2021 - Page 5 of 9 - Journal of Accountancy

The magazines

July 1, 2021

Planning for education expenses amid change

A Q&A addresses student loans, saving for college, and making plans in a changing environment.

July 1, 2021

Certified professional employer organizations: The first four years

Learn about the important role some CPAs play in the success of the IRS’s certified professional employer organizations program.

July 1, 2021

Use Clipboard history to easily paste multiple items

You can access and paste the last 25 items that you copied from Excel and other Microsoft Office applications.

July 1, 2021

Find value in letting clients go

CPAs explain their approach to evaluating and parting ways with some clients.

July 1, 2021

Safe harbor for deducting PPP loan expenses

Congress clarified that business expenses resulting in loan forgiveness are deductible, but some taxpayers had followed earlier, contrary IRS guidance.

July 1, 2021

An evaluation framework for responding to requests

Even seemingly benign requests made of CPAs can raise professional liability risk. Follow this evaluation framework to help understand and manage risk related to requests.

July 1, 2021

Finding the best talent using remote interviews

Social distancing and other pandemic precautions don’t have to slow down your search for talent. One organization offers tips for conducting effective remote job interviews.

July 1, 2021

Take control of your home Wi-Fi with Gryphon

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

June 1, 2021

Minority interest discounts apply to charitable bequests

The Tax Court partially upholds gift and estate tax deficiencies involving real estate LLC interests held by a family trust and includible in a decedent’s estate.

June 1, 2021

Ask the expert: Practice management

Joining Canopy in 2019, Davis Bell has held critical leadership roles in strategy, operations, and finance. He specializes in creating and managing new products and businesses from scratch to scale.

June 1, 2021

A leader laser-focused on filling the pipeline

Bill Pirolli, CPA/CFF/PFS, CGMA, is emphasizing the importance of recruiting skilled people to the profession as he embarks on his year as chair of the AICPA board.

June 1, 2021

Line items

PPE is deductible as a medical expense … IRS advises on repayments of deferred employer Social Security taxes … Final regs. cover misdirected refunds

June 1, 2021

Zaniewski joins AICPA as vice president–State Regulatory & Legislative Affairs

Marta Zaniewski joined the AICPA as vice president—State Regulatory & Legislative Affairs.

June 1, 2021

Compulsive gambler’s losses are substantiated using Cohan rule

The Tax Court estimates the taxpayer’s losses exceeded his reported winnings.

June 1, 2021

Avoiding fallout from aggressive tax strategies

CPAs must understand the
significant risk that emanates from “too good to be true” tax strategies even if they “just make introductions,” provide tax consulting services, or prepare returns that reflect these strategies.

June 1, 2021

Jonyce Bullock, CPA

Career advancement is more achievable for a person who has a plan and shares it with leadership, according to Jonyce Bullock, CPA.

June 1, 2021

Cattle farm with no cattle denied farming losses

The Tax Court holds that the activity was a hobby of the taxpayer despite his farming experience.

June 1, 2021

A practical guide to economic nexus

New sales tax nexus standards are creating a larger compliance footprint for U.S. companies and, potentially, foreign entities selling into the U.S. State and local taxing authorities have new tools for identifying and enforcing companies’ exposures for sales and use tax.

June 1, 2021

Time to opt in for an IP PIN?

Now that most taxpayers may obtain an identity protection personal identification number, should they?

June 1, 2021

NOCLAR proposals aim to help CPAs find the right balance

Proposals by the AICPA Professional Ethics Executive Committee and the AICPA Auditing Standards Board are designed to guide CPAs when they identify or suspect a client’s or employer’s noncompliance with laws or regulations.