Latest Articles

RightNetworks1

October 4, 2021 

Managed IT Cloud Services and the Modern Firm: Building the Perfect Partnership

You need to keep your firm moving forward by offering new services to clients and keeping employees happy and productive. But when servers need maintenance, software needs updating and security issues become scary, dealing with IT issues can take precious time away from running your business. In this eBook, learn about outsourced IT and what...…

PRIORITY_10042021

October 4, 2021 

Make merchant client relationships longer and more profitable

As an accountant, you know your merchant clients need reliable payment processing. But did you know you can supply them with solutions that make your job easier, make you more integral to their success, and also provide recurring revenue for you? Learn how to make your relationship with your merchant clients more “sticky” and more...…

Tax business tax_Tips_for_Schedule_C_Filers_1_.54986ceb23dc8

October 1, 2021 

New York State Contractors Face a Heightened Risk of a Tax Audit

In New York, the contractor has the unusual burden of being considered the consumer of building materials; therefore, a resale exemption doesn’t apply, and sales tax is due to the vendor. The contractor pays the sales tax on building materials upfront ...

tax_planning_1_.57bce95f256b3

October 1, 2021 

Oct. 15 is Deadline for Extended FBARs

U.S. citizens, resident aliens and domestic legal entities have until Oct. 15, 2021 to file their extended Report of Foreign Bank and Financial Accounts (FBAR) is Oct. 15, 2021.

GrantThornton_logo

October 1, 2021 

Grant Thornton Sees $1.97 Billion in Revenue for FY 2021

Grant Thornton was also named to Working Mother magazine’s 2020 100 Best Companies and Best Companies for Dads lists. The firm was additionally named one of the 2020+ Top Companies for Executive Women by Working Mother Media — and received a score of ...

Labor_Employment_Law_Alaniz

September 30, 2021 

Wage and Hour Audits May Be Coming

In the past, the Department of Labor Wage and Hour Division (WHD) would commonly randomly select employers for compliance audits with the provisions of the Fair Labor Standards Act (FLSA). Random audits have all but ended for a variety of reasons.

Richard D. Alaniz, JD

Cromwell_John_1st-Black-CPA_2021-Article-e1614006064903[1]

September 29, 2021 

Early Black-Owned CPA Firms Spurred Diversity Efforts

Accounting firms established by pioneering Black CPAs decades ago created an indelible legacy within the accounting profession. Built by Black CPAs who succeeded despite adversity, the firms continue to play an important role in the profession’s ...

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September 29, 2021 

How to Simplify Business Expenses: Learnings From the Pandemic

Many businesses are preparing for working conditions to return to normal sometime soon—but the definition of “normal” continues to change dramatically. The realities of the business world in light of the pandemic make previously predictable ...