Latest Articles

June 10, 2014 

The Internal Revenue Service has created a "Taxpayer Bill of Rights" that will become a cornerstone document to provide the nation's taxpayers with a better understanding of their rights.

Isaac M. O'Bannon

June 10, 2014 

While larger firms may seem to have an advantage over their smaller counterparts because they allocate more money toward marketing and public relations, there’s no reason why smaller firms can’t do what they can to market their practices.

Scott Cytron

June 10, 2014 

Thomson Reuters has launched its next generation online tax research system, Checkpoint Catalyst, which features multi-jurisdictional content, embedded tools and an enhanced search engine. Catalyst is built on the Checkpoint platform, and is designed to help tax professionals more quickly find research results.

Isaac M. O'Bannon

June 10, 2014 

Small businesses are feeling slightly more confident in the economy, but one of the nation's largest organizations representing them says that there is "no sign of a surge."

Isaac M. O'Bannon

June 10, 2014 

Successful firms are actively engaged in finding and eliminating inefficiencies while growing the most lucrative parts of the practice. However, the flood of raw data available can be overwhelming. If you aren't getting the most out of your firm's data, you're missing an opportunity to strengthen your business.

June 10, 2014 

Non-equity partners don’t usually have the same “rights” that equity partners have: a vote, capital buy-in, goodwill-based retirement benefits, obligation to pay retirement benefits to others, legal liability and a share in the profits.

Marc Rosenberg

June 10, 2014 

Thousands of firms are working through the succession and retirement of senior partners and deciding along the way whether or not they can pull it off internally and stay independent. The single most important factor for success is what we see when we look over our shoulder – is the bench of people there to…

Gary Adamson

June 9, 2014 

I'm a constant believer in fate. Things happen for a reason; there is a path we move along in life that is waiting for us to discover. I'm also a believer in taking control of your life and helping yourself move along that path, looking out for yourself, and making sure obstacles don't deter you…

Gail Perry

June 9, 2014 

With less than a month to go, California businesses are eager to qualify for a new state income tax credit. The "California Competes" program, administered by the state Office of Business and Economic Development, is handing out $30 million to encourage companies to grow here and not leave the state. The pot will expand to…

June 7, 2014 

Kashoo is a web-based micro-business application which describes itself as a tool for “real simple accounting” and “small business record-keeping.”  Users can connect Kashoo to bank and credit card accounts online, and transactions are imported into the application without data entry.  Payroll giant Paychex made an investment in the company in 2013 and now remarkets...…

Brian Tankersley

June 7, 2014 

Our review of SaaS accounting solutions has focused on tools to help manage a general ledger and create financial reports, but many self-employed individuals and micro-businesses need a more basic day-to-day solution to help them bill customers, track receivables, and manage projects. While many applications can meet the needs of this segment, including the lower…

Brian Tankersley

June 7, 2014 

There are many in the accounting profession who can remember being the stereotypical accountant: the green eyeshade blocking out the glaring light bulb over a desk or table filled with handwritten ledger sheets, footing and cross-footing with a 10-key before handheld calculators existed...

Gail Perry