Latest Articles

FileCabinet CS Document Management Software 109473 1  57966c609e0c7

August 24, 2016 

2016 Review of Thomson Reuters FileCabinet CS

FileCabinet CS is part of Thomson Reuters CS Professional Suite of applications designed for professional accounting firms. Thomson Reuters offers three licensing options; On-Premise, Virtual Office, and SaaS, so users can choose the deployment method ...

Mary Girsch-Bock

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August 22, 2016 

What the Future Holds for Accountancy

Everyday, across continents, time and money is being squandered on old accounting practices. Of the United States’ 29 million SMBs (Small and Medium sized Businesses), just five million use dedicated accountancy software. This leaves some 24 million ...

Mike Galarza

encyclopedia_s_corp_BKT_544_1_.544514c213998

August 22, 2016 

Does the S-Corp Premium Really Exist?

The underlying argument is whether an entity that does not pay taxes is inherently more valuable due solely to this tax status. Should additional value be awarded to an entity that made a tax-based election that many other companies could easily make?

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August 22, 2016 

Ransomware: Is Your Accounting Firm At Risk?

Ransomware is a type of malicious software that encrypts files, blocks access to computer systems then requires an anonymous payment, and has the ability to make a dramatic and devastating impact on your business. A recent report released by the FBI ...

Christopher Stark

Wipfli logo 578d309eaac1b

August 22, 2016 

Wipfli Acquries Chicago-Based Weltman Bernfield

The combined firm will have more than 1,700 associates, including over 200 partners, and 39 office locations in the United States and India, including four offices in the Chicagoland area.

 3 Myths of Succession Planning for Accounting Firms

August 19, 2016 

3 Myths of Succession Planning for Accounting Firms

As a CPA, you stress the importance of retirement planning to your clients on a regular basis. Now it’s time to start taking care of your own future. Surprisingly, CPAs are not nearly as prepared with their own retirement plans as might be expected.

MoneyTaxes 43 1  57b730b409732

August 19, 2016 

IRS To Increase Fees For Installment Agreements

The proposal, one of several user fee changes made this year, reflects the law that federal agencies are required to charge a user fee to recover the cost of providing certain services to the public that confer a special benefit to the recipient.

parental leave 1  57b72e99625f6

August 19, 2016 

Men Face Scrutiny When Taking Parental Leave

More than one-third of respondents feel that taking parental leave would jeopardize their position, but more than half (54 percent overall, 57 percent of men) feel that it would be perceived as a lack of commitment to the job, and 41 percent of those ...