Blog Archives

Insero and JC Jones Announce Strategic Alliance

Posted on February 23, 2016 by Insero & Co. — Leave a comment

Insero & Co. CPAs, LLP (Insero) and JC Jones & Associates, LLC (JC Jones) have announced the formation of a strategic alliance designed to enhance each firms’ service offerings. “This alliance is the result of years of working together on…

The Financial Responsibilities of Elected Officials: What You Need to Know

Posted on February 5, 2016 by Insero & Co. — Leave a comment

Join Leslie Spurgin of Insero & Co. CPAs and Charles Benincasa, Director of Finance, City of Rochester for The Financial Responsibilities of Elected Officials: What You Need to Know presented by the New York State Government Finance Officers’ Association, Inc. Click…

Tagged with: Accountant, Accounting, Audit, Business, Certified Public Accountant, CPA, CPE, Credit, Elected Officials, Fairport, finance, financial, GFOA, New York State, NYS, Rochester, Spurgin, training
Posted in Events

Insero & Co. and CDLM Merge

Posted on January 4, 2016 by Insero & Co. — Leave a comment

Insero & Co. CPAs (Insero) and Ciaschi, Dietershagen, Little, Mickelson & Company, LLP (CDLM) have merged as of January 1, 2016. The combined firm will operate under the Insero & Co. name, and employ more than 125 across five locations…

Federal Tax Weekly: December 10, 2015

Posted on December 10, 2015 by Insero & Co. — Leave a comment

This issue’s topics include: Obama Signs Highway Bill With Tax Offsets; Negotiations Continue On Omnibus And Extenders Chief Counsel Reaffirms Prior Guidance On Computer Costs: Some Costs Must Be Capitalized; Others Deductible IRS Clarifies Proposed Regs’ Substantiation Option For Charitable…

Tagged with: 2016, Audit, bonds, Business, capitalized, charitable contributions, computer costs, court, damages, deductible, Employer, Highway Bill, IRS, legal expenses, Obama, regulations, shareholder, Tax, taxpayer
Posted in Tax

Federal Tax Weekly: December 3, 2015

Posted on December 3, 2015 by Insero & Co. — Leave a comment

This issue’s topics include: IRS Increases Tangible Property Expensing Threshold For Taxpayers Without AFS Wolters Kluwer Computes 2016 Luxury Vehicle Limits, Fringe Benefit Caps Chief Counsel Reviews When Employers May Exclude From Income Cost Of Health Insurance Coverage IRS Launches…

Tagged with: 2016, AFS, Audit, Business, court, deduct, Employer, fee, fraudulent, Health insurance, IRS, luxury, regulations, Tax, taxpayer, vehicle, W-2, Wolters Kluwer
Posted in Tax

Federal Tax Weekly: November 19, 2015

Posted on November 19, 2015 by Insero & Co. — Leave a comment

This issue’s topics include: Agencies Finalize Regs for ACA’s Market Reforms IRS Launches 2016 PTIN Renewal Season IRS Makes Progress in Curbing Business Tax Identity Theft Generic Drug Manufacturer Required to Capitalize Legal Fees Incurred to Obtain FDA Approval IRS…

Tagged with: 2016, ACA, advantage, AICPA, Audit, Business, capitalize, court, cyber crime, cyber security, drug, FDA, fee, FSA, identity theft, Insurance, IRS, legal fees, Obamacare, PTIN, regs, regulations, Tax, taxpayer
Posted in Tax

Federal Tax Weekly: November 12, 2015

Posted on November 12, 2015 by Insero & Co. — Leave a comment

This issue’s topics include: MyRA Starter Roth IRA Now Available Nationwide IRS Releases Revised Form 1042 And Instructions Audits of Individual Tax Returns Drop Again IRS Extends Safe Harbors for Distressed Homeowners Highway Bill Goes to Conference; Extenders Could Move…

Tagged with: Audit, audits, broadcast, court, doctor, donation, Federal, Form 1042, Individual, Insurance, IRS, mobile office, myRA, properties, Roth IRA, S Corp, safe harbors, Tax, tax returns, US
Posted in Tax

Federal Tax Weekly: November 5, 2015

Posted on November 5, 2015 by Insero & Co. — Leave a comment

This issue’s topics include: Obama Signs Budget Agreement Repealing TERFA Audit Rules IRS Reduces PTIN User Fee IRS Issues Guidance on Private Activity Bond Restrictions Real Estate Developer Cannot Use Home Construction Contract Method to Defer Income Consts of Internet…

Tagged with: AICPA, Audit, bond, construction, court, domain name, donor, Federal, fee, Gift, Insurance, internet, IRS, methodology, Obama, PTIN, real estate, Stock, Tax, tax-exempt, TERFA, US
Posted in Tax

Client Update: Fall 2015

Posted on October 15, 2015 by Kimberly Gangi — Leave a comment

This issue’s topics include: Fourth quarter tax planning – It’s how you finish that counts Going back to school? Your costs may be deductible Supreme Court rules on ACA Give your kids the power of a Roth IRA Talk finances…

Tagged with: ACA, Accountant, Affordable Care Act, Audit, budget, Business, cash flow, claims, CPA, deductible, Education, expenses, finances, IRA, IRS, kids, parents, Planning, risks, Roth, school, Small Business, smallbiz, Supreme Court, Tax, Year End
Posted in Business Updates

2015 Audit & Accounting Update

Posted on October 8, 2015 by Insero & Co. — Leave a comment

Join us for the final installment of Insero & Co.’s 2015 Accounting & Finance Education Series, designed for business owners, management, and accounting professionals. Whether you represent a large corporation, a small business, or a not-for-profit organization, it can be…