Latest Articles

December 8, 2020 

The IRS has just reminded nonitemizers that they may be able to claim a special deduction for charitable contributions in 2020 (IR-2020-264, 11/25/20). But it failed to mention that married couples filing jointly may be penalized.

December 8, 2020 

Wolters Kluwer Tax & Accounting has announced the addition of new features to the Engagement Organizer in its award-winning CCH® ProSystem fx® Engagement integrated audit management solution. With new Engagement Organizer capabilities, clients can now ...

December 8, 2020 

Every organization and department must take responsibility for its own security requirements, including planning for cyber incident response and recovery. From an accounting and finance perspective, outlining key considerations for acting upon ...

December 8, 2020 

Many American taxpayers haven’t caught up with the latest changes in the redesigned W-4, which the IRS released a year ago, putting them at risk for an unexpected tax bill next April. In fact, nearly two in five (37 percent) American taxpayers admit they aren’t even familiar with the W-4, including 11 percent who say...…

December 8, 2020 

The people in your firm will determine the success or failure of your business. They are your most important asset. Yet, a bad hire can drive away clients and poison morale. My team is important, and while I intentionally invest my time and money in ...

December 7, 2020 

While some employees blossomed working from home, the survey also found a significant decline in mental health across all industries, seniority levels, and demographics. Job satisfaction, job motivation and company satisfaction were also negatively ...

December 7, 2020 

While in recent years many accounting professionals have been making the shift from compliance to advisory services, the COVID-19 pandemic accelerated the urgency of this transition. 2020 has created all kinds of new challenges and questions for ...

December 7, 2020 

Jody Grunden, CPA, a pioneer of subscription-based billing within the accounting profession, has been named the 2020 recipient of CPA.com’s Innovative Practitioner Award, which recognizes innovation in process, services and technology implementation.

December 7, 2020 

The CPA Exam Fee Lottery was created to offset the high cost of taking the CPA Exam, which can often exceed $1,000 when factoring in all four parts of the Exam and initial application fees. Exam takers can also incur additional fees of several thousand...

December 7, 2020 

Wolters Kluwer Tax & Accounting has announced the addition of new capabilities to its innovative TeamMate Analytics solution used by external auditors at tax and accounting firms, as well as by internal audit departments in businesses and ...

December 7, 2020 

It’s customary to give to charity around the holidays at the end of the year. Not only does this benefit worthy causes, it can pay off with a bigger charitable deduction on your tax return.

Ken Berry, JD

December 5, 2020 

Taxify by Sovos         Sovos https://taxify.co From the 2020 reviews of sales tax compliance systems. Taxify by Sovos is an online sales tax management platform designed for eCommerce businesses and other online sellers though the product can also be used by brick and mortar retailers as well. A good fit for small to mid-sized retailers, Taxify...…

Mary Girsch-Bock