New Products: Books for accountants in 2018

A selection of reading for the profession, from the purely practical to the inspirational.


Tax Fraud Blotter: Crime ribs

Gone Postal; five down in fraud; ‘saves me a lot of taxes’; and other highlights of recent tax cases.


Congress isn’t quite done with taxes yet

Even though Congress passed the biggest tax overhaul in more than 30 years only a few weeks ago, there’s likely to be more tax-related legislation coming out in the very near future.


New Jersey taxpayers who prepaid 2018 property taxes can’t deduct them on 2017 state returns

The New Jersey Society of CPAs is warning taxpayers in the Garden State that the New Jersey Division of Taxation isn’t letting them deduct the 2018 property taxes they prepaid last year on their 2017 state return after passage of the Tax Cuts and Jobs Act, though the move could still be helpful in terms of federal taxes.


IRS updates withholding tables for new tax law

The Internal Revenue Service released updated tax withholding tables for 2018 Thursday to reflect changes for the Tax Cuts and Jobs Act, amid warnings that the tables may not be accurate and will need further refinements.


IRS Advisory Council names new members

Among the incoming are four CPAs and an Enrolled Agent.


Artificial intelligence: Will your firm be a disrupter or will it be disrupted?

AI can be a problem for some CPA firms, particularly for those concentrated on attest services, which already have thin margins.


Why companies are still unprepared for the rev rec standard

Marisa Garcia, managing director of CohnReznick Advisory, explains why so many industries are still dragging their heels on adjusting to the new revenue rules.


Wal-Mart raises hourly wage to $11 in wake of tax overhaul

Wal-Mart Stores Inc. is boosting its starting hourly wage to $11 and delivering bonuses to employees, capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market.


Ceterus introduces Ceterus Tax

Ceterus has debuted Ceterus Tax, a managed tax service for small businesses.