2019 - Journal of Accountancy

The magazines

December 1, 2019

Making use of FASB delays

Delays in effective dates for three key accounting standards provide preparers an opportunity for a more thorough implementation.

December 1, 2019

Apples + Oranges = Risks in nontraditional acquisitions

Navigating the acquisition, onboarding, and integration of non-CPA professionals can be tricky.

December 1, 2019

IRS cannot stack frivolous-return penalties for 6 photocopies

The copies were clearly labeled as such in attachments to the taxpayer’s correspondence with the IRS and so did not purport to be returns, the Tax Court holds.

December 1, 2019

Awards recognize innovative teaching methods

Nine accounting educators received 2019 Effective Learning Strategies Awards.

December 1, 2019

Kirsten Duke, CPA, CGMA

Listening carefully and communicating with everybody throughout the organization can help great ideas get developed, according to Kirsten Duke, CPA, CGMA, the CFO at DomainTools in Seattle.

December 1, 2019

Helping clients after they are divorced

CPAs should review several key financial planning steps with newly single clients.

December 1, 2019

APBP-graduate high school students receive Foundation Scholarship

Ten high school students received the AICPA Foundation High School Scholarship, which provides $2,000 to students who intend to continue their accounting studies.

December 1, 2019

AICPA Legacy Scholars program benefits 129 students

The AICPA granted $666,000 in academic scholarships to 129 students as part of the AICPA Legacy Scholars program.

December 1, 2019

Line items

Travel per-diem rates updated … IRS offers expatriate tax relief … Voluntary compliance shrinks slightly

December 1, 2019

New TQAs discuss 2019 Compliance Supplement’s guidance for performing single audits

The nonauthoritative guidance addresses recent revisions.

December 1, 2019

Father’s treatment of partnership interest expense does not bind son

The son, who inherited and received as gifts the interests in real estate partnerships, could treat nonrecourse debt as acquisition indebtedness, the Tax Court holds.

December 1, 2019

IASB, GASB address interbank-offered rate phaseout

The standard setters are preparing for transaction-based rates.

December 1, 2019

Accounting method choice cuts both ways

Change is hard, especially without a Form 3115, Application for Change in Accounting Method.

December 1, 2019

AICPA seeks guidance on adjustments for conversions from S corp. to C corp.

A reduced corporate tax rate could encourage changeover.

December 1, 2019

Zapier: From IFTTT ‘weird’ to ‘wonderful’ in a ZAP

A monthly look at applications, gadgets, and other technology that can improve a CPA’s job and life.

December 1, 2019

SEC accepting Professional Accounting Fellow applications

The program provides opportunities for public service and personal development.

December 1, 2019

Keep clients coming to you with PFP services

A tax practice can weather demographic and technological changes by expanding its reach in financial planning. Tax knowledge gives CPAs an advantage when it comes to financial planning because almost every aspect of financial planning involves tax.

December 1, 2019

SEC addresses IPOs, ETFs, retail investor protections

All issuers will be allowed to ‘test the waters.’

December 1, 2019

Ask the expert: Technology

Aaron Harris has more than 25 years of high-tech engineering experience in business applications and software development strategies. As Sage’s Global CTO, he is responsible for Sage’s technology and product vision.

December 1, 2019

The 4 best technologies for CPAs

J. Carlton Collins, CPA, outlines the four technologies he thinks CPAs should be using.

FROM THIS MONTH'S ISSUE

How a CPA beat burnout after strokes, depression

Get ready for tax season with the JofA’s annual filing season quick guide, an easy-to-use compilation of dollar thresholds, tax tables, standard amounts, credits, and deductions. Download and print for quick reference this tax season.