Latest Articles

 IRS Has Material Weakness in Internal Controls Over Unpaid Tax Assessments

July 22, 2015 

IRS Has Material Weakness in Internal Controls Over Unpaid Tax Assessments

The Internal Revenue Service (IRS) is currently planning activities to address a recurring financial material weakness in its internal control over unpaid tax assessments.  However, planning for the Customer Account Data Engine 2 (CADE 2) Transition State 2 (TS2) has not included specific actions and activities necessary to guide new system development efforts and to...…

Isaac M. O'Bannon

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July 22, 2015 

How to Retain Your Firm’s IT Superstars

Retention is a huge challenge for CPA firms across the country and most of the focus and discussion is on accounting staff. What isn’t addressed nearly enough is retaining talent in important functional areas such as IT, HR, Marketing and Training.

Jim Boomer

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July 21, 2015 

Which Employee Fringe Benefits Are Taxable?

Now is the perfect time to look at the fringe benefits you provide to your employees. This specific taxation is a main focus of the IRS right now, and they recently conducted several free webinars to review the taxability of fringe benefits.

James Paille

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July 16, 2015 

Fundbox Cash Flow System Launches New Mobile Dashboard

Fundbox, a mobile cash flow optimization platform for small businesses, has launched a redesigned, mobile-optimized dashboard. The new dashboard offers additional functionality, an improved user interface, and the convenience of one-click invoice ...

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July 16, 2015 

The ABCs of Higher Education Tax Breaks

One of the groups working on tax reform for the Senate Finance Committee (SFC) has just recommended that the two higher education credits and the tuition deduction be combined into a single credit. But significant tax reform is still in its infancy.

Ken Berry, JD