IRS proposes new rules for deducting meals and entertainment

The Internal Revenue Service has released a set of proposed regulations for businesses to follow when deducting meals and entertainment, in response to the 2017 tax overhaul.

IRS proposes new rules for deducting meals and entertainment


Mnuchin says Congress key hurdle to Europe’s digital tax demands

European finance chiefs arrived at a meeting of their global peers in Riyadh demanding the urgent creation of a new global tax system for the 21st century that would capture the profits of tech multinationals. U.S. Treasury Secretary Steven Mnuchin responded: it’s not that simple.

Mnuchin says Congress key hurdle to Europe’s digital tax demands


Soak-the-rich tax plans take hold in the entire Democratic field

Senators Bernie Sanders and Elizabeth Warren would bring one of the most progressive tax agendas in history to the White House if either of them were to become president. So would every other Democrat vying for the presidency.

Soak-the-rich tax plans take hold in the entire Democratic field


Illinois CPA Society announces Inspiring Leader Award recipient

Kari Natale, the society’s senior director of planning and governance, was recognized for building a culture of motivation and mentorship.

Illinois CPA Society announces Inspiring Leader Award recipient


Intuit nears deal to buy Credit Karma for $7B: WSJ

Intuit Inc. is close to buying Credit Karma Inc. for about $7 billion in cash and stock deal, The Wall Street Journal reported, citing people familiar with the matter it didn’t identify.

Intuit nears deal to buy Credit Karma for B: WSJ


Overcoming task overload

Stop worrying about managing time, says Joe Woodard: The successful advisor is focused on being effective, not efficient.

Overcoming task overload


IRS rules for reporting of unrelated business income for nonprofits close to being released

The Internal Revenue Service is getting set to unveil its proposed regulations for the reporting of unrelated business income for tax-exempt organizations.

IRS rules for reporting of unrelated business income for nonprofits close to being released


Tech news: Thomson Reuters and Crowe team up to tame K-1s

Centage launches a customer hub, XCM launches a blog, and other recent announcements in accounting technology.

Tech news: Thomson Reuters and Crowe team up to tame K-1s


Better Every Day: We become what we think about

The beauty of being intentional about everything in your life.

Better Every Day: We become what we think about


Why do CPAs suck at CRM?

It’s a cultural issue, largely, but it doesn’t have to stay that way.

Why do CPAs suck at CRM?