Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
April 2, 2019
Bill.com Receives $88 Million Investment, Led by Franklin Templeton, Mastercard and Fidelity
The small and midsized business segment represents a massive U.S. business payments market that’s ripe for disruption. While consumer payments have experienced abundant innovation, business payments have lagged behind. More than $58 trillion in B2B ...
April 1, 2019
Congress Considers IRS Overhaul
New proposed legislation that puts taxpayers first is understandably drawing approvals from both sides of the aisle in Congress. On March 28, the top tax writers from the House Ways & Means Committee and the Senate Finance Committee (SFC) introduced...
April 1, 2019
Illinois CPA Society Appoints 2019-2020 Board of Directors
The Illinois CPA Society (ICPAS) has announced its Board of Directors to serve April 1, 2019 – March 31, 2020.
April 1, 2019
BenefitMall Introduces Agency Workspace
Agency Workspace is instrumental in streamlining the management of a broker’s BenefitMall book of business. Whether it’s managing their clients, starting or reviewing quotes, setting up enrollments, viewing their commissions or more, brokers instantly ...
April 1, 2019
The Effect of Rev. Rul. 2019-9, 2019-14 IRB
The immediate effect of Rev. Rul. 2019-9, would allow for a tax-free distribution of stock and securities to its shareholders, provided the controlling corporation and the active corporation are engaged in an active conduct of trade or business ...
April 1, 2019
Accounting Association CPAmerica Welcomes Two New Member Firms
Effective April 1, 2019, Sobul, Primes & Schenkel, headquartered in Los Angeles, Calif., and Stoy, Malone & Company, P.C., headquartered in Baltimore, Md., will join CPAmerica, Inc., an accounting association of independent, certified public accounting firms that provides shared best practices, networking opportunities and access to expert resources for member firms. These new members are...…
April 1, 2019
Giving Workers a ‘Voice’ Improves Retention
Giving low-wage workers a “voice” on the job — the ability to communicate concerns to management — is believed to improve employee satisfaction and retention. Now a new paper supports this theory using a field-based, randomized, controlled ...
April 1, 2019
Tax Credit for GM Electric Vehicles to Phase Down After 200k Threshold Met
The IRS has announced that General Motors, LLC has sold more than 200,000 vehicles eligible for the plug-in electric drive motor vehicle credit during the fourth quarter of 2018.
April 1, 2019
Harvard Business School Launches Gender Initiative
Inspiration for the Gender Initiative emerged during the 2013 commemoration of the School’s 50th anniversary of admitting women to its two-year MBA program. As part of that celebration, HBS hosted its first Gender & Work Symposium, an annual ...
April 1, 2019
February Retail Sales Down From January, Up 2.7% from Feb. 2018
Retail sales were down 0.7 percent in February seasonally adjusted from January but up 2.7 percent unadjusted year-over-year as delays and revisions related to the government shutdown continued to make comparisons difficult, the National Retail ...
April 1, 2019
TCJA: IRS Explains Tax Treatment of State and Local Tax Refunds
The Tax Cuts and Jobs Act (TCJA), enacted in December 2017, limited the itemized deduction for state and local taxes to $5,000 for a married person filing a separate return and $10,000 for all other tax filers. The limit applies to tax years 2018 to 2025.
April 1, 2019
How Accounting Firms Can Get Their Cloud Right the First Time
For accounting practices and their clients, the need to get the cloud right has never been greater. While the cloud may be here to stay, there’s nothing fixed or “commodity” about it. Designing it, deploying it and operating within it ...