Latest Articles

July 1, 2020 

Some of the hardest hit states include California (-$1.9 billion), New York (-$ 1.3 billion), Florida (-$ 1.3 billion), Nevada (-$1.1 billion) and Texas (-$940 million). These tax impacts represent the direct tax revenue decrease from the severe drop ...

July 1, 2020 

“The jobs index moved very little from May, but increases in wages and hours worked signal significant improvements in small business labor utilization in June,” said James Diffley, chief regional economist at IHS Markit.

July 1, 2020 

The TQA also addresses how creditors may restructure loans made in response to COVID-19 that result in restructurings that are not troubled debt restructurings and include periods of reduced payments, including ...

July 1, 2020 

To collect refunds for tax year 2016, taxpayers must file their 2016 tax returns with the IRS no later than this year's extended tax due date of July 15, 2020.

July 1, 2020 

The new model replaces quarterly testing windows that allowed candidates to sit for the Exam during specified dates. According to Prometric, 3,465 test events have already been scheduled between September 11-30, 2020, a previous blackout period, signifyin

June 30, 2020 

As a new study in the journal Accounting Horizons observes, regulatory actions have likely "created an atmosphere that motivated companies to reduce or eliminate tax fees paid to audit firms to bolster the appearance of independence in ...

June 30, 2020 

The coronavirus has caused every accounting team to vastly change the way they operate. Luckily, with the help of the cloud, accounting teams are able to stay efficient and flexible now and into the future.

June 30, 2020 

PracticePro 365 https://practicepro365.com From the 2020 reviews of practice management systems. PracticePro 365 is built off of Microsoft Dynamics and is accessible via any Internet browser. You can access PracticePro 35 using any device including a tablet or smart phone, with an option to use a browser or download the dedicated mobile app. PracticePro 365...…

Mary Girsch-Bock

June 30, 2020 

The Internal Revenue Service has unveiled the 2019 IRS Data Book, featuring a redesigned format that provides a different and expanded look at IRS accomplishments during the past year.

June 30, 2020 

Xero’s Behind Small Business and COVID-19 resource page helps small businesses understand what government support they can access and how they can learn new skills, take their business online or manage working remotely.

June 30, 2020 

The ETAAC is a public forum whose members work closely with the Security Summit, a joint effort of the IRS, state tax administrators and the nation’s tax industry that was established in 2015 to fight identity theft-reflated refund fraud and cybercrime.

June 30, 2020 

Leadership New Hampshire (LNH) is a 10-month program that brings together a group of talented and accomplished individuals to learn about issues local to the state, connect with one another, and discover ways to serve their communities in positions of lea