2019 - Page 15 of 17 - Journal of Accountancy

The magazines

February 1, 2019

Finding out if one can prosper investing in loans

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

February 1, 2019

Sec. 199A: Regulations shed light on QBI deduction

For the first time this tax season, many taxpayers will be claiming the Sec. 199A deduction, which provides a deduction for 20% of qualified business income.

February 1, 2019

Taxpayers are again denied theft loss for ‘pump and dump’ fraud

The taxpayers could not prove on remand there was no reasonable prospect of recovery by the end of the tax year.

February 1, 2019

Understanding the FDII deduction

Starting this year, C corporations can claim a foreign-derived intangible income deduction of 37.5%.

February 1, 2019

Bonus depreciation now available for used property

Proposed regulations raise new considerations for applying bonus depreciation to acquisitions of used property.

February 1, 2019

Employee benefit plan auditing rules to change

A new standard includes a revised report format for ERISA engagements.

February 1, 2019

Working group considers changes to CPA licensing requirements

The focus is on innovation and client demands.

February 1, 2019

Ergonomics: Ideas for a more productive workspace

You may want to consider the ideas in the following ergonomics checklist, which I developed based on years of sitting at other people’s desks while installing accounting software.

February 1, 2019

Teaming up for success

Follow these tips to develop and maintain an effective team culture.

February 1, 2019

Line items

Proposed rules issued for qualified opportunity funds … IRS announces 2019 retirement plan limits … OASDI wage base increases

February 1, 2019

Cryptocurrency gift strategies for not-for-profits

Not-for-profits should proceed carefully as they consider whether to accept gifts of virtual currency. And here’s how they should proceed if they do.

January 1, 2019

Account management: Trading many passwords for one

Because password management can be such a daunting process, you might want to consider using a password management tool to help you manage and periodically update your passwords.

January 1, 2019

From controller to consultant

Jian Xiao, CPA, CGMA, started consulting because she needed more flexibility after her son was born 10 years ago.

January 1, 2019

3 high school students win online accounting game tournament

Three high school students won this year’s AICPA Bank On It tournaments.

January 1, 2019

Relief for small business tax accounting methods

The cash method and other favorable rules are now more widely available with Tax Cuts and Jobs Act changes.

January 1, 2019

Meals continue to be deductible under IRS guidance

Advance guidance clarifies that the TCJA’s disallowance of deductions for entertainment, amusement, or recreation does not address business meals.

January 1, 2019

IASB clarifies definition of ‘material’

The objective is to make it easier for companies to make judgments.

January 1, 2019

FASB proposal addresses accounting for TV series

Alignment with capitalization rules for films is sought.

January 1, 2019

Line items

Personal exemption claims are deemed for health care provisions … Suspension of moving expense reimbursement exclusion is clarified

January 1, 2019

D. Scott Showalter, CPA, CGMA

Following your passion opens the door to a productive, enjoyable career, according to D. Scott Showalter, CPA, CGMA, director of the Master of Accounting Program at North Carolina State University.

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.