Latest Articles

April 15, 2019 

Can’t file your tax return by the April 15 deadline? Taxpayers can request an automatic six-month extension of time to file the return, but what many don’t know can cost them.

Isaac M. O'Bannon

April 11, 2019 

Many T&E policies we’ve seen are outdated. More often than not, these policies were either put in place when the company only had a handful of employees traveling or they were based on industry standards that haven’t been revised in over a decade.

April 11, 2019 

New report from the AICPA and North Carolina State University compares senior executives’ perceptions of risk over the last decade and reveals an uptick in adoption of enterprise risk management (ERM) practices in organizations ...

April 11, 2019 

Tax season is almost over… a few more 20 hour days, and most tax-focused professionals will have the chance to take a well-earned vacation. Whether you want to recharge by relaxing or engaging in exciting activities, there are many options specifically tailored to help you recharge. Better still, a few lush resorts offer special discounts...…

April 11, 2019 

Canopy designed the new app to enhance and complement the work accountants perform at their desks with the long-term vision of covering important accounting use cases including client and teammate collaboration, task management, document scanning ...

April 11, 2019 

The CPA Endowment Fund of Illinois, the charitable partner of the Illinois CPA Society, announced its Board of Directors to serve April 1, 2019 – March 31, 2020.

April 11, 2019 

The American Institute of CPAs has submitted comments to the U.S. Department of the Treasury and the Internal Revenue Service (IRS) about the guidance regarding the deduction for qualified business income (QBI) under Internal Revenue Code section 199A.

April 11, 2019 

Payroll taxes withheld by employers account for nearly 72 percent of all revenue collected by the IRS, making noncompliance and cheating in this area one of the biggest problems for the nation’s tax system. Payroll taxes are a priority area for the ...

April 11, 2019 

New Mexico is the latest of more than 35 states to adopt economic nexus and impose a sales tax collection requirement on remote businesses that have a certain amount of economic activity in the state.

Gail Cole

April 11, 2019 

This sales tax roundup packs a punch. Here are some of the most notable sales tax changes that could impact your sales tax compliance.

Gail Cole

April 11, 2019 

RSM US LLP, a national accounting, audit, tax, and consulting services firm, will join the Avalara CRUSH19 sales tax conference as the event’s Diamond sponsor. Avalara is a provider of tax compliance automation software for businesses of all sizes. This year’s event, themed The Path Forward for Tax Compliance, will take place May 8–10 in...…

April 11, 2019 

Nearly 86,000 individuals sat for the CPA Exam in 2018 with 110 candidates meeting the criteria to receive the Elijah Watt Sells Award.