August 19, 2025
Online payments designed for CPA firms.Easily accept credit, debit, and ACH payments. Finally, there's a professional online payment solution made just for CPAs, giving you an affordable way to accept credit, debit, and ACH payments in your office or...
December 1, 2024
October 1, 2024
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October 1, 2024
May 1, 2019
Under the Tax Cuts and Jobs Act (TCJA), parents can no longer claim dependency exemptions for qualifying children, effective for 2018 through 2025. But you may be able to offset this loss with certain tax credits.
May 1, 2019
Starting on April 19, the Self-Correction Program permits the self-correction of certain plan document failures, provides correction options and possible relief from deemed distributions associated with certain failures involving plan loans made to ...
May 1, 2019
Auditing expense reports requires auditors to closely examine each expense to verify if the correct receipts are attached, and make sure the receipt matches the information input by the employee. This may sound daunting, but this process is essential for catching potential mistakes – or worse, fraud within travel and entertainment (T&E) spend. Catch discrepancies...…
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May 1, 2019
Snipes still owed $23.5 million in back taxes when he was set free. In order to resolve his tax debt, the actor made an OIC of $850,000, or about 4% of the amount he owed.
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May 1, 2019
The addition of TAXPE’s services, specifically in the area of tax process design and through the team’s extensive Fortune 500 company ASC 740 experience, will enhance BDO’s focus on driving solutions to meet the dynamic needs of corporate tax departments.
May 1, 2019
The LITC Program is a federal grant program administered by the Office of the Taxpayer Advocate at the IRS, led by the National Taxpayer Advocate, Nina E. Olson. Under Internal Revenue Code (IRC) Section 7526, the IRS ...
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April 30, 2019
The audit risk model is the foundation of any audit. This might seem like CPA 101, but are you correctly applying it to your engagements?
April 29, 2019
Mother’s Day spending is expected to total a record $25 billion this year, up from $23.1 billion in 2018, according to the annual survey released today by the National Retail Federation. A total 84 percent of U.S. adults are expected to celeb
April 29, 2019
There will always be a debate surrounding the commercial value and legitimacy of tradable cryptocurrencies like bitcoin. While the rise in its popularity was critical to the development of blockchain technology, the two are not the same.
April 29, 2019
The AICPA and CPA Practice Advisor magazine are looking for outstanding women professionals who continue to make their mark on the accounting profession as well as those who are emerging as the next generation of firm leaders, whether through new ...
April 29, 2019
Business travelers are increasingly using ride share scooters. Bird was the leader in this category in Q1 2019, collecting 46% of all receipts/expenses compared to 42% for Lime. Razor was third with 8% of scooter transactions, and Scoot ...
April 29, 2019
The Illinois CPA Society recently hosted more than 170 accounting students from colleges and universities across the state at its Jumpstart to Accounting program. The annual event provides students exclusive access to ...