Article Archives: 2017

By Mitch Hansen, CPA, CMA, CFE

In our ever-expanding digital world, many of us have had at least one of the following experiences:

• Being unable to login to your bank’s online banking system;

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By Bob Heller, JD, LLM

Figuring out when and how a supplier should collect sales taxes in a drop shipment transaction is often a bewildering task.

Generally,

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More than 263,000 Forms 990-EZ were filed with the IRS in 2016. Of those, 139,000 were paper filed. The IRS reports 30% of all paper-filed Forms 990-EZ had an error,

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By Cheryl Olson, CPA, CGMA

Now that we’re in March, many of us have given up on our New Year’s resolutions. Some of us didn’t make resolutions to begin with based on past history.

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By Shawn Hansen, CPA

Under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (IRC), private-sector retirement and welfare plans are required to file annual returns/reports.

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By Steve Day, CPA and
Co-authored by Patrick McColgan and Richard Newby, Duff & Phelps

On January 31, 2017, the IRS announced that its Large Business and International (LB&I) division will focus on issue-based examinations.

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By Megan Kuchan, CPA

Updated on February 14, 2017, to add the latest information on the delay on ruling. See the end of the article.

On February 3,

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By Rick Cooley, CPA

On January 20, 2017, President Donald Trump issued a presidential memorandum declaring a moratorium on all new federal rule making.

This practice is not unusual for an incoming president,

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For information on the most current trends in IRS scams, please see the updated article here. 

Every year, we get numerous e-mails and calls from clients who report that someone from the IRS is demanding money right away for past due amounts.

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By Jennifer Mace, CPA

In today’s increasingly global economy, there are many U.S. tax-reporting requirements that relate to foreign investments, foreign organizational operations, and other international transactions. One of these requirements is the Report on Foreign Bank and Financial Accounts (FBAR).

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