by Rupinder | Aug 4, 2016 | Uncategorized
A federal court on August 3 again dismissed the American Institute of CPAs’ lawsuit to stop the implementation of the Internal Revenue Service’s voluntary registration program. NSA members may recall that the U.S. District Court for the District of...
by Rupinder | Jul 26, 2016 | Uncategorized
A total of 32 students have earned scholarships from the National Society of Accountants (NSA) Scholarship Foundation. Together, they will receive $35,300 in scholarship awards. The Foundation has provided more than $1 million since 1969 to deserving undergraduate and...
by Rupinder | Jul 22, 2016 | Uncategorized
When Brian L. Thompson, CPA, a partner with Bailey & Thompson Tax & Accounting, P.A., in Arkansas, was forced by the Internal Revenue Service (IRS) to conduct a tax return audit for a client with an IRS representative on April 15, 2015, he was surprised and...
by Rupinder | Jul 20, 2016 | Uncategorized
Over the past few months, lawmakers have continued to press for the Small Business Health Care Relief Act (HR 5447) to move forward. The bipartisan initiative is meant to help restore the traditional use of Health Reimbursement Arrangements (HRAs) by small business...
by Rupinder | Jul 6, 2016 | Uncategorized
The IRS Security Summit, consisting of the IRS, state tax agencies and the private-sector tax industry, has released a warning to tax preparers that they increasingly are targets of cybercriminals and should take appropriate steps to protect clients from data theft....
by Rupinder | Jul 5, 2016 | Uncategorized
Four Levers that are Key to Growth: 1. Transitioning in and out of tax season2. Increasing year-round revenue3. Optimizing pricing4. Changing client relationships. When I started in this business (some 34 years ago) I was lucky enough to have great mentors. Maybe it’s...