2023 - Page 6 of 8 - Journal of Accountancy

The magazines

March 30, 2023

How remote work affected early-career auditors

A new study delves into both the negative impacts and upsides of remote working on the learning and professional development of early-career auditors.

March 30, 2023

Funding health care when retiring before Medicare

Clients who dream of retiring early have various health insurance options for the gap years.

March 30, 2023

Beneficiary IRAs: A guide to the RMD maze

Advisers can aid inheritors of individual retirement accounts to make optimal choices for their required minimum distributions.

March 30, 2023

Emotional-distress settlement denied exclusion treatment

A university whistleblower’s damages did not address alleged physical injuries, the Tax Court concludes.

March 30, 2023

Bank deposits analysis upheld

The Tax Court rejects a taxpayer’s claim that the IRS’s reconstruction of his income included nontaxable proceeds from a real estate sale.

March 30, 2023

Mitigating employment practices liability risks

Learn about common employment practices liability insurance claims against CPA firms and how to help avoid them.

March 1, 2023

Kapil Mehta, CPA, CGMA

Kapil Mehta, CPA, CGMA, is CFO and COO at Allied Digital Services LLC in Torrance, Calif.

March 1, 2023

Lessons for every CPA firm from public audit

Keep a close eye on your internal controls and reduce the risk of regulatory action against your firm.

March 1, 2023

Tax benefits denied for lack of profit motive

The Tenth Circuit upholds the Tax Court’s denial of depreciation and tax credits for a taxpayer’s investment in a solar energy tax shelter.

March 1, 2023

The changing role of the CFO

Today’s finance chiefs must look to the future as much as to the past.

March 1, 2023

National taxpayer advocate: IRS in better shape now than a year ago … Unemployment compensation exclusion corrections led to 12 million refunds … Key tax and retirement provisions in the SECURE 2.0 Act … Business standard mileage rate increases for 2023 … IRS delays Form 1099-K $600 reporting threshold

March 1, 2023

Managing interest rate risk with FASB’s new hedging flexibility

Find out how to apply FASB’s updated
hedge accounting guidance, which more
closely aligns a company’s financial
reporting with the results of its risk
management strategy.

March 1, 2023

Improve audit sampling efficiency with Excel’s Solver tool

Artificial intelligence capability can significantly reduce the time and effort auditors devote to sampling estimation tasks.

March 1, 2023

Late special-use valuation permitted

A district court allows the election for qualified real property on an estate return filed more than five years late.

March 1, 2023

Quick Excel tips for accountants

This article offers a few quick Excel tips for varying levels of proficiency.

March 1, 2023

CFOs prepare to face a turbulent economy

Finance leaders share what they learned while navigating past crises and what CFOs can do to keep their organizations resilient.

March 1, 2023

Outlook flags and rules

This article discusses two simple tools available in Outlook desktop and Outlook online.

February 1, 2023

Convert dates using Arabic numerals to dates with Roman numerals

If you have several dates written with Arabic numerals, there are steps to convert them all to Roman numerals.

February 1, 2023

From numbers to narrative: How CPAs can tell stories with data

Become a better adviser to colleagues and clients by strengthening your data storytelling skills.

February 1, 2023

Line Items

Prop. regs. identify syndicated conservation easements as listed transactions … Final regs. issued on centralized partnership audit regime … Domestic filing exception requirements modified in draft Scheds. K-2, K-3 … Clean energy project prevailing wage rate and apprenticeship requirements issued

FROM THIS MONTH'S ISSUE

Cannabis dispensary denied ERC

The Court of Federal Claims held that Sec. 280E, which prohibits deductions and credits for businesses trafficking in controlled substances, applies to the employee retention credit (ERC), including its refundable portion, and denied a cannabis business’s claim for a refundable ERC.