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Accounting Today: IRS Update: Challenging Times To Be Sure

Now that we have reached the middle of the filing season and sequestration is a reality, let’s take stock of where it is all going at the Internal Revenue Service. My sense is that the service is getting by so far, but that it will be hard pressed to maintain taxpayer service and enforcement levels in the months ahead.

Construction Business Owner: Don’t Leave Money on the Table

For anyone who has relocated to a new office building or high-rise apartment, one of the most frustrating experiences is lugging furniture up flights of stairs only to discover a hidden freight elevator the moment after setting down the last box. For architecture, construction, design and engineering firms, the 179D tax deduction is just like that elevator, an easily accessible means of improving business by utilizing work already underway.