by Rupinder | Oct 10, 2017 | Uncategorized
The IRS is sending the following QuickAlert today to users of e-Services: The IRS today warned all e-Services users to beware a new phishing scam that tries to trick tax professionals into “signing” a new e-Services user agreement. The phishing scam seeks to steal...
by Rupinder | Oct 2, 2017 | Uncategorized
The National Society of Accountants (“NSA”) is pleased to submit comments on the Exposure Draft of Proposed Section 14(q) of the Uniform Accountancy Act, or UAA. As you may know, NSA is a voluntary association of Certified Public Accountants, Enrolled Agents, licensed...
by Rupinder | Sep 22, 2017 | Uncategorized
The House Ways and Means Committee this afternoon released a bill that would provide tax relief to those impacted by the recent hurricanes. It is expected the bill will receive consideration in the House and Senate in the very near future. Enactment of the “Disaster...
by Rupinder | Sep 20, 2017 | Uncategorized
Brian L. Thompson, CPA, of Bailey & Thompson Tax & Accounting in Little Rock, AR was elected President of the National Society of Accountants (NSA) at its recent 72nd Annual Convention in Reno, NV. He will serve in the position for one year. Thompson has more...
by Rupinder | Sep 12, 2017 | Uncategorized
The IRS today released Announcement 2017-13 which provides relief to victims of Hurricane Irma, which caused damage to Florida and several other areas. It permits easier access to victims’ funds held in workplace retirement plans and in IRAs, for the period beginning...
by Rupinder | Aug 11, 2017 | Uncategorized
The Financial Accounting Standards Board on August 3 issued a proposed Accounting Standard Update (ASU) intended to clarify and improve the scope and the accounting guidance for contributions received and made, primarily by not-for-profits. FASB requested comments on...
