Latest Articles

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February 8, 2018 

Forget Trying to Call the IRS and Find Answers Online

Even without a government shutdown, taxpayers are having trouble getting through to the IRS at the start of the 2018 tax filing season. Busy signals and long hold times are leading to frustration. We’ve even heard of waits of longer than an hour on the...

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February 8, 2018 

Why Bother with Project Accounting?

While standard financial accounting is essential for the health of your business, project accounting helps drive the success of individual engagements. Project accounting is more about the details – and viability – of every single active and inactive ...

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February 8, 2018 

The Basics of Entity Structuring

When structuring an entity for a client, it is important to know a few basic things. The legalities (if you don’t know ask an attorney), and the taxation of said entity. As far as the legalities, in my state of Florida, a single member limited ...

 Keynote Speakers Announced for AICPA Engage

February 8, 2018 

Keynote Speakers Announced for AICPA Engage

Two conferences have been added to the AICPA ENGAGE lineup this year – the EDGE Career Development Conference, designed for standout young CPAs, and the CPA Firm Management Association’s National Practice Management Conference – bringing the total ...

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February 8, 2018 

EY Launches New Advanced Portal System EY Interact

The EY Americas Tax practice today launched EY Interact, the firm’s new program that provides real-time access and visibility to tax engagements. While collaboration portals exist, EY Interact gives clients one site to access all of their work products and engagement data, and to receive personalized alerts and secure document sharing across their EY tax...…

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February 8, 2018 

Are CFOs and Auditors Too Cozy?

In accounting, the term "familiarity threat" refers to the threat to auditor independence that arises when a CFO or other top executive of a company being audited was formerly employed by the accounting firm conducting the audit. In the years leading ...

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February 7, 2018 

Estate Planning and the 2018 Tax Reform Law

For most practitioners the estate tax hasn’t come into play for many years. Instead of eliminating the estate tax, the estate tax exemption has been raised to $11 million for an individual, and $22 million for a married couple that elects portability.

Craig Smalley

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February 7, 2018 

721 Sales Tax Rates Changed in 2017

According to the annual year-end tax rate study issued by Vertex Inc., a tax technology provider, there were 721 total US sales tax rate changes in 2017, a substantial increase of 29.21 percent from the 558 changes that occurred in 2016.