Firm Management May 7, 2026
Tanzanian Accounting Firm Joins Abacus Worldwide
Enson Africa CPAs has joined the progressive international association of independent accounting, consulting and legal firms.
April 5, 2022
IRS to Digitize Archived Tax Filings in Tech Pilot Program
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
Employee Theft Is a Risk for Every Business: Here Are 12 Tips for Preventing It.
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
7 Tips to Increase Client Referrals to Your Firm
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
Illinois CPA Society Announces 2022-2023 Board of Directors
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
FASB Expands Disclosures and Improves Accounting Related to Credit Loss Standard
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
SEC Proposes Rules to Require Disclosures Related to Climate Impact
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
Grant Period for Low Income Taxpayer Clinics to Open on May 2, 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
Clockwork.ai Closes $2M Seed Funding for Financial Planning System
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
New Treasury Report on Alcohol Could Help Small Brewers and Distillers
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
FBAR Deadline is April 15 (Not 18)
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
Report Looks at Goodwill Impairments Throughout the COVID-19 Pandemic
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
How to Consistently Get Paid on Time without Alienating Clients
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 ...