Advisory April 24, 2026
5 M&A Signals CPAs Should Be Watching for Their Clients in 2026
The choppiness of the M&A market is an opening, not an obstacle. Use it to build a stronger advisory foundation with the clients who need it most.
June 25, 2018
AICPA and Small Business Administration Form Alliance
As part of this collaboration, the AICPA will be able to direct CPAs whose clients are confronting federal regulatory compliance or enforcement challenges to designated SBA Office of the National Ombudsman (ONO) contacts for assistance in resolving ...
June 25, 2018
Machine Learning and Digital Finance: Empowering Intelligent and Integrated Payment Clearing
In today’s real-time digital world, businesses need to adapt to dynamic opportunities quickly. Finance teams in particular are under pressure to reduce their operating costs, while acting as a strategic partner to various parts of the business. The expectations are clear – reduce the effort spent on manual, routine tasks and focus on new insights...…
June 25, 2018
Securely Sharing Client Documents: It’s Time to Consider a Portal
How does your firm exchange important financial documents with clients? Do clients send earnings statements and tax documents by regular mail, or perhaps as email attachments? In the event of an audit, how are PBC (prepared by client) supporting documents delivered? Finally, how does your firm exchange documents requiring client signature? Tax and financial documents...…
June 25, 2018
Forward-Looking Statements Still Mislead Investors, Despite Disclaimers
The first is that, when nonprofessional investors are presented with either of two press releases announcing earnings results for the same company, one containing optimistic forward-looking statements the other not, the former elicits a markedly ...
June 25, 2018
Supreme Court Says Railroad Stock Options Aren’t Taxable Compensation
In a new case harkening back to the days of F.D.R., the U.S. Supreme Court decided by a narrow 5-4 vote that stock options paid to employees who were “working on the railroad” do not constitute taxable compensation (Wisconsin Central Ltd, v. U.S. ...
June 25, 2018
Bill.com Launches New Accountant Resource Center
As accounting firms look to grow their firms and expand their client accounting services (CAS) practices, they are finding automated payment solutions like Bill.com an ideal entry point for clients to easily outsource more of their accounting needs.
June 22, 2018
SCOTUS Decision in S. Dakota v. Wayfair Grants States More Power on Sales Taxes
The Supreme Court has ruled the physical presence standard it upheld in Quill Corp. v. North Dakota (1992) is “unsound and incorrect.” That means states are allowed to tax businesses that don’t have a physical presence in the state.
June 22, 2018
What Supreme Court Wayfair Decision Means for Online Sales Taxes
On Thursday, the U.S. Supreme Court announced its decision in the South Dakota v. Wayfair, Inc. case to overturn the 1992 Quill, Corp. v. North Dakota nexus holding that a company must have a physical presence in a state before it can be held liable ...
June 22, 2018
California CPA Society Gets New Chairman
Lewis Sharpstone, CPA, will focus on the "P" (for "public") in the professional designation "certified public accountant" during his 2018-19 tenure as chair of the California Society of CPAs (CalCPA.org), the nation's largest state CPA society.
June 22, 2018
Thomson Reuters Passes 250 Firm Milestone with Progressive Practice Forward Offering
Thomson Reuters is marking the 250th firm to benefit from Practice Forward, an innovative program that guides firms through a business model transformational roadmap, culminating in a client service approach that is proactive, harnesses the unique ...
June 22, 2018
Detecting and preventing expense reimbursement fraud
According to the Association of Certified Fraud Examiners’ 2018 Report to the Nations, expense reimbursement fraud accounts for 21 percent of fraud in small businesses (
June 22, 2018
How the ‘Hollywood Model’ of Work Could Change HR and Accounting
When someone talks about the Hollywood model, they are referring to the workplace methods movie studios use to make films. While most of us tend to think of films based on the actors who star in them—or perhaps based on the directors who made them ..