December 2017

Featured Articles

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December 18, 2017 

The Basics of Franchise Accounting

As a franchise owner, you can run your own business without the risk of starting a brand new company. Like any business, you take on the many responsibilities of day-to-day operations, including some basic accounting tasks.

Amanda Cameron

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December 18, 2017 

Apps We Love – Podcast Managers and Podcasts

Many of us will be taking some time away from the office during the holidays, but that doesn’t mean we won’t want to stay connected with what’s happening in the world. We surveyed members of the CPA Practice Advisor community to find out how they ...

Gail Perry

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December 18, 2017 

The 2017 Most Powerful Women in Accounting

This month we announced the winners of the 25 Most Powerful Women in Accounting awards. This annual celebration recognizes women throughout the profession who are making a measurable difference in the success of the accounting profession itself as ...

Gail Perry

 ALTER Your Path: 5 Steps to Becoming a Consultant

December 15, 2017 

ALTER Your Path: 5 Steps to Becoming a Consultant

As we try to keep up in today’s fast-paced, disruptive world, we need to remember we are extremely valuable. We have a fundamental understanding of how business works. Yes, it ties back to debit and credits, but today we don’t need to worry so much ...

Michael Wherry

 8 Mistakes to Avoid When Hiring Seasonal Employees

December 14, 2017 

8 Mistakes to Avoid When Hiring Seasonal Employees

With winter approaching, employers in certain industries may need to hire temporary employees to help handle seasonal increases in demand. Even though seasonal employees are by definition short-term hires, cutting corners during the onboarding ...

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December 12, 2017 

How Accounting Firms Can Leverage the Gig Economy

While freelancing is a part-time or side-gig for many people, a growing number of people make it a full-time living. Twenty-nine percent of survey respondents said their freelance business is their only source of income, up from 17% in 2014.

Jim Boomer

 5 Year-End Payroll and Tax Issues

December 6, 2017 

5 Year-End Payroll and Tax Issues

As Americans wrap up the holiday season, small business owners also need to keep a focus on several payroll and tax-related issues they will face by year-end.

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November 21, 2017 

Will New Use Tax Laws Kill Tax Free Shopping?

Recently, Scott Peterson, Vice President of U.S. Tax Policy and Government Relations for Avalara, conducted a Facebook Live Chat to discuss use tax laws and shipping. This is a topic CPAs and accountants should know more about - not only to educate ...

Scott Peterson

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November 21, 2017 

New Sales Tax Reporting Requirements for Remote Sellers

As state and local tax authorities continue to pursue lost sales tax revenue from out-of-state business e-commerce, a new enforcement approach has emerged. Referred to as “reporting laws,” these statutes require out-of-state sellers with no sales tax ...

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November 20, 2017 

Valuation of a Cannabis Business

The Internal Revenue Code is so vast, and the laws surrounding cannabis are so complicated, that you have to stay up to date on the pulse of the community. My license is a Federal License and I have about 75 cannabis clients all over the country.

Craig Smalley