Latest Articles

May 2, 2016 

80 percent of respondents said that credit scores were important. When asked what attributes were important in a spouse, 92 percent of survey respondents said financial responsibility.

May 2, 2016 

Keep your system available, secure and hassle-free with the only dedicated cloud-based outsourced technology solution combining accounting and tax application expertise with world-class managed IT.

May 2, 2016 

Another tax season is over, and now you can catch your breath. As a manager for a public accounting firm, you may want to take off for a well-deserved vacation. But before you go, be sure to show your hardworking staff some recognition.

Paul McDonald

April 29, 2016 

Many of your small business clients, especially those in retail operations, have struggled with responsibilities for collecting and remitting sales and use taxes to the appropriate jurisdictions. This includes issues relating to sales transactions and ...

April 28, 2016 

Grant Thornton believes the partnership will help the firm tell its distinctive brand and client-service story. “Like Grant Thornton, Broadway is having a monumental year, and as their exclusive partner, this provides us with the perfect opportunity ...

April 28, 2016 

Periscope is one of the newest social media darlings. A mobile app, it permits interactive video streaming on demand. The big benefit of Periscope is that, unlike traditional video streaming, its platform permits the audience to post comments and ...

April 28, 2016 

If the IRS determines employees were erroneously classified as independent contractors, the IRS may notify the workers that they are not entitled to deduct their business expenses from gross income on Schedule C and/or that they were not entitled to ...

April 28, 2016 

The U.S. Department of Labor (DOL) is moving closer to finalizing the biggest change to overtime rules since they were established in 1938. That means potentially big challenges for companies as the proposed changes to the Fair Labor Standards Act (FLSA).

April 28, 2016 

Fiscal management, and through that, accounting, has been at the center of human survival since mankind figured out how to trade and barter. We now have an established way to measure the value of any trade: money. And since, it has been a central ...

April 27, 2016 

Jim Boomer will succeed L. Gary Boomer as Chief Executive Officer, and will lead the team with newly appointed President, Sandra Wiley. Rounding out the Executive Leadership Team are Dustin Hostetler as Chief Innovation Officer, and L. Gary Boomer as ...

April 26, 2016 

Is your accounting firm looking for new areas in which to expand? As accountants look to differentiate themselves from their competition, more and more accounting firms are picking up on a trend known as niche accounting.

Jon Baron

April 26, 2016 

The main reason for making deferred comp payments to retired partners is to “acquire” their clients. If a firm knew for sure that they would lose the clients of a retiree, I doubt that deferred comp payments would be made.