Breaking News

IRS seeks membership nominations for the 2025 Internal Revenue Service Advisory Council

Peter J. Scalise

On Thursday, April 18th the Internal Revenue Service announced that it is now accepting applications for the 2025 Internal Revenue Service Advisory Council (hereinafter “IRSAC”) through May 31, 2024, including nominees for a newly created subcommittee focused on fairness issues. The IRSAC serves as an advisory body to the IRS commissioner...

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Marital Dissolution Planning and Crowdfunding

Divorce Taxation

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

When couples split up, it’s still common for one party to make support payments to the other. Sometimes this continues until the death of the party receiving support; sometimes it...

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The Bottom Line

Tax Strategies

Marital Dissolution Planning Post TCJA

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

The IRS reports that nearly 600,000 taxpayers claimed an alimony deduction on their 2015 returns (the most recent year for statistics) (https://www.irs.gov/pub/irs-soi/soi-a-inpd-id1703.pdf). The Tax Cuts and Jobs Act of 2017...

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Feature Stories

Tax Court Upholds Strict Adherence to Requirements for IRS P…

Kathleen M. Lach

A recent decision issued by the U.S. Tax Court in Graev v. Commissioner 1 could prove pivotal in cases where a practitioner has requested abatement of penalties for their client...

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Financial Planner

Understanding Pay Options with the new DOL Regulations

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

This article is a follow up to the prior article which highlights the new regulations for the Fair Labor Standards Act (FLSA) from the Department of Labor (DOL) raising the...

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Client Tax Tip

How Interest Can Be Deducted When Money is Borrowed to Buy I…

Julie Welch, CPA, CFP

If a taxpayer borrows money to purchase investments, such as mutual funds, bonds or stock, the interest paid on the loan can usually be deducted. There are two limitations, however...

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Editor Blog

CPAs Wanting to Do It Themselves

Joshua Fluegel

In its ongoing effort to stay on the forefront of developments in tax profession technology, CPA Magazine talks to Mark Strassman, president of Make My Day CPA. Strassman discusses CPAs’...

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Tax Checklist

Non-Grantor Trust Planning Tips Benefit Many Clients

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

Why You Must Understand the New Planning Benefits of Non-Grantor Trusts The 2017 Tax Act dramatically changed tax planning. In the new tax environment, there are a number of significant income...

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The nuisance of online machine-generated advertising has recently been exceeded by word that Google, Yahoo, Microsoft, Facebook, AOL and Apple have been providing data to the NSA. Are there alternatives to these compromises in privacy? The first move in increasing your privacy would be to change your browser from Explorer or Chrome to Mozilla’s Firefox.  However, since Firefox uses Google as its default search engine your next move may be to switch your search engine. Take a look at DuckDuckGo, Blekko, Wolframalpha or even Wikipedia. DuckDuckGo.com offers reported search results much like Google. Blekko provides searches grouped by results and reviews. Wolframalpha is more of an academic reference system, but it is very effective for historical data. Once you find a new search engine change it to your default through the "Settings" or "Preferences" in your browser. For the bloggers, BlogSpot (owned by Google) and Tumblr (owned by Yahoo) are no longer safe havens so Wordpress is a viable free alternative.

Then there is email. Google's Gmail service, launched in 2004, has grown to become one of the worlds largest along with Microsoft’s Outlook and Hot Mail. Alternatives to these giants include Mozilla’s Thunderbird, my personal favorite.

If you're serious about avoiding being snooped on, your next smartphone can't be an Android due to its use of Google's software, a Motorola phone because Google owns Motorola Mobility as well, or Apple’s iPhone either. That leaves a choice between the BlackBerry, Nokia Lumia or a prepaid phone where your name is not given to the provider.

 

To secure text messaging on smartphones, WhatsApp is a text messaging application that has over 200 million users mainly in Europe and Brazil. This also has the advantage of saving you money on text charges. The text message alternative Skype has been compromised too due to it being purchased by Microsoft in 2011.

Online video giant YouTube is owned by Google. The alternative Vimeo is used by professional videographers and features HD quality. For Smartphone videos there's Twitter's Vine that limits videos to six seconds but is great fun. Social networking sites such as Google+ and Facebook have also been compromised which leaves you with MySpace and LinkedIn.

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