Latest Articles

March 11, 2014 

Credit and business analysis company FICO has announced a change to the well-known FICO Score, the most commonly-used measure of U.S. consumer credit risk. The new scoring system will be available beginning this summer.

March 11, 2014 

When I educate CPAs and accountants on social media marketing, I get two questions more often than any others. First, which application they should be on, and second, how they operate or participate in social media to get results.

Scott Cytron

March 11, 2014 

A new online pension implementation toolkit was released today by the Governmental Accounting Standards Board (GASB). The toolkit is designed to help preparers, auditors, and users of state and local government financial reports understand and apply the revised pension accounting and financial reporting standards that the GASB approved in June 2012. The toolkit is available…

March 11, 2014 

The Internal Revenue Service seeks civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies major taxpayer concerns, and makes recommendations for improving IRS services.

March 10, 2014 

Open Systems, Inc.and nettime solutions (intentionally lower case) of Scottsdale, Arizona, have entered into an agreement that will integrate Open Systems’ TRAVERSE business and accounting software solution with nettime solutions’ stratustime software to serve payroll and HR departments using TRAVERSE.

March 10, 2014 

Income tax filing deadlines for most small business are coming up soon, and the Internal Revenue Service is reminding small employers who offer health insurance to their employees to check out the small business health care tax credit and then claim it if they qualify.

March 10, 2014 

The Obama administration is relying on various federal agencies and organizations to help implement the complex rules under the Patient Protection and Affordable Care Act (PPACA), the comprehensive health care legislation otherwise known as “Obamacare.” Naturally, the IRS is expected to play a major role, including enforcement of the penalties for failing to obtain minimum…

Ken Berry, JD

March 10, 2014 

One of 2013’s hallmarks in the labor and employment field is the aggressive stance taken by the Equal Employment Opportunity Commission (“EEOC”), which enforces federal anti-discrimination laws. The EEOC’s Strategic Enforcement Plan (“SEP”), issued in December 2012, makes clear that the Agency’s primary objective is to combat “systemic discrimination” and barriers to employment.

Richard D. Alaniz, JD

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.