2018 - Page 14 of 18 - Journal of Accountancy

The magazines

March 1, 2018

SEC permits reasonable estimates in corporate tax reporting

The guidance relates to the Tax Cuts and Jobs Act.

March 1, 2018

Donation-based crowdfunding and nontaxable gifts

Amounts received from online funding appeals for charitable causes or individual relief may qualify for exclusion from taxable income.

March 1, 2018

Line items

2018 standard mileage rates … IRS modifies individual mandate affordability exemption where no bronze plan is available

March 1, 2018

AICPA Foundation scholarship recognizes outstanding incoming college freshmen

Ten incoming college freshmen received the first-ever AICPA Foundation High School Scholarship.

March 1, 2018

A more effective approach for internal audit

By developing a methodology for collaboration across all three lines of defense, internal audit can make the most of company resources and technology for risk management.

March 1, 2018

The AICPA and the ongoing tax reform process

AICPA tax policy experts discuss advocacy efforts related to the recent tax overhaul bill and the role member input will have on its implementation.

March 1, 2018

A portion of a lump-sum Social Security disability payment ruled includible in gross income

The Tax Court holds that a Sec. 86 election was not made and would not have reduced the tax liability.

March 1, 2018

U.K. divorce decree payment was not alimony

Payment to the taxpayer’s ex-wife was not alimony, as it would not have terminated upon her death under English law.

March 1, 2018

CPA Exam software gets upgrade

Real-world testing informed the design.

March 1, 2018

FASB proposes lease standard implementation improvements

The draft adds a transition option and a practical expedient.

March 1, 2018

PCAOB gets new chairman, complete new board membership

The new members come from public and private organizations.

March 1, 2018

Think twice before suing for unpaid fees

Such actions could prompt a client to file a counterclaim for negligence or a regulatory complaint against the CPA firm.

March 1, 2018

Court grants IRS summons of Coinbase records

The Service’s narrowed request seeking unreported virtual currency transactions was made in ‘good faith.’

March 1, 2018

Clients are living longer: How will your practice adapt?

With the over-100 population swelling in the United States, CPA financial planners need to focus on guiding clients toward a longer retirement.

March 1, 2018

Microsoft Office: 9 PivotTable enhancements in Excel 2016

Microsoft has made several improvements to Excel 2016’s PivotTables.

March 1, 2018

Aiding employees after a disaster via Sec. 139

This little-known provision allows payments to be excludable from employees’ income and deductible by the employer.

March 1, 2018

GASB proposals address capitalization of interest costs, implementation

The board also issued guidance on other post-employment benefits.

March 1, 2018

Microsoft Office: Excel’s versatile CONVERT function

How to use Excel’s CONVERT function to convert a multitude of units of measurements.

March 1, 2018

Henry Tippie

Henry Tippie, presiding director for Rollins Inc., RPC Inc., and Marine Products Corp., says the best leaders heap credit for success onto their employees.

March 1, 2018

Factoring in the time value of money with Excel

This Technology Workshop illustrates how to leverage a number of functions to perform calculations in Excel involving the time value of money.

FROM THIS MONTH'S ISSUE

Making the right choice when no one is watching

The true test of one’s character is the decision made when no one is looking over your shoulder. Learn how CPAs can uphold ethical standards and take actions that help limit liability risk.