Accounting Predictions for 2019

January 1, 2019 

Accounting Predictions for 2019

December has come again, and it’s time to predict the big stories for 2019. Here are the seven trends I think will have transformational impact on practitioners and their firms in the coming year:

Brian Tankersley

 The Tax Blotter – New Year’s Edition

December 27, 2018 

The Tax Blotter – New Year’s Edition

Although you can’t deduct the cost of commuting back and forth from work, the tax law provides various benefits associated with driving your vehicle. Following are some new developments affecting mobile taxpayers. More tax mileage in ‘19. The IRS recently announced new optional standard mileage rates for 2019 (IR-2018-251, 12/14/18). Accordingly, the rate for business...…

Tax Tips for Schedule C Filers 1  54986ceb23dc8

December 26, 2018 

6 Reasons Small Business Owners Should Hire a Tax Pro

For individuals with more complex incomes, such as revenue from businesses, income from interest and dividends, capital gains on a home sale or foreign assets, seeking the expertise of a professional can save time, money and potential legal complications.

 Businesses May Abuse Research Tax Credit

December 26, 2018 

Businesses May Abuse Research Tax Credit

The watchdog agency tasked with overseeing the IRS reports that the agency doesn't have the ability to identify small businesses that meet or do not meet the eligibility requirements of the Research Tax Credit Payroll Tax Offset. The Treasury Inspector...

cfo cloud

December 26, 2018 

48% of CFOs Lack Succession Plan

Research suggests small businesses (20-49 employees), in particular, may be less prepared to deal with potential leadership changes, with only 37 percent of financial executives at those companies citing they have an heir apparent.

2019 5c23b2a5d2da2

December 26, 2018 

8 Workplace Trends to Watch in 2019

As employers and job seekers look ahead to the new year, many experts are offering their predictions outlining the trends and changes 2019 will bring to the world of work.