Blog Archive

Thursday, March 27, 2014

Accounting, Audit, SEC and Internal Controls Developments

ARM’s Weekly Summary highlights the key developments of the week. 

Click to access a PDF of ARM's Weekly Summary

Get a Larger Look at the Financial Reporting Landscape
Accounting Research Manager (ARM) What’s New Checklist is a comprehensive list of significant content added to Accounting Research Manager in the most recent 15 months. This includes new pronouncements (final or proposed) issued by third-party standard-setters (e.g., FASB, IASB, PCAOB, SEC, etc.), and new interpretive content written by Accounting Research Manager authors. Download your PDF in the attachments tab.

Spring Break Destination Taxes via IntelliConnect's Chatterbox

SOURCE: CCH's IntelliConnect

Wednesday, March 26, 2014

How to Get a Free Eye Exam for Your Service Animal

Throughout the month of May, service animals, which include guide, handicapped assistance, detection, military, search and rescue, and registered therapy animals, are being honored for their work with free eye exams from the American College of Veterinary Ophthalmologists (ACVO). This is the 7th Annual AVCO National Service Animal Eye Exam Event. More than 250 board-certified veterinary ophthalmologists throughout the U.S., Canada, and Puerto Rico will donate their time and resources to provide free eye exam screenings to thousands of eligible service animals. Registration for service animal owners and handlers runs from April 1–30. 

My service team.

'Husker' frames

SOURCE: Michele C. Hollow at

State Tax Guidance

Get state tax law updates and state tax news weekly. This is the only weekly newsletter that will keep you up-to-date on state tax news and state tax law developments for all 50 states.

CCH STATE TAX REVIEW HEADLINES, Vol 75, Issue 13, March 26, 2014
Get the latest highlights like below and more from all states:
  • Ohio Governor Proposes Cutting Personal Income Tax and More
  • Tax Appeals Commission Created, Income and Procedural Provisions Enacted in Alabama
  • Rebate Regulation Prohibiting Estates’ Claims Unconstitutional in Pennsylvania
  • Mississippi—Property Tax: U.S. Supreme Court Asked to Review Fire District Fee

Plus, view our TAX TIPS - Litigation Involving Hotel Occupancy Taxes & Online Travel Companies.

Tuesday, March 25, 2014

Anticipating a lot of Offers in Compromise this Year?

It has been reported that there is a tax gap of $385 billion between taxes owed and taxes not collected; and $450 billion between taxes owed and taxes not voluntarily reported. The latter figure excludes taxes collected after IRS enforcement activity.

The IRS Data Book reports that for the Fiscal Year 2012, the IRS accepted 24,000 Offers in Compromise (OIC) out of the 64,000 submitted. So, 38% were accepted, but 62% were not.

You may be busier than you thought. And generating more business. Take a look how you can.

Sunday, March 23, 2014

When you Have to Be Right. Tax Tips from CCH Experts

Litigation Involving Hotel Occupancy Taxes & Online Travel Companies.
Are Online Travel Companies (OTCs) unfairly underpaying hotel occupancy taxes to local governments? Absent federal legislation, the answer is not clear.

Get a review of the outcome to date of disputes between local governments and other plaintiffs and OTCs with CCH State Tax Analyst Bernita Ferdinand, JD
View & Download your free issue of CCH's State Tax Review.

NCAA Gambling: Tax Impact Facts on Sports Betting and Gaming 
Mark Luscombe, JD, LLM, CPA on Tax Impact Facts on Sports Betting and Gaming