by Rupinder | Oct 2, 2015 | Uncategorized
Following concerns from the tax professional community (refer to NSA’s Tax Practitioner Bill of Rights), the IRS has modified its Columbus Day power outage to minimize the impact of this critical maintenance period as much as possible. This year, the Columbus...
by Rupinder | Sep 29, 2015 | Uncategorized
Farmers and ranchers who previously were forced to sell livestock due to drought, like the drought currently affecting much of the nation, have an extended period of time in which to replace the livestock and defer tax on any gains from the forced sales, the Internal...
by Rupinder | Sep 29, 2015 | Uncategorized
Federal regulation of tax return preparers must recognize state certifications and credentials obtained through examinations that establish competency in tax NSA sent a letter to the chair and ranking member of the Senate Finance Committee asking for changes to a...
by Rupinder | Sep 25, 2015 | Uncategorized
Individuals who received the Affordable Care Act Advanced Premium Credit for the insurance they received in 2014 and have not filed their 2014 income tax returns have been receiving letters urging them to file their returns or risk losing their credit for 2016 or at...
by Rupinder | Sep 16, 2015 | Uncategorized
Kathy Hettick, EA, ABA, ATP of Enumclaw, WA was elected President of the National Society of Accountants (NSA) at the recent NSA 70th Annual Meeting in Vancouver, British Columbia, Canada. She will serve in the position for one year. Hettick brings years of accounting...
by Rupinder | Sep 16, 2015 | Uncategorized
The National Society of Accountants (NSA) elected a slate of new officers, District Governors, and State Directors at its 70th Annual Convention in Vancouver, British Columbia, Canada. The following officers were installed to the NSA Executive Committee for...
by Rupinder | Sep 15, 2015 | Uncategorized
The Internal Revenue Service (IRS) today issued Revenue Procedure 2015-48, which provides guidance on last year’s extension of the placed-in service date for property qualifying for the 50-percent additional first year depreciation deduction. The guidance also...
by Rupinder | Sep 11, 2015 | Uncategorized
The Senate Finance Committee has announced a September 16 markup of a bill to regulate tax return preparers and make other changes designed to help combat identity theft and tax refund fraud. There are two things to note with this bill as it relates to tax return...
by Rupinder | Sep 10, 2015 | Uncategorized
For those of you who were not able to attend our Annual Convention, the following members are our new Board of Governors: President – Kathy Hettick, EA, ABA, ATP First Vice President – Alfred Giovetti, CPA, ABA, ATA, ARA Second Vice President...
by Rupinder | Sep 9, 2015 | Uncategorized
We are proud to announce that our Executive Vice President, John Ams, has just been named one of the “Top 100 Most Influential People” by Accounting Today! This is what they had to say about his many accomplishments: With so many issues – from Obamacare and...
