Technology February 9, 2026
Botkeeper is Closing Its Doors
In a statement posted on the Botkeeper website over the weekend, Enrico Palmerino wrote that the automated bookkeeping platform he founded in 2015 is shutting down.
December 3, 2017
New Tax Reform Law Restricts 401(k) Contributions
An amendment to the Senate version of the sweeping new tax reform bill hinders the ability of older Americans to build up their retirement funds on a pre-tax basis.
December 3, 2017
Organizations Look to De-Risk by Exiting Relationships with High Risk Third Party Vendors
Insurance companies, including healthcare payers, appear much more likely to make de-risking moves, with cost concerns and a lack of internal expertise to evaluate vendor controls cited as other primary reasons. The study, now in its fourth year ...
December 2, 2017
Judge Overturns DHS Delay of International Entrepreneur Rule
Foreign entrepreneurs who want to build innovative companies in the U.S. received good news last week when United States District Judge James E. Boasberg of the U.S. District Court for the District of Columbia ruled in favor of a lawsuit filed by the ...
December 2, 2017
Senate Passes GOP Tax Reform Bill
In a 51-49 vote following party lines, the Senate approved its version of the tax reform bill during a marathon session, with only one Republican, Tennessee Senator Bob Corker, voting against the measure. But it took some late additions – in barely ...
December 2, 2017
Senate Passes Republican Tax Reform Plan 51-49
The property tax deduction will be capped at $10,000, as proposed in the House bill, making reconciliation between the chambers potentially easier, especially because the provision was important to House Republicans from New York, California and other ...
November 30, 2017
Gross Mendelsohn Merges With Northern Virginia CPA Firm
Gross, Mendelsohn & Associates, P.A. is has merged with Gurman & Company, a Fairfax, Virginia, based CPA and consulting firm. The merger is effective November 30, 2017.
November 30, 2017
Tax Court Shoots Down Donations by Big Game Hunter
Generally, you can deduct the initial cost of property donated to a qualified charitable organization However, if the property would have produced a long-term capital gain had it been sold instead of donated – in other words, it was held for more than ...
November 30, 2017
Things Your Tax Preparer Won’t Tell You
Although there are close to 1 million accountants nationwide, only about 40 percent of them have credentials and have to meet continuing education requirements, such as a CPA (Certified Public Accountant), EA (Enrolled Agent) or attorney.
November 30, 2017
Study Shows Investors Punish Companies for Late Financial Statements
The researchers also investigate investors’ response to four explanations companies give on Form NT for late 10-Q or 10-K filings – accounting reasons (the ones most frequently offered); corporate events, such as mergers or CEO incapacity; multiple ...
November 30, 2017
AICPA Auditing Standards Board Aims to Enhance Relevance and Usefulness of Auditor’s Reports
The AICPA Auditing Standards Board (ASB) has released three exposure drafts for comment that seek to enhance the relevance and usefulness of the auditor’s report.
November 30, 2017
Mazars Acquires New York-Based Accounting Firm Elliot Horowitz & Company
Elliot Horowitz & Company is a New York based firm which provides a broad variety of accounting, tax and consulting services geared toward entrepreneurial businesses and high net worth individuals.
November 30, 2017
Accounting Pros Optimistic on Automation of Profession
More than nine in ten finance and accounting professionals (92%) are optimistic about increased automation in the profession, according to new research from Renaix, the international recruitment consultancy for finance and accounting.