| Contact Us | ##mail## |
 |
| July 21, 2010 |
| Editor's Note |
  Inevitably, U.S. companies are going to be required to make the jump to International Financial Reporting Standards (IFRS). Ultimately, companies will need to address tax provisions, compliance, and uncertain tax positions. Our article on tax planning for IFRS adoption provides some insights as to what the experts think will happen in this arena.Meanwhile, Yankees owner George Steinbrenner's death called attention to the fact that Congress has been so busy signing unread legislation that it hasn't had time to address the fact that there's no federal estate tax in place at the moment and money it could be counting is instead slipping through its fingers. No worries, says Congress – it can just pass a new estate tax bill and make it retroactive to January 1, in effect, imposing a tax on the dead. Best wishes, Gail Perry, CPA Managing Editor editor@accountingweb.com |
| Learn How to Profit from Payroll – Without Actually Processing It |  |
| Register for our free panel-discussion webcast and be entered to win a $500 Apple gift card. Using the myPay Solutions business model, real accountants will show you how they’ve grown their practices, enhanced their images as full-service firms, increased their client loyalty, and improved their revenue per client. Register today or call 800.968.8900 to learn more. | |
| Tax planning for IFRS adoption might be slowing |
| The sense of urgency once felt in tax departments to prepare for the potential implications of IFRS might have been replaced in recent months by uncertainty, as regulatory bodies issued statements seeming to indicate a slowing in the pace of movement toward adoption of IFRS. |
| First-time homebuyer credit is complicated |
| I have now filed about 800 homebuyer credit tax returns (1040 and 1040X). That's probably more than any one office in the nation. With that volume of processing, we have seen every possible iteration of error that the IRS makes. |
| Try Drake Software's Free Fully Functional Evaluation Software Now and SAVE $300 When You Buy Before July 31, 2010 |
 Drake Software offers an award-winning package including tax software, practice management, conversion, client write-up, business development, research, and more! There's no cost to explore what you might be missing in your current software.
Free Evaluation Software - Free fully functional program in this download
or call 800-890-9500 and mention AccountingWEB.
See Drake Software in action! Watch our Drake Software Webinar now. |
| Block and Liberty: A marriage in the tax prep industry? |
| John Hewitt, founder of Liberty Tax Services, is reaching out to H&R Block to see if there might be a commercial marriage in their future. |
| Former Tennessee inmate indicted for filing false tax returns while in jail |
| A Tennessee grand jury has indicted Walter Allen Johnson, aka "Beau" Johnson, of Sevierville, TN, for filing false claims against the United States as well as conspiring to defraud the United States. |
| Protect Clients’ Sensitive Files from Unwanted Third-Party Interception |
 ProSystem fx® Portal provides you with a secure electronic storage space that maximizes the security of sensitive information while increasing efficiency and reducing overhead costs.
Act today and speak with an Account Representative to take advantage of special summer promotions on ProSystem fx Portal.Learn more or call 800-PFX-9998 (800-739-9998), option 1 then option 1. |
| Justice Department shows no compassion for church's alleged tax shenanigans |
| The U.S. Department of Justice has asked a federal court to permanently bar Kevin Hartshorn from promoting an allegedly false church-based tax fraud scheme. |
| Death of New York Yankees owner sends lawmakers scrambling |
| Members of Congress had years to close the loophole that would eliminate the estate tax completely in 2010. But they didn’t. Now that high-profile billionaire George Steinbrenner has died, some of them are scrambling to find a way to tax his wealth. |
| Kaplan Weekly Quiz |
 Are you prepared for the CPA exam? Test your knowledge and keep your skills sharp by taking the weekly CPA Exam Quiz, brought to you by Kaplan Schweser CPA Review and AccountingWEB Education & Careers Zone. New questions will be posted for each section weekly. Take this week's quiz. |
|
||||
| To change your e-mail address, your password information, modify subscriptions, and update your personal profile information, please log in to AccountingWEB.com to manage your account. Unsubscribe from IN THE ZONE: Tax Zone Copyright © 2010, AccountingWEB, Inc. All rights reserved. AccountingWEB.com, P.O. Box 2252, Westerville, OH 43086-2252 The AccountingWEB Portfolio includes: AccountingWEB.com | USBusinessForums.com | AccountingWEB.co.uk | AccountingWEB.nl |
|
 |
  |