2015 - Page 17 of 22 - Journal of Accountancy

The magazines

March 1, 2015

Financial planning

A decrease in loan delinquencies, coupled with an increase in job openings, has boosted Americans’ satisfaction with their finances, a new AICPA economic index revealed.

March 1, 2015

News highlights for March 2015

FASB issued a new GAAP alternative that is designed to make accounting for certain intangible assets acquired in a business combination less costly and less complicated for private companies.

March 1, 2015

Forensic accounting and business valuation practitioners have unique business development challenges. A recent survey helps shed light on where they can expect to find future growth. Plus: Download “This just in: Forensic and valuation services expected to keep growing,” an infographic highlighting key findings from The 2014 AICPA Survey on International Trends in Forensic and Valuation Services.

March 1, 2015

OIC and trust fund recovery mediation now available nationwide

Rev. Proc. 2014-63, issued in December, provides rules for a nationwide implementation of post-Appeals mediation for offer-in-compromise (OIC) and trust fund recovery penalty cases.

March 1, 2015

Accounting firms moving slowly toward cloud

CPA firms have their eyes on the cloud, but most of their accounting software remains loaded on their own computers and servers. A new section of the 2014 AICPA PCPS Management of an Accounting Practice (MAP) Survey uncovers the who, what, how, and why of information technology decisions in public accounting.

March 1, 2015

Minimum essential coverage, other health care reform guidance issued

The IRS lists “individual mandate” exemptions not requiring a certificate from a health insurance exchange.

March 1, 2015

Standard mileage rates for 2015

The IRS gave 2015 standard mileage rates for calculating the deductible costs of operating a vehicle.

March 1, 2015

Expanding your app-titude

MobileDay makes conference calls easier on the road … Lost in translation? Try Abbyy’s TextGrabber

March 1, 2015

Right to purchase land is a capital asset

A taxpayer’s sale of his position in a lawsuit resulted in capital gain rather than ordinary income.

March 1, 2015

Domestic production gross receipts not derived from free phone app

A bank does not have domestic production gross receipts for purposes of the Sec. 199 domestic production activities deduction when customers download its free mobile phone app.

March 1, 2015

40 tips for taking control of the meeting room

The event planners or facility staff will typically set the facility according to their preferences, but as the presenter, you should review their efforts, and make any adjustments necessary to better accommodate your audience and deliver the best possible presentation.

March 1, 2015

Employment tax and worker classification not subject to TEFRA

In Field Attorney Advice 20145001F, the IRS concluded that the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA), P.L. 97-248, does not apply to employment tax or worker classification examinations.

March 1, 2015

Final rules govern reporting of specified foreign financial assets

The regulations provide an exception for dual-resident taxpayers taxed as residents of a treaty partner country; IRS requests comments on virtual currency.

March 1, 2015

Go ahead, take the stage

For many professionals, public speaking is a dreaded task. The reality, however, is that CPAs often are called to the front of the room, whether it’s to present at a board of directors meeting or speak at a conference or other event. This article presents dozens of tips to help CPAs shine in the public speaking spotlight.

March 1, 2015

Big Data case study: What forensic accountants need to know

Many CPAs will need to learn new IT skills due to the rise of Big Data, which is producing plentiful forensic accounting business opportunities.

March 1, 2015

Ethics, reputation, and compliance gain as corporate priorities

Businesses are placing increasing emphasis on ethics and compliance, and the area is set to gain further importance in the near future.

March 1, 2015

Cash balance plans for professional practices

Understand the rules for this leading form of retirement benefit.

March 1, 2015

How small businesses can keep data secure

Lisa Traina, CPA/CITP, CGMA, president and owner of information technology security firm Traina & Associates, suggests ways for organizations with limited IT budgets to keep their data secure.

March 1, 2015

The domestic production activities deduction for computer software

Know how to apply the rules to this fast-changing industry.

February 1, 2015

Management accounting

Olivia Kirtley, CPA, CGMA, held a small blue globe in her hand for the audience to see as she presided over the closing ceremony of the World Congress of Accountants in November. The globe, made at a CGMA booth using a 3-D printer at the Rome meeting, was more than