Latest Articles

March 10, 2014 

Most firms are in the process of reflecting on their progress during this time of year. Often, that reflection leads to negative feelings of what did not happen, goals that were not met, numbers that were not obtained and people who left. A more effective process is one called Appreciative Inquiry.

Sandra Wiley

March 10, 2014 

After a divorce, if both spouses stay on title, they can both take advantage of their full personal residence exclusion of $250,000 – as long as one of them continue to use it as a personal residence AND this is specified in the divorce decree (a good reason to get along during the divorce negotiations).

Eva Rosenberg

March 8, 2014 

The latest national employment report held some bad news at our nation's retailers, and the National Retail Federation is sounding the alarm about further job declines should minimum wage legislation be passed.

March 7, 2014 

AMS Payroll is an add on module to the W-2/1099 Forms Filer, allowing payroll and non-employee compensation to be entered by check throughout the year. The program supports either “Live” or After-The-Fact Payroll.

March 7, 2014 

There has been a lot of activity in the online accounting market over the past few years and, according to some vendors, there is a big battle being waged for the minds (and wallets) of small businesses.

Isaac M. O'Bannon

March 7, 2014 

As an accountant, one might think managing a business and growing revenue would come naturally. But taking the time to focus on marketing, sales and business development objectives is one of the hardest aspects of building a company. That’s why we wanted to share some proven ideas to help save you time, money and grow…

James Walter

March 7, 2014 

A former Waterbury, Connecticut police detective was sentenced on Thursday to five months in prison and five months of home confinement for trying to mislead a federal Internal Revenue Service investigation of charitable contributions he claimed as deductions on his tax returns in 2007 and 2008, according to the U.S. Attorney's office.

March 7, 2014 

The Internal Revenue Service is opening the nomination and application process for membership on the Electronic Tax Administration Advisory Committee (ETAAC). The deadline for submitting applications is April 21, 2014.

March 7, 2014 

President Obama has just released a new 2015 budget designed to raise more than $1 trillion in revenue over the next ten years by boosting income taxes for upper-income individuals, closing or tightening tax loopholes and scaling back estate tax benefits.

Ken Berry, JD

March 7, 2014 

Get tax information about same-sex marriage.

March 7, 2014 

The practice of conducting a business valuation is a mix between art and science. There are standards that guide the professional appraiser, such as the Statement on Standards for Valuation Services (SSVS) published by the AICPA and the Uniform Standards of Professional Appraisal Practice published by the American Society of Appraisers. However, there is also…

March 7, 2014 

On March 5, the government released a second set of comprehensive regulations relating to the controversial health care legislation. Previously, regulations had extended the employer mandate for certain mid-sized firms by one year to January 1, 2016, while all responsible firms had benefited from a prior one-year delay. Now, following an earlier reprieve, the grace…

Ken Berry, JD