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February 12, 2015
Tax Insider
  IN THIS ISSUE:   > Articles   > Sponsored Article   > News   > CPA News to Know   > Webcasts   > Video  
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Schedule H no longer stands for headache. Learn more.
Measuring the taxable income of a marijuana business
By Annette Nellen, Esq., CPA, CGMA
The Chief Counsel's Office sheds some light on tax accounting for marijuana businesses.
The kiddie tax: Inequitable consequences and the need for reform
By Gerri B. Chanel, CPA, MBA / The Tax Adviser
The kiddie tax has not achieved its purpose of preventing shifting income to children in lower tax brackets.
Understanding the Impact of Legalized Marijuana on the CPA Profession
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Sponsored Article
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News Alerts
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Taxpayers get penalty relief for incorrect premium tax credit advance payments
The IRS announced penalty relief for taxpayers who find they owe tax when they reconcile the advance payments of the premium tax credit they received with the amount they were entitled to when they file their 2014 tax returns.
2015's dirty dozen tax scams
The "dirty dozen" list of top tax scams for 2015 starts with phone scams and ends with frivolous tax arguments.
IRS issues revised 2014 and 2015 passenger automobile depreciation limits
New figures for depreciation deductions allowed for business use of passenger automobiles for 2014 were issued to reflect bonus depreciation.
Charter schools can participate in government retirement plans
Regulations would permit a state or local retirement system that qualifies as a governmental plan to cover employees of charter schools.
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Featured AICPA Products
  Repair Regs Update Part 1: Theory and Rules
Tuesday, Feb. 24—In this webcast, learn what the correct new rules are in the capitalization versus write-off debate, about MACRS disposition tax consequences, and when to consider annual elections.
  The Adviser's Guide to S Corporations: Tax Compliance and Planning Strategies
In this guide you'll find the strategies to help you minimize your small business clients' tax bills using the latest S Corp tax rules. This guide employs dozens of examples and practice tips to illustrate complex S Corp rules and concepts, including S Corp elections, revocations, and terminations.
  The 2015 Cumulative Tax Guide
This resource covers new tax laws and regulations, including new repair versus capitalization rules, the Affordable Care Act, and more. Indexed explanations and analysis allow you to zero in on the information you need most!
  Managing Your Tax Season
Reduce stress and make the most of your staff's time and skills with this hands-on guide to improving your tax season. Filled with checklists, sample letters, and worksheets to help keep your clients happy while effectively managing workflow during the busiest time of your year.
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AICPA Member Discount Program
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Take advantage of up to 35% savings on select HP toners now through 3/31/15. Plus, up to 40% off everyday office supplies. Click here for details.
Save on shipping this tax season. AICPA members save up to 29% on select FedEx® shipping services. Click here for details.
  Bank of America  
AICPA offers both personal and business Visa® credit cards with rewards programs. Click here for details.
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Sponsored Link
Schedule H no longer stands for headache.
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CPA News to Know
1 Top 10 tax resources for the 2015 filing season
1 Details of the president's State of the Union tax proposals
1 AICPA asks Congress to broaden IRS's Sec. 9100 late-election relief
1 IRS updates accounting method change procedures
1 Budget cuts may force IRS furlough days again
1 Senate should ratify outstanding treaties, AICPA says
1 Proposed rules would govern Sec. 41 credit for software
Upcoming AICPA Webcasts
  Feb. 12 Tax Issues Arising in Valuations
  Feb. 17 ACA Provisions to Know for 2014 Individual Returns
  Feb. 19 Tax Power Hour: Tax Season Time Management Tips
  Feb. 24 Payroll Taxes and 1099 Issues: Everything You Need to Know
  Feb. 24 Repair Regs Update Part 1: Theory and Rules
  Feb. 25 Repair Regs Update Part 2: How and When to File Form 3115
    View webcast calendar
Stepping up from controller to CFO
Finance professionals looking to make a move up must first identify their strengths and weaknesses, says Kathy Johnson, CPA, CGMA.

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