Western CPE Blogs

Written by industry professionals on the latest trends and changes in the accounting landscape. Our CPE courses offer comprehensive instruction taught by the same instructors that author our blog posts.

eTax Alerts

Tax Implications of Remote Work - Be Aware
July 16, 2019
Fred Barbara sold his trucking business for tens of millions of dollars. Mr. Barbara used the proceeds from the sale to start a money-lending business. The office of the lending business was in Chicago and was staffed by two full-time employees: an accountant and a secretary. During the years 2009 through 2012, Mr. Barbara split his time between Chicago and Florida, living in Florida 60% of the year.
Missing Entry on Appraisal Summary Nixes Charitable Deduction
July 10, 2019
RERI I, LLC paid $2.95 million in Mar. 2002 to acquire a remainder interest in a data center leased to AT&T and located in Hawthorne, California. On Aug. 27, 2003, RERI assigned the remainder interest to the University of Michigan. On its 2003 Form 1065, RERI claimed a charitable deduction of $33,019,000.
Electric Vehicle Credit Starts to Phase Out for Tesla and General Motors (IR-2019-57)
June 13, 2019
Section 30D provides a credit for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and light trucks. The credit begins to phase out for a manufacturer’s vehicles when at least 200,000 qualifying vehicles have been sold for use in the United States.
Taxpayer Will Remember 2019 Memorial Day - from Behind Bars
June 04, 2019
Taxpayer Will Remember this Memorial Day — from Behind Bars (US Attorney’s Office, Northern District of Ohio (May 6, 2019))Richard Spencer owns RS Sewing, a company that makes American flags and sells
Sixteen Points of Interest from the Final §199A Regulations
May 20, 2019
The final §199A regulations are 247 pages. There are many points of interest in these newly released regulations. Here is a brief summary of a few that were clarified or changed between the August proposed regulations and the final January regulations:

Accounting Tips

2019 CONFERENCES
May 10, 2019
Earn 40 credits in a week while visiting one of our spectacular 25 destinations. Featuring the best instructors and curriculum in the industry. Learn in the morning and play in the afternoon!
Marketing for CPAs, Accountants, and Tax Professionals
November 21, 2018
Are you looking for solutions for marketing and growing your tax and accounting firm? Did you know 30% of mobile searches are related to a location? If someone searches for “cpa firms near me” on Google, and you are not there in the top results, you just lost a potential customer.
Instructor Spotlight: Jeff Sailor, CPA
February 22, 2018
Jeff’s unrelenting energy is palpable as he talks about professional development—as a speaker, a business professional, and an individual.
Cryptocurrency Generation and Taxation
January 31, 2018
New cryptocurrency investors and CPAs alike have questions about how digital currency tokens are created, traded, and taxed. Below, we’ll give an overview of how miners acquire derivatives of a cryptocurrency token, as well as a brief synopsis of what the IRS has said so far regarding the taxation of gains on the trading of digital currencies.
Blockchains, Cryptocurrencies, and Bitcoin
January 24, 2018
With the exponential rise in the value of Bitcoin over the last year, interest in cryptocurrencies is higher than ever. Investors, CPAs, and the IRS are all trying to figure out what it means and where we’re headed. The truth is, no one is entirely sure. But, what is certain is that cryptocurrencies aren’t going anywhere and will prove to be a disruptive technology in coming years.