The accounting industry is always evolving amid complex rules and regulations. These articles feature timely updates on a variety of accounting topics.

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A Grain of SALT in New IRS Notice

Taxpayers who itemize deductions on Schedule A of their tax return have been able to deduct outlays for state and local income tax...

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Compensating Non-Profit Board Members

Contrary to popular belief, it is usually perfectly legal to compensate non-profit board members, and sometimes it might even be necessary. But is...