2023 - Page 5 of 8 - Journal of Accountancy

The magazines

June 1, 2023

‘Seizing the moment’ starts with giving back to the profession

The phrase “to live a life that matters” inspires incoming
AICPA Chair Okorie Ramsey every day.

June 1, 2023

How students view the accounting profession

A survey finds that students form perceptions of the accounting profession early — even before they enter college.

May 1, 2023

Get started with robotic process automation: Build your first bot

Follow this step-by-step guide to create a bot to automate simple business tasks.

May 1, 2023

Line items

Taxpayer services should get more of that $80 billion, advocate says … ERC claims on returns prepared by others raise questions for tax pros … Digital scanning of tax documents to expand, will add Form 1040 soon … IRS clarifies required minimum distribution reporting … Lookback period extended for refunds related to pandemic postponements

May 1, 2023

Organize notes digitally

OneNote allows you to create digital notebooks to document and organize ideas, things to do, office procedures, and project notes.

May 1, 2023

Mortgage interest deduction denied

Employer-provided housing was not on the business’s premises, the Tax Court finds.

May 1, 2023

Apply the same formatting to an entire Excel workbook

Applying the same formatting to each sheet
in an Excel workbook is ideal when each of your
sheets is set up the same, but it can be helpful in
other circumstances as well.

May 1, 2023

AutoFormat tables in Excel

An AutoFormat option in Excel will format your
table and allow you to choose from several options.

May 1, 2023

Tax Court denies medical exception for early pension distribution

The taxpayer’s diabetes did not prevent him from engaging in substantial gainful activity, the court holds.

May 1, 2023

Digital documentation: Avoiding a business deduction disallowance

Common taxpayer lapses of substantiation can be remedied with a little awareness and versatile digital recordkeeping apps.

May 1, 2023

Bad billing practices can affect malpractice risk

Billing and collection practices may not be perceived as a professional liability risk issue, but proactively managing this risk is important to more than just a firm’s financial health. Learn why.

May 1, 2023

Avoiding intercompany mistakes

James Tilk is Director of Solutions Strategy for BlackLine. He has eight-plus years of SaaS experience, helping customers across multiple industries solve their most pressing problems with cloud-based accounting and financial close solutions. Prior to that, he spent 10-plus years leading various finance and accounting functions and is an active certified public and management accountant.

May 1, 2023

Contractor’s housing accommodation is taxable

Employer-provided housing was not on the business’s premises, the Tax Court finds.

May 1, 2023

The promise and peril of ChatGPT

Early adopters are finding uses for ChatGPT in accounting, but the chatbot raises concerns about security and accuracy.

May 1, 2023

Increase capacity with automation

Firms should consider costs and risks to prioritize
automating repetitive tasks, panelists in our
technology roundtable suggest.

May 1, 2023

Fill blank cells in Excel

Learn how to fill blank cells in Excel.

March 30, 2023

An educational lesson on UBIT

On remand, a district court again finds Mayo Clinic is entitled to an $11.5 million refund of unrelated business income tax, based on its status as an educational institution.

March 30, 2023

Line items

Final regs. expand company e-filing requirements … AICPA recommends 12 digital asset FAQs for IRS to post online … Taxpayers can now submit information online in response to 9 IRS notices … AICPA makes 61 proposals to Congress for changes to the Internal Revenue Code … Taxpayers can exclude certain 2022 state payments from federal returns

March 30, 2023

Make the documentation process more efficient with Scribe

Scribe is a combination of screen recorder and documentation writer and can help build a step-by-step guide with actions and zoomed screenshots of what you typed or clicked on.

March 30, 2023

Name, image, liability

Student-athletes may face unexpected tax
liabilities from compensation for their name,
image, or likeness now allowable under
NCAA rules.

FROM THIS MONTH'S ISSUE

Flip out with the latest Tech Q&A

The September Technology Q&A column shows how to create dynamic to-do lists with Excel's checkboxes and also how to set up multifactor authentication texts that don't rely on phones. Flip through both items and view a video walkthrough in our digital format.