Latest Articles

February 17, 2017 

The Top Five Business Tax Issues of 2017: “The tax action list for business leaders in 2017 is relatively short, but it is critical for organizational success,” says Jeffrey C. LeSage, Vice Chairman-Tax at KPMG LLP. Here are LeSage’s five action items for business leaders in 2017. http://cpapracticeadvisor.com/news/12298743 Report Looks at eCommerce Corporate Income Tax Issues:...…

February 17, 2017 

Small Business Owners Expect Growth in 2017: A large percentage of American small business owners are optimistic for growth in 2017 with some important investments in their businesses, including hiring, according to a recent survey of more than 1,200 small business owners. Interestingly, the optimism among small business owners significantly outpaces that of the general public....…

February 17, 2017 

Payroll in 2017: What to Expect: As we prepare for a new administration, let’s take a look at what we know, what will change and what 2017 may bring. www.cpapracticeadvisor.com/12295253 5 Manager Mistakes that Can Cause Labor Lawsuits: Employee lawsuits are exploding nationwide in the past few years, and manager mistakes are the cause of...…

February 17, 2017 

Firm Management Channel How Small Accounting Firms Find Big Advantages in the Cloud: It’s a trend to watch for in 2017, as cloud services enable CPAs to be strategic partners that can offer more in-depth and timely financial advice to help their small and medium size business (SMB) clients succeed. www.cpapracticeadvisor.com/12294496 3 Steps to Ensure...…

February 17, 2017 

FASB to Host Roundtable Meetings on Disclosure Framework: The Financial Accounting Standards Board (FASB) will host two public roundtable meetings to discuss proposals related to its Disclosure Framework project. The meetings will be held on Friday, March 17, 2017, at the FASB offices located at 401 Merritt 7 in Norwalk, Connecticut. www.cpapracticeadvisor.com/12295256 AICPA Issues New Revenue Recognition...…

February 17, 2017 

With CES Showcasing 3,800 vendors spread out over 2.8 Million square feet of show floor (43 football fields), it was impossible to see everything, so our efforts focused this year on hardware that could improve mobility. For most accountants ...

Roman Kepczyk

February 17, 2017 

Facebook has started rolling out a job search feature that lets businesses list job openings for free, and lets Facebook users apply for the job from with the app or desktop website.

February 15, 2017 

The tax preparers, who help serve members of the U.S. Army, Air Force, Navy, Marine Corps and Coast Guard and their families, have full access to the TaxWise Online 2016 system, as well as the full suite of solutions for small tax and accounting ...

February 15, 2017 

Women in accounting have come a long way. Christine Ross, the first female CPA in the U.S., received her certification in 1899 --- but only after an 18-month delay by state regents because of her gender. While today we’re sitting at around ...

Amy Vetter

February 15, 2017 

Although concerned, advisors appear poised to capitalize on the opportunities volatility presents, with 54% saying volatility should be both managed to avoid losses and harnessed to take advantage of opportunities. However, their clients had a ...

February 15, 2017 

Lewis said the AICPA recognizes that providing a reduced rate for income of small businesses will place additional pressure on the need to distinguish between profits of the business and compensation of the owner-operators. “We should continue to use ...

February 15, 2017 

In a new case, the owner of a defunct S corporation tried to deduct the payment made for the 100% penalty on his personal return, but to no avail (Brown, TC Memo 2017-18, 1/24/17).