Latest Articles

Bad-Hire-IG_FINAL[1]

March 18, 2021 

Hiring Mistakes Hurt More During the Pandemic

When it comes to their most recent regrettable hire, senior managers said it took 10 weeks, on average, to realize the person was a poor match and to let them go, and an additional 6 weeks to restaff the role.

tax_planning_1_.57bce95f256b3

March 18, 2021 

What Do You Hear When You Listen to Your Clients?

It’s tax time and, be it virtually or in person, we’re meeting with many of our clients. In some cases, it’s the only time all year we will hear from them. We need to gather the appropriate financial information so that we can prepare their tax ...

Gail Perry

IRS_logo

March 18, 2021 

IRS Launches “National Settlement Month”

Settlement Days events are coordinated efforts to resolve cases in the United States Tax Court by providing taxpayers who are not represented by counsel with the opportunity to receive free tax advice from Low Income Taxpayer Clinics (LITCs), American ...

GrantThornton_logo

March 18, 2021 

Accounting Firm Helps Youth Who Age Out of Foster Care

Foster Nation helps former foster youth overcome the challenges associated with ‘aging out’ of the foster-care system. The goal is to help these young adults become self-sufficient and have the same opportunities for success as other youth.

taxes reform_1_.5540d268d98f6

March 18, 2021 

Many Taxpayers Won’t Benefit From Delayed Tax Season

Failure to include estimated payments nullifies any benefit of a postponement since the tax return work has to be done to calculate estimated payments. More than 9.5 million individual returns filed in for the 2018 tax year included estimated payments.

university-of-oklahoma isaac obannon 1_11675530

March 18, 2021 

Is it Time to Update College Accounting Programs?

In June 2021, AICPA and NASBA, with support of the American Accounting Association, will unveil a model curriculum to guide faculty in addressing the accounting coursework needed by those pursuing licensure under the new CPA Evolution model.

May 17 Tax Deadline 2021

March 17, 2021 

IRS Makes it Official: Tax Deadline Delayed to May 17, 2021

The Treasury Department and Internal Revenue Service have officially announced that the federal income tax filing due date for individuals will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance ...