Latest Articles

February 12, 2020 

The proposed ASU would require a not-for-profit organization to present contributed nonfinancial assets as a separate line item in the statement of activities, apart from contributions of cash or other financial assets. It would also require a not-for-pro

February 12, 2020 

The Advisory Council supports the Trustees by providing strategic advice. Mr Coen has been appointed to chair the Council and consider how to improve its effectiveness.

February 12, 2020 

Preparing client data has always been the job of a CPA – but protecting it has only recently become law. Learn what the IRS has stated firms must do to stay in compliance, and how you can get enterprise-level data security for them in 24 hrs.

February 12, 2020 

Hawaii, Illinois, Michigan, and Wisconsin now require marketplace facilitators to collect and remit tax on third-party sales – this was effective January 1, 2020.

Gail Cole

February 12, 2020 

The proposed regulations are designed to accommodate the redesigned Form W-4, Employee’s Withholding Certificate, to be used starting in 2020, and the related tables and computational procedures in Publication 15-T, Federal Income Tax Withholding Methods.

Accounting February 11, 2020 

With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are expected to see a sharper-than-usual drop this month, according to the Global Port Tracker report released today by the ...

February 11, 2020 

This new guidance complements IPSAS 42 by providing requirements for accounting for collective services (such as defense at national-levels and street lighting at sub-national levels) and individual services (such as healthcare and education).

February 11, 2020 

Everyone wants and expects instant access to information. People demand the ability to conduct business at any time and from any location. Just as importantly, they want this capability now: Solution implementations must be quick and easy. These expectations ring true across the business spectrum, from end customers all the way to back-office teams such...…

February 11, 2020 

SSARS No. 25 converges AR-C section 90, Review of Financial Statements, with International Standard for Review Engagements 2400 (Revised), Engagements to Review Historical Financial Statements.

February 11, 2020 

Canopy, a cloud-based practice management platform for tax and accounting professionals, has released new updates that enhance the functionality of its product suite and further ease an accountant’s workload as they head into the 2019 tax year.

February 10, 2020 

Most impressive at CES this year were hardware solutions to real world problems. We’ll discuss each of them, but I was particularly impressed by new generation laptops, monitors (including a second portable monitor), scanners, keyboards and mice.

Randy Johnston

February 10, 2020 

More businesses are required to electronically file and remit Arizona transaction privilege tax (TPT) and Hawaii General Excise Tax (GET) in 2020 than in previous years. Arizona As of January 1, 2020, businesses with an annual TPT or use tax liability of $5,000 or more in Arizona must pay and file returns electronically. The threshold has dropped significantly:...…

Gail Cole