Latest Articles

April 6, 2016 

Because PayNearMe involves a three-step process, the IRS urges taxpayers choosing this option to start the process well ahead of the tax deadline to avoid interest and penalty charges.

April 6, 2016 

Pop star Iggy Azalea has not been getting a lot of good news in the audit area lately. Not only did her Twitter Audit score land at 93 percent – meaning that only 7 percent of her followers are actually real people – but the IRS determined that she owes n

April 6, 2016 

As reports of phone scams as well as email phishing schemes continue across the country, the Internal Revenue Service is warning taxpayers of a new phishing scam targeting Washington D.C., Maryland and Virginia residents.

April 6, 2016 

The next version of the exam is based on a practice analysis, an extensive research project overseen by the AICPA’s Board of Examiners, which included input from key stakeholders across the accounting profession.

April 6, 2016 

The beauty of the CC system is that it gives the committee members the freedom to assess each partner’s performance on a wide range of areas. Firms that use the CC system are making a statement: They value traditional production measures but they ...

April 5, 2016 

Knowing your customer is tremendously important, especially in today’s Internet-driven world where the majority of business with some clients may not be done in person.

James Paille

April 5, 2016 

Though finance industry professionals tend to order salads and lighter Mediterranean food throughout the year, all that goes out the window during busy season. Barbecue, which makes up only 3% of total orders throughout the year, is ordered twice as ...

April 5, 2016 

Also known as commercial crime bonds, it can be difficult to grasp their importance for the smooth operation of business. They are a type of fidelity surety bond that protects your business from dishonesty, fraud, theft, forgery and embezzlement that ...

April 5, 2016 

Probably more important than the tool is the culture of business development, discovery meetings, referral clients and omni-channel marketing. Since many accounting professionals have not been trained in marketing, this leads to common errors and ...

Randy Johnston

April 5, 2016 

As further evidence that the role of CFO is becoming less tactical and more strategic, the survey found that only 8% of CFOs, or teams reporting directly to the CFO, are spending the bulk of their time closing the books each month. By contrast, the ...

April 5, 2016 

Thomson Reuters Checkpoint Financial Management and Controllership combines expert analysis and practical, day-to-day guidance for financial managers and controllers, incorporating sample statements, budgets, disclosures, customizable checklists, ...

April 5, 2016 

Among the “who’s who” of people named in the documents are friends or relatives of Russian President Vladimir Putin and leaders of Great Britain, China, Iceland, Pakistan and the Ukraine. In addition, the president of Argentina, Mauricio Macri, allegedly