Latest Articles

December 23, 2020 

Sarah Bradley, CPA – 2020 40 Under 40 Honoree Partner, Edwards Bradley PC Career highlights: With immense gratitude toward the smartest and kindest CPAs I met in the decade I spent with the AICPA’s Personal Financial Planning Section, I joined in partnership with Dirk Edwards to form our new practice Edwards Bradley PC in February...…

December 23, 2020 

Small business retailers using Clover integrated with Paychex Flex, now available through the Clover App Market, can more efficiently manage the essential tasks of payroll, staffing, time tracking, and scheduling while helping save time, increase ...

December 23, 2020 

Your work doesn’t stop with getting a prospect to say “yes.” The next thing to do is to help them become comfortable with your service as quickly as possible; you need to satisfy them by providing an excellent customer experience.

Shahram Zarshenas

December 23, 2020 

Dave Mundy – 2020 20 Under 40 Honoree President and Founder, AuditDashboard.com Career highlights: After working in public practice at PwC and leading finance teams for a private equity asset manager, Dave Mundy founded AuditDashboard – to help make the lives of accounting professionals easier. His vision? To develop and deliver a more connected, secure,...…

December 23, 2020 

Employers must continue to follow the reporting requirements under IRS Sections 6056. Under this section the IRS mandates that all employers with 50 or more employees must offer Minimum Essential Coverage to their full-time employees or face an ...

December 23, 2020 

Michael Jamison, CPA, CGMA – 2020 40 Under 40 Honoree President, OnTarget CPAhttps://ontargetcpa.com Career highlights: Founded and became President of OnTarget CPA in late 2015 Experience includes many areas of taxation including international tax matters, multi-state taxation, passive activity, tax credits and high net-worth individuals Firm awarded a co-sponsorship with the AICPA for the 2021...…

December 23, 2020 

Erin Roche, CPA, CGMA – 2020 40 Under 40 Honoree Team Leader, Elliott CPA Group, Inc., www.elliottcpa.com Career highlights: I have over 15 years of experience working for local CPA firms in Northern California. I have also served as an outsourced and in house controller for local businesses.  My career has been focused on helping...…

December 22, 2020 

The RMD rules for qualified plan and IRA participants, including those with inherited accounts, were suspended for the 2020 tax year by federal law. However, barring any subsequent legislation, you must resume or start RMDs in 2021 under a ...

December 22, 2020 

It costs a pretty penny to send a child to college these days. At least parents may be in line for some tax relief for higher education expenses paid or incurred in 2020. Consider the following four tax breaks that are currently on the books.

December 22, 2020 

But you can skirt this tax trap if you meet the requirements for one of several safe-harbor rules. Check your status before the end of the year to avoid any unnecessary complications.

December 22, 2020 

As 2020 draws to a close—finally—employers may take advantage of several tax credits for employee wages. Consider these four tax-saving opportunities created by recent tax legislation.

December 22, 2020 

Some taxpayers are living in a parallel tax universe. Reason: They have to contend with the alternative minimum tax (AMT), a complex tax calculation that runs parallel to your regular tax computation. After you compare the results at tax return time, you effectively pay the higher of the two. Despite recent favorable tax law changes,...…