Latest Articles

September 5, 2018 

Managing inventory properly is a critical function for retail-based businesses, as well as for service-based businesses, like plumbers and electricians, who may sell products along with the services. This is because inventory costs reflect affect actual profit, and inventory in stock affects is considered an asset for balance sheet, business valuation and taxation purposes.

Isaac M. O'Bannon

September 5, 2018 

Confidence in the economy was reflected in small business owner attitudes about their current and future financial situation. In the July Wells Fargo/Gallup Small Business Index, 78 percent of small business owners reported their financial situation ...

September 5, 2018 

On September 11, 2001, 19 militants associated with the Islamic extremist group al-Qaeda hijacked four airplanes and carried out suicide attacks against targets in the United States. Two of the planes were flown into the twin towers of the World Trade Center in New York City, a third plane hit the Pentagon just outside Washington,...…

September 5, 2018 

If you don’t pay your taxes, the IRS may revoke your passport. And you might not even know until you get to the airport.

Craig Smalley

September 5, 2018 

Xero, the global small business platform, has added major new products and features that allow owners and their advisors to build more efficient and profitable operations. Announced in front of 3500 attendees at the largest ever Xerocon in Brisbane, the new features make it easier to collate information from hundreds of sources, gain a single...…

September 5, 2018 

The international administration of the exam, which is offered in English, is the same as the exam administered by the AICPA, NASBA, and Prometric in the United States. The content of the exam is closely aligned with the work a newly licensed ...

September 5, 2018 

The ABC is dedicated to educating businesses and organizations on accounting matters relevant to digital assets and distributed ledger technology, including blockchain. As an ABC member, EisnerAmper will collaborate with other industry leaders to ...

September 5, 2018 

Asked to consider the future of payroll for their businesses, employers cite direct deposit as the functionality they are most likely to offer employees in the next year.

September 5, 2018 

We can’t all be financial wizards, that is unfortunately and undoubtedly true. But as we navigate through different life stages, the urgency to acknowledge and grasp what numerous financial terms mean becomes ever apparent when making tough financial ...

September 4, 2018 

With GDP now hovering around four percent and consumer confidence reaching highs not seen since before the dot-com crash, the economy is finally starting to look favorable for accounting firms. Tempering this enthusiasm is the constant concern that increased computing power will continue to make inroads, and eventually automate, the traditional practice areas such as...…

September 4, 2018 

The American Institute of CPAs (AICPA) has submitted two letters to government officials relating to the mandatory repatriation tax on foreign earnings generally effective for tax year 2017, as required by the Tax Cuts and Jobs Act’s (TCJA) ...

September 4, 2018 

Cybercriminals often leave few signs of their burglary until the fraudulent tax returns are filed and clients are harmed. This is one more reason tax professionals should use strong security protections to prevent data theft from occurring.