Latest Articles

money1_11298654

October 14, 2019 

3 Smart Ways to Save for College: Advice from CPAs

Avoiding monumental debt loads and college tuition sticker shock may be possible by saving early, planning ahead, and making smart choices. The Illinois CPA Society suggests some options for covering education-related expenses down the road.

payroll

October 14, 2019 

Do Your Best Payroll

In the gig economy, how important is payroll? Just as much as ever! While many firms make the majority of their profits from compliance work in tax and audit, the firms providing Client Advisory Services (CAS) have discovered that payroll can be a ...

Randy Johnston

innovation_pixabay_jarmoluk_business-561387_960_720

October 14, 2019 

Creating a Structure for Innovation

As the profession continues to move forward with business transformation, firms are being tasked with becoming more innovative. Innovation may come naturally to some, but many firms we speak to don’t know where to start.

Jim Boomer

Automation_technology _.5558c5b706074

October 11, 2019 

Five Machine Learning Applications for the Back Office

Machine learning combined with solution-specific software can dramatically improve the speed, accuracy, and effectiveness of back-office operations and help organizations reimagine how back-office work gets done.

accounting software pixabay Goumbik office 2717014_960_720

October 11, 2019 

Budget Season is Here: Got Talent?

Accountants may have put the days of pen and paper behind them, but the speed with which tech is changing the space feels faster than ever. The good news is these new digital tools are expected to make the jobs of accountants easier, rather than obsolete.

Jodi Chavez

Automation_technology _.5558c5b706074

October 11, 2019 

4 Tech Trends Transforming Public Accounting

Public accounting leaders must continue to prepare for the digital disruptions that will inevitably alter almost everything about the way their teams and their clients work. Much of this change will be positive, as breakthroughs help organizations ...

Paul McDonald

xero-invoicing_blog-banner-2-825x385[1]

October 10, 2019 

Veem Introduces Xero for Invoicing

Having disparate systems for payments and invoicing creates confusion, inefficiencies, and worst of all, more work for the small business owner.

liability_insurance_557x362_1_.546d3e4c89a81[1]

October 10, 2019 

Firm Partner Indemnification: A Cure for Insomnia

Whenever a professional liability lawsuit is brought against an accounting firm, chances are one or more of the firm’s partners will be named. They are front and center in the client relationship, and the client looks to the partner to make sure ...

credit debit-cards1_11289515

October 10, 2019 

Average Interest on Retail Credit Cards Hits 26%

The average retail credit card APR is 26.01%, up 37 basis points from last year and nearly five percentage points higher than the average overall credit card APR (21.10%), according to a new report from CreditCards.com.

 Sikich Acquires Milwaukee Accounting Firm

October 10, 2019 

Sikich Acquires Milwaukee Accounting Firm

Freyberg, Hinkle, Ashland, Powers & Stowell offers accounting, audit, tax compliance and planning, and employee benefit plan services. The team has specialized experience conducting Taft-Hartley multiemployer and other employee benefit plan audits.