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 14, 2018
2019 IRS Mileage Rates for Business, Charity, Medical and Moving
The business mileage rate increased 3.5 cents for business travel driven and 2 cents for medical and certain moving expense from the rates for 2018. The charitable rate is set by statute and remains unchanged.
December 14, 2018
Blockchain Can’t Hide Cryptocurrency Revenues from the IRS
Blockchain technology and cryptocurrencies are natural partners, with decentralized control mechanisms and distributed models that emphasize secrecy as much as they offer privacy or security. For the IRS, secrecy is a problem. More precisely, it’s a missed revenue opportunity. In an effort to collect tax on the booming crypto trade, the agency has already...…
December 14, 2018
Charitable Giving, Business Structure, and Estate Plans Top List of Adjustments Post Tax Reform
During initial discussions about tax reform, clients were more optimistic (45 percent) than anxious (40 percent) about the impact it would have on their finances. However, the extremes tell a different story. The proportion of very anxious clients ...
December 14, 2018
Your Firm’s Business Resolutions for the New Year
You’ve probably made a New Year’s resolution a time or two in your life, and, because you are an accountant, you might even have the mindset required to follow through and get your resolution(s) accomplished. But sometimes the list of life changes we ...
December 13, 2018
2018 Year-End Payroll Checklist
One year is ending and another is beginning. It’s a time for wrapping tasks up and starting new things. This includes your payroll. At the end and beginning of each year, there are certain payroll requirements you must complete.
December 13, 2018
AICPA Proposes New Standards for Forensic Accounting
Employment in forensic accounting grew at an annualized rate of 18% from 2012 to 2017 per a report from market research firm IBISWorld, and continued growth is projected in the coming years. With the increasing demand for forensic services, the ...
December 13, 2018
Are Your Clients Responsible for Household Employment Taxes?
As a trusted financial advisor, you can help your clients meet their tax obligations as it relates to household employees, but first you must understand whether their household workers qualify as employees. The IRS defines a household employee as an ...
December 13, 2018
Apps We Love – Food & Drink
This month’s Apps We Love takes us into the holiday season with favorite apps that focus on food and drink. We surveyed members of the CPA Practice Advisor community along with scouring the Internet to learn which apps you can rely on to keep the ...
December 12, 2018
OnPay Partners with Magnify for Agribusiness Payroll
FCSAmerica, a financial cooperative for agriculture businesses, launched Magnify in partnership with software firms Xero and Figured. Their goal was to create an accounting and managerial software system that helps agriculture businesses improve ...
December 12, 2018
62 Percent of U.S. Workers Saw No Pay Increase in 2018
The likelihood of receiving a pay raise, better paying job, or both is higher among higher income households. In fact, the majority of households with income below $50k/year report getting neither a pay raise nor a new better paying job, ...
December 12, 2018
4 Tips to Better Manage Travel, Expense and Invoice Budgets
In a business segment where cash flow is king and growth is the number one priority, it’s getting increasingly difficult for small businesses to track spend against set budgets. Reports are finding effective spend management is tied to strong ...
December 12, 2018
5 Questions a CFO Should Ask During Year-End Business Assessment
We all know time and money are precious. So why wouldn’t you want to assess the very area that could be draining both of those resources? It’s important to analyze how much of this is dedicated to entering data from expense reports and invoices.