Latest Articles

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).

February 15, 2017 

Xero and Silicon Valley Bank customers will now benefit from a more automated banking experience for their mutual customers. This direct integration, with a seamless do-it-yourself set up process so entrepreneurs, startups and small business owners ...

February 15, 2017 

One of the largest areas of confusion for businesses is the completion of Lines 14-16 on Form 1095-C, the form used to provide employees with information about their medical benefits. This section has proven to be so unclear that many businesses pay ...

February 15, 2017 

The research examines the five key elements of well-being – purpose, social, financial, community and physical – as well as other important health metrics within the United States. Through a daily survey of 500 adult Americans, the Well-Being Index ...

February 15, 2017 

The accounting and tax profession relies on technology as much as almost any other (aside from rocket science, perhaps), which makes finding the right tech imperative to the productivity of a firm, and the small businesses that rely on it.

Isaac M. O'Bannon

February 14, 2017 

Advertising and marketing executives were asked, "How frequently, if at all, do you use Google or another search engine to learn additional information about a prospective hire?"

February 14, 2017 

The best way to determine the proper amount of petty cash is to look historically at what your business spends cash on and how often you have "emergency" needs. Most small businesses do well with around two hundred dollars as a good ...

Kristy Monahan

February 14, 2017 

The foundation of the financial web, a network of organizations sharing financial data, is bank statement feeds. Small business owners, working in the cloud, now expect their bank transactions to arrive automatically loaded in their accounting ...

Amanda Aguilard