Take a quick break from busy season and hear stand-up comedian Greg Kyte, CPA share his latest joke.
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2017: How Has it Differed from Other Years? Take the Busy Season Survey
With just about half of this year's busy season in the rearview mirror, it's time to pause and reflect. How has this busy season differed from other years? Take the CPA Trendlines Busy Season survey and tell us.
Form 4797 – Sale of Assets: The Good, The Bad and The Ugly
Form 4797 generally reports the sale of assets utilized in a trade or business as described in IRC §1231, but it can be tricky to complete without errors. We've broken down Form 4797 into what's good, what's difficult, and what can be an all-around headache.
(Video) Forbes’ Tony Nitti On Why You Can Never Be Too Prepared for Tax Reform
Though many of the details remain unclear, there's a general consensus that tax reform is on its way. Forbes' tax policy blogger, Tony Nitti, CPA, talks about why CPAs need to be prepared for any possible outcome, and why the time to start preparing is now.
What You Need To Know About the Border Adjustment Tax
What’s the buzz about the Border Adjustment Tax, and why should you pay attention to it?
Surprise, Surprise for C Corporation Extensions
On January 17, the IRS published draft Form 7004 Instructions, extending the due date for C corporation returns to October 15, 2017.
Lien Foreclosure & Subsequent Sale of Property Owned by Innocent Party OK’d in District Court: What this Means for Property Co-Owners
Lien Foreclosure & Subsequent Sale of Property Owned by Innocent Party was recently OK’d in District Court. Surgent's Director of Tax & Advisory Content shares his thoughts on why tax delinquency issues should be explored among co-owners prior to purchase and titling.
IRS Guidance Permits Same-Sex Couples to Recalculate Tax Treatment on Prior Gifts or Bequests
The IRS posted guidance (2017-15) permitting same-sex married couples to recalculate the prior transfer tax treatment of gifts and bequests made before the U.S. Supreme Court deemed Defense of Marriage Act (DOMA) unconstitutional.
2017 Tax Season Just Kicked Off: Here’s Your Playbook
As you prepare to file taxes for your clients and yourselves this tax season, we’ve highlighted the most important tax court decisions, tax law changes, and IRS rulings that will impact your filings.
5 Tips for How to Prepare for an IRS Audit
No business owner wants to be faced with an IRS audit, and some may never have to, but if you receive a tax audit notice, be prepared with these 5 tips.