Latest Articles

August 24, 2015 

No matter how you personally feel on the subject, the reality is that legal Cannabis is becoming a booming business, ripe with opportunities for an accounting practice to work and consult with businesses in the marketplace on a full range of tax ...

Webb Stevens

August 24, 2015 

The system includes a new web-based interface and more search options and the ability to receive automatic delivery of access links to the latest sales tax rates, helping provide accurate sales and use tax rates when and where they are needed.

August 24, 2015 

If more than half of the employees are furnished meals for the employer’s convenience, the meals for all employees are treated as being furnished for the employer’s convenience, even if the rest of the employees don’t meet this test. This rule could be cr

August 20, 2015 

Plenty of stars, from Jessica Alba and Kate Hudson, to Ashton Kutcher, and Dr Dre, have started dabbling in entrepreneurship. But, according to a Xero survey of small business owners, maybe some of them should stick to their day jobs. In honor of World Entrepreneur Day, cloud-based accounting software company, Xero, polled small business owners...…

August 20, 2015 

Here are 5 tips for employers to consider before using social media as part of its vetting process, in order to help employers avoid the risks that may accompany its use.

August 20, 2015 

No matter how you personally feel on the subject, the reality is that legal Cannabis is becoming a booming business, ripe with opportunities for an accounting practice to work and consult with businesses in the marketplace on a full range of tax ...

August 19, 2015 

The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed a new chair and three new members of the Private Company Council (PCC) to three-year terms that begin on January 1, 2016. Six PCC members were reappointed.

August 19, 2015 

Due to a little-noticed provision in the new highway appropriations bill signed into law on July 31 – the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 – the deadline for filing an FBAR (Report of Financial Bank and Financial Accounts) has been moved up from June 30 to April 15. But...…

August 19, 2015 

There’s absolutely nothing new about the hybrid cloud. You’d think that accepting that fundamental fact would be self-evident, but unfortunately it’s not. The terminology is misleading and has long since ceased to describe anything specific.

August 19, 2015 

The credits apply to eligible students enrolled in an eligible college, university or vocational school, including both nonprofit and for-profit institutions. The credits are subject to income limits that could reduce the amount claimed on their tax ...

August 19, 2015 

The IRS has a confession: The data breach involving its “Get Transcript” app was larger than it initially reported. How much larger? About three times as much.

August 19, 2015 

The deadline generally applies to Form 2290 and the accompanying tax payment for the tax year that begins July 1, 2015, and ends June 30, 2016. Returns must be filed and tax payments made by Aug. 31 for vehicles used on the road during July.