Latest Articles

uber_car

October 31, 2016 

Millennials Most Likely To Take Gig Economy Side Jobs

Workers of all income levels are taking on side work. Nearly 1 in 5 workers making more than $75k (18 percent) and 12 percent of those making more than $100k currently have a gig outside of their full time job. This is compared to a third of workers ...

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October 31, 2016 

The Worst Excuses for Calling in Sick

When asked why they called in sick when they were feeling well, 28 percent said they just didn’t feel like going in to work and 27 percent took the day off to attend a doctor’s appointment. Another 24 percent said they needed to just relax and 18 ...

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October 30, 2016 

IRS Told to Crack Down on Non-Filers

Generally, individuals are required to submit personal tax returns to the IRS by April 15h, or October 15th if an extension is requested. As part of its overall enforcement strategy, the IRS attempts to identify and notify taxpayers who do not file a ...

 It’s Time to Renew Your PTIN

October 28, 2016 

It’s Time to Renew Your PTIN

Anyone who prepares or helps prepare any federal tax return, or claim for refund, for compensation must have a valid PTIN from the IRS. The PTIN must be used as the identifying number on returns prepared.

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October 27, 2016 

5 Steps To Prepare for New Overtime Pay Rules

The new overtime regulations will have a significant impact on some businesses. In the meantime, businesses can use the next several months to analyze their labor and productivity, and get a better understanding of what they will need to change to ...

Isaac M. O'Bannon

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October 27, 2016 

How to Market Business Valuation Services

Continuing to grow the business valuation practice is an ongoing concern for many practitioners. The one-and-done nature of many types of valuations means that repeat business with the same client isn’t as common as it is for some other professional ...

auditingimage2 1  55392d90c0a4e

October 27, 2016 

AuditFile Automates Wiley Advantage Audit Suite

As part of the agreement, the 2017 Wiley Advantage Audit series will only be available digitally and distributed solely through the AuditFile platform. Wiley Advantage Audit is an easy to use, risk-based audit planning aid and audit program series ...

Oil_and_Gas_1_.54491542938b0

October 27, 2016 

New Report Helps Optimize Oil and Gas Sector Audits

Oil and gas entity audits are provided by many CPA firms across the U.S. These services are often required because the entity is either a public company with stock traded on a national exchange or has debt requiring audited financial statements.

 IRS Gives More Time for Special Tax Relief in Disaster Areas

October 27, 2016 

IRS Gives More Time for Special Tax Relief in Disaster Areas

Taxpayers can make this election on an original return or an amended return. Prior to the new ruling, taxpayers effectively had until the due date of the return for the year of the disaster, without any extensions, to make the election.

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October 27, 2016 

The Pros and Cons of Payroll Taxes

First of all, the payroll tax base is very broad. Payroll taxes apply to all wages and salaries up to a cap of $118,500, which nearly 83% of wages and salaries fall under. Furthermore, unlike the personal income tax, payroll taxes do not include ...

John Olson