Latest Articles

August 21, 2018 

The AICPA has projected that 75% of CPAs will be eligible to retire in the next 15 years, and most will be men. Meanwhile, the number of women graduating college with accounting degrees has reached near parity with men, over the last decade. Thus, we have a situation where most partners are reaching retirement age,...…

August 21, 2018 

Thomson Reuters has released a Checkpoint report that provides guidance on a new Financial Accounting Standards Board (FASB) accounting standard related to the preparation of financial statements for nonprofit organizations.

August 21, 2018 

Experts predict that America’s cannabis industry will continue to grow over the next four years. The legal cannabis market was worth an estimated $7.2 billion in 2016 and is projected to grow. Medical marijuana sales are projected to grow ...

August 21, 2018 

Summer is often thought of as the marriage season, so what better time to review some of the recent marriages impacting the technology sector of the accounting profession?

Gail Perry

August 21, 2018  Sponsored

Value pricing is based on the maximum amount a given client is willing to pay for a service, typically set before the work begins. Conversely, value billing is usually marking up – or more frequently marking down – the invoice to the client after the ...

August 20, 2018 

Accounting firms of every size plan to increase their use of social media, according to the 2018 Marketing and Business Development Strategies at Accounting Firms study by Capstone Marketing and Bay Street Group, published by CPA Trendlines.

August 20, 2018 

Inviso Practice IQ is a powerful, user-friendly solution that leverages Microsoft Power BI and integrates directly with Wolters Kluwer’s CCH ProSystem fx Practice Management to provide a comprehensive reporting platform for optimal visualization into ...

August 20, 2018 

Owning your own business means staying current on new laws, requirements and filings. That’s a lot to tackle, and in many cases your clients rely on you to keep them compliant. Do your clients even know they need to maintain their corporation or LLC ...

Nellie Akalp

August 20, 2018 

Generally, employees can satisfy their annual tax obligations by having enough tax withheld from their paychecks during the course of the year. However, if you fail to pay enough tax, including both withholding and any quarterly installments, the IRS ...

Ken Berry, JD

August 20, 2018 

One of the top challenges business executives face today is finding and retaining the best and brightest employees in their industry.

Heidi Mausbach

August 20, 2018 

Four Ways to Evolve Your Auditing Firm Today By Matt Towers, Product Manager, Thomson Reuters Tax & Accounting By now, most of us have been exposed to some sort of doom and gloom message about automated systems and ‘robots’ taking over the future of the tax and accounting profession. Google “jobs most likely to be...…

August 20, 2018 

Bill Would Allow IRS to License and Regulate Tax Preparers By Isaac M. O’Bannon, Managing Editor Senator Rob Portman (R-Ohio) has introduced a new bill in the Senate that would give the Internal Revenue Service the authority to regulate income tax return preparers. The bill is cosponsored by Senator Ben Cardin (D-Missouri). The IRS attempted...…