Latest Articles

strategy1_11652166

September 13, 2021 

Compliance or Advisory? You Can Do Both

Unless something drastic changes in tax law or financial regulations, your clients will continue to need tax returns and financial statements. These continue to be profitable areas in an accounting firm, even as advisory services take up a growing ...

Jim Boomer

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September 13, 2021 

My Daily Checklist

There are a several steps to keep in mind when creating a checklist that can get you through the day. (I've put these steps into a list….)

Gail Perry

audit

September 13, 2021 

5 COVID Impacts on Internal Audit That Are Here to Stay

The survey uncovered five key trends respondents believe will have long-term impacts on internal audit teams, including: the continued increased use of technology to conduct audits, employing innovative means of gathering and analyzing evidence ...

retirement_accounts

September 10, 2021 

How to Spread Out the Tax Bite on Roth Conversions

Unless you’ve been marooned on a desert island somewhere for the last few decades, you should know all about the benefits of Roth IRAs. But you may have built a sizeable nest egg in a traditional IRA, including a rollover from a 401(k) or other ...

Form 1040 2020

September 10, 2021 

How to “Make a Deal” With the IRS

Briefly stated, an OIC is an agreement between a taxpayer and the IRS settling a tax liability for less than the full amount owed. To qualify, the taxpayer must have filed all tax returns, made all required estimated tax payments for the current year ...

global Technology_21_1_.54bfe611dadbc

September 10, 2021 

Remote Sales is Changing Business

The enterprise sales cycle is typically measured in months, if not years. Products and services are often complex, and when you’re helping companies automate their vendor payments like I am, you’ll end up working through some process changes.

CRI Logo_RGB

September 10, 2021 

CRI Acquires N. Carolina Accounting Firm Sharrard McGee

Top 25 nationally ranked CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI) has increased its investment in the state of North Carolina, expanding its locations to serve clients there through the merger of Sharrard, McGee & Co., P.A.

fasb

September 10, 2021 

FASB Issues 2021 Investor Outreach Report

The report highlights the expansive investor outreach completed by the FASB staff over the last year, including engaging in more than 430 investor interactions. Substantially all those interactions were the result of FASB-initiated outreach aimed at ...