Latest Articles

November 12, 2020 

Small mistakes in ACA filing can result in costly penalties approaching millions of dollars for the reporting organization, and most self-completion ACA software solutions do not offer the capability to identify or prevent IRS penalty risk.

November 11, 2020 

This strategic partnership provides the more than 700 Rootworks member firms with cutting edge cash flow monitoring and forecasting software as well as education and certification which will significantly jump start them to help small businesses with ...

November 11, 2020 

Inside “CPA Profession 2027,” ICPAS outlines how the CPA profession is facing a pace and type of change unlike any it has experienced before, where the rules of the race are literally being rewritten by technology. Key predictions include outlooks on ...

November 11, 2020 

Featuring 16 unique 30-minute sessions divided into three distinct tracks – Auditing for Superheroes, Accounting & Reporting Insights, and Navigating the Firm Landscape – this 2-day complimentary online conference provides auditors with a ...

November 10, 2020 

Forced to work from home during COVID-19, accounts payable departments have accelerated plans to move away from paper checks and pay more of their suppliers by ACH. That, in turn, accelerated another trend: fraud.

November 10, 2020 

Taxaroo will be the first to bring to market a video and texting integration, as well as built-in Spanish workflows. In total there are seven new features, including: integrated chat, scheduling functions, referral tracking ...

November 10, 2020 

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.

November 10, 2020 

While most eligible individuals automatically received their Economic Impact Payment, others who don’t have a filing obligation can only get their money by registering online with the IRS. The only way to do that is to use the Non-Filers to ...

November 10, 2020 

As employees scattered across the country during Covid-19, startups have faced new challenges. Companies must register separately in each state where they hire employees, in order to keep everyone insured and comply with local tax and labor laws.

November 10, 2020 

The Department of the Treasury and the Internal Revenue Service have issued guidance for employers and employees with terminating 403(b) plans that fund benefits through 403(b)(7) custodial accounts. The guidance reflects changes provided in the ...

November 10, 2020 

Each year, the AICPA FVS Section names two volunteers who contributed greatly to the practice and profession. Armstrong is the 2020 Forensic & Litigation Services (FLS) Volunteer of the Year, while York is the Business Valuation Volunteer of the Year.

November 10, 2020 

In the wake of the 2020 election, many expect that the Biden administration will seek to engage Congress to enact new tax legislation in order to raise revenue to pay the costs associated with the pandemic and other government programs.