Accounting
Top stories summarized by our editors
10/22/2018

The interactive whiteboard that Google calls Jamboard helps remote attendees participate more fully in meetings.

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Google
10/22/2018

Members of the AICPA's governing Council have voted down a motion that would have suspended and opened additional study of expanded eligibility for the Accredited in Business Valuation credential.

10/22/2018

Michael served as controller.

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Reuters
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AbbVie
10/22/2018

Clients who have created advance directives such as durable powers of attorney may have questions about how these documents work, particularly if they were prepared in other states. Their questions may involve whether the powers of attorney are valid in their state of residence and whether they remain in effect years after they were created.

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Advisor Perspectives
10/22/2018

Older retirees are often worried about managing health care costs in retirement, but it is important to remember that these expenses often come in the form of relatively stable annual costs that can be planned for. Money for health expenses can come from several sources, including retirement savings, health savings accounts and Social Security. PFP/PFS Section members can use this in-depth tool to help their clients plan for the real costs of health care in retirement.

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Nerd's Eye View
10/22/2018

Company owners who want to use the qualified business income deduction created by the Tax Cuts and Jobs Act of 2017 should be wary of the limitations. Sid Kess, CPA, provides an overview of the deduction and discusses restrictions related to income and business type. Want more content on tax reform? Check out this toolkit, available to PFP/PFS Section members.

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The CPA Journal
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Sid Kess
10/22/2018

Polling your clients can be a good way to find out their needs. Strive to make the survey brief and easy to answer, and think about how you will distribute the poll.

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AICPA Insights
10/19/2018

Chinese economic growth declined to 6.5% in the third quarter from 6.7% in Q2, as an intensifying trade conflict with the US began to affect Chinese companies. The Q3 growth rate is the lowest China has experienced since the financial crisis.

10/19/2018

With Part D changes on the horizon, this is a good time for CPAs to review clients' Medicare coverage elections.

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CPA Insider
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Medicare
10/19/2018

The Internal Revenue Service has issued guidance explaining that although the law known as the Tax Cuts and Jobs Act has eliminated the personal exemption deduction, taxpayers still qualify for the Sec. 36B premium tax credit and have to pay the Sec. 5000A shared-responsibility payment.

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Internal Revenue Service