Latest Articles

December 16, 2020 

The hotel industry is facing record job loss if Congress does not provide relief. Every hour Congress doesn’t act hotels lose 400 jobs, with up to 3 million permanent jobs lost. Seventy-one percent of hotels will not be able to ...

December 15, 2020 

Most banks and lenders are well aware of how synthetic identities can be used to fraudulently open a bank account and secure a credit card or other type of loan. According to McKinsey, synthetic identity theft is the fastest growing type of financial ...

December 15, 2020 

The bottom line is that we can’t let our guard down because the current working conditions are likely to continue for some time and may actually be permanent. And, these financial services firms provide valuable counsel that extends well beyond filing ...

December 15, 2020 

Tipalti vetted multiple potential vendors to address the need to securely handle their growing volume of transactions efficiently and ultimately chose Acuant for its robust, flexible, user-friendly, and customizable platform that stood out amongst ...

December 15, 2020 

Many businesses are beginning to prepare for their end-of-year filing and may be facing unique challenges due to the pandemic. For example, they may still be operating remotely. Regardless of their size and situation, TaxBandits continues to offer an ...

December 15, 2020 

The annual ‘fresh start’ that comes with a new year is fast approaching. This is a great opportunity for Americans to review their overall financial situation, check-in on their goals and set some new ones.

December 15, 2020 

The ability of small businesses to pay their full rent in December continues to decline, as more COVID-related shutdowns occur. Overall, 35% of small business owners reported that they couldn't make rent this month...

December 15, 2020 

In a year full of tax law changes, the Illinois CPA Society has highlighted potential hidden savings for all types of taxpayers this tax season. Below are some of the steps savvy taxpayers can consider to cash in on some extra tax-time savings.

December 14, 2020 

Industries like sales, marketing and customer support are already using VoIP phone systems to make their work and lives easier. There’s an opportunity for workers in other industries to get on board as well – accounting firms especially. What is VoIP and How Does it Work? In the era of COVID, a cloud based communication...…

December 14, 2020 

Now’s the time to begin ramping up your marketing efforts for what looks to be a very busy 2020 tax season. Some of these items take minutes to implement, while others could take a week or two of planning, development, and execution. Search Engine Optimization (SEO) When was the last time someone reviewed the keyword...…

Becky Livingston

December 14, 2020 

During the initial rollout of PPP, CPA firms were forced to set up manual processes to serve clients and often operated with limited guidance. To provide better support, the AICPA, CPA.com and fintech leader Biz2Credit in September launched a ...

December 14, 2020 

2020 has been a year like no other, and the experience is sure to shape how companies conduct business for many years to come. Year-end financial reporting processes will follow suit. Organizations face a great deal of uncertainty as they ...