By Greg LaFollette, CPA/CITP, CGMA | Found on Journal of Accountancy Many people claim privacy is dead, and more and more of us tend to agree. As much as some aspects of technology seem to hasten the probable demise of privacy, other aspects arise and appear to be saviors. One specific privacy threat and a […]
Article by Roger Russell | Found on Accounting Today Nexus — the minimum amount of contact between a taxpayer and a state that allows the state to tax the business on its activities — is under attack by the states as they seek to broaden its reach in order to increase their taxing revenue. States are […]
Article by JOANNE KAUFMAN | Found on New York Times When Aaron Thornton and his wife, Michelle League, decided a few months ago to sell their brownstone on West 120th Street, they first tended to some maintenance issues, then consulted their calendar to figure out the best time to put the property on the market. They knew, […]
By Maya Kachroo-Levine | Found on Forbes As a freelancer, I have a front row seat to the true nightmare that tax season can be. I earn almost all of my income via 1099s, and every month, I make a table that reflects exactly how much I earned, who paid me what, and when I received […]
By Jane E. Brody | Found on New York Times The many men, women and children who spend their days glued to their smartphones and social media accounts might learn something from Lin-Manuel Miranda, creator of the groundbreaking megahit “Hamilton.” Asked in an interview with Delta Sky magazine when and where he finds time to be […]
Article By Sally P. Schreiber, J.D. | Featured on Journal of Accountancy As the IRS, taxpayers, and tax practitioners get ready for the 2017 tax filing season, the IRS touted the successes that it and its Security Summit partners have had in reducing tax return identity theft during the 2016 filing season and described how it […]
Written by Michael Cohn | Featured on AccountingToday Only 23 percent of family businesses have a robust succession plan in place, according to a new report from PricewaterhouseCoopers, with 46 percent of the family businesses polled saying they are reluctant to pass the business to the next generation. The difficulties of succession planning in family businesses […]
By Robert Trinz | Article Featured on AccountingToday The new year promises to be an challenging one for tax practitioners, as President-elect Trump and Congressional Republicans have promised to enact a significant tax reform package in 2017. However, even if there is no new law, practitioners still will have to cope with a number of tax […]
By Quora | Found on INC.COM You’ve heard of people like Elon Musk and Jeff Immelt (General Electric CEO). Reading about them leads us to assume that business greatness requires little sleep and even less time with loved ones. Immelt, for example, has worked 100+ hours per week for his entire career. But is that […]
Article by Lucinda Shen | Found on Fortune Are millennials better off than their parents were at the same age? A new analysis suggests they aren’t.