Latest Articles

September 23, 2014 

The IRS has just announced new federal per diem travel rates for Fiscal Year 2015 (FY 2015), which spans October 1, 2014 through September 30, 2015. Unlike many other previous years, when per diem rates were typically bumped up just a dollar or two or not

Ken Berry, JD

September 23, 2014 

The saying that "money can't buy happiness" may not be right. In fact, with some research proving that money can buy at least some happines, up to a certain dollar amount, the personal finance social network WalletHub conducted an in-depth analysis of 201

September 23, 2014 

A Northwest Arkansas software company earlier this month received one of only 15 sales tax-related patents ever issued by the U.S. Patent and Trademark Office.

September 22, 2014 

Well, there were a few outliers, but the average effective tax rate for 2013 for this group of the largest and most established companies on the stock market was 29.5%, according to Wallet Hub. This average effective tax rate increased by 5.3 percent from

September 22, 2014 

Accounting and business management software maker Sage North America has reached an agreement to acquire privately-held PayChoice, a provider of payroll solutions for small and medium-sized businesses. Sage says the acquisition will help it create ...

September 21, 2014 

There’s nothing new about taxpayers mixing business with pleasure. For instance, a business executive might paint the town red after he or she signs a six-figure contract with a client or customer. Is the cost of entertaining the client or customer ...

Ken Berry, JD

September 21, 2014 

On September 18, the IRS released an advanced copy of Rev. Proc. 2014-54, which provides guidance on certain changes in method of accounting for dispositions of tangible depreciable property. One of the most notable changes in this 93-page document is tha

September 21, 2014 

It’s no coincidence that the number of deaths from cardiac failure occur during tax season. This is, after all, the time of year when the several of the most critical factors for a heart attack are present – elevated stress levels, cold temperatures, over

Dave McClure

September 19, 2014 

SAP, the international developer of enterprise software and customer relationship management systems, has reached an agreement to acquire travel and expense management company Concur, the companies announced early Friday.

September 18, 2014 

Chief Financial Officers (CFOs) at large organizations have undergone a profound transformation over the past decade, assuming more strategic responsibilities in addition to their traditional finance and accounting tasks. Now it appears that mid-market co

Isaac M. O'Bannon

September 18, 2014 

The latest report from Wolters Kluwer, CCH offers estimated ranges for each 2015 tax bracket as well as projections for a growing number of inflation-sensitive tax figures, such as the personal exemption and the standard deduction.

Isaac M. O'Bannon

September 18, 2014 

Suppose one of your clients receives a postcard or email heralding a business convention at a lush tropical paradise this winter. It’s hard to pass up and your client may jump at the opportunity. After the early presentations and round-table discussions,

Ken Berry, JD