Latest Articles

Black CPA Leaders

June 27, 2021 

Black CPA Centennial Promotes Advancement

Leaders from the Black CPA Centennial, whose organizations work to promote the advancement of Black CPAs, offer insights on the present and future state of the profession’s diversity.

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June 27, 2021 

More Americans Using Tax Professionals for Filing

As IRS enforcement takes the spotlight in political agendas, tax professionals need to be more informed and educated than ever before. One way for tax preparers to remain connected to the industry and receive the information necessary to complete ...

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June 24, 2021 

Do Your Clients Need a Mid-Year Tax Checkup?

CPA tax advisors are in a unique position as financial physicians. Now is an ideal time to be proactive and contact clients who might be in need of a mid-year financial check-up. With potentially significant changes to the tax landscape looming, we ...

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June 24, 2021 

Cannabis Accounting: What Your Clients Need to Know

Because so many new cannabis business owners have lots of questions I've pulled together the common ones I hear so you can help prospective clients understand the ways accounting professionals can support their businesses.

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June 22, 2021 

Credit Cards Could Be the Next Big Opportunity in B2B Payments

With the advent of widespread remote work, businesses have made impressive leaps in eliminating checks and adopting electronic supplier payments. These changes primarily translated to increasing the number of ACH or Direct Deposit payments made.

Covid Taxes IRS

June 22, 2021 

Most States to Treat PPP Loan Forgiveness as Nontaxable Income

Twenty-nine state tax departments responded they will follow the federal treatment of such forgiveness or cancellation under section 1160(i) of the CARES Act and will not treat these amounts as taxable income. An executive summary of the survey, which ...

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June 22, 2021 

AICPA is Offering More than $125,000 in Scholarships and Grants

The AICPA’s CPA Exam Scholarship offers up to $1,500 to at least 50 AICPA Student Affiliate members or AICPA CPA Exam Candidate Affiliate members in the U.S. to reimburse fees for taking the CPA Exam as well as Exam preparatory courses and materials.