Voting Opens for QuickBooks Global Firm of the Future Contest

October 22, 2018 

Voting Opens for QuickBooks Global Firm of the Future Contest

The polls have opened for voting in the 2018 Intuit QuickBooks Global Firm of the Future contest. The public vote, which closes October 31, 2018, will determine which of the contest’s five finalists − Cloud Bookkeeping Services, PJCO, Reconciled, ...

 New QuickBooks Online Advanced Geared to High Growth Businesses

October 22, 2018 

New QuickBooks Online Advanced Geared to High Growth Businesses

Intuit Inc. has launched QuickBooks Online Advanced, a new cloud-based offering designed for high growth businesses. By bringing together its 3.4 million online customers, QuickBooks Online Advanced leverages the vast data and information within the ...

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October 22, 2018 

Point-of-Sale Systems: The Final Frontier for Moving to the Cloud?

Ever since the early days of my small business consulting in Atlanta, the mention of a point-of-sale solution has been enough to give me a case of the hives. Over time, as I have gained additional experience as a CPA working with small businesses of every kind, as a product manager of mid-market systems that...…

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October 22, 2018 

Wrong Tax Election for a Cannabis Company Can Lead to Double Taxation

In Loughman v. Commissioner, T.C. Memo 2018-85, the operators of a Colorado cannabis dispensary argued that for a cannabis dispensary operating as an S-Corporation, Section 280E discriminates against S-Corporation shareholders by double taxing income when shareholder salary is disallowed pursuant to Section 280E as a deduction from flow-through S-Corporation income and also included on the...…

 AICPA Honors 4 Members with Sustained Contribution Award

October 22, 2018 

AICPA Honors 4 Members with Sustained Contribution Award

The annual award recognizes CPAs who have contributed measurably to the AICPA and the accounting profession through their dedication to volunteer service. Each recipient has participated in an Institute volunteer committee, task force or resource ...

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October 22, 2018 

Group Says WalMart Heirs Get $1 Million a Day in Tax Breaks

An analysis by the tax reform group Making Change at Walmart (MCAW) has found that the Walton family, the majority owners of Walmart, Inc., have netted an estimated $1.1 million every day for the past 16 years, totaling over $6.5 billion, in dividend ...

 Small Business Optimism at New High

October 22, 2018 

Small Business Optimism at New High

Continued growth and a strong economy have small business optimism reaching post-recession highs, particularly among male business owners, according to Capital One's latest Small Business Growth Index, a biannual survey of 500 small business owners ...

 Vertex Adds Integration with Intershop Commerce Suite

October 22, 2018 

Vertex Adds Integration with Intershop Commerce Suite

Intershop Commerce Suite, an enterprise e-commerce solution for modeling sales processes, helps companies grow and transform their digital business. Using this single platform, businesses can showcase their brands and market their products worldwide.

 TaxSlayer Plans Gator Bowl Party on New Year’s Eve

October 20, 2018 

TaxSlayer Plans Gator Bowl Party on New Year’s Eve

TaxSlayer and the TaxSlayer Gator Bowl alongside Mayor Lenny Curry and TaxSlayer Gator Bowl Chairman Jamie Shelton announced plans for the 2018 TaxSlayer Gator Bowl New Year’s Eve Celebration. The event will be anchored by the TaxSlayer Gator Bowl game, feature a post-game concert by Platinum-selling recording artist Cole Swindell, and conclude with fireworks at...…

 Group Says Tax Reform Hasn’t Helped Small Business Owners

October 19, 2018 

Group Says Tax Reform Hasn’t Helped Small Business Owners

Businesses for Responsible Tax Reform, a nationwide coalition of small business leaders opposed to the tax law, released videos of three business leaders airing their frustration with the law that bypasses the needs of small business owners in favor ...