2021 - Page 7 of 9 - Journal of Accountancy

The magazines

March 1, 2021

Guiding clients through change and uncertainty

Financial advisers can lead the way in an investment landscape upended by COVID-19.

March 1, 2021

Line items

IP PIN opt-in goes nationwide … ‘Tax insurance’ premiums are nondeductible … Employer van pools get COVID-19 relief

March 1, 2021

Theft loss of marital property disallowed

The taxpayer had a reasonable prospect for recovery in the tax year, the Tax Court holds.

March 1, 2021

Assessment is key to a successful D&I effort

Before launching a diversity and inclusion program, learn where your organization stands in terms of D&I. Tools such as the AICPA’s Accounting Inclusion Maturity Model can help you track your progress.

March 1, 2021

Staying vigilant against fraud during the pandemic

Internal controls need to be front and center, as the COVID-19 crisis has increased the incentive and opportunity for fraud.

March 1, 2021

President of not-for-profit organization denied passthrough losses

The Tax Court held that the taxpayer had no ownership interest that would generate passthrough losses.

March 1, 2021

Fighting fraud on a limited budget

Even in difficult economic times, it’s important to keep up the processes and controls that prevent fraud.

March 1, 2021

Data thieves strike at any weak point

Cyberattackers remain unrelenting in adapting tactics to exploit human and technological vulnerabilities.

March 1, 2021

Conservation easements were granted in perpetuity

Eleventh Circuit reverses the Tax Court on ‘Swiss cheese’ reserved rights.

March 1, 2021

Arming staff with the right tools to succeed

This month’s column looks at tactics and technology that leaders can employ to manage staff working remotely.

March 1, 2021

Tax provisions in the year-end coronavirus relief act

Pandemic relief, tax extenders, and much more were included in year-end legislation.

March 1, 2021

Managing the ‘excess compensation’ tax

Highly paid employees require some exempt organizations to pay an excise tax.

March 1, 2021

Dropping the curtain on entertainment deductions

After taxpayer confusion, final regulations bring clarity.

February 1, 2021

Expert advice on defending tax and other claims

Learn what CPA firms can do (and should not do) to assist those defending tax professionals against professional liability claims.

February 1, 2021

‘Willful’ FBAR penalties upheld

Despite a couple’s ignorance of the FBAR filing requirement, their disregard of it was reckless, the Fourth Circuit holds.

February 1, 2021

States’ rolling conformity to the Code and CARES Act

Examples from several states show that rolling conformity is not as clear-cut as it sounds.

February 1, 2021

Tax penalty relief amid the pandemic

Help clients establish COVID-19-related reasonable-cause defenses and abatement requests.

February 1, 2021

Zoom vs. Teams vs. Google Meet: Which is right for you?

Most of the time, you simply click the link given to you and never think twice. But for those of us who have to host meetings, which platform is best? Let’s take a look at each.

February 1, 2021

Discover more about your data with Ideas

Excel Ideas will analyze your dataset and give you recommendations, or ideas, for charts, PivotTables, and PivotCharts that work with your
dataset.

February 1, 2021

‘Individual mandate’ payment is not a priority bankruptcy debt

District court’s holding for tax debtors contributes to courts’ divergence in the wake of Sebelius.

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.