FBAR Deadline Moves Up 3 Months to April 15

FBAR Deadline Moves Up 3 Months to April 15

Article by SHANNON SMITH RETZKE AND AARON D. SCHUMACHER | Featured on AccountingToday.com It’s the beginning of the end of the filing date disconnect between foreign bank account reports and income tax returns. On July 31, President…
Southern Oregon Drought Warning

Kate Brown Declares Drought In 3 More Oregon Counties

Article by AP | Featured on OPG Gov. Kate Brown has declared drought emergencies in three more Oregon counties. With Tuesday’s declaration, 23 out of 36 counties are under drought emergencies. The new ones are Curry, Hood River and…
IMF

Modernizing the IMF

PRINCETON – The international system of economic governance is at a turning point. After 70 years, the Bretton Woods institutions – the International Monetary Fund and the World Bank –appear creaky, with their very legitimacy being questioned…

Non-Profit Financial Reporting Headed for a Change

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Article by Larry Smith & Ken Euwema | Featured on Journal of Accountancy  As a part of the response to the call for increased transparency and accountability among not-for-profit entities (NFPs), FASB has taken on a project to…
Do Millennials Save for Retirement?

Are Millennials saving enough for retirement?

Article by Bobbi Rebell | Featured on Reuters Another Millennial myth may be biting the dust. Apparently, Millennials have better retirement saving habits than Baby Boomers. Millennials save 8 percent of their paycheck for retirement,…
Citibank

Citibank will Pay $700 million for Illegal Credit Card Practices

Article by Vicki Needham | Featured on thehill.com | Image Credit: TungCheung / Shutterstock.com Citibank will pay $700 million to 8.8 million consumers for illegal credit card practices as part of a settlement with a federal government watchdog. The…
Tax treatment of employer-provided meals and lodging

How to Approach Taxing of Employer-provided Meals & Lodging

Great article about how to handle taxing food and lodging provided by your employer. Article by Alan D. Campbell, CPA, Ph.D., and Dena S. Mitchell, CPA on Journal of Accountancy Gross income generally includes the fair market value…
Tax, Estate Planning, Benefits Opportunities After Supreme Court's Same-Sex Marriage Decision

Tax, Estate Planning, Benefits Opportunities for Same-Sex Couples

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Article by Ashlea Ebelling | Featured on Forbes | Featured Image by Rena Schild / Shutterstock.com Today’s historic Supreme Court decision, Obergefell v. Hodges, affirmed a constitutional right to same-sex marriage in all 50 states, opening…
America and China in "Productivity Paradox"

America, China, and the Productivity Paradox

NEW HAVEN – In the late 1980s, there was intense debate about the so-called productivity paradox – when massive investments in information technology (IT) were not delivering measureable productivity improvements. That paradox is now back,…
Technology Replacing Workers

The End of Work as We Know It

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PARIS – In 1983, the American economist and Nobel laureate Wassily Leontief made what was then a startling prediction. Machines, he said, are likely to replace human labor much in the same way that the tractor replaced the horse. Today, with…