Accounting September 13, 2026
The Month-End Close Steps Firms Still Do by Hand – and What to Automate First
The judgement work firms assume dominate the close usually takes less time than the data handling surrounding it.
April 11, 2019
Is New Tax Law a Dud for Small Businesses?
A new poll of small business owners shows the new tax law has not helped small businesses’ profitability nor has it helped small business owners hire, grow or invest in their businesses. In fact, 65% don’t think l
April 10, 2019
Tax and Finance Execs Open to Automation
Approximately 60% of respondents polled during a recent webcast by the firm said they would be willing to adopt technology within their organizations to automate repeatable tasks; however, 94% reported they were either not currently using (67%) or are...
April 10, 2019
10 Easy-to-Miss Income Tax Deductions
Often, taxpayers choose the standard deduction assuming that itemized deductions and other deductions would be less beneficial. This feeling is even stronger with the new increase in the standard deduction from the Tax Cuts and Jobs Act, however ...
April 9, 2019
Volunteers Sought for IRS Taxpayer Advocacy Panel
The TAP reports annually to the Secretary of the Treasury, the IRS Commissioner and the National Taxpayer Advocate. The Office of the Taxpayer Advocate is an independent organization within the IRS that provides support for and oversight of the TAP.
April 9, 2019
Accounting Firm Websites: Avoid These Common SEO Errors
Many accountants, CPAs and bookkeepers have become familiar with the concept of Search Engine Optimization (SEO). The ability to influence where and how a firm’s website appears in various Google searches creates an interesting opportunity.
April 9, 2019 Sponsored
Practice Management: Retaining Clients for Life
The modern age of the practice management system is here, and it’s offering accounting firms more efficiencies than they have ever had in the past. A practice management system goes beyond time entry into managing the complete life cycle that is your client relationship. This is the driving factor behind Practice Engine, along with the...…
April 9, 2019
Last-Minute Tax Tips: April 15 is Around the Corner
As the tax deadline nears and the demand for IRS tax help by phone is higher, the IRS encourages taxpayers to make IRS.gov their first stop when questions arise, as the website offers answers to many of the most common taxpayer questions, like ...
April 8, 2019
Odds of Facing an IRS Audit? More Likely to Get Jury Duty
Thanks to a confluence of factors including budget cuts for the IRS the odds of being audited by the IRS had dropped from 1 in 90 at the peak in 2010 and 2011 to around 1 in 160 last year. The actual number varies from year to year but the official ...
April 8, 2019
Using Payment Processing Systems for Better Customer Service
The decision on whether or not to integrate payment processing systems into their daily operations is one of the most crucial decisions a small business can make.
April 8, 2019
Rev Proc 2019-08 – Expansion of Depreciation
With the TCJA, Section 179 was expanded to allow taxpayers to deduct up to $1 million for certain fixed assets, placed in service after 2017. The increase to $1 million under the Act rose the previous deduction that was $500,000.
April 8, 2019
IRS Makes Progress Against Scammers, But Target is Now Tax Pros
As the Security Summit partners make progress, identity thieves continue to change their targets and tactics. Two areas of concern are business identity theft and data theft from tax professionals.
April 8, 2019
April 15 is Almost Here: Where’s Your Tax Refund? – 2019 IRS Income Tax Refund Chart
April 15 is the deadline for most U.S. taxpayers to file their income tax returns, and most average workers usually get a refund. If you haven't filed yet, you'd better get started. If you're expecting an income tax refund from the IRS, the chart b...