Latest Articles

March 22, 2017 

For accrual method clients chalking up bad debts, a claim for refund of transactional taxes previously remitted can be a worthwhile engagement. Sales taxes are the most common form of transactional taxes for retailing vendors, and since the majority of retailers remit sales taxes on a monthly basis, sales taxes are often remitted in full...…

Shane Ratigan

March 22, 2017 

The symposium itself, which is still hosted by CPA Practice Advisor, provides its members with an opportunity to immerse themselves in deep discussions about pressing issues in the accounting profession, develop opportunities to collaborate, plan ...

Gail Perry

March 22, 2017 

Tax reciprocity normally applies to any wages an employee earns through employment: hourly wages, salaries, tips, commissions, and bonuses. Reciprocal tax withholding agreements between states usually do not apply to income earned outside of employment.

Kaylee Riley

March 22, 2017 

Invoice Sherpa works with many popular accounting software applications such as QuickBooks, Xero, Harvest, and FreshBooks. InvoiceSherpa automates accounts receivable and bill payment options, as well as recurring billing for subscriptions.

Mary Girsch-Bock

March 22, 2017 

Fundbox is designed to proactively address cash flow gaps that typically affect small and in-transition businesses that rely on timely payments from their customers. Fundbox users can create an account at no cost, with users only assessed a fee when ...

Mary Girsch-Bock

March 22, 2017 

Well known for its robust AP automation function, Bill.com also offers a decent payment processing platform as well. Bill.com provides users with the ability to choose their preferred payment method and will automatically send invoices to customers ...

Mary Girsch-Bock

March 22, 2017 

While invoicing on the surface seems like a fairly straightforward feature, (and simple invoicing is), how customers and clients are invoiced can be just as important as when. Do you provide your customers with a mailed invoice only?

Mary Girsch-Bock

March 22, 2017 

The most influential thought leaders in the accounting profession gathered for CPA Practice Advisor's 9th annual Thought Leader Symposium in Indianapolis, February 26-28, where they participated in discussions, and occasional disagreements, about how ...

Isaac M. O'Bannon

March 22, 2017 

How can start-up companies afford to pay the rent in high-priced city districts? Many times they can’t and that helps explain the success of companies offering shared working quarters. As of last year, the biggest player in this market, WeWork became ...

March 22, 2017 

The Illinois CPA Society has created a helpful list of often overlooked tax deductions and credits from the Illinois CPA Society before you file:

March 22, 2017 

As expensive as it is to replace a bad hire, the money isn't what concerns employers most. In a Robert Half survey, chief financial officers (CFOs) said the single greatest impact of a poor hiring decision is lower staff morale (39 percent), followed ...

March 22, 2017 

The integrations, built on top of Xero's industry leading open API, will help more small businesses make smarter decisions, improve cash flow, get paid faster and access capital quickly. Accountants and bookkeepers can also use the financial web to ...