News

Large RIAs share marketing advice for the little guys

Less-affluent clients can be great clients for an advisory firm if handled correctly.

The Tax Cuts and Jobs Act made several changes that may lead to client questions during the current filing season. This article offers guidance on topics such as alimony and tax refunds from experts including Julie Welch, CPA/PFS, and Tyler Mickey, CPA/PFS.

The Internal Revenue Service has issued a draft version of Form 8995, Qualified Business Income Deduction Simplified Computation, for 2019, on which taxpayers that take a QBI deduction report computation of the deduction.

Members of Generation X often feel pressure to support older relatives as well as their own children. Advisers can help in several ways, including developing estate plans and ensuring that any financial assistance clients give family members fits into their broader financial plans.

This week's topic: Form 1065 instructions add a requirement for certain partnerships to disclose negative tax basis

Tiffany Couch, CPA-WA, CEO and founder of Acuity Forensics, shares some lessons she's learned along the way to becoming a forensic accountant.

Learn how to understand and correctly write references to Generally Accepted Accounting Principles in business transaction documents.

The Internal Revenue Service has issued a safe-harbor procedure that taxpayers may follow for determining the deduction for depreciating passenger vehicles when they are eligible for 100% bonus depreciation but are also subject to Sec. 280F limits on deductions for luxury automobiles.

The partial government shutdown took a toll on operations at the Internal Revenue Service, which was already dealing with a backlog, according to a report from the Taxpayer Advocate Service.