Call Toll Free 1.800.843.1120 | E-Mail info@cpabr.com

by Benjamin R. Bostic As trading Bitcoins and other cryptocurrency explode in popularity, investors are playing with fire by failing to report their transactions as required by law. According to the IRS, fewer than 900 people reported gains and losses from virtual currency transactions for tax years 2013-2015 despite reports of widespread trading. The vast […]

Read More

by Theresa A. Kane On March 18, Elaine Herzberg was struck and killed by a self-driving Uber vehicle, which had a driver onboard. A week later, Walter Huang died after his Tesla, operating on autopilot, crashed into a concrete barrier. Who was at fault: the manufacturers of the vehicles or the drivers? Tesla says it […]

Read More

The massive changes the Tax Cuts and Jobs Act (TCJA) made to income taxes have garnered the most attention. But the new law also made major changes to gift and estate taxes. While the TCJA didn’t repeal these taxes, it did significantly reduce the number of taxpayers who’ll be subject to them, at least for […]

Read More

by Sherry Ziesenheim, CPA That guy in accounting may look like a harmless numbers-cruncher, and that woman in purchasing may be a total charmer, but they are not as amiable and innocent as they seem. Sixty-seven percent of organizations suffered actual or attempted payments fraud in 2013, and checks represented a full 82 percent of […]

Read More

by Edward R. Jenkins The electronic age has cracked open a world of investment possibilities. Offshore accounts are viable options for today’s savvy investors. Add the skyrocketing popularity of cryptocurrencies, and more Americans are generating assets all around the globe. However, foreign assets – whether virtual or old-school — have U.S. reporting requirements. Now is […]

Read More

By David J. Manbeck No matter the mission of a charitable organization, those running it share a common trait: They became involved in the nonprofit world out of a desire to do good. But some organizations focus so much on the mission that they neglect the “taking-care-of-business” side of running a nonprofit.  If they’re not […]

Read More

By Scott A. Koman Internal fraud and theft can plague businesses of all types and sizes.  Sadly, even your own brother or sister can betray your trust. That’s what happened when a longtime Central Pennsylvania farmer passed on the farm’s day-to-day operation to his two sons, and one sibling started keeping profits rightfully earmarked for […]

Read More

By Kimbarley A. Williams and Crystal A. Skotedis From retirement plan loan repayments to paid family and medical leave, and from moving expenses to parking, the 2017 Tax Cuts and Jobs Act (TCJA) features a host of changes to retirement plans and employee benefit programs that companies need to consider. In some cases, employers may […]

Read More

Next Page »