Thursday, March 27, 2008

Help Your Missouri Clients & Businesses Affected by Flooding

The AICPA has prepared two documents to help individuals and businesses affected by the recent storms and flooding here in Missouri.

Financial Planning: A Guide To Disaster Preparedness

Disaster Recovery: A Guide To Financial Issues

In addition, special tax law provisions may help taxpayers and businesses recover financially from the impact of a disaster, especially when the president declares their location to be a major disaster area. Depending on the circumstances, the IRS may grant additional time to file returns and pay taxes.

Click here for more IRS information regarding disaster assistance:,,id=156138,00.html

Local announcements for Missouri can be found:,,id=99344,00.html

Wednesday, March 19, 2008

Economic Stimulus Payment Schedules and On-line Calculator

On Monday, March 17, 2008, the IRS released IR 2008-44 identifying the schedule in which Economic Stimulus payments will be distributed for returns filed by April 15, 2008. In addition, the IRS announced the availability of and on-line calculator to help taxpayers determine whether they are eligible to receive an economic stimulus payment as well as the amount.,,id=180247,00.html

Wednesday, March 12, 2008

New Hiring Resource For Missouri CPAs!

MSCPA promises not to make this blog a continuous vehicle for promotion of its own programs; HOWEVER, the new MSCPA Career Center has taken off and is proving to be a huge resource for Missouri CPAs!

Firms and companies have clearly revealed that recruiting talent is the number one priority! MSCPA is thrilled to become the clearinghouse for Missouri CPA jobs and candidates through its MSCPA Career Center.

The site launched just over a week ago...and 16 jobs have already been posted.

Check it out, bookmark it, and come back often:

Thursday, March 6, 2008

2008 Economic Stimulus Act: Incentives For New Construction

Great news for taxpayers who are embarking on a new construction project or are adding leasehold improvements in 2008 - the Economic Stimulus Act of 2008 was officially signed into law on February 13, 2008, and with it, 50% bonus depreciation is back for a limited time.

For more information go to: