Monthly Archives: April 2018

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IRS gives taxpayers relief from erroneous HSA contributions

The IRS announced it will allow taxpayers to treat $6,900 as the 2018 limit for deductible contributions to HSAs for individuals with family coverage.
Source: Tax News
Read More here – IRS gives taxpayers relief from erroneous HSA contributions


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IRS gives taxpayers relief from erroneous HSA contributions

The IRS announced it will allow taxpayers to treat $6,900 as the 2018 limit for deductible contributions to HSAs for individuals with family coverage.
Source: JOA News
Read More here – IRS gives taxpayers relief from erroneous HSA contributions


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FASB proposes targeted changes to collaborative arrangements standard

FASB wants to clarify the interaction between GAAP for collaborative arrangements and the board’s new revenue recognition standard.
Source: JOA News
Read More here – FASB proposes targeted changes to collaborative arrangements standard


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Americans’ financial satisfaction at all-time high

Despite recent stock market volatility, the AICPA’s Personal Financial Satisfaction Index (PFSi) reached a record high in the first quarter of 2018.
Source: JOA News
Read More here – Americans’ financial satisfaction at all-time high


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Quiz: Test your knowledge of not-for-profit accounting

New Financial Accounting Standards Board rules that took effect this year have ushered in a number of changes to not-for-profit accounting. This quiz tests your knowledge in this specialized area.
Source: JOA News
Read More here – Quiz: Test your knowledge of not-for-profit accounting


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How to maintain independence in audits of insured depository institutions

Auditors of insured depository institutions need to educate themselves and their staffs about independence rules that apply to these engagements.
Source: JOA News
Read More here – How to maintain independence in audits of insured depository institutions


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Automation in finance: Get your team ready

Thanks to numerous technological advances, many routine accounting and finance tasks are likely to be automated in the near future.
Source: JOA News
Read More here – Automation in finance: Get your team ready


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News quiz: Some tax regulations get extra review

The changing of a 35-year-old practice involving Treasury regulations was among the news reported on the JofA online recently. Other reports dealt with identity theft and data breaches, innovation and risk management, and changing accounting standards. See how much you know about the news with this short quiz.
Source: JOA News
Read More here – News quiz: Some tax regulations get extra review


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The ideal time to review your finances

Having too large a tax refund, or having to pay too much in taxes, can be a sign that your financial plan needs revising.
Source: JOA News
Read More here – The ideal time to review your finances


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Supreme Court hears oral arguments in sales tax nexus case

The Supreme Court heard oral arguments in a case with broad remote sales tax collection ramifications.
Source: Tax News
Read More here – Supreme Court hears oral arguments in sales tax nexus case