Latest Articles

December 7, 2020 

Wolters Kluwer Tax & Accounting has announced the addition of new capabilities to its innovative TeamMate Analytics solution used by external auditors at tax and accounting firms, as well as by internal audit departments in businesses and ...

December 7, 2020 

It’s customary to give to charity around the holidays at the end of the year. Not only does this benefit worthy causes, it can pay off with a bigger charitable deduction on your tax return.

Ken Berry, JD

December 5, 2020 

Taxify by Sovos         Sovos https://taxify.co From the 2020 reviews of sales tax compliance systems. Taxify by Sovos is an online sales tax management platform designed for eCommerce businesses and other online sellers though the product can also be used by brick and mortar retailers as well. A good fit for small to mid-sized retailers, Taxify...…

Mary Girsch-Bock

December 4, 2020 

Forget about it being your best shot at a medical deduction this year—it could be your last shot, depending on your personal situation. It all has to do with the threshold for deducting medical expenses.

Ken Berry, JD

December 4, 2020 

Not one of us could have predicted the year 2020 would turn out to be, but almost everyone would agree that we are hoping 2021 will bring a return to some degree of normalcy in our day to day lives. The good news is that throughout the ongoing ...

Roman Kepczyk

December 4, 2020 

There’s no denying that the holiday season is going to look a whole lot different this year. Without widespread immunization from Covid-19, which is still months away at minimum, mass travel and large gatherings will be limited. However, just because our holiday calendars look different, doesn’t mean the holiday spirit needs to take a year...…

Amy Vetter

December 4, 2020 

The letter states that without legislation, there is “…the specter or a surprise tax increase of up to 37 percent on small businesses when they file their taxes for 2020.”

December 4, 2020 

The Internal Revenue Service, state tax agencies and the tax industry have announced an improved feature that will be available on all 2021 online tax preparation products.

December 3, 2020 

The CAQ has released a new report with data and analysis on the first year that critical audit matters (CAMs) were included in auditor reports. Consistent with the requirements of the Public Company Accounting Oversight Board (PCAOB), the ...

December 3, 2020 

ImagineTime, a leading practice management software provider for the accounting industry, has acquired Mango Billing and has integrated it into its next-generation practice management solution foraccounting firms.

December 3, 2020 

With the release of QuickFee Installments – the first-ever “Buy Now, Pay Later” product designed for professional services – QuickFee is poised to become the global leader of the emerging “Advice Now, Pay Later” model. More than 30% of the ...

December 3, 2020 

Zaniewski will lead AICPA’s state regulatory and legislative efforts and build strong, collaborative relationships with internal and external stakeholders on issues that impact the CPA profession. She will serve as the AICPA’s primary voice and ...