Latest Articles

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January 29, 2014 

Common Financial Scams Target Seniors

A 75-year-old Aiken, South Carolina woman on recently wired her grandson $1,300 for bond after he was arrested in Mexico for drug possession. The only problem is, it wasn't her grandson -- it was a scammer cheating the woman out of money.

 Intuit Unveils the New QBOA

January 28, 2014 

Intuit Unveils the New QBOA

Last year, Intuit created true harmony among its products and services, rolling out one look and feel that would make it easier for users to switch between products. The financial management solution provider has now extended that harmony to its QuickBooks Online Accountant solution. In February, Intuit debuted its enhanced QuickBooks Online for Accountants. In...…

Taija Sparkman

 IRS Proposes Fines For Non-Compliance With Health Insurance Mandate

January 28, 2014 

IRS Proposes Fines For Non-Compliance With Health Insurance Mandate

Most U.S. taxpayers must secure health insurance coverage this year whether they want to or not. But the IRS and Treasury Department have clarified several exceptions to the rules in new proposed regulations relating to the health insurance mandate for individuals.

 Accounting Services App Bridges Gap Between Firms and Clients

January 28, 2014 

Accounting Services App Bridges Gap Between Firms and Clients

It’s an ongoing challenge for many small businesses owners: finding time to sit down with their off-site accountant to go through queries on financial documents. Now a company has come up with an innovative solution designed to bridge this gap between the business and their accountant.

 AICPA Commends FAF for Funding IASB

January 28, 2014 

AICPA Commends FAF for Funding IASB

The American Institute of CPAs (AICPA) issued the following statement by President and CEO Barry C. Melancon, CPA, CGMA, in response to the Financial Accounting Foundation’s announcement that it will provide funding to the International Financial Reporting Standards Foundation to support the completion of international convergence projects:

 How Accounting Firms Can Protect Against Identity Theft

January 28, 2014 

How Accounting Firms Can Protect Against Identity Theft

In the wake of the recent identity theft of some 40 million accounts from retail merchant Target, and the potential for massive theft from the health care exchanges set up under the Patient Protection and Affordable Care Act (ACA), consumers are again left bewildered -- and looking for someone to take the lead in crafting…

Dave McClure

 The New Controller Checklist

January 27, 2014 

The New Controller Checklist

Anyone who has been hired into the controller position for the first time may feel overwhelmed, since the job description involves an enormous range of responsibilities.

Bethany O'Hoyt