How Long Should You Keep Income Tax Returns and Records?

November 26, 2018 

How Long Should You Keep Income Tax Returns and Records?

The IRS generally recommends keeping copies of tax returns and supporting documents at least three years. Employment tax records should be kept at least four years after the date that the tax becomes due or paid, whichever is later.

 Year-End Services to Offer Your Business Clients

November 21, 2018 

Year-End Services to Offer Your Business Clients

This is the time of year that lists are made (and checked twice). It’s also a great time for CPAs to consult with clients and offer much-needed year-end advice. Here’s a year-end checklist for critical end-of-year tasks to get your clients in top shape...

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November 21, 2018 

IRS Issues Tax Blueprint for Like-Kind Exchanges

If own property like real estate that has appreciated substantially in value, you might owe a large capital gain if you sell the property. In addition to paying the maximum 20% tax rate on long-term gains if you’re in the top ordinary income tax bracket..

Intuit QBC 2018 2 5bf566303ee1e

November 21, 2018 

News and Updates From QuickBooks Connect 2018

On Nov. 5-7, San Jose, California, was energized with another terrific QuickBooks Connect event, where some 5,000 accounting and tax professionals, app developers, owners and staff of small businesses, freelancers and exhibitors came together to ...

Scott Cytron

 The Cloud Beyond SaaS: What IaaS Means for Accounting Firms

November 21, 2018 

The Cloud Beyond SaaS: What IaaS Means for Accounting Firms

Phrases such as "Cloud Computing" and "Moving to the Cloud" have been a consistent part of the conversation around IT strategy in the accounting profession for a number of years. It means different things to different firms based on several factors ...

 Ebook Explores Cost of Surety Bonds

November 21, 2018 

Ebook Explores Cost of Surety Bonds

Contractors often need to post contract bonds when they want to bid on public projects. In fact, most federal projects require obtaining bid, performance and payment bonds. In addition, private project owners are increasingly also including this ...