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 July 2017 Tax Channel

July 20, 2017 

July 2017 Tax Channel

New Tax Scam Plugs Into Electronic Fears By Ken Berry, J.D., Tax Correspondent Now scammers are trying to scare taxpayers by thinking their payments to them will be linked to the Electronic Federal Tax Payment System (EFTPS). The IRS is alerting the public about the latest tax scam making the rounds (IR-2017-107, 6/15/17). In this...…

 July 2017 Small Business Channel

July 20, 2017 

July 2017 Small Business Channel

Most Businesses Will Increase Cloud Computing Spending in 2017 By Isaac M. O’Bannon, Managing Editor Businesses have become less skeptical of cloud computing, more confident in its security, and more inclined to invest money in it, according to new findings. Nearly 70% of U.S. businesses surveyed by B2B ratings and reviews firm Clutch say that they...…

 July 2017 Firm Management Channel

July 20, 2017 

July 2017 Firm Management Channel

Laws seem to be moving towards making mandatory retirement illegal due to age discrimination. Can CPA firms still safely provide for mandatory retirement in their partner agreements?

 Invoice Financing Firm LSQ Sees $455 Million Quarter

July 20, 2017 

Invoice Financing Firm LSQ Sees $455 Million Quarter

LSQ entered into agreements with 16 banks in the last 12 months, and now has agreements with 40 banks, ranging from regional banks to top 10 national banks such as U.S. Bank, which recently integrated with LSQ as a way to offer invoice financing for ...

thomson reuters large 2017

July 20, 2017 

Guide Focuses on Accounting for Business Combinations

The new content incorporates analysis of Topic 805, Business Combinations, of the FASB Accounting Standards Codification, which is the authoritative accounting and reporting guide for business combinations under US GAAP. It also includes coverage of ...

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July 20, 2017 

July 2017 Payroll Channel

What's the hottest summer perk? Workers surveyed by staffing firm OfficeTeam said they're most interested in flexible schedules (39 percent) and the ability to leave early on Fridays (30 percent).

 AICPA News – July 2017

July 19, 2017 

AICPA News – July 2017

AICPA Applauds Passage of Mobile Workforce State Income Tax Act The American Institute of CPAs (AICPA) applauded the U.S. House of Representatives for passing the Mobile Workforce State Income Tax Simplification Act of 2017, H.R. 1393.  The bill would simplify state income tax reporting and withholding rules for employees who sometimes work outside their home...…

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July 19, 2017 

Apps We Love – Government Apps

As accountants, when we think of government apps, our minds frequently point to the IRS and state revenue agency apps. But there is so much more. I had fun this month exploring apps our government has to offer and was surprised at how much our ...

Gail Perry