Advisory April 24, 2026
5 M&A Signals CPAs Should Be Watching for Their Clients in 2026
The choppiness of the M&A market is an opening, not an obstacle. Use it to build a stronger advisory foundation with the clients who need it most.
January 16, 2018
More Staff Soon for IRS, Predicts Treasury Secretary Mnuchin
Treasury Secretary Steven Mnuchin predicted on January 12 that the IRS will hire more employees to implement in the Tax Cuts and Jobs Act (P.L. 115-97). “Our number one issue is implementing the new tax law,” Mnuchin said. Also, the Treasury ...
January 16, 2018
IRS Offers Guidance on Passport Denial and Revocation for Serious Tax Delinquency
The State Department may also revoke or limit a previously issued passport. The IRS and the State Department will begin implementation of these rules in January 2018.
January 16, 2018
Survey: The More Americans Understand Issue, The More They Support Net Neutrality
Half of all US consumers report that they understand the issue of net neutrality – regardless of whether they are following the neutrality debate closely. Among those who say they do understand net neutrality, 72% favor it – 8 points higher than the...
January 16, 2018
Online Fraud Attempts Spiked During Holiday Shopping Season
Online fraud attempts and general retail transaction volumes increased substantially during the 2017 holiday season, according to new benchmark data from ACI Worldwide. Fraud attempts in the period from Thanksgiving Day to December 31 increased by 22 ...
January 16, 2018
Affluent Americans Shopping More at Discount Retailers
42 percent of affluent shoppers now frequently shop at discount retailers versus only 27 percent at full price retailers, with 36 percent saying their discount shopping has increased. Twenty-one percent of affluent respondents also reported they were ...
January 16, 2018
Accounting Automation in 2018: Are You Keeping Up?
In 2018, keeping up with your peers in other businesses means one thing: automation. It’s this year’s buzzword where accounting is concerned. In fact, according to a 2015 study by PwC, accounting clerks and bookkeepers comprised the #1 profession most ...
January 15, 2018
The 10 Biggest Cyber Attacks of 2017
From the spread ransomware attacks to targeted data breaches, no business is safe from the hands of a hacker. We take a look back at 2017 to uncover some of the biggest and most shocking cyber attacks on some of the world’s largest companies. More than any other, 2017 has been the year of the...…
January 15, 2018
Nearly Half of Small Businesses Support Paid Family Leave Legislation
While 48% of small business owners say they would support legislation requiring paid family leave, larger businesses are much more likely to do so with 78% of those respondents with 20-500 employees indicating they would support such legislation.
January 15, 2018
Supreme Court May Change Online Sales Tax Law
If SCOTUS decides in favor of South Dakota, that decision would pave the way for all states to tax remote sales. Exactly how they would do that is, at this point, unclear.
January 13, 2018
U.S. Supreme Court Will Hear Challenge to Quill Sales Tax Ruling
The U.S. Supreme Court has agreed to consider a case that has the potential to change how states can tax sales by ecommerce merchants and other out-of-state sellers. The case, South Dakota v. Wayfair, Inc., challenges the Court's decision in Quill Corp. v
January 12, 2018
Paychex Updates New Payroll Tax Withholding Tables
IRS Notice 1036, the just-released guidance, instructs employers how to appropriately withhold wages from their employees’ paychecks in 2018. The new tables reflect the increase in the standard deduction, repeal of personal exemptions, and changes in ...
January 12, 2018
Cryptocurrency, Taxation, and Initial Coin Offerings
The IRS classifies cryptocurrency as property, then they turn around and issue John Doe Summonses[2] to Coinbase, which was the same thing the IRS did to foreign bank accounts, seemingly treating coin as currency. However the taxation of coin works ...