Latest Articles

December 21, 2020 

Preparing for the upcoming tax season is an important step in managing the professional liability risks associated with providing tax services. There are several steps firms can consider in planning for and delivering tax services. A few are noted below. Before the rush Busy season is, well, busy. A little bit of advance planning and...…

December 21, 2020 

Nikki Winston, CPA, MBA – 2020 40 Under 40 Honoree Finance Manager, Microsofthttps://www.NikkWinstonCPA.com Career Highlights: I began my career working for big corporations in manufacturing, financial services, and healthcare. My curiosity about middle markets led me to into private equity and M&A where I rebuilt accounting departments after reorganizations and acquisitions. While these weren’t the...…

December 21, 2020 

Dr. Sean Stein Smith, CPA, CMA, CGMA, CFE – 2020 “40 Under 40” Honoree Professor – City University of New York, Lehman Collegehttps://www.lehman.edu/academics/economics-business/faculty-steinsmith.php Founder and Executive Director – Institute for Blockchain & Cryptoasset Researchhttps://www.ibcr.info/ Career Highlights Dr. Sean Stein Smith is an assistant professor of Accounting in the Economics and Business Department at Lehman College....…

December 21, 2020 

The plan would provide direct payments of $600 to most Americans and $300 per week in enhanced unemployment benefits through March, according to lawmakers and aides. Expiring programs for gig workers and the long-term unemployed also would continue.

December 21, 2020 

The awards recognize 40 professionals who are under 40, and have emerged as future leaders in the profession, and 20 who are under 40 and leading the development of technology that serves the profession.

Isaac M. O'Bannon

December 20, 2020 

The AICPA announced Mehta’s pending election in a video announcement on Dec. 18. He will be formally elected during a vote of the AICPA’s Governing Council in May.

December 20, 2020 

The American Institute of CPAs (AICPA) has issued a statement noting that any proposals for a compromise on PPP expense deductibility are extremely problematic for small businesses and further ignores Congressional intent.

December 20, 2020 

As businesses look for new ways to thrive in a changing world of work, ADP is building upon its award-winning people analytics solution, ADP DataCloud, to help them innovate for the future. Announced today, the solution’s new features address some of the biggest challenges that businesses face today, including shifting economic policy, employee retention and...…

December 20, 2020 

This unique product is a complement to the Vertex Indirect Tax Accelerator for SAP ERP introduced five years ago that has provided a platform for hundreds of users of SAP technologies delivering additional capabilities and tax functionality.

December 20, 2020 

The season of giving is here, which means the annual exclusion deadline for tax-free gifts is fast approaching. Clients are likely flooding your inbox with the common question, “What can I gift tax-free before the year comes to a close?”. It can be difficult to distinguish between what is and isn’t allowed when it comes...…

December 19, 2020 

Congress may be on the verge of passing a second relief package, which could mean $600 stimulus checks, plus supplemental $300-a-week federal unemployment benefits if you're not working, and deferred student loan payments until April 2021.

December 18, 2020 

COVID-19 has changed the way businesses operate, pushing many to abandon their formal offices for homes-based ones. Moreover, the pandemic has caused many to reconsider their priorities in line.