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Simultaneously Earn Continuing Education Credits With AAA-CPA

Continuing Education

One of the greatest advantages to joining a professional association for attorneys and accountants is the ability to earn your yearly continuing education requirements by attending organization events. This is particularly important for dually-licensed professionals, as the obligation for maintaining two professional licenses is far more cumbersome. As the only organization dedicated to serving dually-licensed […]

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Federal Tax Update – January 2017

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INDIVIDUALS Proposed Regulations under Code Section 172 clarify the definition of “support” for the dependency allowance, indicating that paid health insurance premiums but not life insurance premiums are treated as support; the Proposed Regulations also provide that, where the highest adjusted gross income of two parents must be determined due to equal custody, all income […]

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Tax Attorney vs. CPA: Why Not Hire A Two-In-One?

Why Not Hire

Whether you are seeking a professional to assist with tax issues on personal or business-related concerns, it can be difficult to determine exactly which expert best fits your needs; there are so many financial advising specializations with innumerable designations that it eventually seems to become a confusing jumble of letters on a business card. However, […]

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Facebook Etiquette For Small Practices

Etiiquette

While it may seem trivial to many, there is little room to dispute that it has become a necessity for every business to create, maintain and grow a presence on social media in the digital era. In no other way are you able to reach and connect with potential clients not just in your local […]

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Federal Tax Update – December 2016

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INDIVIDUALS P.L. 114-292, the Combat-Injured Veterans Tax Fairness Act, extended the statute of limitations on recovery of improper withholding on disability benefits from combat injuries not subject to taxation where the Department of Defense improperly withheld taxes; the statute of limitations on refunds will not expire until one year after affected individuals are provided notice […]

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5 Reasons To Join The American Academy of Attorney-CPAs

Join AAA-CPA

Attorneys and CPAs have plenty of options when it comes to selecting the professional associations they want to join, but only the American Academy of Attorney-CPAs tailors our services to fit the needs of dually-qualified professionals. With an organizational structure and programs designed to offer exclusive benefits for individuals who went above and beyond to […]

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A Dually-Licensed Attorney: The Business Owner’s Best Friend

Business Owner

Small business owners and entrepreneurs quickly learn there is a lot more to starting a business than simply having a great idea. Navigating the bureaucratic red tape involved with getting a company off the ground — and in the greater scheme making it successful — requires determination and effort. However, even the most motivated of […]

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Federal Tax Update – November 2016

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  INDIVIDUALS In Bobo v. Commissioner, TC Summary Opinion 2016-74, the Tax Court found that $20,500 cash paid to a couple for vacating their home in lieu of foreclosure was not taxable as it was part of the “purchase price” and the house was disposed at a loss. In Pham v. Commissioner, TC Summary Opinion […]

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Member Spotlight: Ronald I. Heller

Member Spotlight

Ronald I. Heller practices with the Torkildson Katz law firm in Honolulu, Hawaii. He concentrates in the areas of tax litigation, business/commercial litigation, taxation and business law. He received both JD and MBA degrees from the University of Michigan. Mr. Heller is a Fellow of the American College of Tax Counsel, and a past Chair […]

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The Power Of The Dual View: Why CPAs Should Consider A Law Degree

Law Degree

The requirements for obtaining a CPA license are demanding, with a recommended 150 credit hours of higher education, several years of field experience, and passing the rigorous CPA exam. Yet despite a CPA license rewarding dedicated accountants with a variety of job prospects in both the public and private sector, many are pursuing additional qualifications […]

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