Latest Articles

May 11, 2018 

“Finding and retaining talent” continues to be one of the biggest challenges we hear from accounting firms. The CPA profession struggles with retaining young professionals, advancing women into leadership positions, and building succession plans for firms. Why haven’t we solved these problems, even though we’ve talked about them for years? Do we really understand what’s...…

May 11, 2018 

The new INCPAS.org was developed based on research and feedback directly from members. New features include better navigation, enhanced registration features and CPE recommendations, a responsive and mobile friendly design, and more relevant search ...

May 10, 2018 

Robotic Process Automation and APIs are both excellent tools for bringing automation to the tax function. Yet the subtle differences as to how they function may determine whether or not true automation is achieved. RPAs are not hands-free automation...

May 10, 2018 

Make sure each manager, senior manager, and executive is responsible for inclusion and hold them accountable during performance evaluations. Discuss the issue during leadership meetings and share feedback from employees.

May 10, 2018 

Xero has continued to grow in FY18, adding 351,000 subscribers, increasing revenue by 38%, improving operating cash flows by $45.6 million, increasing EBITDA by $54.6 million and growing LTV by $990 million to surpass $3.2 billion in total LTV.

May 10, 2018 

With Mother’s Day nearly upon us, consumers will spend an estimated $23.1 billion this year on Mother’s Day gifts and celebration, according to the National Retail Federation. Individuals will spend the week rushing out to find that perfect gift for ...

May 9, 2018 

I doubt that Aristotle’s description of profit was related to the goals of every Wall Street investor, but his point is similar. Profit may be defined as a benefit, and surely there are few benefits more rewarding in the long run than trust.

May 9, 2018 

The Tax Cuts and Jobs Act (summary of changes) is the largest piece of tax reform legislation in 30 years and was signed into law on December 22, 2017. Although most of the legislation applies to Tax Year 2018, clients are already starting to ask ...

Mike D'Avolio

May 9, 2018 

At its most basic level, nexus is answering the question, “Do you have sufficient contact to require you to register with a state taxing authority or other regulatory body?” Don’t make the mistake of getting frightened by the term.

Mary C. Thomas

May 9, 2018 

While many of us use Zillow as a resource for up-to-date home-related information, the company’s story of maintaining sales tax compliance and transitioning to automated accounting solutions provides insights for accountants supporting growing clients.

May 9, 2018 

The American Institute of CPAs (AICPA) has recommended more than 30 changes to the Internal Revenue Service (IRS) for the 2018 Form 990, Return of Organization Exempt from Income Tax, and its related instructions.

May 9, 2018 

A variety of factors – less security in the traditional job market, more innovation (especially through social media), a desire for more fulfilling work and independence – has led to a steady trend toward entrepreneurship among graduates in the past ...