This week’s podcast discusses an IRS stance on a place-in-service court decision. You can listen to the podcast here, view the video version here, and read the corresponding notes here. To stay current on federal tax updates, visit our podcasts page, where we upload a new episode each week.
ASAE’s online publication, Associations Now, interviewed Jennifer Rowell, Director of Member Engagement, on how NCACPA shows gratitude to our many volunteers. Recently, NCACPA started sending Gratitude books, signed by staff and sent with personal notes of appreciation and sentiment. “We wanted a simple and tangible item to give our members to recognize those in leadership roles,” […]
This week’s podcast discusses a case in which expenditures required by a regulatory agency to obtain approval for a merger were not automatically required to be capitalized. You can listen to the podcast here, view the video version here, and read the corresponding notes here. To stay current on federal tax updates, visit our podcasts […]
This week’s podcast discusses interim guidance issued by the IRS for taxpayers electing to claim research credit against payroll taxes. You can listen to the podcast here, view the video version here, and read the corresponding notes here. To stay current on federal tax updates, visit our podcasts page, where we upload a new episode each week.
Today, April 7, 2017, Governor Roy Cooper announced Ron Penny as leader of the Department of Revenue. Penny has served as Acting Secretary of Revenue since January 2017, and his first job out of college was in the Department of Revenue mailroom. He previously served as chair and associate professor in the Department of Public […]
Washington, D.C. (April 3, 2017) – Nine organizations representing diverse segments of the tax practitioner community presented to federal lawmakers a comprehensive set of recommendations designed to improve services provided by the Internal Revenue Service (IRS) to taxpayers and tax practitioners. The groups called for an improved governance and oversight structure for the IRS and […]
On March 22, 2017, the North Carolina State Board of CPA Examiners elected new officers, including two NCACPA members. Wm. Hunter Cook, CPA, was elected President of the Board, and Cynthia B. Brown, CPA, was elected Vice President. You can read the Board’s press release below, and access the online version here. State Board of CPA […]
By Ken Tysiac The updated CPA Exam makes its debut at the start of this month with an adjusted focus designed to continue to ensure that the candidates who pass it have the required knowledge and skills to protect the public interest. The updated exam places greater emphasis on higher-order skills of analysis and evaluation, […]
You’re wrapping up engagements, so take some time to get feedback from your clients. You can improve your relationships with clients and identify opportunities to improve your processes using the Engagement Review Tool from the Trusted Client Advisor Toolbox. This PCPS Engagement Review Tool is an example of the turnkey tools and solutions PCPS delivers. […]
The IRS regularly shares tips about different credits and deductions that can reduce a tax bill, as well as scams your clients should look out for. Here are 10 things the IRS is particularly reminding taxpayers and tax practitioners about in the run-up to the end of tax season on April 18 (and in one […]