Tax & Accounting Blog

NAFTA Renegotiation

NAFTA Renegotiation

Blog, Global Trade, ONESOURCE February 24, 2017

One of the key points during the 2016 U.S. Presidential campaign was free trade and in particular NAFTA.  The two major candidates both seemed to be in agreement on one major point and that was that NAFTA needed to be revised.  The election is over and the new president is in his first 100 days … Read More

There Is No Secret Recipe For Cooking Up The Ultimate Subject Line

There Is No Secret Recipe For Cooking Up The Ultimate Subject Line

Guess what? There is no secret recipe for cooking up the ultimate subject line. Bummer, I know. In my last post, I talked about subject line best practices, such as “telling” what’s in the email rather than “selling” your message. I showed some subject line examples from MailChimp’s study of over 200 million emails, and … Read More

New Phishing Scheme Reiterates the Need for Stronger Data Security Within Accounting Firms

New Phishing Scheme Reiterates the Need for Stronger Data Security Within Accounting Firms

Accounting Firms, Blog February 21, 2017

The IRS recently warned accountants and tax preparers about a new, two-phased phishing scam involving cybercriminals posing as potential clients. This new scam is especially deceiving as many of tax professionals are so inundated with client requests during tax season that they may let their guard down. Here’s how it works. The first phishing email … Read More

Rethinking Combined Reporting, the Worst Idea of the Year, and Unicorns in Kentucky

Rethinking Combined Reporting, the Worst Idea of the Year, and Unicorns in Kentucky

For many years I believed that to make the corporate income tax work, states had to adopt combined reporting. I believed that separate accounting regimes left too many planning opportunities. Yes, I also thought that the corporate tax should be repealed. But, I thought if the corporate tax were to survive combined reporting was a … Read More