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Tax Strategies

Tax Ramifications of Recent Supreme Court Decisions

Sidney Kess, CPA, J.D., LL.M.

Tax Ramifications of Recent Supreme Court Decisions

Just before the U.S. Supreme Court closed its 2014 term, two notable decisions were announced. Both have important tax consequences for individuals and businesses, nationwide and on a state level. Premiums...

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Feature Stories

What the PATH Act Means for R&D Credits and Why You Shou…

Michael Silvio, CPA

What the PATH Act Means for R&D Credits and Why You Should Care

Since being enacted as part of the Economic Recovery Tax Act of 1981, the federal research and development (R&D) tax credit has never been made permanent. It was always a...

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Editor Blog

Lewis Testifies at Congressional Committee

T. Steel Rose, CPA, ACS Editor

Lewis Testifies at Congressional Committee

Chairman of the AICPA Tax Section’s Tax Executive Committee, Troy Lewis, CPA, testified before the Small Business Committee of the U.S. House of Representatives in July of last year to...

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Client Tax Tip

You Can Claim Lifetime Learning Credits for Continuing Educa…

Julie Welch, CPA, CFP

You Can Claim Lifetime Learning Credits for Continuing Education Courses

You can offset the costs of higher education with two credits: the Lifetime Learning credit and the American Opportunity tax credit. The Lifetime Learning credit provides for a broader range...

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Tax Checklist

Checklist: Tax Planning Challenges

Martin M. Shenkman, CPA, MBA, PFS, AEP, JD

Checklist: Tax Planning Challenges

√ Surtax/Kiddie Tax Planning The 3.8% Surtax may be avoided by distributions to children subject to the Kiddie Tax (persons under age 19 and full-time students under age 24 with unearned...

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IRS Representation Advisor

IRS Posts New Forms for Offers in Compromise

E. Martin Davidoff

IRS Posts New Forms for Offers in Compromise

On December 31, 2013, the IRS posted the January 2014 revision to Form 433-A (OIC), Collection Information Statement for Wage Earners and Self-Employed Individuals, to be used for offers in...

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Financial Planner

SSARS 21 and Other Critical Changes

Jerry Love, CPA/PFS, CFP, CVA, ABV, CITP, CFF, CFFA

SSARS 21 and Other Critical Changes

I am going to give you the highlights of four very critical items which may impact you in 2016 and beyond. 1. ACA 1094 and 10952. SSARS 213. SSA changes to...

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