Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
December 27, 2018
The Tax Blotter – New Year’s Edition
Although you can’t deduct the cost of commuting back and forth from work, the tax law provides various benefits associated with driving your vehicle. Following are some new developments affecting mobile taxpayers. More tax mileage in ‘19. The IRS recently announced new optional standard mileage rates for 2019 (IR-2018-251, 12/14/18). Accordingly, the rate for business...…
December 26, 2018
6 Reasons Small Business Owners Should Hire a Tax Pro
For individuals with more complex incomes, such as revenue from businesses, income from interest and dividends, capital gains on a home sale or foreign assets, seeking the expertise of a professional can save time, money and potential legal complications.
December 26, 2018
Businesses May Abuse Research Tax Credit
The watchdog agency tasked with overseeing the IRS reports that the agency doesn't have the ability to identify small businesses that meet or do not meet the eligibility requirements of the Research Tax Credit Payroll Tax Offset. The Treasury Inspector...
December 26, 2018
48% of CFOs Lack Succession Plan
Research suggests small businesses (20-49 employees), in particular, may be less prepared to deal with potential leadership changes, with only 37 percent of financial executives at those companies citing they have an heir apparent.
December 26, 2018
8 Workplace Trends to Watch in 2019
As employers and job seekers look ahead to the new year, many experts are offering their predictions outlining the trends and changes 2019 will bring to the world of work.
December 26, 2018
Digital Business Bill Payments Now Firmly Mainstream, According to Accountants
Many accountants are throwing away paper checks in favor of digital business payments when it comes time to pay the bills, according to the Rise of Modern Business Payments report prepared by Bill.com, the digital business payments leader.
December 26, 2018
IRS Tax Return Stats for 2018 Tax Season
The IRS issued more than $282 billion in refunds to 101 million taxpayers during peak tax season in 2018. The average refund was nearly $2,600.
December 21, 2018
What’s a CPA? What’s GAAP? Who is Dodd-Frank? What’s Up With SOX?
To all of our CPA members: you are more valuable than you know – to your clients, organizations, and the public. From MACPA, happy holidays! www.macpa.org
December 21, 2018
2019 Income Tax Refund Chart: Estimate When You Will Get Your IRS Tax Refund
Wondering when you will get your 2019 income tax refund? We have the answer in a simple chart. (See below.)
December 21, 2018
Tax Court Clarifies What Cost of Goods Sold is for Cannabis Companies
In Patience Mutual Assistance Corp, et al, the Tax Court has denied a California medical cannabis company’s deduction for ordinary and necessary expenses, and cost of goods sold (COGS).
December 21, 2018
CCH Axcess Adds Integration with Xero Partner for Business Tax Prep, Trial Balance
The integration is generating excitement from professionals. Donna Bordeaux of Calculated Moves, PC shares, “We are excited about the new integration, in North America, between Wolters Kluwer and Xero. We will no longer have to spend time diagnosing ...
December 21, 2018
Tech and Tax: How CPAs Need to Prepare for the Intersection in 2019
We’ve moved past the basics of cloud—it’s no longer just a buzzword—but there’s still a significant need for education. While initial adoption may have swung in the direction of public cloud, this is largely due to a lack of understanding when it ...