Latest Articles

 November 2017 Firm Management Channel

November 20, 2017 

November 2017 Firm Management Channel

Accounting Firm Cybersecurity: Training Your Staff and Protecting Your Business By Christina Wiseman, Thomson Reuters From the Thomson Reuters blog. It probably won’t surprise you to hear that tax identity theft is on the rise. In response to this increase in tax-related ID theft, last year the IRS rolled out new security requirements that recommended...…

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November 20, 2017 

Business Continuity and the Cloud for Accounting Firms

When hurricane Harvey approached Houston, Wesley Middleton of MiddletonRaines+Zapata didn’t have to worry about his firm’s business continuity plan. At the recent CCH Connections: User Conference 2017, Middleton talked to Jody Padar (the Radical CPA) ...

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November 20, 2017 

GASB Clarifies Guidance on Majority Equity Interests

The Governmental Accounting Standards Board (GASB) has proposed guidance that would clarify the accounting and financial reporting for a state or local government’s majority equity interest in an organization that remains legally separate after ...

 Small Business Revenues and Confidence Surge

November 20, 2017 

Small Business Revenues and Confidence Surge

The positive outlook on the economy bodes well for growth, as 92 percent of small business owners indicated that a positive economic environment is a critical factor to their ability to grow. Other growth factors include customer demand (93 percent), ...

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November 20, 2017 

November 2017 Payroll Channel

The IRS has announced the 2018 cost-of-living adjustments (COLAs) with respect to retirement plan limits. Many limits, which are adjusted by reference to Code Sec. 415(d), are changed for 2018 since the increase in the cost-of-living index met the ...

 Ranking the Best Cities for Veteran Business Owners

November 20, 2017 

Ranking the Best Cities for Veteran Business Owners

Veterans continue to do more than their fair share after leaving the military: More than one-in-four veterans in the workforce are running their own business, a rate that is 7.7 percentage points greater than the national average, according to the ...

 Health Insurance Rates Skyrocket for Small Business

November 20, 2017 

Health Insurance Rates Skyrocket for Small Business

While growth rates in insurance premiums have slowed in recent years, from 10 percent in 2014 to 7 percent in 2017, typical small business owners still spend about $500 per month on premiums to cover themselves and/or their families.

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November 20, 2017 

5 Must-Have Workplace Policies

By implementing or updating as needed, and consistently enforcing five (5) practical and well-known workplace policies, most employers can dramatically decrease the potential that a workplace decision involving an employee will result in ...

Richard D. Alaniz, JD

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November 20, 2017 

Valuation of a Cannabis Business

The Internal Revenue Code is so vast, and the laws surrounding cannabis are so complicated, that you have to stay up to date on the pulse of the community. My license is a Federal License and I have about 75 cannabis clients all over the country.

Craig Smalley

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November 20, 2017 

5 Hiring and Salary Trends for 2018

Demand for accounting professionals remains high, while unemployment for accountants and auditors remains low, below the national average. This is putting pressure on and intensifying hiring competition for accounting firms.

Paul McDonald

What is Nexus for Sales Taxes?

November 20, 2017 

What is Nexus for Sales Taxes?

Each state, and sometimes each jurisdiction within a state, has different standards for when a company is required to collect and remit sales tax. The legal term for this requirement is called nexus. Learn the basic concepts behind nexus and your company’s relationship with taxing jurisdictions.