Latest Articles

November 9, 2018 

Effective for 2018 through 2025, the TCJA completely eliminates the Schedule A deduction for miscellaneous expenses. This change can be especially harmful to employees who pay job-related expenses out of their own pocket.

November 8, 2018 

Access HR, payroll, and point of sale from one, easy-to-use online dashboard. Stop spending countless hours on administrative tasks and start spending time growing your business. Workful streamlines your processes, so you can get back to business. Start for Free – Learn More!

November 8, 2018 

The short answer is that CPA firms stink at succession planning.  Firms’ entire operations are geared to maximizing short-term profits, focusing on today at the expense of tomorrow.  Evidence of this is the following: A 60 year-old sole practitioner wants to sell her firm and work eight more years.  She has revenue of $1M and...…

November 8, 2018 

This year marks Baron’s 21st consecutive and final Users’ Conference keynote, as he will be leaving the business at the end of the year. Baron joined Thomson Reuters in 1992 and has been managing director of the Professional segment of the Tax & ...

November 8, 2018 

Wolters Kluwer Tax & Accounting has received top honors in the 2018 Business Intelligence Group’s BIG Award for Business including New Product of the Year for CCH Tagetik IFRS 17 and Product of the Year for CCH Axcess. The BIG Award for Business ...

November 8, 2018 

Many CEOs and entrepreneurs wrestle with this challenge, with both short- and long-term implications. Meanwhile, a disconnect develops between the CEO’s initial big-picture vision for the company and its seemingly sporadic execution toward those goals.

November 7, 2018 

Emerging innovations such as data analytics, cloud-based technology, and web-based audit solutions are transforming financial audits. Thomson Reuters Enterprise Cloud Audit Suite, including its products such as Checkpoint Engage and AdvanceFlow,, ...

November 7, 2018 

The AICPA explained in its letter that section 162(m) places a $1 million limitation on the amount of compensation that a “publicly held corporation” can deduct in a taxable year for a “covered employee.” The TCJA broadened the definition of “covered ...

November 7, 2018 

The Treasury Department and the Internal Revenue Service have issued final regulations expanding the long-standing paid preparer due diligence requirement to include individual income tax returns claiming the head of household filing status.

November 6, 2018 

Intuit Inc. has announced new updates coming to ProConnect Tax Online, their cloud-based professional tax preparation software, for Tax Year 2018. The enhancements include key tax reform updates, new workflow features for small to large firms ...

November 6, 2018 

All of this year’s FVS Standing Ovation honorees hold the Certified in Financial Forensics (CFF) or Accredited in Business Valuation (ABV) specialty credential, with more than a quarter holding both.

November 6, 2018 

BlackLine’s cloud platform complements the functionality provided by SAP ERP Financials solutions, including the SAP S/4HANA® Finance solution, bringing enhanced control and automation to Finance & Accounting departments worldwide.