Latest Articles

 These Financial Terms Leave Many Americans Baffled

September 5, 2018 

These Financial Terms Leave Many Americans Baffled

We can’t all be financial wizards, that is unfortunately and undoubtedly true. But as we navigate through different life stages, the urgency to acknowledge and grasp what numerous financial terms mean becomes ever apparent when making tough financial ...

 REG A+: A Risk/Reward Perspective for CPA Firms

September 4, 2018 

REG A+: A Risk/Reward Perspective for CPA Firms

With GDP now hovering around four percent and consumer confidence reaching highs not seen since before the dot-com crash, the economy is finally starting to look favorable for accounting firms. Tempering this enthusiasm is the constant concern that increased computing power will continue to make inroads, and eventually automate, the traditional practice areas such as...…

cybersecurity

September 4, 2018 

10 Warning Signs of Tax Data Theft

Cybercriminals often leave few signs of their burglary until the fraudulent tax returns are filed and clients are harmed. This is one more reason tax professionals should use strong security protections to prevent data theft from occurring.

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September 4, 2018 

Weekly Hours Worked Up Among Small Businesses

While the Paychex | IHS Markit Small Business Employment Watch for August shows a continued decrease in the rates of small business jobs and wage growth, it also reveals that weekly hours worked are on the rise. Down 0.12 percent in August to 99.22, the Small Business Jobs Index has fallen for three consecutive months...…

1099 form 56a903515b989

September 4, 2018 

New Rules for Submission of 1099 Forms

Rules and deadlines for filing 1099 forms are constantly revised and it’s important for tax professionals to stay on top of the changes. Here are two changes coming for the upcoming tax filing season involving 1099-MISC and 1099-K.

Michael Whitmire 5b8f00e363d2d

September 4, 2018 

Mike Whitmire – 2018 20 Under 40 Vendor Superstar

Mike Whitmire CPA (Inactive)CEO & FounderFloQastwww.floqast.com Career Highlights: Three years in audit at Ernst & Young, Los Angeles Practice Joined Cornerstone onDemand as fifth member of its pre-IPO accounting team; rapidly growing team that grew to over 40 to take the company public. It was in this role that Mike experienced the pain firsthand of...…

money1

September 3, 2018 

4 of 5 Millennials Can’t Answer Basic Financial Questions

Americans age 25-40 were asked five basic financial literacy questions from the MassMutual Foundation’s FutureSmart Digital program, developed for middle and high school students in partnership with education technology leader EverFi.

startup ceo salary 5b8d42999fb9d

September 3, 2018 

Average Startup CEO Salary: $130,000

The average CEO at technology startup businesses earns a base salary of $130,000 per year, according to a new study by Kruze Consulting, a CPA, tax and consulting firm to venture and seed backed startups. This study looked at the salary of over 125 funded companies, and compared CEO pay based on the startup’s industry...…

 Is the “American Dream” Disappearing?

September 3, 2018 

Is the “American Dream” Disappearing?

The vast majority (82 percent) of Americans describe the American Dream as financial security for both themselves and their family, three-quarters say it is owning a home, and 71 percent believe it is achieving financial independence. Although being at the heart of the American Dream, one-third (33 percent) of Americans believe the American dream is...…

Technology 21 1  54bfe611dadbc

September 3, 2018 

Women Entrepreneurs Leading on Digital Transformation

Women entrepreneurs are increasingly optimistic about the future and leading the digital transformation, according to the 2018 Bank of America Women Business Owner Spotlight. The annual study of more than 1,000 entrepreneurs across the country found increased confidence toward future revenue growth, as 58 percent of women entrepreneurs expect their revenue to increase in the...…