Diversifying the Tax Collection Arsenal


“We cannot audit our way to full compliance. … We need to supplement our efforts with new tools, such as more information reporting, soft notices and self-correction options for taxpayers.”

—IRS Commissioner Doug Shulman, July 18

Source:The IRS, www.irs.com.

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A new line of business to consider

Technology 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.

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Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.