Latest Articles

August 18, 2016 

You’ve got five minutes to spare and your phone in your hand – how do you use your time? We asked members of the CPA Practice Advisor community to share their favorite time-kill apps and this is what we learned.

Gail Perry

August 18, 2016 

The research, conducted by Aberdeen Group and commissioned by Sovos Compliance, a global leader in business-to-government tax, compliance and reporting software, is based on responses from leaders at 100 top financial institutions, which are ...

August 18, 2016 

Under the FLSA, employers are required to keep accurate timesheets for overtime-eligible employees for at least two years. Without easily accessible records, it’s very hard to defend against wage and hours disputes in a court of law.

August 18, 2016 

Xero’s integration with Avalara in 2015 gave Xero customers access to real-time sales tax rates, in addition to auto-preparing sales tax returns in as little as five minutes using Avalara TrustFil

August 17, 2016 

Tired of Congressional inactivity on internet sales tax, a growing number of states have enacted legislation enabling them to tax sales made by out-of-state sellers. The majority of these laws maintain that a connection between a state and seller is ...

Gail Cole

August 17, 2016 

People age 35-plus don't think they will be able to retire when they hit the traditional retirement age. While 87 percent of those surveyed who are working full time say they want to retire someday with nearly 70 percent of those hoping to retire ...

Isaac M. O'Bannon

August 16, 2016 

The proposed regulations would also add a new section, 25.2704-3, to address restrictions on the liquidation of an individual interest in an entity and the effect of insubstantial interests held by persons who are not a family member. According to the ...

August 16, 2016 

The U.S. average combined sales tax rate rose slightly in the second quarter due to minimal tax changes in most jurisdictions, according to the latest ONESOURCE Indirect Tax Report from Thomson Reuters.

August 16, 2016 

With PayPal Express Checkout for Xero, clients will be able to pay in just a few clicks from directly within the invoice, speeding time to funds. This announcement was made at Xerocon 2016 in San Francisco on August 15­17, 2016.

August 16, 2016 

If some of your employees are looking to go back to school, or to enroll in college courses for the first time, you might decide to lend a helping hand. An employer can set up a program that effectively pays for all or most of the costs on a ...

Ken Berry, JD

August 16, 2016 

To help ease the burden of hard-working parents, employers may institute a dependent care assistance plan for employees. Under such a plan, payments made to third parties like babysitters and day care centers are excluded from income if the costs ...

Ken Berry, JD

August 16, 2016 

The global association of accounting firms BKR International recently presented its annual scholarship awards to honor accounting students around the world for their exemplary academic achievements in the accounting profession.