Latest Articles

August 30, 2019 

58% of Millennials (ages 23-38) have been denied at least one financial product due to their credit score, as found in a recent survey by Bankrate.com. In comparison, a combined 35% of Gen X (ages 39-54), Baby Boomers (ages 55- 73) and the Silent Generation (ages 74+) have been denied the same. Among all U.S....…

August 30, 2019 

Vertex, Inc., a provider of tax technology and services, announces the appointment of three executives across customer experience, product management and sales to strengthen its leadership, support global growth initiatives and enhance customer focus.

August 30, 2019 

Earning its reputation as a leading accounting and financial management platform, Sage Intacct scored higher than any other ERP vendor with a satisfaction rating of 98 out of 100 on G2 Crowd. In 2019 Sage Intacct also received the highest ...

August 30, 2019 

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.

August 30, 2019 

One aspect of an economic slowdown companies are prone to overlook involves taxes. Recessions tend to widen the tax gap, essentially the difference between how much taxpayers owe and how much they actually pay. An increase in the tax gap would almost ...

August 30, 2019 

A roundup of interesting tax news.

August 30, 2019 

No matter what the reason, making payments from multiple bank accounts creates a lot of complexity in AP. It makes cash management difficult, increases the risk of errors and fraud, and creates an ongoing nightmare when it comes to reconciliation.

August 29, 2019 

As Dorian threatens and with the peak of hurricane season just ahead, the Internal Revenue Service reminds everyone to develop an emergency preparedness plan. Taxpayers, whether individuals, organizations or businesses, should take time now to ...

August 29, 2019 

How does your firm exchange important financial documents with clients? Do clients send bookkeeping and tax docs by regular mail, or via email? The Doc.It client portal is perfect for firms of 3 or more accountants. Download the guide to learn more.

August 29, 2019 

Remember: the IRS does not send unsolicited emails and never emails taxpayers about the status of refunds.

August 29, 2019 

Let’s start here: I am not a tax professional. I understand very little about taxes beyond the W-somethings I fill out at work. Fortunately, I don’t need to be an expert. That’s what my CPA, Dorothy, is for. And she’s been an incredible asset to me these last several years, helping me move states, change...…

August 28, 2019 

The retention tactics most often cited by employers were increasing communication with staff (46%), improving employee recognition programs and offering professional development (each with 41%). But when workers who said they intend to leave their jobs...