2018 - Page 3 of 18 - Journal of Accountancy

The magazines

November 1, 2018

Line items

Deemed personal exemption amount introduced … Guidance on automatic method changes for TCJA small business relief … Rules issued for elementary and secondary school 529 plan distributions

November 1, 2018

Microsoft Excel: Create an automated list of worksheet names

How to create an automated list of worksheet names in Excel — and add a table of contents.

November 1, 2018

Microsoft Windows: Save time with these 6 Windows shortcuts

Six handy Windows shortcuts, from Technology Q&A author J. Carlton Collins, CPA.

November 1, 2018

Income omission triggers 6-year limitation period

Reporting of some S corporation gross receipts is not adequate disclosure of all receipts, the Tax Court holds.

November 1, 2018

Strategies for maintaining an effective board

Recruiting, training, and retaining competent, engaged board members are critical to mission fulfillment for a not-for-profit.

November 1, 2018

Student overcomes background to earn Medal of Inspiration

Jeffrey Deyoe, a student at the University of Colorado Boulder, received Beta Alpha Psi’s Medal of Inspiration Award.

November 1, 2018

Small firm engagement letters

Engagement letters provide a critical line of defense against scope-of-service liability claims.

November 1, 2018

GASB clarifies majority equity interest reporting rules

The statement divides interests into investments and component units.

November 1, 2018

Updated guidance highlights key changes in the auditor’s report

The PCAOB also reported a high rate of deficiencies in broker-dealer audits.

November 1, 2018

Tips for NFP internal reports

When preparing internal financial reports, not-for-profits need to provide the board with the proper information to perform its oversight duties.

November 1, 2018

Awards recognize outstanding CPAs in government

Deborah Loveless and Kathryn Belfi receive awards.

November 1, 2018

New feature slated for Google Maps

Have you ever started using Google Maps’s driving (or walking) directions, only to find you immediately started going the wrong way?

November 1, 2018

The new QBI deduction is finally clearer

Proposed regulations issued on Sec. 199A bring welcome guidance.

November 1, 2018

Understanding the new kiddie tax: Additional examples

Examples of how the tax owed for children subject to the kiddie tax can change from 2017 to 2018.

November 1, 2018

FASB takes big steps on disclosure effectiveness

The board also addressed concerns about its standard on credit losses.

November 1, 2018

Professors recognized for accounting literature

Three professors received the AICPA’s 2018 Notable Contributions to Accounting Literature Award.

November 1, 2018

Steve Palomino, CPA/CITP, CGMA

Defining the requirements and the measure of success is the first step in a successful technology overhaul, according to Steve Palomino, CPA/CITP, CGMA.

November 1, 2018

Deduction disallowed for criminal restitution for fraudulent loan

The Tax Court denies that $400,000 was incurred in the trade or business of being an employee or in a transaction entered into for profit.

November 1, 2018

Microsoft Excel: An Excel Camera trick for overlaying sparklines

How to use Excel’s Camera tool to achieve the effect of multiple chart types.

November 1, 2018

Not-for-profits teaming up to fulfill missions

Working together can help like-minded not-for-profits reduce redundancies in pursuit of their goals. This case study shows how.

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.