2019 - Page 14 of 17 - Journal of Accountancy

The magazines

March 1, 2019

Salesman’s termination payment held not for goodwill

The Tax Court also denies capital gain treatment but allows business deductions for a taxpayer’s subsequent shooting activity.

March 1, 2019

Schreiber receives profession’s highest honor in taxation

Gerard H. Schreiber Jr., a partner in Schreiber & Schreiber in Metairie, La., received the 2018 Arthur J. Dixon Memorial Award, the highest honor bestowed by the accounting profession in the area of taxation.

March 1, 2019

Private company GAAP alternatives: It’s not too late

The elimination of the effective date for FASB’s private company GAAP alternatives means it’s never too late to take advantage of these accounting simplifications. Each alternative may offer substantial relief and cost savings for private companies as they perform their accounting.

March 1, 2019

Bob Glatz, CPA, CGMA

Getting ahead of the curve with data analytics and artificial intelligence can help accounting professionals succeed as trusted business advisers, according to Bob Glatz, CPA, CGMA.

March 1, 2019

Hearn and Duffus recognized for FVS volunteer service

Bethany Hearn was named Business Valuation Volunteer of the Year, and David Duffus was named Forensic and Litigation Services Volunteer of the Year.

February 1, 2019

GASB proposes implementation guidance

Q&As would address application of many topics.

February 1, 2019

What’s your fraud IQ?

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

February 1, 2019

Microsoft Office: Tips for Excel-based financial reports

When it comes to producing financial statements and reports in Excel, here are a few formatting rules that may help the reports appear more professional.

February 1, 2019

Betsy George, CPA

Accountants need to balance their interest in fine details with consideration of the big picture, says Betsy George, CPA, of the Ventura Unified School District in California.

February 1, 2019

FASB alters transition requirements, scope of credit losses standard

FASB amended its standard on accounting for credit losses, changing the transition requirements and clarifying the scope of the standard.

February 1, 2019

Tax preparer due-diligence rules are finalized

Preparer penalties now also apply to erroneous head-of-household filing status.

February 1, 2019

Simplifying adoption of NFP financial reporting standard

Tax-exempt organizations are working through the biggest change to not-for-profit financial reporting in 25 years. Smaller organizations with limited resources can smoothly implement FASB’s new rules by following some best practices.

February 1, 2019

FinREC proposes guidance on inventory valuation

Comments are sought on nonauthoritative guidance.

February 1, 2019

Addressing risks related to the TCJA and Wayfair

In this Q&A, experts discuss the challenges CPA firms face from these developments and the steps they can take to mitigate professional liability risk.

February 1, 2019

Which benefits do employees find most financially beneficial?

Health insurance and 401(k) matches led the pack.

February 1, 2019

FASB proposes narrow-scope financial instruments accounting changes

No significant effects on accounting practice are expected.

February 1, 2019

Snipes’s collection alternative refused

The IRS did not abuse its discretion in rejecting a proposal by the film actor and producer to settle a tax debt for less than 4 cents on the dollar, the Tax Court holds.

February 1, 2019

Microsoft Excel: Upgrade to the latest Excel features

The days of downloading and installing the prerelease beta version of Microsoft Excel are gone, but you can still install the latest prerelease beta features for free.

February 1, 2019

Claiming the R&D credit against payroll tax or AMT

Smaller taxpayers now are afforded greater
flexibility.

February 1, 2019

Executives’ optimism recedes from historic highs

Sentiment still positive, but trade disputes and worker shortages lead to concerns.

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.