2018 - Page 2 of 18 - Journal of Accountancy

The magazines

December 1, 2018

Learn about your customers with SurveyMonkey

Expanding Your App-titude is now Tech Tools, a name that better reflects the goal of reviewing technology that can help CPAs.

December 1, 2018

Tax Court sustains deficiencies for medical marijuana business

Nonmarijuana merchandise sales did not constitute a separate business, and the cost of goods sold was limited to amounts the IRS conceded, the court finds.

December 1, 2018

Implementing new software

These tips will help you select and implement software effectively.

December 1, 2018

The TCJA and foreign real property taxes

Despite the repeal of an itemized deduction for foreign real property taxes, some benefit may still be available to certain U.S. taxpayers living and working overseas.

December 1, 2018

Docket or lose it: Avoiding the risk of missed deadlines

An effective docket system helps reduce the likelihood of a filing error and can make a CPA firm more efficient.

December 1, 2018

Survey identifies 3 finance transformation drivers

A skills revolution could favor gig work.

December 1, 2018

International audit standard addresses estimates

The IAASB is enabling auditors to keep pace with accounting standards changes.

December 1, 2018

New tax credit for paid family and medical leave

Employers that offer this benefit to qualified employees can receive a credit worth up to 25% of the cost.

December 1, 2018

A new take on ethics and independence

A recently issued international code of ethics for professional accountants emphasizes compliance with fundamental principles, independence, and application of the conceptual framework to address threats to compliance.

December 1, 2018

The pros and cons of LLCs

Here are several key characteristics CPAs need to know about limited liability companies and how they compare with other entities.

December 1, 2018

SEC proposes clarifying broker-dealer exemption

The change corrects a 2013 error.

December 1, 2018

Line items

Final regs. govern partnership representatives under centralized audit regime … New paid family and medical leave credit guidance … Guidance issued on new rules for deductible corporate compensation

November 1, 2018

FinREC issues working draft on multiemployer benefit plans

A proposed chapter will be added to an AICPA Audit and Accounting Guide.

November 1, 2018

Final rules govern adequate substantiation for charitable contributions

The regulations also contain new definitions of qualified appraisals and qualified appraisers for noncash contributions.

November 1, 2018

FASAB committee proposal would withdraw inter-entity cost guidance

Lease accounting rules for federal entities also were clarified.

November 1, 2018

What’s your fraud IQ?

How good are you at spotting red flags that may indicate financial statement fraud? Take this month’s Fraud IQ quiz and find out.

November 1, 2018

Why cyberdefenses are worth the cost

The potential for devastating damage posed by data breaches means that not-for-profits and other organizations shouldn’t pinch pennies in this area. These tips can help reduce the risks.

November 1, 2018

Overcoming obstacles to engagement letter use

Don’t expose your practice to a severe liability claim by relying on one of several fallacious arguments for avoiding the use of engagement letters.

November 1, 2018

The benefits of ‘budgeting for results’

By starting with specific outcomes in mind in their budgeting process, not-for-profits can make themselves more attractive to detail-oriented, impact-driven donors.

November 1, 2018

Understanding the new kiddie tax

The Tax Cuts and Jobs Act made significant changes to the kiddie tax. See how the tax is determined under the new rules.

FROM THIS MONTH'S ISSUE

4 ways solo practitioners can stand out

Five years ago, a grieving Angel Zhen started his own CPA firm with no clients and no revenue. Today, he has 300 clients, $600,000 in revenue and 12 weeks of annual vacation. In this JofA article, he shares how he set up his firm and how you could do the same.