Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
February 25, 2021
New Unemployment Claims Decline More than Forecast
Applications for U.S. state unemployment benefits fell by more than forecast last week to the lowest since November, signaling that job cuts are starting to ebb as COVID-19 infections decline and vaccinations accelerate.
February 25, 2021
IRS Still Working on Last Year’s Tax Returns, May Extend 2021 Tax Deadline
Amid recent requests by the AICPA and National Association of Tax Professionals that the IRS extend the 2021 income tax filing season, millions of Americans are still challenged by a backlog at the IRS of income tax returns from last year.
February 24, 2021
The Key to Effective Change Management: Don’t Forget the Human Element
Change management can be an ambitious undertaking, but it’s important to remember the biggest piece of any change management plan: your people.
February 24, 2021
National Association of Tax Professionals Asks IRS to Extend 2021 Tax Season
NATP recently surveyed tax pros to find out what their preference for the 2021 Tax Day would be. More than 70% of respondents indicated their support of a filing date later than the current April 15.
February 24, 2021
AICPA Says IRS Needs to Give Penalty Relief to Taxpayers Affected by Pandemic
Though the IRS has emphasized that taxpayers and tax professionals should assume that the deadline will remain, it has also been reported that the IRS will not commit to keeping an April 15 filing deadline if Congress approves another round of economic...
February 24, 2021
Americans Expect to Need $1.9 Million in Retirement
Forty-one percent of those responding to the survey have made changes to their 401(k) as a direct result of COVID-19 and its economic impact. The top action steps taken by these individuals were a combination of defensive and potentially ...
February 24, 2021
AICPA Comments on Adjustments Attributable to Conversions from S Corps to C Corps Under TCJA
The American Institute of CPAs (AICPA) submitted comments to the Internal Revenue Service (IRS) to address the need for guidance concerning adjustments attributable to conversions from S corporations to C corporations under section 481(d) of the TCJA...
February 24, 2021
Americans Pay More Than $525,000 In Tax Over A Lifetime
The US government collects over $5.3 trillion in taxes each year, but how much will the average American pay in taxes throughout their lifetime? We used the Bureau of Labor Statistics’ expenditure numbers to see what we as Americans were spending each day to work out what taxes we would be paying until we’re no...…
February 24, 2021
Tipalti Grows Revenue by More Than 85%, Increases Annualized Transactions to More Than $18 Billion
Tipalti, a global payables automation platform, announced it grew its revenue by over 85% in Q4 2020 relative to Q4 2019. Tipalti continued its rapid growth surpassing $18 billion in annualized transactions in the second half of 2020, up from...
February 24, 2021
MS Consultants Expands with New Phoenix Office
The new location marks MS Consultants, LLC’s eighth office nationwide, complimenting their New England, Virginia, New York, Florida and Utah offices. The expansion aligns with the company’s strategic plans of doubling in size over the next five years.
February 24, 2021
Abdo, Eick & Meyers, LLP Launches Strategic Data Analytics Service
The firm recently hired Dan Alstrup, a highly accomplished top information technology executive, to design and lead the Strategic Data Analytics service. Alstrup has nearly 40 years of experience helping organizations worldwide leverage data and ...
February 23, 2021
2021 Property Taxes by State
Depending on where you live, property taxes can be a small inconvenience or a major burden. The average American household spends $2,471 on property taxes for their homes each year, according to the U.S. Census Bureau, and residents of the 27 states ...