Latest Articles

April 5, 2022 

The new pilot program will benefit the IRS through more efficient access to digitized records and related metadata and improve security and data privacy.

April 5, 2022 

All business owners want to believe that the people they hire, entrust to do work for them, and pay would never betray them, the company, or their coworkers by stealing from the business. Unfortunately, the statistics say otherwise.

April 4, 2022 

Top-quality service isn’t a one-time deliverable, but a long-term habit. Make a point to consistently deliver more than what your clients are looking for and anticipate their needs. You’ll start to see more referrals than ever before.

April 4, 2022 

The Illinois CPA Society (ICPAS), one of the largest state CPA societies in the nation, has announced its new board of directors, serving during the April 1, 2022, to March 31, 2023, fiscal year.

April 4, 2022 

During the FASB’s PIR of the credit losses standard, including a May 2021 round table, investors and other stakeholders questioned the relevance of the troubled debt restructuring (TDR) designation and the decision usefulness of disclosures about ...

April 4, 2022 

The required information about climate-related risks also would include disclosure of a registrant’s greenhouse gas emissions, which have become a commonly used metric to assess a registrant’s exposure to such risks.

April 4, 2022 

The LITC Program is a federal grants program administered by the Taxpayer Advocate Service, led by National Taxpayer Advocate Erin M. Collins. The Taxpayer Advocate Service operates as an independent organization within the IRS.

April 4, 2022 

The Clockwork SaaS platform alleviates the pain founding teams experience wrangling the complexity of finances and forecasts while running fast-growing businesses. 89 percent of the more than six million employers in the U.S. have fewer than ...

April 3, 2022 

Although many of the recommendations for industry change may take years to come to fruition, there may be more immediate consequences for one of the focus areas: direct shipping of alcohol.

April 1, 2022 

U.S. citizens, resident aliens and any domestic legal entity with foreign banking accounts have a deadline of April 15 to file their annual Report of Foreign Bank and Financial Accounts (FBAR). For additional information about filing deadlines, filers ...

April 1, 2022 

Initial data for 2021 shows a marked improvement in the economic and business outlook. The study’s early goodwill impairment figures indicate the top 10 events for 2021 only reached a combined $5 bn, less than one-tenth of the top 10 amount of ...

April 1, 2022 

Having a steady income stream is critical to your survival when you’re a small business owner or self-employed – your bills can’t wait and you have to put food on the table. Even a single delayed payment can hurt. Multiple missed payments could well ...