Latest Articles

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April 23, 2015 

Report Looks At Effects of Audit Quality on the CPA Brand

The Illinois CPA Society has published a digital feature exploring the issue of audit quality, its impact on the CPA brand and profession in both the public and private sectors, and potential solutions to this high-profile problem.

 Nearly 1/3 of Americans Have No Retirement Savings, Says Survey

April 23, 2015 

Nearly 1/3 of Americans Have No Retirement Savings, Says Survey

There’s both good and bad news in the 2015 Retirement Confidence survey released by the Employee Benefits Research Institute (EBRI), an independent research firm based in Washington, D.C., on April 21. This is the 25th annual survey, making it the ...

 AICPA Urges IRS to Increase Safe Harbor Threshold

April 22, 2015 

AICPA Urges IRS to Increase Safe Harbor Threshold

AICPA says the de minimis safe harbor threshold amount under the tangible property regulations for small business taxpayers without an applicable financial statement (AFS) be increased from $500 to $2,500.

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April 20, 2015 

Drake Tax Planner

Free with Drake Software, the Tax Planner allows you to add revenue by providing another service to clients, and helps them make the right decisions in an increasingly complex tax environment.

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April 17, 2015 

2015 Review of Thomson Reuters UltraTax CS

UltraTax CS centers on eliminating repetitive data entry and other resource consuming tasks to add efficiency to office workflow. When coupled with other solutions within the CS Professional Suite lineup, UltraTax CS becomes a comprehensive tax compliance

Steven M. Phelan

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April 17, 2015 

The Top Technologies for Accounting Firms

A firm's management programs and client offerings have to match its strategies. During your annual retreat, you should consider the business you are in today, the business you’d like to be in in the future, and who your clients are.

Randy Johnston

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April 17, 2015 

2015 Review of Intuit ProSeries Tax

ProSeries provides a comprehensive professional compliance system at an economical price. ProSeries software efficiently guides users through the common steps of tax preparation of collecting and importing data to electronically filing returns accurately.

Steven M. Phelan