Latest Articles

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June 20, 2016 

A Firm Finds Success in the Cloud

Accounting Power, the core accounting system in the suite, has advantages for both the accounting firm and the client. For the professional, it has powerful client write-up, trial balance, financial statement reporting and client collaboration tools.

 States Redefine Nexus to Tackle Online Sales Taxes

June 20, 2016 

States Redefine Nexus to Tackle Online Sales Taxes

As the middle of the year approaches, it’s worth taking stock of remote sales tax. Numerous states have enacted or are considering legislation enabling them to collect sales and use tax revenue from remote retailers lacking a physical presence in the ...

Gail Cole

 AICPA and CIMA Create New International Accounting Association

June 20, 2016 

AICPA and CIMA Create New International Accounting Association

A supermajority of AICPA members who voted supported the proposal, 86.5 percent to 13.5 percent, according to the independent tabulator Survey and Ballot Systems. CIMA members also overwhelmingly endorsed the proposal 89.7 percent to 10.3 percent ...

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June 16, 2016 

New Online Tool Gives Advisors Resources to Help SMB Clients

The Nav Small Business Advisor Program is designed for professional advisors, such as CPAs, Enrolled Agents and accountants, as well as the thousands of advisors who help entrepreneurs through agencies such as Small Business Development Centers ...

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June 15, 2016 

Key Actions Every Accountant Should Perform Daily

Crunching numbers sums up the view many individuals have of the accounting field and it was just that for many years, given the relatively limited amount of data that had to be entered and worked with. Financial reports, after all, only rely on a ...

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June 15, 2016 

Watch Your Step! Don’t Trip into Investment Advice

A client asked his CPA for her opinion regarding an investment they were considering. Because the CPA did not have experience with this type of investment, she advised the client to consult with his own financial adviser, but she did not document the ...

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June 15, 2016 

Ranking the Top 10 States for Small Business Lending

A majority of small business owners seek loans of less than $250,000 in order to start or grow their business. Unfortunately, after the market crash of 2008, most traditional lenders moved upstream to target loan sizes greater than $1 million.