Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
August 20, 2018
Apps We Love: Food Delivery Apps
In case you haven’t noticed, getting fed by phone is very commonplace these days. Whether you’re calling in for lunch at the office, getting home at the end of the day and feeling too exhausted to cook, requesting food for a party, making sure your ...
August 19, 2018
What is a Best-in-Class Accounting Firm?
I recently spoke at a BDO Alliance conference where the theme was identifying traits of high performing firms and their leaders. One speaker used a bell curve to describe ‘best in class’ firms, with the majority of firms falling in the middle or ...
August 19, 2018
A New Outlook for Your Accounting Practice
Change vs. Old School is something the accounting profession has had to deal with in recent years too, and while that theme isn’t new to these pages, I’d like to give it a bit of a different twist.
August 19, 2018
Survey: 25% of Business Energy Needs May Be Generated Onsite by 2025
Most businesses will take control of their own energy use by generating a quarter of their electricity onsite by 2025, with 81% of U.S. businesses predicting this change will take place in just seven years.
August 19, 2018
GASB Proposes Improvements to Reporting of Conduit Debt Obligations
Conduit debt obligations are debt instruments issued by a state or local government to provide financing for a specific third party that is primarily liable for repaying the debt instrument. Third parties sometimes seek this kind of financing for ...
August 19, 2018
3 Sales Tax Mistakes New Business Owners Must Avoid
Here are three sales tax mistakes a lot of small business owners make when they’re first starting out (and in some cases, even after they’ve been up and running for years).
August 19, 2018
FASB Proposes Narrow-Scope Improvements to Accounting for Lessors
In 2016 the FASB issued Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), that establishes the principles to report transparent and economically neutral information about the assets and liabilities that arise from leases.
August 19, 2018
Financial Execs Plan to Modernize Compliance in Coming Year
Almost half (48.3 percent) of risk and compliance, internal audit, C-suite executive and board professionals plan to modernize their compliance functions by changing core compliance execution practices during the next 12 months, according to a recent ...
August 18, 2018
August 2018 Firm Management Channel
How to Smoke the Competition When Marketing to Cannabis Clients By Becky Livingston, Penheel Marketing (https://penheel.com) As of August 2018, 31 states and D.C. have laws that broadly legalize the use of marijuana. What does that mean for accounting firm’s looking to increase clients in this area? Opportunity! As with any new industry, accountants have...…
August 17, 2018
High Income Wage Earners Need to Review Their W-4
High-income wage earners and those with complex tax returns are being urged to check their withholding soon to avoid an unexpected tax bill or penalty when they file their 2018 federal income tax return in 2019.
August 17, 2018
August 2018 Payroll Channel
Big Changes for the New W-4 Form By James Paille, Thomson Reuters The pre-draft 2019 W-4 has been released, and it’s a major change from previous versions of the W-4. The new W-4 doesn’t have a way to number allowances — instead, four new boxes that instruct the taxpayer to predict income and deductions replace...…
August 17, 2018
Thomson Reuters Launches Cloud-Based Accounting Application for Small Businesses: OnBalance Express
Thomson Reuters has launched OnBalance Express, a cloud-based accounting application that helps small business owners run their businesses from anywhere with ease. The web and mobile app combines the accessibility and security of cloud accounting ...