Latest Articles

September 17, 2020 

The new partnership provides a comprehensive and industry-first “subscription-to-cash” management and measurement capability that enables the two companies’ mutual SaaS customers to automate subscription billing, advanced collections workflows and ...

September 17, 2020 

During the week of September 15, an outage at Wolters Kluwer CCH caused some of the efile operations to malfunction such that users were unable to upload tax returns for electronic filing in time to meet the midnight September 15 deadline.

Gail Perry

September 16, 2020 

Now that the conventions of both major parties have wrapped up, we’re heading into the home stretch of the presidential election race. Naturally, taxes will be a major point of contention.

Ken Berry, JD

September 16, 2020 

From the sudden expansion in remote working to new client service requests, the COVID-19 pandemic has had significant effects on how CPA firms do business. And while many disruptions might be behind us, the aftershocks will rumble on for some time.

Paul McDonald

September 16, 2020 

These updates to OnPay’s payroll software are designed to make deeper insights accessible to all small business decision makers and their advisors.

September 16, 2020 

Millennials (24–39 years old) are approaching a milestone birthday as the first in the generation turns 40. And as they age, there's a chance they will become owners and beneficiaries of life insurance policies.

September 16, 2020 

Acumatica, maker of ERP solutions for businesses, has announced the release of Acumatica 2020 R2, the second of its biannual product updates. A significant product release in its own right, this year’s R2 arrives at a ...

September 16, 2020 

As set forth in Rev. Proc. 2020-1, the IRS ordinarily processes requests for letter rulings in the order that they were received. A taxpayer with a compelling need to have a request processed more quickly may request expedited handling.

September 16, 2020 

Through this merger, clients and the Boston metro area will have access to a deep bench of knowledgeable professionals who can provide comprehensive individual and business tax planning, accounting, estate, trust, and ...

September 16, 2020 

The Tax Cuts and Jobs Act (TJCA) amended the rehabilitation credit so that taxpayers now claim the rehabilitation credit over a five-year period. The TCJA amendments generally apply to a taxpayer’s qualified rehabilitation expenditures paid or ...

September 16, 2020 

The Affordable Care Act (ACA)—the massive healthcare law known as Obamacare—has been under the gun ever since its enactment in 2010. In the latest legal development, the U.S. Supreme Court has agreed to review a challenge as to whether the ...

September 16, 2020 

Generally, if you make withdrawals from a traditional IRA before age 59½, you must pay a 10% penalty tax, in addition to the regular income tax. However, the tax law has created a number of special exceptions.