Latest Articles

September 19, 2018 

At least IRS efforts to use private debt collectors, which have failed in the past, aren’t losing money, according to a new report by the Treasury Inspector General of Tax Administration (TIGTA). But the program is far from a roaring success.

September 16, 2018 

This includes quarterly estimated income tax payments due on Sept. 17, 2018, and the quarterly payroll and excise tax returns normally due on Sept. 30, 2018. Businesses with extensions also have the additional time including, among others, ...

September 15, 2018 

Since the OVDP’s initial launch in 2009, more than 56,000 taxpayers have used the various terms of the program to comply voluntarily with U.S. tax laws. These taxpayers with undisclosed offshore accounts have paid a total of $11.1 billion in back ...

September 15, 2018 

What are your favorite tools for getting and staying organized? As the autumn tax season is upon us, and spring tax season will be here soon (there’s always a tax season looming…), I checked in with some members of the CPA Practice Advisor community ...

Gail Perry

September 14, 2018 

As we set out on our recent hike near Beaver Creek, Colorado, the first mistake I made was reading the hiking map. I informed CeCe that it was just three miles roundtrip so we should be able to do this easily in two hours. Thankfully, I did point out ...

September 14, 2018 

Small and mid-sized businesses are more vulnerable to fraud than larger organizations, and the effects can be more damaging. The types of fraud that businesses need to be aware of generally fall into three categories: Theft, financial statement fraud ...

Isaac M. O'Bannon

September 14, 2018 

Anyone can make mistakes, and pretty much everyone does. But we had a fighting chance before email and smart phones. In the good old days an office assistant typed documents and memos, and then they were read over once or twice before they got signed ...

Gail Perry

September 14, 2018 

Outsourced CFO work is a lucrative practice area that many accounting firms are either currently engaged in or plan on offering. While much has been written concerning the financial benefits, little has been written on the risk management ...

September 13, 2018 

Cetrom, a provider of custom cloud solutions SMBs, has been named Top Hosting Provider by K2 Enterprises, a premier provider of technology-focused Continuing Professional Education (CPE) in both the United States and Canada, for the fourth year in a row.

September 13, 2018 

Across all industries and organizations, there is a growing pressure to accomplish more with less resources. Efficiency is now required across all facets of business, but it is perhaps the most essential for the finance department.

September 13, 2018 

The report provides detailed projections of the inflation-adjusted amounts for key individual items, expensing and various “small business” limitations, health, charitable, compliance and other specialty items, transfer tax and foreign items, and ...

September 13, 2018 

4.8% of owners said that the Tax Cuts and Jobs Act will reduce their hiring plans, 6.9% planned an increase in hiring and 88.3% had no effect on hiring plans based on a recent survey of 663 small business owners.