2023 - Page 7 of 8 - Journal of Accountancy

The magazines

February 1, 2023

How the FTC Safeguards Rule may affect your CPA firm

Federal Trade Commission guidelines intended to help protect financial institution customer information may apply to CPAs.

February 1, 2023

Blast from the past: Tax planning with the repair regs.

Elections made as long as nine years ago may need updating.

February 1, 2023

Private equity eyes accounting firms large and small

Private-equity investors are increasingly buying into accounting firms. The deals, which carry risks and benefits for the profession, change the way the firms operate.

February 1, 2023

How to talk about long-term care with clients

Clients may be reluctant to discuss long-term care, but it’s better if they have a plan in place before they’re caught off-guard by a health care crisis.

February 1, 2023

Accounting firm’s distributed clients are intangible assets

But related income allocations did not have substantial economic effect because the partnership did not properly maintain capital accounts, the Tax Court held.

February 1, 2023

Debt arrangement did not give rise to an interest in partnership equity

The Tax Court respects a property developer’s interest deductions despite the lender’s entitlement to a share of net profits.

February 1, 2023

Tanner Johnson, CPA, CGMA

Tanner Johnson, CPA, CGMA, is vice president of global finance operations at Nike, working out of its Beaverton, Ore., office.

February 1, 2023

Update AutoRecover setting in Microsoft Excel

By default, AutoRecover is set to save every 10 minutes, but you can set it to save more often.

January 1, 2023

Opening doors to expand tax and accounting careers

At Intuit, Joe Lillie leads an organization of 10k+ seasonal and full-time tax and accounting professionals who interact live with consumers through virtual engagements, helping them to maximize their tax deductions and outcomes while using our TurboTax product.

January 1, 2023

Calculating double-declining balance depreciation for tax purposes in Excel

Variable-declining balance uses the double-declining factor but also initiates the automatic switch to straight-line depreciation once that is greater than double-declining.

January 1, 2023

Line Items

Growing tax gap shows need for better service, compliance, IRS says … IRS initiates pilot program to thwart line-jumping on PPS calls … Plan approval program expands to Sec. 403(b) retirement plans … Practitioner Perspectives series to continue within IRS Appeals

January 1, 2023

Initial direct cost and deferred rent under FASB ASC 842

Topic 842 requires that initial direct costs be added to the right-of-use asset and included in its subsequent amortization.

January 1, 2023

The research credit: Payroll tax offset

Qualified small businesses without a federal income tax liability can offset their payroll tax and see near-term tax savings.

January 1, 2023

Taxpayer’s charitable deduction for artwork donation denied

An art dealer and collector lacked reasonable cause for failing to properly document a sculpture’s value, the Tax Court holds.

January 1, 2023

The rise of the cash balance pension plan

Become familiar with this hybrid type of pension plan and its advantages for the right businesses.

January 1, 2023

CPAs rev up for a new tax season

While 2022 returns are relatively unaffected by recent
tax law changes, a few new issues will require preparers’ attention.

January 1, 2023

Filing season quick guide — tax year 2022

Download and print our annual quick guide, a tax season reference, highlighting dollar thresholds, tax tables, standard amounts, credits, and deductions.

January 1, 2023

Tayiika M. Dennis, CPA

Tayiika M. Dennis, CPA, is a principal at CLA (CliftonLarsonAllen LLP), working out of its Century City, Los Angeles, location, and chair of the California Society of Certified Public Accountants.

January 1, 2023

Aliases and shared mailboxes

Having second email addresses and shared emails can be useful tools to manage the flow of emails.

January 1, 2023

Build your skills for a career in ESG

In the emerging ESG field, almost everyone is still adapting and learning. Several professionals explain how they made the transition into this key, fast-growing practice area.

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.