Latest Articles

 FASB Commended for Update to Financial Guidance Reporting of Going Concern Entities

September 2, 2014 

FASB Commended for Update to Financial Guidance Reporting of Going Concern Entities

"“The CAQ commends FASB for its efforts in developing a standard that provides guidance regarding a preparer’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern, and, where required, to provide footnote disclosures about going concern uncertainties each reporting period," said executive director Cindy Fornelli.

Isaac M. O'Bannon

 Using Your Car for Business Purposes? Keep Good Records for the Tax Deduction

September 1, 2014 

Using Your Car for Business Purposes? Keep Good Records for the Tax Deduction

What often sets business taxpayers apart from individuals is the potential for deducting expenses relating to business driving. For virtually everyone else, the cost associated with operating a car or other vehicle is a nondeductible personal expense. However, if you use your own vehicle for business trips, you’re usually entitled to deductions on your federal…

Ken Berry, JD

 September SALT Checklist

September 1, 2014 

September SALT Checklist

What should you be doing in your state and local tax practice this month? Here's your SALT checklist for September.

 6 Tips for Small Business Owners To Reduce Effect of Minimum Wage Increases

September 1, 2014 

6 Tips for Small Business Owners To Reduce Effect of Minimum Wage Increases

Recent legislation in thirteen states to raise the minimum wage, various increases in some cities across the country, and news that an executive order may soon mandate an increase on federal contracts, means small business owners will face yet another challenge to build, sustain and grow their business in a difficult economic environment.

 Armanino Names Amazon Veteran as General Counsel

September 1, 2014 

Armanino Names Amazon Veteran as General Counsel

Armanino LLP, the largest independent accounting and business consulting firm based in California, announced today the appointment of Chris Carlberg as its first General Counsel in the firm's history. Chris is responsible for overseeing all legal work for the firm as well as advising on business policy and overall governance.

Isaac M. O'Bannon

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August 31, 2014 

Study: Oil & Gas Industry Creates 9.3 Million Jobs in U.S.

According to a new study just issued by the firm, the total economic benefits of the nation's increased oil and gas exploration and development activity translates into almost $1.2 trillion in gross product each year, including multiplier effects, and over 9.3 million permanent jobs.

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Firm Management August 31, 2014 

8 Tips to Finding New Clients at Trade Shows

Trade shows remain a viable marketing option for accounting firms, yet many practitioners still don’t see the value. The fact is that if the appropriate level of planning is applied, trades shows can prove exceptionally successful in terms of lead generation and networking. Firms must first think through such items as budget, the right shows…

Kristy Short, Ed.D.

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August 28, 2014 

5 Ways to Spot Fake IRS Phone Calls

The Internal Revenue Service continues to warn taxpayers across the country of a series of scam phone calls from people pretending to be IRS officials in order to get sensitive personal information. On Thursday, the agency issued a new consumer alert to provide taxpayers with additional tips to protect themselves.

Isaac M. O'Bannon

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August 28, 2014 

Accounting Firm BerryDunn Expands

Portland-based accounting firm BerryDunn is growing quickly as it adds and expands services such as company valuation, succession planning and government consulting work.