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Why Project Accounting is the Next Revolution
(Accounting Web) - Project accounting can help firms move more quickly towards transforming their businesses and become more viable and profitable.
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IRS Increases Interest Rates for 2nd Quarter 2018
(CPA Practice Advisor) - Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.
8 States with the Highest Income Tax Rates
(Kiplinger) - Income taxes also run high in Washington, D.C. California has the highest income tax rate at 13.3%.
CPAs and Estate Planning
(CAL CPA) - Our previous article (California CPA, November 2017) pointed out the unique opportunities that exist for CPAs to actively participate—with the attorney and other advisers—in the estate planning process for selected client families.
Treasury To Close Carried Interest Loophole
(TaxProf Blog) - The formal move, previously announced by Treasury Secretary Steven Mnuchin, will be followed by regulations that will be retroactive to Jan. 1, the government said. ...
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