Staffing May 7, 2026
What Top Accounting Firms Hire for in 2026: 5 Key Skills Defining the Next Generation of CPAs
As teams become more complex and technology-driven, project management is emerging as a critical skill beyond CPA training alone.
Taxes June 21, 2022
Are You Ready for New 1099-K Rules?
It used to be that receiving a Form 1099-K was relatively rare. The form, technically known as Form 1099-K Payment Card and Third-Party Network Transactions was used to report payments received from various third-party resources. Prior to 2022, the monetary threshold to receive a 1099-K was $20,000, with 200 sales-related transactions required. Both requirements had…
June 21, 2022
Deborah Thaw, CPA, CGMA Elected Chair of GSCPA Board of Directors for 2022-23 Year
Thaw has been an active and involved member of GSCPA for 41 years. She previously has served as President of the Educational Foundation, terms as a statewide director and treasurer on the GSCPA Board of Directors, and has volunteered her time on ...
Auditing June 21, 2022
Guide Offers Advice on Managing ESG Fraud Risks
Environmental, social and governance (ESG) initiatives are some of the most important topics discussed in boardrooms today. However, when ESG programs are not implemented correctly, organizations can quickly find themselves enmeshed in a maelstrom of missteps and negative headlines.
Sales Tax June 21, 2022
Colorado Retail Delivery Fee is a New Challenge for Wine Shippers
Colorado’s new retail delivery fee applies to any retail delivery in the state that’s made by motor vehicle (including common carriers like FedEx and UPS) and contains at least one item of tangible personal property subject to the state sales or use tax. Since sales tax applies to sales of wine, the retail delivery fee applies…
Sales Tax June 21, 2022
Brick-and-Mortar Companies Face Challenges Selling Online
More than half of consumers surveyed now prefer to find new products in-store rather than online, according to a new report by 5WPR. They enjoy speaking with sales people, getting their hands on products, and simply basking in the in-store ambiance that was closed to them for a time due to COVID-19. Likewise, more than 75% of…
Taxes June 21, 2022
Remote Workers Abroad Can Cause Employer Headaches
Ordinarily, having an employee working remotely in another state would likely give your company nexus with that state. But after the pandemic hit, several states temporarily waived the enforcement of certain nexus laws. Indiana, Massachusetts, Mississippi, New Jersey, Pennsylvania, and Washington, D.C., were among the first to announce they wouldn’t treat working from home as a…
Firm Management June 21, 2022
Report Shows Trends Affecting Firms
Practice management is the heart and sole of an accounting firm, handling everything from initial client contact to managing workflow, to properly tracking hours and billing clients. When asked, here’s what respondents said were their biggest practice management challenges in 2021.
June 21, 2022
Illinois CPA Society Announces May 2022 Strategy Academy Graduates
The Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—is proud to announce its second class of Strategy Academy graduates. Launched in 2021, ICPAS’ invitation-only Strategy Academy aims to develop the strategic thinking ...
June 21, 2022
Guide Focuses on ESG Fraud Risks
Environmental, social and governance (ESG) initiatives are some of the most important topics discussed in boardrooms today. However, when ESG programs are not implemented correctly, organizations can quickly find themselves enmeshed in a maelstrom of ...
June 21, 2022
Grant Thornton Launches qm.x – New Cloud-Enabled Application for ISQM 1 Compliance
The new standard, which takes effect in December 2022, is known as ISQM 1: short for International Standard on Quality Management 1. The ISQM 1 standard is meant to ensure a system of quality management at organizations that conduct audits, review ...
June 21, 2022
IRS Opens 2023 Low-Income Taxpayer Clinic Grant Application Period
The LITC Program is a federal grant program administered by the Taxpayer Advocate Service (TAS), which is led by National Taxpayer Advocate (NTA) Erin M. Collins.
June 21, 2022
Report Shows Trends Affecting Firms
Practice management is the heart and sole of an accounting firm, handling everything from initial client contact to managing workflow, to properly tracking hours and billing clients. When asked, here’s what respondents said were their biggest practice ...