Latest Articles

economy crash 450 252 1  56bb85d3a0b47

September 23, 2017 

CFOs Less Optimistic on Economy

After two strong quarters to start 2017, CFOs’ assessments of the current status of the North American economy remain high in the third quarter, with 64 percent saying current conditions are good compared with 65 percent last quarter.

payroll and the restaurant industry 1  59c6829f1f2ef

September 23, 2017 

Payroll and the Restaurant Industry

Among all of the industries employing people in the United States, few have a tougher time with payroll than the restaurant industry. The complex nature of operating a restaurant can make payroll processing a challenge for restauranteurs, especially those that are independently operated. The overhead costs are high, including rent, equipment, licenses and insurance. In...…

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September 23, 2017 

Washington Accounting Firm Joins CPAsNET

Cordell, Neher & Company PLLC a public accounting firm with offices in North Central Washington, has been selected to join CPAsNET, a network of exceptional accounting firms. Fewer than 30 firms in the nation have the opportunity to be invited to join...

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September 23, 2017 

IRS Issues Guidance on Research Credit

Independently determining the correct amount of Research Credit claimed by LB&I taxpayers can be resource intensive for those taxpayers and LB&I examiners. The directive is intended to provide an efficient approach for determining the amount of ...

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September 21, 2017 

Crowe Horwath Acquires Rowbotham

Established in 1991, Rowbotham has four partners and 20 professionals who will join Crowe. The firm’s clients include startup companies, as well as domestic and international investment funds. Private clients include global families, executives and ...

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September 21, 2017 

Grant Thornton Adds Cybersecurity Awareness and Testing Services

Grant Thornton Cybersecurity Awareness and Testing services offers small, medium and enterprise-sized businesses the ability to identify specific threats facing their organizations and industries. The new capability is designed to define a sound ...

 2018 Tax Tables and Brackets: Deductions Go Up

September 21, 2017 

2018 Tax Tables and Brackets: Deductions Go Up

The ranges of the income brackets have been pushed upward and there are increases to the standard deduction and exemption amounts, the taxes due on the same income decrease from year to year. For example, suppose married taxpayers filing jointly ...

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September 21, 2017 

September 2017 Tax Channel

Most business owners want the same thing; they want to pass on their business to their kids. Others may want to sell the business, and some just want to give it away. However, all these options have unique tax concerns that must be considered.

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September 21, 2017 

September 2017 Accounting & Audit Channel

The relentless advance of technology. You are aware of it. Whether you are boomer, a millennial, or even Gen Z (some call them the “iGeneration”). We can’t deny it. We live in a time of technological marvels. And the velocity of development related to ...

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September 21, 2017 

September 2017 Firm Management Channel

The office network that tax professionals and accountants use is at risk by hackers looking to do more than just peek at client information: The hackers are trying to take those networks over, says the IRS and state tax agencies. If that happens, the ...

Isaac M. O'Bannon

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September 20, 2017 

Survey Pinpoints Costs of New Labor Regulations

As the U.S. Senate and U.S. House of Representatives return to session, a new survey from The Workforce Institute at Kronos Incorporated and Future Workplace reveals it can cost organizations as much as $100,000 each time a federal, state, or even local labor-related regulation is created or changed. “The $100,000 Bill” report is based on...…

Isaac M. O'Bannon