California CPA October 2009


Bankruptcy Basics
Knowing the basics of bankruptcy can help you guide your clients—whether they are facing bankruptcy or suffering the ripple effects of others’ filings—through harsh realities.
By Maryellen K. Sebold, CPA

XBRL: It’s Here to Stay
Your guide to XBRL, the SEC rules and how your company might benefit.
By Cchristopher J. Bourdon, CPA and Eric E. Cohen, CPA

Evolving Tax Credits
There’s been a flurry of case law, IRS regs and legislative action surrounding research and development tax credits. Here’s how you can keep up with it all.
By Randy Crabtree, Esq.

Taxing Times on Properties
Our expert provides details on the tax consequences of foreclosures and short sales on rental properties.
By David M. Fogel, CPA

Fed Tax: Entity Elections
New guidance extends relief for late elections.
By Stuart R. Josephs, CPA

Capitol Beat: Legislative Success
Inactive disclosure, mandatory peer review, taxpayer privilege and equivalency bills signed by governor.
By Bruce C. Allen & Jeannie Tindel

Final Entry: Stay Active
With legislation requiring inactive license disclosure poised to become effective Jan. 1, 2010, industry CPAs share why they keep their CPA licenses active.