Latest Articles

March 29, 2019 

Bloomberg Tax has released the latest version of its ASC 842 compliance system , Advantage Leased Assets. The new enhancements include support for customized, flexible lease payment schedules. Also included in this release is integration support for automating workflows between Advantage Leased Assets and general ledgers, ERPs, and other accounting systems. “The ability to add...…

March 27, 2019 

Nominations are now closed for the CPA Practice Advisor/AICPA Most Powerful Women in Accounting Awards. The 25 winners will be recognized publicly at the AICPA Engage 2019 and featured in the June 2019 issue of CPA Practice Advisor magazine.

March 20, 2019 

The Illinois CPA Society has compiled a list of five keep tax issues that people involved in sports betting, even NCAA March Madness pools, need to keep in mind.

March 20, 2019 

The 19th annual NYU/KPMG Tax Lecture Series will explore the theme “Global Tax Roller Coaster – Adapting to an Environment Riddled with Complexity, Uncertainty and Instability.”

March 20, 2019 

Incredibly, the IRS says it is holding as much as $14 billion in unclaimed tax refunds owed to an estimated 1.2 million taxpayers who did not file 2015 federal income tax returns (IR-2019-38, 3/13/219).

March 20, 2019 

For many real estate investors, there comes a point in their lives where they no longer want to be bothered with the headaches that come with actively managing their properties.

March 20, 2019 

Baker Newman Noyes, one of the nation’s top 100 accounting and advisory firms, recently announced the appointment of Dayton Benway as Managing Principal. In addition to leading the firm, Dayton will also continue on in his role as director of ...

March 19, 2019 

The Exposure Draft proposes answers to questions about GASB Statement No. 87, Leases. GASB Implementation Guides are intended to clarify, explain, or elaborate on the requirements of Board Statements.

March 19, 2019 

The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that helps organizations align their accounting for production costs for films and episodic content produced for television and streaming services.

March 19, 2019 

Just about every manager has seen it around the office at various times: a symphony of yawns, stretches and unfocused gazes on employees’ faces. Some of your staff likely aren’t getting enough sleep.

Paul McDonald

March 19, 2019 

Nobody ever tells you change is easy. In fact, facing change takes a whole lot of courage, and it can still be a messy, challenging experience. But in the long run, the consequences of denying change are much more detrimental to our well being.

Amy Vetter

March 19, 2019 

Many employers still recall opening a letter from the Social Security Administration (SSA) informing them that the name or Social Security number (SSN) reported on a recent wage report does not match a name or SSN in the SSA’s records. At times the ...

Richard D. Alaniz, JD