Latest Articles

September 27, 2021 

The new IRS user fee was authorized under final regulations, TD 9957, available in the Federal Register. Closing letter requests must be made using Pay.gov. The IRS will provide further procedural details before the user fee goes into effect.

September 26, 2021 

The 2022 Projected U.S. Tax Rates report offers an early projection of deductions, limitations, upward changes to tax brackets thresholds and other inflation-adjusted factors.

September 24, 2021 

76% of accounting and finance leaders have stated that COVID-19 has accelerated the digital transformation of the accounts payable process.

Mary Girsch-Bock

September 23, 2021 

Taxpayers can now find answers to most questions about Joint Committee case reviews and links to additional resources at Large Tax Refunds and Credits Subject to Review by the Joint Committee on Taxation – What to Expect.

September 23, 2021 

The West Virginia State Tax Department recently clarified that although digital products are exempt from sales and use tax in West Virginia, streaming services are subject to West Virginia sales and use tax. This is at odds with West Virginia’s earlier guidance. Previously, the Tax Department suggested it didn’t tax streaming services. It’s possible to...…

Gail Cole

September 23, 2021 

The Federal Universal Service Fund promotes unrestricted access to broadband, lifeline communication, and many other public services. It was established originally to ensure everyone in the United States had access to communication services, such as ...

September 23, 2021 

Invoiced already provides many out-of-the-box reports that cover a wide range of topics from general A/R performance to tax and sales summaries. The new Advanced Reporting module now enables finance and accounting teams to answer ...

September 23, 2021 

Vertex Cloud Indirect Tax is also an Acumatica Certified Application (ACA) available on the Acumatica Marketplace, with incredibly fast deployment that delivers quicker time-to-value. Acumatica’s complete Cloud ERP solution has been recognized as a ...

September 23, 2021 

According to the Global Business Spend Indicator by American Express, 39% of U.S. businesses surveyed expect to expand their use of virtual cards over the next 12 months. The ability to create American Express virtual cards through Extend offers ...

September 22, 2021 

Professionals on the Move is a round-up of recent promotions and hires in the accounting space.

September 22, 2021 

As companies continue to increase their focus on improving diversity, equity, and inclusion (DEI) in the workplace, there is a social and business imperative to affect meaningful change through impactful DEI programs.

September 22, 2021 

The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted last December, provides several provisions to help individuals and businesses who give to charity. The new law generally extends through the end of 2021 four temporary tax changes ...