Latest Articles

May 22, 2017 

Remote work is a popular topic of discussion at many firms across the country. Yet few firms sit down to flesh out detailed policies for remote workers before their first virtual employee is in place. Typically, one valuable employee requests to work ...

Jim Boomer

Technology May 22, 2017 

Transitioning from a traditional IT setup to the cloud can not only save your business IT dollars, but it has nontangible benefits as well. One of those benefits is creating a better work-life balance for your employees.

Christopher Stark

May 22, 2017 

As a former managing partner (MP) with a firm who religiously held an annual retreat, I can offer a few tips to you from experience that will help you get the most out of the process. You're investing a lot of time (= money) taking your top talent ...

Gary Adamson

May 22, 2017 

When you’re thinking about your insurance needs, where do you turn? We wondered if there were apps to help us and started doing some research. Here’s what we found, with the help of some of our members of the CPA Practice Advisor community.

Gail Perry

May 22, 2017 

Farming has often been viewed as the backbone of the American economy. While technology and other recent developments may have changed this thinking, farmers still enjoy a preferred status, at least as federal income taxes are concerned. For instance, ...

Ken Berry, JD

May 22, 2017 

I have a client, a husband and wife, and about fifteen years ago the wife went to prison for embezzling money from her employer. In 2007, when she began serving her sentence, her retirement accounts and everything else were liquidated to pay ...

Craig Smalley

May 22, 2017 

Generally, a business is entitled to claim depreciation deductions for property, including real estate, beginning in the year the property is “placed in service.” Similar rules apply to Section 179 deductions and “bonus depreciation” deductions, as ...

Ken Berry, JD

May 22, 2017 

For an LLC that’s electing to pay tax as an S-Corporation or C-Corporation, it is perfectly fine to treat the members of the LLC as employees. Where it goes awry is when LLC members of partnerships or disregarded entities are treated as employees, and...

Craig Smalley

May 22, 2017 

Similar to the tax season, agriculture clients have busy seasons too – planting and harvesting. It’s tough to reach clients, and it’s even tougher to gain new clients, during that time. What’s a practitioner to do?

Becky Livingston

May 22, 2017 

Pro-Ware Asset Keeper Pro is a good fit for mid-sized accounting firms, as well as business owners who wish to manage assets and depreciation in-house. Asset Keeper Pro is a desktop/network installed product and does not offer SaaS or cloud connectivity.

Mary Girsch-Bock

May 22, 2017 

The more assets a business obtains, the more complicated it becomes to adequately manage those assets. And for service businesses, or those with a large number of company assets such as equipment and machinery businesses, tool rental businesses, or ...

Mary Girsch-Bock

May 22, 2017 

Fixed Asset Management, from Acumatica Cloud ERP is well-suited for small to mid-sized businesses that need to track assets in-house. The product can also be utilized by professional accountants, and businesses using the product can easily provide ...

Mary Girsch-Bock