CPA Now Blog Archive

Was life easier for women two or three generations back, when the choices they faced were much more limited? Maybe, but would you trade away the spectrum of choices women have today?

Successful small-business owners count on their CPAs to help guide them with good tax strategy and savvy business planning. Here are some issues to talk with your CPA about so you can get the best advice.

Women professionals are inundated by demands on their time. Through it all, try to focus on achieving more of a demands “integration” than a “balance.” Here are seven tips for the rising woman professional.

March is Women’s History Month, and to commemorate it the PICPA asked some of our female members to share their personal stories. But let’s kick off our month-long celebration with a timeline on the history on women in the accounting profession.

There is a major difference between simply administering the accounting department and being a key member of the management team as a strategic business partner. There are endless opportunities for financial professionals in 2016 to play major roles in transforming visions and strategies into successful and actionable programs at every level of an organization.

Owning a home may not be for everyone, but the U.S. tax structure certainly provides many incentives to help achieve this goal. From credits to deductions, there are many savings, and questions, when it comes to homeownership.

One of the hardest things for business owners is making sure they’ve filed all of the various forms required by the IRS, states, and local governments. With the Affordable Care Act, the necessity to do so is backed up by potential tax penalties and fines.

If your customer or client base is diverse, then your employees should be diverse as well. The varied perspectives and experiences of your employees only work to improve the customer or client experience.

For those ready to begin the CPA Exam process, there are some important considerations when deciding where to apply to take the exam.

Investors need to factor in the tax consequences of both making certain investments and timing the sale or purchase of stocks. Here are some things to consider during tax season, and all year long.

In making the decision to gift real estate, two factors will shape the ultimate tax effect of the transfer: who will be the donee, and is any consideration being given to the donor? Both of these need to be considered early in the decision making process.

In front of the Pennsylvania General Assembly, Gov. Tom Wolf announced his budget proposal for fiscal year 2016-2017. In strong, and sometimes scolding, terms, Wolf called on lawmakers to both fix Pennsylvania’s structural budget deficit and invest more in schools. It did not sit well with the opposition.

Section 1045 of the tax code allows a taxpayer who has held an investment in qualified small business stock for at least six months to defer the capital gains tax if they roll over the proceeds from the sale of this stock.

Before we get too far into the depths of filing season, here are some tips and helpful information for taxpayers and practitioners alike that might make it a little more bearable.

What do you do when your client comes to you with a Form 1099-MISC and tells you he was not an independent contractor, but was actually an employee? Or as happened to me last year, the client comes to you with no documentation at all?

The arrival of W-2s, 1099s, 1098s, and other income notices are the harbingers that tax season is upon us. Whether you go to a preparer or prepare yourself, here are some tips to help you get this task complete so you can move on to more exciting things.

It’s that time of year again. We are all perusing our checkbooks looking for tax deductions. When it comes to deductible charitable contributions, it’s not always just the check records you need. Here is a refresher on what are deductible charitable contributions and outright gifts to an organization.

If you think studying for the CPA Exam is hard, try doing it in sub-Saharan Africa. Karen Purkey, a recent CPA Exam scholarship winner, is doing just that. Upon graduation from Moravian College, Karen decided to begin her career in the Democratic Republic of Congo.

Just as last tax season was peaking toward the final filing deadline, the United States Office of Personnel Management noticed it had been hacked. A few months later it revealed that one of the single largest data breaches in U.S. history had occurred, potentially affecting more than 21.5 million individuals.

Diversity continues to be top of mind for business and accounting leaders across the country. So, how have we done? What progress has been made across our industry? Unfortunately the answer remains, not much. Certainly not enough.