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William F. Murphy, CPA/PFS, ABV, CFF, CGMA 
The Tax Advisor- Corporate Transparency Act, source of BOI reporting mandate, held constitutional
- Even an expert says: Digital asset reporting creates headaches
- IRS clarifies health savings account changes in H.R. 1 in new notice
- PTEs need more notice of changes, more time to respond, AICPA says
- Government withdraws defense of retirement fiduciary rule
- The NTA Blog
- Santa, Please Remember Taxpayers This Holiday Season
- National Taxpayer Advocate Erin M. Collins Recognized as a Standout Leader in Accounting Today’s Top 100
- Use caution when paying or receiving payments from friends or family members using cash payment apps
- Filing a Petition with the United States Tax Court
- Giving Tuesday: Giving Back and Staying Tax Smart
Category Archives: Newsletter
Before we get too festive..all of us need to understand how the “Qualified Business Income (QBI) Deduction (Sec. 199A)” will effect our clients..
The American Institute of CPA’s tax section recently published a “Q&A” on Qualified Business Income (QBI) Deduction (Sec. 199A)…. All tax professionals need to spend some time understanding its implementation and use. So lets get started…. Qualified Business Income (QBI) … Continue reading
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Careful Planning of Year-end transactions is Essential to maximizing tax savings !!!
Although plenty of people have made money on the stock market this year, there are many others who have recognized losses on securities, or may be thinking of bailing out of other holdings that show paper losses. It is critical … Continue reading
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Money received by client due to attorney malpractice wasn’t gross income!!
In a private letter ruling, IRS has held that where a taxpayer lost a nonbusiness wrongful death lawsuit, then sued his insurance company and law firm for malpractice with respect to their handling of the wrongful death case, the amount … Continue reading
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