Business Tax A View from the Trenches: Handling the IRS, clients and the other frustrations of tax filing season AccountingToday.com | AAFCPAs Co-Managing Partner Dave McManus believes now is the time to educate clients regarding tax planning as a year-round exercise. "We’re not looking solely at the... March 1, 2016
Business Tax IRS Extends ACA Employer Reporting Requirements The IRS and the U.S. Department of the Treasury announced a limited extension of the early 2016 due dates for the 2015 information reporting requirements... January 4, 2016
Business Tax President Signs Tax Extenders into Law; R&D Tax Credit Made Permanent On December 18, President Obama signed into law the Protecting Americans From Tax Hikes Act of 2015 (“PATH”), which extends or makes permanent over 50... December 28, 2015
Arts & Cultural 2016 Standard Mileage Rates The IRS has issued the 2016 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or... December 28, 2015
Legislative & Regulatory Updates Congress to Vote on Tax Extender Bill Friday On Tuesday night, Congress reached an agreement on a year-end spending and tax deal that includes the much anticipated tax “extender” provisions. The tax bill... December 16, 2015
Legislative & Regulatory Updates Service Revenue Subject to Out-of-State Taxation The old rule that a company needs to be “physically present” in a state in order to be subject to tax may no longer apply. ... December 15, 2015
Legislative & Regulatory Updates Tax Planning Guide for Individuals and Businesses Year-End 2015 AAFCPAs is pleased to provide you with detailed tax planning guides that we know you will find helpful in navigating the numerous tax updates taking... December 15, 2015
Business Tax AAFCPAs Warns of Recent IRS-Impersonation Identity Theft Scam We have been alerted that a number of taxpayers are receiving emails from scammers who are disguising themselves as IRS agents. Generally, the IRS does... December 2, 2015
Business Tax Reduce Your Corporate or Partnership Income Tax for 2015 For every business, there is a lot at stake when it comes to tax. AAFCPAs wants you to take full advantage of all available tax... November 18, 2015