Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
April 5, 2016
CFOs Becoming More Strategic
As further evidence that the role of CFO is becoming less tactical and more strategic, the survey found that only 8% of CFOs, or teams reporting directly to the CFO, are spending the bulk of their time closing the books each month. By contrast, the ...
April 5, 2016
New Guidance Looks At Financial Management and Controllership
Thomson Reuters Checkpoint Financial Management and Controllership combines expert analysis and practical, day-to-day guidance for financial managers and controllers, incorporating sample statements, budgets, disclosures, customizable checklists, ...
April 5, 2016
The “Panama Papers” Leak Exposes Tax Dodgers Around The World
Among the “who’s who” of people named in the documents are friends or relatives of Russian President Vladimir Putin and leaders of Great Britain, China, Iceland, Pakistan and the Ukraine. In addition, the president of Argentina, Mauricio Macri, allegedly
April 3, 2016
30% of Americans Clueless On Their Debt
Forty-seven percent of respondents frequently live paycheck to paycheck. Two-thirds2 of Americans don't have six months of savings in their emergency fund. Thirty percent don't have an emergency fund at all. More than half of respondents don't ...
April 1, 2016
Professionals on the Move – April 4, 2016
A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
March 31, 2016
Millennials, Boomers and Xers Are Confident in 2016 for Small Business
Millennials are the most positive about the business economy, with 62% reporting they’re more confident in the financial health of their business than last year. Gen Xers and Baby Boomers agree, 59% respectively report that they are more confident ...
March 31, 2016
Add Stock vs. Asset Sale as a Parameter to Business Valuation Engagements
Most, if not all American professional business appraisal standards are silent on the matter of the structure of the sale – an asset sale or stock sale. There are numerous reasons for the omission of the explicit consideration of transaction ...
March 31, 2016
Medical Tax Deduction for Seniors Rising to 10% Threshold
They may not know it, but this may be the last year that some of your older clients will be able to claim a medical expense deduction.
March 31, 2016
CFOs Lower Expectations for Revenue, Earnings, Spending and Hiring
Global economic performance and equity market valuations are off to a rocky start in 2016, according to Deloitte’s first quarter CFO Signals survey. CFOs’ expectations for revenue, earnings, capital spending and domestic hiring — tracked for 24 consecutive quarters by this survey — all declined, and are now at or near survey lows. Revenue growth...…
March 31, 2016
Cloud System Simplifies Form 8621 PFIC Compliance
A new online tool from Expat Tax Tools is aimed at simplifying Form 8621: Information Return by a Shareholder of a Passive Foreign Investment Company or Qualifying Electing Fund. The cloud-based Form 8621 Calculator is designed for smaller companies ...
March 31, 2016
New Guidance Focuses on Puerto Rico VAT
This coverage comes at a crucial time. On June 1, 2016, Puerto Rico will become the first U.S. jurisdiction to adopt a VAT to replace its sales and use tax regime. The transition to this new scheme began in 2015 and has been controversial.
March 31, 2016
The Secrets Behind Your SSN
Ever wonder how Social Security numbers are generated? And how do you tell if a Social Security number is valid?