Masonry News

A Few Ways to Pay Less in Taxes and Save Money

If you’re like most Americans, you may be in search of new, creative ways to ease your annual tax burden. Fortunately, there are several things you can do to cut your taxes or increase the amount of your tax refund without incurring the wrath of the IRS. Tax credits and allowable deductions come and go as the IRS alters its rules and regulations...

Keep Track of Your Transaction History with Audit Log

The audit log feature allows you (and any other viewer with access rights) to see history of changes made to individual transactions or a range of multiple transactions. Tracked changes also include: changes to the chart of accounts...

Best Practices on How Auditors Can Evolve

Amid increasing focus on how internal auditors can evolve in their positions, a newly published survey of stakeholders offers guidance on best practices. Not surprisingly, a focus on strategic planning and risk management within...

Estates Must File New Tax Form

Effective immediately, executors of certain estates are required to report the estate tax value of property distributed to beneficiaries on new IRS Form 8971. In addition, a Schedule A to Form 8971 must be delivered to each beneficiary. For some estates, the filing deadline of March 31, 2016, has recently been extended to June 30, 2016. Failure to file...

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