Latest Articles

November 15, 2017 

The study also found that a high number of respondents (32%) admit they do not screen payees for drug trafficking, money laundering or terrorism against national blacklists like OFAC prior to each payment, and in addition another 24% aren’t sure if ...

November 15, 2017 

Expense management software maker Expensify has been selected as one of only three apps initially available as part of Intuit’s QuickBooks Accountant Apps Program. Accounting professionals can now save time by centrally managing client subscriptions ...

November 15, 2017 

The chances of a tax protestor prevailing in court are slim to nil. Typically, taxpayers will argue that payment of tax is strictly voluntary or unconstitutional or they don’t have to pay taxes on religious or moral grounds, to no avail. But they keep ...

Ken Berry, JD

November 15, 2017 

An employee who chooses to participate can contribute up to $2,650 during the 2018 plan year. That’s a $50 increase over 2017. Amounts contributed are not subject to federal income tax, Social Security tax or Medicare tax. If the plan allows, the ...

November 15, 2017 

Every tax reporting season brings with it new requirements for businesses – these can range from small form changes to significant new regulations, that means that filers should not get too comfortable. Now is also the time for businesses to take note ...

November 15, 2017 

The American Institute of CPAs (AICPA) has recognized seven educators from colleges and universities across the country with the 2017 Effective Learning Strategies (ELS) Awards. The ELS Awards are given annually to professors who employ innovative ...

November 15, 2017 

With over 10,000 taxing jurisdictions in this country alone, each with constantly changing laws, and the taxing jurisdictions of over 100 countries worldwide, it’s difficult to imagine one person or even one firm trying to keep abreast of all that ...

November 14, 2017 

Using HD Vest's services in combination with Drake's tax preparation software, Drake Tax, provides an additional source of client and recruitment leads for advisors and tax professionals, giving an opportunity for them to save time and optimize their ...

November 14, 2017 

Chrome River has unveiled the latest version of its invoice automation tool, Chrome River INVOICE. Chrome River INVOICE now provides a fully mobile solution which is fast, fluid, and enables approvers and administrators to manage the invoice process ...

November 14, 2017 

The AICPA president acknowledged the work of Senate Finance Chairman Orrin Hatch (R-Utah) and House Ways and Means Committee Chairman Kevin Brady (R-Tex.) and their respective committees. He noted that in the last five years the AICPA has provided...

November 14, 2017 

Thomson Reuters has announced the winners of the fourth annual Taxologist Awards, a program that recognizes exceptional tax departments and professionals who have added significant value to their organizations by embracing tax technology.

November 14, 2017 

Young finance professionals at small and medium-size practices are a mobile group who seek out professional development and are well-equipped to deal with changes being driven by globalization and technology, finds a new report by ACCA (the Association...