Latest Articles

April 14, 2022 

CPA Practice Advisor Privacy Policy LAST UPDATED: January 25, 2022 FirmWorks, a subsidiary of Right Networks, and its subsidiaries and affiliates, and owner of the CPA Practice Advisor, Tally Street, and Rootworks branded products, (“FirmWorks”, “we”, or “us”), recognizes the importance of protecting the privacy of information provided to us by those who use our...…

April 13, 2022 

Giving customers control over their personal information will ensure strong relationships with the company and could lead to a lifetime of ROI increases. These new imperatives for businesses to follow are key to success in the ...

April 13, 2022 

Building upon decades of sustainability and climate client service, Deloitte is assembling one of the largest global networks of sustainability experience including an investment of $1 billion (U.S.) in client-related services, data-driven research, ...

April 13, 2022 

The legal disputes have arisen because very few employers adopted clear policies about reimbursing workers for work-related expenses at home, according to academics and legal experts.

April 13, 2022 

Prices paid to U.S. producers jumped in March from a year ago by the most in records back to 2010, topping all estimates and underscoring persistent early stage inflationary pressures that risk feeding through to consumers.

April 13, 2022 

EY has announced an extension of the alliance with Wolters Kluwer to include the CCH Tagetik corporate performance management (CPM) solution and EY Advisory S.p.A (EY Italy), harnessing the power of data to help create opportunities for businesses to ...

April 13, 2022 

Some taxpayers may need to take additional actions related to Qualified Opportunity Funds (QOFs). To address this, the IRS announced on April 12 that it is sending out letters to these taxpayers, who should receive them starting this month.

April 13, 2022 

For those who have already fallen victim to identity theft or who want to take extra precaution, they can request an Identity Protection PIN from the Get an IP PIN tool on IRS.gov, to help prevent thieves from claiming tax refunds in their names.

April 13, 2022 

Most often, those who are self-employed or in the gig economy need to make estimated tax payments. Similarly, investors, retirees and others often need to make these payments because a substantial portion of their income is not subject to withholding.

April 13, 2022 

Firms using OfficeTools, Zola Suite, AbacusLaw, and Amicus Attorney can now manage the entire billing, payments and collections process within their practice management platform where they also manage clients, projects and communications.

April 12, 2022 

Employee handbooks have long been an essential workplace tool. Regardless of size, all employers should maintain a handbook. Handbooks often provide an employer’s history as well as its mission statement and guiding philosophy. They spell out the rules what is expected of employees and what the employer will provide in return. They have become ubiquitous...…

Richard D. Alaniz, JD

April 12, 2022 

While many economic relief programs have lost or exhausted their funding, planning in advance is key to generating the full scope of remaining benefits. Work with an advisor if you need support to understand the tax and audit considerations related to ...