Latest Articles

September 13, 2018 

New reporting rules requiring the filing of Form 8992, U.S. Shareholder Calculation of Global Intangible Low-Taxed Income, are also described in the proposed regulations.

September 13, 2018 

The study also found that while the vast majority of companies plan to add to their tax department’s headcount (75 percent), there is still pressure to keep costs down. Efforts to allocate resources to more strategic, value-added areas and balance ...

September 13, 2018 

One of the most important changes under the 2017 tax act was a new income rate structure under which individuals are taxed. Lower tax rates will generally be applied to higher tax brackets.

September 13, 2018 

The K2 Quality Awards are in their seventeenth year and the are among the most well respected and longest standing awards in the Accounting industry. Randy Johnston, Shareholder and VP at K2 Enterprises was quite pleased “I’m amazed at the pace of ...

September 13, 2018 

The lunch "hour" may be a concept of the past, new research from staffing firm OfficeTeam suggests. More than half of workers (56 percent) said their typical lunch break lasts 30 minutes or less.

September 13, 2018 

Hurricane Florence remains a powerful major hurricane, but has been downgraded to a Category 3, as its sustained winds have decreased to 115 mph. The forecast track of Florence has the storm making landfall near Wilmington, N.C. around midday Friday ...

September 12, 2018 

If notified timely, the IRS can help stop fraudulent tax returns being filed in clients’ names, which otherwise might delay legitimate tax refunds. This action to help protect taxpayers requires the cooperation of the tax professional with the IRS.

September 12, 2018 

On August 20, 2018, the Securities and Exchange Commission (SEC) adopted amendments to SEC Rule 15c2-12, which identify two new events requiring disclosure with the Municipal Securities Rulemaking Board (MSRB) via the EMMA system within 10 business days of their occurrence. Under Rule 15c-2-12, underwriters must reasonably determine that an issuer of municipal securities, or...…

September 12, 2018 

We all have clients using QuickBooks Online. It seems that more and more clients are moving to QuickBooks Online each day, and for many of these small business clients, it is a great solution. Who doesn’t love that live bank feed for clients who run ...

September 12, 2018 

Sage (FTSE: SGE) today announced the launch of Sage Intacct Budgeting and Planning, stemming from its acquisition of Budgeta earlier this year. This powerful, yet easy to use, cloud-based financial budgeting and planning solution – deployable in a few days – provides a collaborative environment that streamlines and improves the planning process. Sage Intacct customers...…

September 11, 2018 

Robert Allen, CPA, CFE, CTL, MBA, MSIS, ALMI PresidentThe Allen CPA FirmHouston, TXhttps://www.theallencpafirm.com Social Media: https://twitter.com/allencpafirm https://www.facebook.com/allencpafirm/ Professional Associations/Memberships American Intercontinental University (Houston campus) advisory board member Colorado State University Global Campus dvisory board member Houston Minority Supplier Development Council (HMSDC) program committee member AICPA Professional Liability committee member Texas Society of Certified Public Accountants...…

September 11, 2018 

eCommerce is growing every year, and it has become a major force in the global economy. The online market is expected to grow 56% by 2020, with other traditional markets only expected to experience 2% overall growth during the same time period.