-
Mar 30, 2018
There are many decisions small-business owners must face. One of the most impactful is determining the type of entity the business will be. Check out this overview of some of the option.
Full story
-
Mar 28, 2018
William Hayes of the PICPA sits down with Cynthia R. Bergvall, CPA, director of Bee Bergvall & Co. in Warrington, Pa., to talk about how CPAs can better communicate with decision makers who may not have mastery over financial details.
Full story
-
Mar 26, 2018
During a two-week period from Feb. 19 to March 5 the PICPA conducted a poll asking members working in corporate finance if they planned to change how they invest in their business based on the cut in tax rates contained in the new tax reform law. Here are some of the results.
Full story
-
Mar 23, 2018
Deborah A. Schneider, CPA, director of accounting and assurance services at Morris J. Cohen & Co. PC, discusses some of the common errors found by auditors of employee benefit plans.
Full story
-
Mar 21, 2018
Have you recently sold any property or stock? If so, you may be responsible for capital gains taxes. Pennsylvania CPAs have fielded numerous questions on capital gains taxes from the public. Here are some of the tips they've shared.
Full story
-
Mar 19, 2018
Some PICPA members need to convince their employers each year to allow them to renew their membership, to cover the cost of it, or to provide them with time to get involved in volunteer activities. If you find yourself needing to convince a decision maker that PICPA membership is worth the time and financial investment, here are some helpful talking points.
Full story
-
Mar 16, 2018
Most Americans are required to have a basic level of health insurance under the Affordable Care Act (ACA). The ACA penalizes individuals who do not have minimum essential health coverage. The calculation of these penalties can create some confusion among taxpayers.
Full story
-
Mar 14, 2018
Taxpayers had been permitted to take a tax deduction for home equity interest on loans or line-of-credit balances up to $100,000. That has changed under the Tax Cuts and Jobs Act of 2017. For the next tax filing season, the deduction is gone. Or is it?
Full story
-
Mar 12, 2018
As a result of the Tax Cuts and Jobs Act, you may be enjoying some extra money in your take-home paycheck. But you may want to take a moment to consider the impact of these extra dollars come tax filing time next year.
Full story
-
Mar 9, 2018
Employers actively seek highly qualified accounting professionals to fill many critical corporate positions. Here are five tips to help you stand out and get hired.
Full story
-
Mar 8, 2018
Many lessons can be learned from the world of sport. Case in point: This past Philadelphia Eagles season has served as a great model for business practices and life. Here are 10 lessons learned from the 2017 Eagles.
Full story
-
Mar 7, 2018
In today's do-it-yourself world, there are several options for preparing your own taxes. But how well do you understand tax vocabulary? Do you know how those definitions might differ depending on circumstances? Do you know all the rules and, maybe just as important, the exceptions?
Full story
-
Mar 5, 2018
Saving for college can be daunting. As you map out your savings strategy, remember CPAs have the answers to many questions in this area.
Full story
-
Mar 2, 2018
Many still-vibrant CPAs begin to contemplate retirement in their mid-50s. So what should a CPA do who wants to remain active in the profession? Consider teaching.
Full story
-
Feb 28, 2018
There are a number of provisions in the new law that will lower many individuals’ tax liability for 2018. However, a number of deductions to which we have grown accustomed have gone away. This blog highlights the deductions that will be no longer available or are reduced for 2018 and future years.
Full story
-
Feb 26, 2018
Owning a home is one of the single greatest financial resources for many people. In fact, home ownership generates some of the most popular questions for users of PICPA’s Ask a CPA service.
Full story
-
Feb 23, 2018
The Tax Cuts and Jobs Act of 2017 has brought sweeping changes to the Tax Code. Several changes have been made to the itemized deductions portion of the code that affect the mortgage interest deduction, so some confusion is understandable.
Full story
-
Feb 21, 2018
Businesses may now have some additional Pennsylvania income tax withholding requirements of which you need to be aware. Act 43 of 2017 includes a tax withholding provision that previously did not exist, and it is creating some administrative issues.
Full story
-
Feb 16, 2018
The Treasury Inspector General for Tax Administration recently published data on the effect that an executive order on health care had on government receipts and noncompliance.
Full story
-
Feb 14, 2018
With the passage of the Tax Cuts and Jobs Act of 2017, a plethora of changes will affect nearly every single taxpayer in some way. CPAs are primed to ensure that they know the correct way to handle your taxes despite new and unexpected challenges.
Full story