CORRECTION
An article in
November, “Tools
for Financial Analysis,” should have reported that ProfitCents,
by Sageworks, compiles private industry data directly from accountants
using the system for analysis. According to Sageworks, it does not use
other private sources of industry data.
The JofA
regrets the error 
SPONSORED REPORT
A new line of business to considerTechnology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.
FEATURE
Maximizing the higher education tax creditsA counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.