In “Tax Season Kicks Off” (Jan. 10, page 32), the section on “Business Relief” misstated the amount of new or used tangible personal property placed in service during the tax year that was eligible for expensing under section 179 in 2008. The correct amount is $250,000, the same as in tax year 2009. The JofA regrets the error.
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Building client loyalty with payroll servicesIn this report, CPA experts detail their tactics for performing successful payroll services, how to mitigate risk in the process, and the impact payroll can have as a value-added service.
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Using drones to enhance auditsHermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.