Accounting August 4, 2026
Nominations Open for Innovation Awards and 40 Under 40 Awards
Nominations are currently being accepted for CPA Practice Advisor's 40 Under 40, 20 Under 40, and Tax & Accounting Tech Innovation Awards.
September 16, 2021
Baker Tilly Acquires Accounting FIrm Arnett Carbis Toothman, LLP in Mid-Atlantic
Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) announces its intent to acquire West Virgina-based accounting and consulting firm Arnett Carbis Toothman, LLP (ACT) and its subsidiaries. The combination will be effective Nov. 1, 2021.
September 16, 2021
Oct. 15 is Tax Deadline for Extended 2020 Tax Returns
Taxpayers can file now and schedule their federal tax payments up to the Oct. 15 due date. They can pay online, by phone or with their mobile device and the IRS2Go app. When paying federal taxes electronically taxpayers should ...
September 15, 2021
Extra, Extra: Read All About IRS Audits
Based on the guidelines in an industry-specific ATG, an IRS examiner can better reconcile discrepancies when reported income or expenses don’t match based on the usual standards in an industry or for a comparable business in the same geographic area.
September 15, 2021
CFOs and Finance Leaders Face Growing Responsibilities
The 2021 Finance Trends Survey, conducted by global consulting firm Protiviti, reveals that CFOs and VPs of finance are being looked to for additional actions and data that, until recently, were considered outside their purview.
September 15, 2021
2021 Tax Deductions for Business Travel
Many self-employed taxpayers are booking trips now in an effort to reenergize their business opportunities. Good news: If you meet certain requirements, you can write off the bulk of your travel costs, even if you “mix in a little pleasure” with your ...
September 15, 2021
Nevada Ends Direct-to-Consumer Shipping of Alcohol from Breweries, Distilleries and Retailers
Nevada used to be on the short list of states where breweries, distilleries, and retailers could ship alcohol direct to consumers (DTC). With Nevada’s change of heart, the list of states where breweries, distilleries, and retailers can make ...
September 15, 2021
2021-2022 Home Office Tax Deductions
To qualify for home office deductions, you must use at least part or your home regularly and exclusively as (1) your principal place of business or (2) a place to meet or deal with customers, clients or patients in the normal course of your business.
September 15, 2021
How to Classify Workers as Employees or Contractors
An employee is generally considered to be anyone who performs services, if the business can control what will be done and how it will be done. What matters is that the business has the right to control the details of how the worker’s services are ...
September 15, 2021
IRS Extends Dyed Diesel Penalty Relief
In response to the continued shortages of undyed diesel fuel caused by Hurricanes Ida and Nicholas, the IRS has extended the penalty relief provided in IR-2021-176 when dyed diesel fuel is sold or used on the highway.
September 14, 2021
Untangling Complex Ecommerce Tax Issues in the Tobacco and Vape Industry
Regulators and tax authorities have always kept the tobacco industry tidal with ever-changing regulations, taxation, and licensing. With new products like vapor wafting into the market, ecommerce sales surging, and the ...
September 14, 2021
Instant Payroll: 80% of U.S. Workers Want to be Paid “As They Earn It”
The study of U.S. workers, conducted online by The Harris Poll in August 2021, reveals clear expectations from millennials through to Generation X employees (between the ages of 18-44) to make payday more flexible. For this influential workplace ...
September 14, 2021
Compliance Automation Startup Strike Graph Raises $8 Million Series A Funding
Launched in 2020, Strike Graph helps companies of all sizes successfully pass their cybersecurity audits with a scalable security program that unlocks revenue faster by monetizing their security practices.