Latest Articles

Firm Automation

February 28, 2018 

CFOs Say Automation is Negating Need for Excel Skills

CFOs are embracing automation across various areas of finance, driven in large part by a requirement to be more strategic and provide better analyses. That's according to the latest global CFO Indicator report from Adaptive Insights, which explores ...

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February 27, 2018 

IRS Gives Americans Anxiety and Incites Confusion

Nearly half of Americans (47%) feel anxious when they receive any correspondence from the IRS, and nearly a third (29%) worry they will be audited despite the majority of taxpayers (65%) saying they are very confident their tax returns are error free.

 Nevada To Regulate Tax Preparers, Require Bonds

February 27, 2018 

Nevada To Regulate Tax Preparers, Require Bonds

Nevada tax preparers have been required to comply with a number of new requirements as of July of last year. These requirements include the necessity to pay application and renewal fees to become registered as a document preparation service, as well as...

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February 27, 2018 

Hong Kong CPA Firm Joins PrimeGlobal

The Hong Kong-based accounting firm, D & Partners CPA Limited has joined Prime Global, an international association of accounting firms. D & PARTNERS will join the Association’s Asia Pacific region.

 Key Exception in New Mortgage Interest Deduction Rules

February 26, 2018 

Key Exception in New Mortgage Interest Deduction Rules

Prior to the TCJA, a taxpayer could deduct mortgage interest for a qualified residence on the first $1 million of acquisition debt and the first $100,000 of home equity debt. “Acquisition debt” is defined as a loan used to buy, build or substantially ...

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February 26, 2018 

Tax Identity Theft Cases Drop for Second Year

Key indicators of identity theft dropped for the second year in a row in 2017. This includes a 40 percent decline in taxpayers reporting they are victims of identity theft in 2016. Since 2015, the number of tax-related identity theft victims has fallen...

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February 26, 2018 

7 Questions to Gain More Business Valuation Engagements

Business owners have 80 to 90 percent of their financial wealth locked up within their businesses, according to the Exit Planning Institute, which trains and advises succession planning professionals. However, survey after survey by the institute ...

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February 26, 2018 

Why Tech Adoption Should Matter to Your Firm

Technology is everywhere and it’s being adopted at rapid rates. Most likely, your clients are using the latest technology. Being informed and “in-the-know” could be important to retaining and acquiring clients, whether they’ve said so or not.