Latest Articles

November 26, 2014 

For the customer service sector, the holiday season is crunch time. With more shoppers, more sales, more shipping, more advertisements, and more product demand, there's (so much) more potential for something to go wrong. At the same time, shoppers' expect

November 26, 2014 

Frozen credit accounts that are not adequately identified and resolved could lead to: barred assessments, collections, and refunds due to the expiration of the applicable statute of limitations; unnecessary payment of additional interest to taxpayers for

November 25, 2014 

Two years ago, in the wake of the election ballots legalizing recreational use of marijuana, I wrote a small blog post noting that as a new and rapidly-growing industry, there might be an opportunity for a new accounting practice area.

Dave McClure

November 25, 2014 

The Governmental Accounting Standards Board (GASB) has issued for public comment a Preliminary Views, Financial Reporting for Fiduciary Responsibilities.

November 25, 2014 

When you find something you know will work for your practice and your clients – you jump at it. But what do you do when others just aren’t sharing the love? In the case of cloud solutions, it’s all about spotlighting the many benefits ...

November 25, 2014 

Mega IRAs – the moniker given to retirement saving accounts with over-inflated values -- have become a popular target of critics and a potential revenue source for a cash-strapped Treasury Department. Now a new report by the Government Accountability ...

Ken Berry, JD

November 25, 2014 

Tax refund fraud associated with prisoner Social Security Numbers remains a significant problem for tax administration, according to a report by the Treasury Inspector General for Tax Administration (TIGTA).

November 24, 2014 

Launching a business is risky. Launching your own business is even more so. It is no secret that many small businesses close up shop within the first few years.

November 21, 2014 

AccountantsWorld has announced major enhancements to its ACCOUNTING POWER software, a part of its suite of cloud-based applications for professional accountants. These enhancements are designed to accommodate a more mobile audience on smartphones and ...

November 20, 2014 

One way to help avoid a professional liability claim is to be aware of the evolving exposures within the profession. The following is a list of five top areas of concern for CPAs in 2015.

November 20, 2014 

There’s been much ado about the 55 tax extenders currently being debated by a lame-duck Congress. These tax law provisions, which are generally favorable to taxpayers, technically expired after 2013, but may be revived retroactive to ...

Ken Berry, JD

November 20, 2014 

The accounting firm’s focus on providing accounting, bookkeeping, payroll and tax planning services for hotel, restaurant, retail and automotive franchises is also a reason for success because of the unique niche.

Hugh Duffy