AccountantsWorld AP 640x360 5bf473c57da1f

November 20, 2018 

Earn 20% More Accounting Profit Within A Year

To grow your firm’s accounting profits by 20% or more, you need full control over your engagements. Accounting Power CAS is the first system designed to put CPAs back in control. The result? 20% more accounting profits, guaranteed.

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November 20, 2018 

The 10 Types of PTO

According to the Bureau of Labor Statistics, more than 70% of employees have access to paid days off from work for sick or vacation time. Although these are common paid time off programs, sick and vacation days aren’t the only time off work you can offer.

Rachel Blakely-Gray

 AICPA Seeks Input on Inventory Valuation

November 20, 2018 

AICPA Seeks Input on Inventory Valuation

The AICPA’s Financial Reporting Executive Committee (FinREC) has issued an early working draft of Inventory Valuation guidance, which is part of a broader forthcoming release of its Business Combinations Accounting and Valuation Guide.

business taxes 1  56b7731687830

November 19, 2018 

Like-Kind Exchanges Now Limited to Real Estate

Effective Jan. 1, 2018, exchanges of personal or intangible property such as machinery, equipment, vehicles, artwork, collectibles, patents, and other intellectual property generally do not qualify for nonrecognition of gain or loss as like-kind ...

 As 2018 Ends, Year-End Tax Planning is More Critical

November 19, 2018 

As 2018 Ends, Year-End Tax Planning is More Critical

Last December’s tax-reform bill upends conventional tax-planning strategies and dramatically changes the landscape for this year’s tax filings. The good news is that there is still time to ease the pain of the upcoming filing season – even this late ...

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November 19, 2018 

IRS Warns of New Transcript Scam

The scam is especially problematic for businesses whose employees might open the malware because this malware can spread throughout the network and potentially take months to successfully remove.

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November 19, 2018 

Are You Hackerproof? 3 Ways to Protect Your Practice

In relationships, trust is everything. And for accountants, who typically handle large amounts of sensitive information for their clients, trust is a prerequisite. Names, social security numbers, addresses, salaries and wages — all of these, if ...

business taxes 1  56b7731687830

November 19, 2018 

How the 20% Qualified Business Income Deduction Affects Veterinary Practices

With passage of the Tax Cuts and Jobs Act (TCJA) in early 2018, veterinary practice owners are hopeful of reduced tax burden, enhanced by the prospect of a 20% deduction on “Qualified Business Income” (QBI) flowing through from Sub S Corporations, LLCs, Partnerships and Sole Proprietorships. And everyone is cautious, because there are complications to...…