tax reform 1  5540d268d98f6

June 21, 2017 

Business Execs Expect Corporate Tax Reform in 2017 or 2018

As the US Congress and Administration debate reform of the US tax system, The Tax Council’s and Ernst & Young LLP’s latest Tax Reform Business Barometer polled business executives, including tax directors and government relations executives, on the topic.

blue-growth-chart1

June 21, 2017 

63% of CFOs Expect Growth in Coming Year

Sixty-three percent of surveyed CFOs say they are biased toward revenue growth, one of the highest levels in the survey’s history, and only 18 percent claim a bias toward cost reduction, for a survey-high net value of plus 45 percent.

congress 1  56686c57c9a7f

June 21, 2017 

AICPA Applauds Passage of Mobile Workforce State Income Tax Act

The American Institute of CPAs (AICPA) applauded the U.S. House of Representatives today 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 ...

 FloQast Receives $25 Million in Series B Financing

June 21, 2017 

FloQast Receives $25 Million in Series B Financing

Financial management software provider FloQast has completed a $25 million Series B round of financing. The funds will be used to accelerate product innovation, expand into overseas markets and scaling of the Company’s go-to-market capabilities.

Firm Automation

June 20, 2017 

Unraveling the Late Payment Challenge Through Automation

Businesses across all industries work with multiple partners, vendors and suppliers to support the need to serve customers. One-third of the businesses in the United States, Canada, Mexico and Brazil report that 20 percent of their client invoices value is more than 90 days overdue, according to the Payment Practices Barometer Americas. [1] Late payments...…

 Is Mandatory Retirement Legal?

June 20, 2017 

Is Mandatory Retirement Legal?

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?