Firm Management June 17, 2026
Designing Your Ideal Accounting Firm Starts With One Question: What’s Actually Holding You Back?
Here are five steps firm owners can take to start building the accounting firm they actually want to run.
September 18, 2016
CPA Loses Business Car Deductions in Tax Court Case
The IRS requires taxpayers to follow the recordkeeping rules for T&E (travel and entertainment) expenses to a “t.” Otherwise, deductions may be denied. This lesson was apparently lost on a CPA in a new Tax Court case. He wasn’t allowed to deduct most ...
September 18, 2016
2017 Tax Rates Go Down, IRS Penalties Go Up
Bloomberg BNA is giving taxpayers a head start on the year-end tax planning and compliance review season with the release of its 2017 Projected Tax Rates, a detailed and comprehensive projection of inflation-adjusted tax items. With the upward penalty adjustments, the cost of noncompliance for taxpayers again increases in 2017, but individuals and businesses also...…
September 16, 2016
Congress Delays Vote on Impeaching IRS Commissioner Koskinen
It looks like the presidential and congressional elections will be decided before the House gets a chance to decide on IRS Commissioner John Koskinen’s impeachment.
September 15, 2016
FinancialForce Introduces Billing Central for Everything-as-a-Service Business Models
Modern businesses are increasingly shifting from product and single transaction sales to service and subscription models. A new survey from CFO Magazine has revealed that 70% of CFOs say more than half of their revenue now comes from services, which ...
September 15, 2016
Time Off, ACA Regulations and Your Small Business Clients
As you prepare to meet with your clients this fall, take the time to consult with them regarding the ACA and how they can ensure compliance.
September 15, 2016
Professionals on the Move – September 15, 2016
A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
September 15, 2016
2016 Review of Income Tax Planning Systems
If taxes remained the same from year to year, there would be no need for tax planning. But as a professional, you know how valuable tax planning is; for your clients and for your bottom line. For your clients, effective tax management can often ...
September 14, 2016
2016 Review of Drake Tax Planner
Ideal for smaller firms that have less complex tax planning needs, Drake Tax Planner is part of Drake Tax Software, and is included at no additional charge, and offers a completely integrated tax preparation and planning system.
September 14, 2016
2016 Review of Intuit Lacerte Tax Planner
Ideal for small to mid-sized firms, Lacerte Tax Planner, from Intuit, offers an easy to use tax planning product that is well suited for those looking for a stand-alone product, as well as those wishing to integrate with other Intuit financial products.
September 14, 2016
2016 Review of Thomson Reuters Planner CS
Thomson Reuters Planner CS : https://cs.thomsonreuters.com/planner Best Fit: Firms of any size that are currently or planning to use CS Professional Suite of applications with gain the most benefit using Planner CS. Product Strengths: Product offers excellent integration with other CS Professional Suite of applications Excellent report customization and built-in word processing capability Numerous deployment...…
September 14, 2016
2016 Review of CCH ProSystem fx Planning
Part of the CCH ProSystem fx Suite of applications from Wolters Kluwer Tax and Accounting, CCH ProSystem fx Planning offers users solid integration with other Wolters Kluwer tax products. CCH ProSystem fx Planning can also be used as a stand-alone ...
September 14, 2016
2016 Review of BNA Income Tax Planner
BNA Income Tax Planner, from Bloomberg BNA, is one of several tax and accounting applications designed for accounting professionals. The product offers quick start options and instructional worksheet templates and also offers top-notch online security ...