Latest Articles

November 18, 2019 

Eligible employees of companies that offer a health flexible spending arrangement (FSA) need to act before their medical plan year begins to take advantage of an FSA during 2020. Self-employed individuals are not eligible.

November 17, 2019 

“Everyone thinks of changing the world, but no one thinks of changing himself.” ~ Leo Tolstoy In the accounting world these days, we are inundated with news about change, innovation, disruption, or whatever else you want to call it. Terminology aside, the bottom line is that our jobs our changing at an ever-increasing rate. We...…

Amy Vetter

November 17, 2019 

The accounting profession is as dynamic and vital to the success of America’s small businesses as ever, which is why CPA Practice Advisor’s 40 Under 40 and 20 Under 40 Influencer programs recognize professionals who are helping lead the profession ...

Isaac M. O'Bannon

November 17, 2019 

The New York prosecutors who sought the tax returns are expected to file a response within 10 days. Meanwhile, Trump’s lawyers are expected to move quickly to appeal the ruling involving House investigators. The justices may take some time to decide ...

November 17, 2019 

Revenue Procedure 2019-46 updates the rules for using the optional standard mileage rates in computing the deductible costs of operating an automobile for business, charitable, medical or moving expense purposes.

November 15, 2019 

In a separate effort to investigate Trump’s financial records, a grand jury in Manhattan is poking into allegations that real estate mogul paid “hush money” to two women through his former attorney, Michael Cohen, prior to the 2016 election.

November 15, 2019  Sponsored

Many accountants and bookkeepers who want to build and/or maintain a cloud-based practice have turned to QuickBooks Online Advanced – Intuit’s latest cloud-based offering – to meet the needs of their fast-growing, high value clients who may be ...

November 15, 2019 

Accounting firms are increasingly looking to expand beyond traditional, compliance-focused accounting services to grow their business and boost profitability. By providing client accounting services, firms can not only improve their bottom line, but ...

Vishal Thakkar

November 15, 2019 

Traditional compliance services like taxes and audits have long been the bread and butter of many accounting practices. However, clients are increasingly requesting new services beyond that scope such as bookkeeping, payroll, and advisory-level collaboration. Firms eager to create new revenue streams and stronger ties with clients respond by expanding services and adopting technology that...…

Pete Potsos

November 15, 2019 

As you consider the home healthcare industry vertical for your firm, begin with the why. Why now? Why this industry? Why this geographic location? Why should they work with us? Why is it important to the firm’s bottom line? Once you know your why, you’re on your way to creating a marketing plan with purpose....…

Becky Livingston

November 15, 2019 

To ensure success in an environment where available accounting talent is limited, managers must move away from the idea of a new hire having a perfect resume. Instead, focus on identifying promising candidates who you can develop and who fit your ...

Paul McDonald

November 14, 2019 

The firm migrated from the CCH ProSystem fx Tax on-premise solution to the full, cloud-based CCH Axcess platform, including CCH Axcess Tax, CCH Axcess Document, CCH Axcess Portal, CCH Axcess Practice, and CCH Axcess Workstream modules.