Should Volunteers Receive an IRS Form 1099-MISC?
Most people are aware that if a person or company (other than a corporation) performs services for a nonprofit organization and is not an employee of the nonprofit organization, an IRS Form 1099- [...]
New Tax Legislation Client Letter
Congress is enacting the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and [...]
Court Case Tests Passive Activity Grouping Powers of IRS
A recent case indicates that a taxpayer can be a passive investor in a facility and have a medical practice which is nonpassive, even though the facility is used by the taxpayer in his practice.
Angela Dorn has completed the AICPA’s Not-for-Profit Certificate
Congratulations to Angela Dorn, CPA, Partner. She has successfully completed the AICPA’s Not-for-Profit Certificate. This certificate requires a comprehensive, foundational understanding [...]
Leases–A Debriefing of the New Standard by Jim Pursley
Leases–A Debriefing of the New Standard as published by the Asset, May 2016.
Extension for Missouri Flood Victims
Extension for Missouri Flood Victims The Missouri Department of Revenue is extending the tax deadline to May 16, 2016, for taxpayers in 33 Missouri counties that were declared presidential [...]
Missouri Storm Victims; Tax Deadline Extended to May 16
IRS Provides Tax Relief to Missouri Storm Victims; Tax Deadline Extended to May 16 WASHINGTON –– Missouri storm victims will have until May 16, 2016 to file their returns and pay any taxes [...]
