Latest Articles

September 24, 2020 

Nine out of ten organizations said they experience challenges with the financial close process, with the top challenges being 1) a time-consuming process, 2) the risk of experiencing manual errors, and 3) under-supported to achieve their goals.

September 24, 2020 

An early glimpse at the income tax picture for 2021, as projected under current tax law, is now available from Wolters Kluwer Tax & Accounting. The new information includes estimated ranges for each 2021 tax bracket as well as projections for a ...

September 24, 2020 

By participating in the CCH Forward Together virtual online conference, tax and accounting professionals will also have the opportunity to interact with and learn from some of the top tax & accounting practitioners, technologists, and ...

September 24, 2020 

Drawing on publicly available data, the AJPT study employs a novel method to focus on the years immediately preceding and following mandated partner rotations. Joining Prof. Whited as co-authors in the AJPT’s current issue are Huan Kuang and Matthew G.

September 24, 2020 

The new brand was rolled out internally as part of the firm’s 75th anniversary celebration. Effective January 1, 2021, the firm’s legal name will be AdamsBrown, LLC.

September 24, 2020 

The AICPA was awarded ownership and management of the .cpa top-level domain last year by the Internet Corporation for Assigned Names and Numbers (ICANN). CPA.com is responsible for managing the service.

September 24, 2020 

The greatest pandemic-related concerns that business executives cited for the next 12 months are safety of employees and customers (33 percent), uncertainty over stay-at-home restrictions (29 percent) and customer demand/ability to...

September 24, 2020 

The coronavirus (COVID-19) pandemic has made selling online essential for many businesses. Economic nexus and marketplace facilitator laws obligate many online sellers to register in states where they have no physical presence.

September 24, 2020 

The 1099-NEC is used strictly for reporting independent contractor payments of $600 or more in the course of your trade or business. You will still be required to use the 1099-MISC for such items as royalties, rent, and healthcare payments.

September 23, 2020 

The move comes as California battles historic wildfires that Newsom has blamed squarely on global warming, with more than 3.6 million acres burned so far this year. It could prompt other states that have followed California’s climate and ...

September 23, 2020 

Facturama's service will allow for greater scaling capabilities in Mexico, where the small business market is significant and growing. The purchase amount has not been disclosed. FreshBooks has paying customers in 100+ countries.

September 23, 2020 

Specifically, the final regulations clarify that the following deductions are allowable in figuring adjusted gross income and are not miscellaneous itemized deductions: