Latest Articles

February 17, 2020 

We are in the business of building relationships. No matter how advanced technology becomes, at the heart of the accounting profession, we are people of our people—our clients. That means face-to-face meetings with clients are still ...

Darren Root, CPA, CITP, CGMA

February 17, 2020 

What to know when you might get your 2020 income tax refund? This easy to use chart shows estimated tax refund dates. File early and you will get your refund earlier. IRS refund schedule.

February 17, 2020 

Expense Management has always been important, but in recent years, the surge in company travel has found more businesses scrambling to find a way to continue sending their employees where they need to be, but doing so in more cost-effective manner.

Mary Girsch-Bock

Accounting February 15, 2020 

This column will go through some of the gear I carry with me when working out of the office. As someone who spends over 100 days a year traveling, I don’t have the option of waiting until I get back to the office to deal with most things.

Brian Tankersley

February 14, 2020 

AICPA News is a roundup of recent announcements from the American Institute of Certified Public Accountants.

Isaac M. O'Bannon

February 14, 2020 

Generally, if you make a withdrawal from a traditional IRA before age 59½, you owe a 10% penalty tax in addition to your regular income tax liability. But the tax code contains a long laundry list of exceptions to this rule.

February 14, 2020 

With a surge of tax returns expected the two weeks following the Feb. 17 Presidents Day holiday, the Internal Revenue Service offers taxpayers several tips and various time-saving resources to get them the help they need quickly and easily.

February 14, 2020 

The IRS issues nine out of 10 refunds in less than 21 days, and the fastest way to get a refund is to file electronically and choose direct deposit. The time around Presidents Day is a peak period for telephone calls to the IRS, resulting in longer ...

Technology February 13, 2020 

While most of our firms have transitioned away from paper-based records, many of us still struggle to digitize the business processes in our firms. As I write this, we are in the late stages of conducting the 6th Annual CPA Firm Operations and ...

Brian Tankersley

February 13, 2020 

On February 10, 2020,  President Trump unveiled his budget proposals for the 2021 fiscal year. Among other noteworthy items, including more resources being funneled to the IRS, the president is advocating an extension of individual tax provisions in the Tax Cuts and Jobs Act (TCJA) that are slated to be wiped off the books after...…

February 13, 2020 

Do you know how often you need to deposit federal income, Social Security, and Medicare taxes? You can’t deposit the taxes whenever you feel like. Your deposit frequency is based on a lookback period. So, what is a lookback period?

Mike Kappel

February 13, 2020 

Many businesses share the goal of increasing sales and expanding into new markets. But, now that most states tax sales by out-of-state sellers, such growth often brings new sales tax collection obligations.

Gail Cole