Latest Articles

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January 18, 2018 

29% of Workers Hope for New Job in 2018

Workers may be thinking "new year, new job," according to a survey from staffing firm Accountemps. Approximately three in 10 (29 percent) professionals plan to look for a new position in the next 12 months.

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January 18, 2018 

2018 IRS Income Tax Refund Schedule

The IRS will begin processing tax returns on January 29, 2018, for income earned in 2017. In general, the IRS says that returns with refunds are processed and payments issued within 21 days. For paper filers, this can take much longer, however.

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January 17, 2018 

IRS Warns of Tax Scam with Fake W-2 Forms

Here’s how the scam works: Cybercriminals do their homework, identifying chief operating officers, school executives or others in positions of authority. Using a technique known as business email compromise (BEC) or business email spoofing (BES), ...

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January 16, 2018 

Buying Out Retiring Partners

Many firms focus first on the financial terms of the buyout as the most critical issue. While this is important (and discussed below) it pales in comparison to assuring you have competent replacement partners in place and a strong transition plan for ...

Terry Putney

MarksPaneth

January 16, 2018 

Marks Paneth LLP Acquires Buck Sturmer & Co.

With offices in New York City and Westchester County, Buck Sturmer provided comprehensive accounting, tax and consulting services to high-net-worth individuals, families and businesses for more than 50 years.

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January 16, 2018 

Public Company Audit Fees Increase by a Median 1.3 Percent

Public companies reported a median increase of 1.3 percent, compared with 1.6 percent in 2015. Private companies reported a median increase of 3.7 percent, compared with 2.9 percent for 2015 audits. Non-profit respondents reported a median increase ...

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January 16, 2018 

IIA Announces Key Updates to CIA Certification Exam

The Institute of Internal Auditors (IIA) has announced important updates to the Certified Internal Auditor (CIA) Examination. The CIA exam is a three-part exam designed to test candidates’ knowledge, skills, and abilities related to current global ...

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January 16, 2018 

Vertex Cloud Indirect Tax Announces SOC 2 Type 2 Completion

Vertex Cloud’s SOC 2 report validates the security of hosted solutions and helps satisfy customer requirements. This includes obtaining assurance over third-parties who host their data and the effectiveness of the solution’s compliance or operations ...