Latest Articles

December 1, 2020 

Global tax software leader Sovos has announced that its Global Tax Determination version 8.8 solution has achieved SAP certification as integrated with SAP S/4HANA and SAP S/4HANA Cloud. The integration helps organizations that use SAP S/4HANA 1909 and SAP S/4HANA Cloud, extended edition, run their enterprise resource planning (ERP) on-premise or hosted by SAP. As...…

November 28, 2020 

By Pete Schile. In the world of accounting and finance, it’s not if we will reconcile accounts, it’s when we will reconcile accounts. Likewise, it’s not if we will experience a cyber attack, it’s when we will experience a cyber attack. It’s bound to happen. As accountants, one of our key responsibilities is to highlight...…

November 28, 2020 

Although the CARES Act Payroll Protection Program’s (PPP) loan application period closed last August, you most likely have clients who received funding and now need to plan for loan forgiveness. The rules changed since the program began.

Nellie Akalp

November 28, 2020 

With the pandemic causing vastly more businesses to have employees work remotely, including accounting and bookkeepers, its even more important that businesses who receive checks move their clients to the more secure and manageable process of ...

November 27, 2020 

Significant shifts to the workplace in 2020 are making way for a newly transformed world of work in 2021. The changing landscape this year has employers and workers looking to digital solutions to help them push through the challenges presented by a ...

November 25, 2020 

The CARES Act includes several temporary tax changes helping charities, including the special $300 deduction designed especially for people who choose to take the standard deduction, rather than itemizing their deductions.

November 25, 2020 

In a letter sent today to the Small Business Administration (SBA) and the Office of Management and Budget (OMB), the American Institute of CPAs (AICPA) has reiterated that the new PPP “Loan Necessity Questionnaires” are burdensome and do not ...

November 24, 2020 

Ahead of IIRC and SASB conferences next week, the Association of International Certified Professional Accountants (the Association) shared its 2021 plans to deliver education and resources that assist accountants with reporting on and assurance of ...

November 24, 2020 

The new feature allows employees to submit expense receipts online via the Beanworks app or website. Once uploaded, managers can review receipts and approve reimbursements from any location. The process is fast, accurate, and a much-needed solution as ...

November 24, 2020 

The American Institute of CPAs (AICPA) has announced that N.C. State University’s Poole College of Management’s Roby Sawyers, Ph.D, CPA, has received its Arthur J. Dixon Award. Also, Grant Thornton’s Jamie C. Yesnowitz, J.D., L.L.M. and Jeff Martin, ...

November 24, 2020 

Marcum LLP has released its 2020 Year-End Tax Guide, reviewing the impacts of the COVID-19 pandemic on individual and business taxpayers and outlining tax strategies for consideration before the end of this year and looking ahead to 2021.  The 88-page report’s nearly two dozen articles cover topics ranging from the Paycheck Protection Program and gift...…

November 24, 2020 

Let’s be real. None of us really knows what the end of 2020 and the beginning of 2021 are going to look like. The good news is that CPA firms that survived the pandemic chaos have learned valuable lessons about how to adapt work processes in ...