new-revenue-recognition-2018

How to Avoid a Ransomware Virus

  • September 16, 2020

Written by Chris Griesemer, updated by Caleb Swadley By now I’m sure you have heard of ransomware. It is a malicious...

Long-Term Care Expenses: What Can You Deduct?

  • August 6, 2020

Written by Olivia Cole As we age, our families are often burdened with the ever-increasing long-term care expenses related to home...

Prepare for CECL

The Clock is Ticking for CECL Implementation

  • May 21, 2017

written by Blair Groves One year ago, the Financial Accounting Standards Board (FASB) gave final approval to a new Current Expected...

Current Expected Credit Loss CECL standard

Current Expected Credit Loss (CECL) Standard – It’s Real this Time

  • August 7, 2016

Since the end of the financial crisis, the Financial Accounting Standards Board (FASB) has been working on a new standard to...

contributions to foreign charities

Are Contributions to Overseas and Foreign Charities Tax Deductible? 

  • July 3, 2016

written by Ian Hall Social media and the Internet have helped to make our world smaller. When natural disaster, tragedy, or...

IRS cybersecurity

IRS Intercepts Fraudulent Returns and Increases Customer Service Capacity

  • June 26, 2016

written by Ian Hall The 2016 filing season has closed with renewed emphasis on cybersecurity, tax-related identity theft and customer service....

taxpayer collection accounts to private collection agencies

IRS Revives Private Tax Collection Program

  • June 19, 2016

written by Jacque Mattson The IRS is gearing up to outsource some taxpayer collection accounts to private collection agencies. The Fixing...

changes to overtime rules

Coping with Changes to Overtime Rules

  • June 12, 2016

written by Michael Wirth In 2014, President Obama instructed the Secretary of Labor to reform overtime regulations to reflect the original...

Could You Utilize the Federal Tax Credit for Solar Energy?

  • June 5, 2016

written by Jennifer Cochran To encourage Americans to use solar power, the Internal Revenue Service and the Department of Energy offer...