Latest Articles

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August 22, 2019 

Engaging the Power of Your Informal Networks

Networking is recognized as a major influence on one’s ability to achieve great success. The most successful people in the world possess the capability to influence and shape the opinions of others. However, there is a greater emphasis on the type of network one participates in. Much has been written about successful executives and leaders and...…

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August 22, 2019 

IT Considerations in Mergers & Acquisitions

Merging or acquiring another firm is one of the most effective methods of growing an accounting practice. Potential candidates are usually vetted based on partner and practice compatibility, desired location for expansion, niche specialization ...

Roman Kepczyk

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August 22, 2019 

5 Industries with Sneaky Payroll Tax Requirements

Every year, small businesses spend countless hours trying to figure out payroll – and they often get it wrong. According to the U.S. Small Business Administration, approximately 45 percent of businesses incur IRS penalties each year ...

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August 21, 2019 

Canopy Welcomes New Vice President of Product

Larry Furr has joined the cloud-based accounting firm practice management maker Canopy as vice president of product. A seasoned product executive, Furr’s responsibilities will include overseeing the strategy, management, and design of Canopy’s suite of products and charting Canopy’s product roadmap. Furr brings nearly two decades of product strategy and development experience to Canopy. He...…

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August 21, 2019 

Insights Into Section 199A Operational Rules

Section 199A can be a gold mine for owners of pass-through entities and sole proprietors. Thanks to this provision authorized by the Tax Cuts and Jobs Act (TCJA), a qualified taxpayer can annually deduct up to 20% of its qualified business income (QBI), effective for 2018 through 2025. But the TCJA deduction is fraught with...…

Ken Berry, JD

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August 20, 2019 

Good News and Bad News on Payments and Fraud Control:

Business email compromise (BEC) is a top tactic for external attacks, impacting over half of the survey respondents, up from 46% in 2017. Wire transfers are still the most common target for BEC scams, probably because they’re usually one-off requests...