Putting Economic Stimulus Provisions to Work

Many financial executives say their companies are using or are planning to take advantage of economic stimulus tax provisions, according to a Grant Thornton survey of U.S. CFOs and senior comptrollers.


Here are the provisions they’re planning to use:


  • Bonus depreciation (50%)
  • Increased section 179 expensing (46%)
  • Net operating loss carryforwards (43%)
  • Acceleration of R&D or AMT credits (25%)
  • Cancellation of debt income (9%)


Source: Grant Thornton survey of senior financial executives, grantthornton.com.



Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.