Latest Articles

 Tax Tips for Minimizing the Financial Loss from a Natural Disaster

September 27, 2018 

Tax Tips for Minimizing the Financial Loss from a Natural Disaster

Natural disasters can strike anywhere and the financial cost to individual households and businesses can be staggering. Insurance may help defray some of the costs associated with restoring and replacing damaged and destroyed property. In some cases, ...

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September 27, 2018 

IRS Warns of Scams Around Oct. 15 Tax Deadline

The agency warns that scammers continue to pose as the IRS, making threatening phone calls and using email phishing schemes to lure taxpayers. The scams may be particularly prevalent ahead of the Oct. 15 tax-filing extension deadline. Another tax scam...

 Accounting Services Platform Taxfyle Raises $4.1 Million

September 27, 2018 

Accounting Services Platform Taxfyle Raises $4.1 Million

Taxfyle, an industry-leading on-demand licensed accounting platform, has raised $4.1 million in an oversubscribed Series A funding round. The round was led by Miami-based venture capital firm Rokk3r Fuel ExO, and included investment by Ocean Azul ...

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September 27, 2018 

The CPA’s Ultimate Guide to Credit Card Processing

Whether you're considering accepting credit or debit cards for the first time, you're shopping for a new payment processor, or you just want to offer informed advice to your clients—this guide has everything you need to know.

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September 26, 2018 

IRS Provides Guidance on New UBTI Rules

Prior to the enactment of tax reform, organizations with multiple sources of unrelated business income calculated their UBTI by aggregating the gross income from all unrelated trades or businesses less deductions. Section 512(a)(6) now requires UBTI ...

cybersecurity

September 26, 2018 

Business Technology Often Opens Doors for Cyber Criminals

Using connected technologies like artificial intelligence, drones, robotics or wearable sensors can increase a business’s likelihood of being a cyber-attack victim because these technologies give cyber-criminals new access points into a company’s IT ...

 Data and Analytics Are Top Priorities for Finance Executives

September 26, 2018 

Data and Analytics Are Top Priorities for Finance Executives

Security and privacy of data in finance applications is a high priority for 71 percent of all respondents and 75 percent of CFOs/finance vice presidents, specifically. This comes as no surprise given the volume, complexity and sensitivity of data that ...

 Moving Forward: How to Plan Right for Succession

September 26, 2018 

Moving Forward: How to Plan Right for Succession

Incredibly, three in five small businesses do not have a business succession plan in place, according to a Nationwide Small Business Survey. Of those, 47% don’t have a succession plan because they don’t think it’s necessary, while 14% don’t have a ...

Nellie Akalp

 IRS Adds Two Members to Electronic Tax Administration Advisory Committee

September 25, 2018 

IRS Adds Two Members to Electronic Tax Administration Advisory Committee

The Internal Revenue Service has selected two new members for the Electronic Tax Administration Advisory Committee (ETAAC). Established in 1998, the ETAAC is a public forum for the discussion of issues in electronic tax administration. Its aim is to prevent identity theft and refund fraud in support of paperless filing of tax and information returns....…