Latest Articles

 October 2017 Firm Management Channel

October 18, 2017 

October 2017 Firm Management Channel

It’s ironic that a profession dedicated to minimizing financial risks is so fraught with risk. While many business owners worry about liability and property risk — especially in the immediate wake of Hurricanes Harvey and Irma — insurance for ...

Isaac M. O'Bannon

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October 18, 2017 

Taking a Small Firm to the Cloud

Steve's practice uses AccountantsWorld's Accounting Power system, which makes it easy to collaborate with clients to share data, includes strong financial reporting and write-up functions, has trial balance, and includes a full bookkeeping system for ...

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October 18, 2017 

Employees Want More Innovation but Managers Often Hinder Progress

Companies may be their own worst enemy when it comes to innovation, research suggests. In a new survey by global staffing firm Robert Half, CFOs cited too much bureaucracy (30 percent) and being bogged down by daily tasks and putting out fires (27 percent) as the biggest barriers to innovation. These obstacles may also have...…

 October 2017 Tax Channel

October 17, 2017 

October 2017 Tax Channel

As with previous proposals, the new plan promises to cut taxes for individuals and businesses, while wiping out deductions and repealing other controversial tax provisions.

Isaac M. O'Bannon

 Combating Tax-Related Identity Theft

October 17, 2017 

Combating Tax-Related Identity Theft

Millions of Americans have their identities stolen each year with 15.4 million victims in 2016, according to Javelin Strategy & Research. This year's Equifax breach may have exposed ten times that number: 143 million. Tax-related identity theft remains...

Dave DuVal

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October 16, 2017 

Break out the Champagne! It’s National Spreadsheet Day!

So yes, National Spreadsheet Day is a day to celebrate. And it should be. VisiCalc, followed by Lotus 1-2-3 in 1983 and Microsoft Excel in 1987, transformed how organizations kept their books, developed their plans and budgets, and came up with forecasts.

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October 13, 2017 

Are You Up-to-Date on Per Diem Rules?

The federal government and all states have three systems to compensate employees for per diems. Using per diems not to exceed federal rules are a worry-free, documentation-free way for employers to cover expenses while employees travel overnight for ...

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October 13, 2017 

70% of Corporate Tax Pros Expect Tax Reform in Next 6 Months

The survey also found that most concerning to international tax professionals was the potential increase in disclosure, reporting and transparency requirements globally, with 99% of survey respondents anticipating an increase or substantial increase.

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October 13, 2017 

Same Day ACH

Last year, financial institutions, businesses and consumers using the Automated Clearing House (ACH) payments network gained the ability to send and receive same-day credits in the first of three same-day ACH rollout phases. Companies have since ...