TAXATION

The Pitfalls of Expense Deductibility for Medical Cannabis
 

The Pitfalls of Expense Deductibility for Medical Cannabis

Posted: June 26, 2017
Pennsylvania recently joined the growing list of states where medical cannabis has been legalized. Pennsylvania is planning on issuing several different licenses, two of which are cannabis growers/processers and cannabis dispensaries. At the Federal level, find out what the challenges are.

New Phishing Email Targets Tax Pros
 

New Phishing Email Targets Tax Pros

Posted: June 23, 2017
Beware of a phishing email purporting to be from a tax software education provider that seeks extensive amounts of sensitive tax preparer data.




IRS Adds New Features to Taxpayers
 

IRS Adds New Features to Taxpayers' Online Account

Posted: June 13, 2017
The IRS has announced the addition of several new features to the online account tool first introduced late last year as part of the IRS’s commitment to improve and expand taxpayer services.

IRS Interest Rates Remain the Same
 

IRS Interest Rates Remain the Same

Posted: June 9, 2017
The IRS has announced that interest rates will remain the same for the calendar quarter beginning July 1, 2017.

Federal Court Strikes Down PTIN Fees, Upholds PTINs
 

Federal Court Strikes Down PTIN Fees, Upholds PTINs

Posted: June 6, 2017
A federal district court held that the IRS has the authority to require tax return preparers to obtain preparer tax identification numbers (PTINs) but that it cannot charge a user fee for issuing PTINs.

From Tax Accountant to Profit Expert in 8 Steps
 

From Tax Accountant to Profit Expert in 8 Steps

Posted: June 2, 2017
Clients are focused on sales, delivering products and services, and growth, but many of them don’t understand how to consistently stay profitable. That’s where their accountant comes in.