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  • July 24, 2019

    Over the past several years, the emergence of new technologies has provided new ways for CPAs to provide services to clients through cloud-based and virtual platforms. These new services required careful consideration to maintain the high ethical principles that always have been a source of pride for CPAs, who are determined to maintain their independence so they can perform attest services without even a hint of possible impropriety.

  • July 17, 2019

    Using a new “Taxes. Security. Together.” Checklist, the Internal Revenue Service and the Security Summit partners urged tax professionals to review critical security steps to ensure they are fully protecting their computers and email as well as safeguarding sensitive taxpayer data.

  • July 11, 2019

    Taxpayers who received an extension but haven’t filed or those otherwise unable to file their return by the April deadline should visit IRS.gov if they need help completing and filing their return. These taxpayers must file by October 15.

  • July 10, 2019

    Taxpayers who filed an extension and are submitting their 2018 tax return this summer might be waiting for their tax refund. It’s easy for these taxpayers to check on the status of their money. They can just zip over to IRS.gov and use “Where’s My Refund?”

  • June 28, 2019

    Millennials are everywhere. As the largest generation of Americans ever, they seem to be changing every aspect of our society. They’re influencing marketing trends, technological advancements, politics, travel, food — there’s little that isn’t affected by this generation’s unique way of doing things.

  • June 27, 2019

    Alabama’s 14th annual sales tax holiday for school-related items begins at 12:01 a.m. Friday, July 19, 2019, and ends at midnight Sunday, July 21, 2019, giving shoppers the opportunity to purchase certain school supplies, computers, books and clothing free of the state’s four percent sales or use tax. Cities and counties must notify the state that they will participate in the 2019 holiday by June 21.

  • June 25, 2019

    It’s important to revisit your tax withholding, especially if major changes from the Tax Cuts and Jobs Act affected the size of your refund this year. Even if you did a Paycheck Checkup last year, you should do it again to account for differences from TCJA or life changes. A Paycheck Checkup can help you see if you’re withholding the right amount of tax from your paycheck. Too little could mean an unexpected tax bill or penalty.

  • June 18, 2019

    Technological innovation is changing the services CPAs provide and how they provide them. As the knowledge and skills CPAs need evolve, NASBA and the AICPA are exploring if CPA licensure should evolve too.