TaxProf Blog: The 100 Most Influential People in Tax and Accounting
I am honored to be included on the list of Accounting Today's 100 Most Influential People in Tax and Accounting for the ninth year in a row: Caron once stood out as one of the few serious tax bloggers out there; now that there are a lot more tax blogs...
What is milling and paving?
Milling asphalt is an environmentally friendly and very cost effective way to repair asphalt. Although appearing by sight and touch to be tough, asphalt can quickly wear down due to traffic, weather, and sunlight. The milling process consists of using a milling machine (pictured above) to scrape off the top layer of asphalt to a …
Tax Preparation Advice: 4 Scams to Avoid This Year
With the start of the New Year, it's time to start thinking about tax preparation. During the filing season tax scammers are on the prowl. Here are the four biggest scams
Reduce Your 2018 Taxes By Up To 50% Before Year End
On this call I discuss how to Reduce Your 2018 Taxes By Up To 50% Before Year End - Michael Uadiale, CPA, ACA, CGMA, PhD - Smeed CPA. To schedule an appointm...
What Aspiring Accountants Need to Know
The five keys to kick-starting new careers they don't teach in college. By Steven Sacks Neithetechnology nor accounting are the most important factors.
3 Tips to Avoid Charity Tax Deduction Scams
Perpetrators of illegal scams can face significant penalties and interest and possible criminal prosecution. IRS Criminal Investigation works closely with the Department of Justice to shut down scams and prosecute the criminals behind them.
IR-2019-109: Final Regulations on Charitable Contributions and State and Local Tax Credits
Internal Revenue Service (IRS) sent this bulletin at 06/11/2019 04:40 PM EDT IRS Newswire Final Regulations on Charitable Contributions and State and Local Tax Credits WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service today issued final regulations that require taxpayers to reduce their charitable contribution deductions by the amount of any state or local tax credits they receive or expect to receive in return. In a notice also issued today, the IRS stated that taxpayers may treat payments they make in exchange for these credits as state or local tax payments. This allows some taxpayers to deduct certain of the payments as taxes Treasury Decision 9864 , available today in the…
DeSoto County bus crash: What we know so far
A chartered tour bus on its way to Tunica lost control in the snowy weather and flipped on its side, killing two instantly.
8 Of The Fittest Women On Earth Share Exactly What They Eat Every Day
Tax filing preparation checklist
In addition to the tax statements that are arriving this month, you'll need some other information to file your return. Today's Daily Tax Tip offers a checklist of what to round up, for either yourself if you plan to file on your own or for your tax professional. General information and documents that will be useful include: Social Security numbers for yourself, your spouse and all dependents. Last year's federal return. If you live in a state that collects taxes, dig out that old return, too. They can serve as guides to this year's filing. Records of estimated tax payments...