Latest Articles

money 7_1_.5a57a24dc64bb

December 6, 2019 

Stop Leaving Money on the Table with Captive Insurance

One of the ways to set yourself apart as a CPA is to help your clients (and prospective clients) keep money “in play.” Keeping money in play is critical, so it’s important that CPAs have a working knowledge of strategies that help clients preserve ...

economy finance chart 2 graph 1_10919395

December 6, 2019 

Business Execs Lower Revenue and Profit Forecasts

Profit growth over the next 12 months is now expected to be 2.7 percent, down from 2.8 percent last quarter and significantly below the outlook of 4.3 percent a year ago. Similarly, 12-month revenue growth expectations dropped a tenth of a percentage ...

cyber security data_10816596

December 6, 2019 

Stronger Passwords Can Protect Against Tax Identity Theft

The idea behind multi-factor authentication is that a thief may be able to steal usernames and passwords, but it’s highly unlikely they also would have access to the mobile phone to receive a security code or confirmation to actually complete the ...

paychex

December 6, 2019 

Paychex Updated to Support New IRS Form W-4

The national payroll services company Paychex, Inc., says it has updated its systems to accommodate the new Form W-4 issued this week by the IRS. They also continue to support calculation methods of the previous W-4 for its customers. All new employees hired as of January 1, 2020 must complete the new Form W-4, as...…

audit

December 5, 2019 

AICPA Issues New Definition of the Concept of Materiality

The purpose is to align the materiality concepts discussed in AICPA Professional Standards with the description of materiality used by the U.S. judicial system, the auditing standards of the Public Company Accounting Oversight Board...

 Accounting Firm DHG Donates $48k to Alzheimer’s Association

December 5, 2019 

Accounting Firm DHG Donates $48k to Alzheimer’s Association

More than 5 million Americans are living with Alzheimer's disease – the sixth-leading cause of death in the United States. More than 16 million family members and friends provide care to people with Alzheimer’s and other forms of dementia.

Scam pixabay geralt

December 5, 2019 

IRS Warns of Holiday Scams

More than 90% of all data thefts begin with an email phishing scam. The IRS, state tax agencies and the nation’s tax industry – working together as the Security Summit – warned people to watch out for phishing scams during the busy holiday shopping ...