Tags » I.R.S.

Nonprofits measured in trillions of dollars

Over the last 20 years, the amount of information available to the public about nonprofits, charities and private foundations has grown immensely. Before Congress opened this sector to extra sunlight, many larger nonprofits considered their finances secret or, at least, kept them under lock and key. 222 more words

Why Americans Are Increasingly Distrustful of Our Government . . .

When President Obama entered the presidency, many Americans believed there would be fundamental changes in how business was done in Washington and had a renewed hope for inclusive and transparent government.  697 more words

Congressional Oversight

‘Jersey Shore’ Star Pleads Not Guilty to Tax Fraud

C’mon, admit it: you’ve watched at least a few minutes of MTV’s “Jersey Shore.” Okay, fine, not all of us have let our curiosity get the best of us, but for those who have, one of the main characters of the series is currently making headlines for a tax fraud case. 231 more words

Administrative & Regulatory

The fact of Ebola now uncontained internationally requires action. What action?

Dick Eastman M.S., M.A.


Action for what purpose? A debate.

Does Ebola deserve the attention it’s been getting lately? Is it as dangerous as some so-called “alarmists” (e.g., Mike Adams, Donald Trump, etc.) are suggesting? 3,296 more words


How Do I? Compute depreciation conventions at year-end?

Under the modified accelerated cost recovery system (MACRS) (which is more commonly known as depreciation), a half-year timing (i.e., averaging) convention generally applies to the depreciation deduction for most assets during anytime within the year in which they are purchased. 397 more words


New challenges for 2014 year-end tax planning

Before the fast-approaching new year, it’s important to take some time and reflect on year-end tax planning. The weeks pass quickly and the arrival of January 1, 2015 will close the doors to some tax planning strategies and opportunities. 714 more words