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There is still time to register to join your fellow attorney-CPAs for a free luncheon on Tuesday, Jan. 23, during the Heckerling Institute on Estate Planning! This luncheon is open to members and affiliates of the AAA-CPA and nonmembers...

source: AAA-CPA

The IRS plans to ask tax professionals additional questions before providing them with assistance as part of its efforts to improve security. In an email to tax professionals, the IRS said it is continuing to review its procedures to better...

source: Accounting Today

Individuals may see increases in their paychecks as soon as February under updated 2018 withholding tables released by the IRS Jan. 11. The new 2018 withholding tables reflect the increased standard deduction, repealed personal exemptions and adjusted tax rates included...

source: Bloomberg BNA

For most practioners, the estate tax hasn't come into play for many years. Instead of eliminating the estate tax, the estate tax exemption has been raised to $11 million for an individual and $22 million for a married couple that elects portability.

source: CPA Practice Advisor

The Tax Cuts and Jobs Act will shrink the number of households claiming an itemized deduction for their gifts to nonprofits from about 37 million to about 16 million in 2018, according to new Tax Policy Center estimates. At the...

source: Forbes

A spurt of one-time bonuses announced by a number of companies — stemming from the passage of the Republican tax plan — has left employees wondering how much cash they'll actually see. The short answer: Don't be so quick to count the ways to spend that money.

source: CNBC

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