2018 - Page 6 of 18 - Journal of Accountancy

The magazines

September 1, 2018

Mitigating risk related to tax reform

While tax planning opportunities associated with the law may be a windfall to a CPA firm’s bottom line, vulnerability to professional liability claims exists.

September 1, 2018

FASB clarifies accounting for grants and contributions

The board also proposed a new definition of collections and issued clarifications on lease accounting and other issues.

September 1, 2018

Trust and estate tax planning article wins JofA Best Article Award

Sonja E. Pippin, associate professor in the Department of Accounting and Information Systems at the University of Nevada, Reno, received the JofA’s Lawler Award for the best article of 2017.

September 1, 2018

Quick quiz: Test your cloud knowledge

Q. Who was the first person to download data from the cloud to a tablet?

September 1, 2018

SEC adopts new Inline XBRL requirements

The commission also changed the scaled disclosure requirements threshold and addressed several other issues.

September 1, 2018

Women’s initiatives: A step-by-step plan

The AICPA Women’s Initiatives Executive Committee’s three-year pilot program helped firms discover the most effective methods for empowering women in the workplace.

September 1, 2018

Checking risk oversight can inform audits

A strong or weak commitment to addressing risks may be an indicator of management’s focus on financial reporting risks.

September 1, 2018

AICPA addresses client confidentiality exception

The proposal would apply to third-party quality reviews.

September 1, 2018

Vacation home rentals and the TCJA

Allocation of certain expenses between personal and rental use may need to change under the law known as the Tax Cuts and Jobs Act.

September 1, 2018

Line items

‘Postcard’ Form 1040 debuts — with sheaf of schedules … Disguised-sale temporary regs. withdrawn

September 1, 2018

Appellate court vacates summary judgment for unpaid withholding taxes

Sufficient evidence existed to warrant a trial on assessment of the Sec. 6672 penalty.

September 1, 2018

Proposed standard would revise SSAE No. 18

If approved, the standard would give practitioners added flexibility.

September 1, 2018

Our annual survey breaks down how CPA tax preparers rate their tax preparation software’s performance during the challenge of the last tax season. This year, we also look ahead to the sweeping changes in tax law.

September 1, 2018

Microsoft Excel: Including an ‘&’ in headers and footers

In Excel’s custom headers and footers box, the ampersand character (&) is used as a marker to indicate that a special formatting code follows.

September 1, 2018

Spotting fraud victims

The signs of victimization are often subtle and embarrassing.

September 1, 2018

Alpa Patel, CPA

By paying close attention to the people side of the business, accountants can deliver the full impact of their technical skills to clients, says Alpa Patel, CPA.

September 1, 2018

How to avoid becoming a scam victim

Criminals prey on fear and ignorance to pull off fraudulent schemes.

September 1, 2018

FASB memos shed light on private company revenue recognition issues

The documents show the thinking of the board’s staff on challenges preparers face.

September 1, 2018

Tax Court again denies microcaptive insurance arrangement

A second taxpayer’s captive fails to qualify as an insurance company.

September 1, 2018

Microsoft Windows: How to best name and search for files

A better option might be to employ one or more of today’s advanced index search tools.

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.