service that he will fight any challenge to a law that preserves state and local property-tax deductions. Grewal’s letter to acting Commissioner David Kautter was in response to an IRS notice issued Wednesday that said taxpayers must adhere to federal law when filing. New Jersey […]

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Posted in Tax News And Info Tagged irs, tax news

Firms Giving Back: Armanino holds 10th annual Great Give

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May 26, 2018
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Armanino holds 10th annual Great Give Top 100 Firm Armanino closed its offices yesterday as part of the firm’s 10th annual Great Give. The yearly community service event sees staff members join local nonprofits for a variety of philanthropic projects that serve the communities where they live and work. Armanino set a goal of donating […]

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Posted in Tax News And Info Tagged irs, tax news

IRS provides info on tax reform changes to moving, mileage and travel expenses

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May 25, 2018
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The Internal Revenue Service offered information Friday about changes from the Tax Cuts and Jobs Act on the rules for moving expenses, vehicle expenses and unreimbursed employee expenses, along with higher depreciation limits for some vehicles. The TCJA, the tax overhaul that Congress passed last December, suspends the deduction for moving expenses for tax years […]

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Posted in Tax News And Info Tagged irs, tax news

TaxDay becomes official MLB Players Association partner

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May 25, 2018
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TaxDay, which makes a travel-tracking app for travelers who live or conduct business in multiple states, is now an official partner of the Major League Baseball Players Association. TaxDay has been tasked with simplifying members’ documentation and reporting of multi-state residency, travel and work, which is required by U.S. tax law. The official partner status […]

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Posted in Tax News And Info Tagged irs, tax news
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