Article

September 6, 2018 

Join BKD’s Bob Johnson Jr. and Jim Pierzchalski for a 60-minute discussion covering updates and key considerations related to state income and sales tax. With recent state tax legislative updates in response to U.S. federal tax reform and the U.S. Supreme Court’s South Dakota v. Wayfair, Inc. decision, it’s important to understand how these issues—such as economic...…

September 6, 2018 

In this webinar Rick Solomon, CPA, CEO, and Coach to the accounting profession will share what the most successful firms are doing to earn more money, work less hours, and hand select only their ideal clients. During the webinar you’ll discover the key principles these wildly successful firms are using to consistently add $50,000 in...…

September 5, 2018 

Managing inventory properly is a critical function for retail-based businesses, as well as for service-based businesses, like plumbers and electricians, who may sell products along with the services. This is because inventory costs reflect affect actual profit, and inventory in stock affects is considered an asset for balance sheet, business valuation and taxation purposes.

Isaac M. O'Bannon

September 1, 2018 

Leaders in CPA firms across the country agree that Client Accounting Services (CAS) is an emerging, growing and profitable opportunity. In fact, it is one of the fastest growing new revenue segments of many Top 100 Firms, but it is relevant and ...

Jim Boomer

August 30, 2018 

At first blush, payroll fraud might seem difficult to pull off – after all, shouldn’t it be obvious? But a well-hidden fraud is not obvious to most business owners. And, unfortunately, by the time most payroll frauds are discovered, months (or, years) ...

Tiffany Couch

August 29, 2018 

Every firm needs to attract new clients and most firms in the country tend to have one partner who seems to have a natural gift of bringing in new clients. That person is your rainmaker. Everyone else at the firm maintains a client relationship and ...

Garrett Wagner

August 28, 2018 

When a business owner receives a notice of routine audit, there are typically three responses: (1) panic, (2) non-responsiveness, or (3) careful planning. There are many effective and structured ways for your client to handle an audit.

Mary C. Thomas

August 27, 2018 

Each year, CPA Practice Advisor recognizes professionals who are under 40, and are emerging as the future leaders in the profession, or those leading the development of technology that serves the profession.

Isaac M. O'Bannon

August 24, 2018 

There always seems to be an amnesty program going on somewhere. We recently reported on an amnesty program in Texas and other states are jumping on the bandwagon as well. The recent Wayfair Supreme Court decision has shed light on the requirements to ...

Monika P. Miles

August 23, 2018 

Unlike certain penalties, such as the Failure to File or Failure to Pay penalties, which can be abated due to reasonable cause, interest cannot be reduced or abated for reasonable cause. The abatement of interest is never permitted merely due to ...

Dave DuVal

August 23, 2018 

If someone asked, would you be able to describe your accounting firm’s corporate culture? This concept is the topic of many a workplace report, but what does it mean?

Paul McDonald

August 23, 2018 

Blockchain seems to be everywhere in the press and conferences related to accounting. There is clear merit to this coverage and blockchain is a technology with long-term importance. Applications have only been developed in a few pilot projects ...

Randy Johnston