Taxes January 26, 2026
Welcome to Tax Season 2026
The IRS today opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025.
May 22, 2018
May 2018 Payroll Channel
4 Ways Employers Can Show Employees They Care By Isaac M. O’Bannon, Managing Editor When an employer shows empathy – treating employees as human beings with feelings and not just workers who help produce profit – it can make a significant difference in the workplace, studies show. How much of a difference? A 2018 State...…
May 22, 2018
May 2018 Tax Channel
IRS Clarifies Tax Requirements for Tip Jars By Ken Berry, J.D., Tax Correspondent Do you ever leave spare change in tip jars or boxes on counters of business establishments? The tax rules for these payments are tricky. In a new Chief Counsel Advice (CCA), the IRS has clarified that cash amounts constituted tips that are...…
May 22, 2018
May 2018 Small Business Channel
5 Ways Small Business Owners Can Prepare for Retirement By Isaac M. O’Bannon, Managing Editor Preparing financially for retirement can be complicated for anyone, but for small business owners the process often poses even more challenges. Teachers, police officers, firefighters and other government employees generally receive a pension. The corporate world can offer benefit plans...…
May 22, 2018
May 2018 Accounting & Audit Channel
5 Blockchain Tips for Accounting Firms By Isaac M. O’Bannon, Managing Editor There has been a lot of talk about how blockchain technology will disrupt the role of accounting as we know it today. In truth, disruption has already been happening through automated accounting software and other applications that help accounting firms process data faster,...…
May 22, 2018
May 2018 Firm Management Channel
7 Tips to Get the Most from CPE Credits By Mohamed Markar As a working CPA, your time is valuable. Faced with the duties of your profession, it’s challenging to find the time to earn continuing education credits. It’s especially difficult if you happen to be the CEO of a successful accounting firm as well...…
May 21, 2018
The Future of the Online Sales Tax “Physical Presence” Nexus Standard – Part Six
If the Court Overturns Quill, Will it Apply Retroactively? Were the Wayfair Court to apply the decision to overturn Quill retroactively, remote sellers, including Wayfair, could argue that this amounts to a discriminatory tax on interstate commerce ...
May 21, 2018
Retirement Planning for a Small Business Doesn’t Have to Be Complicated or Expensive
Employers serve an important role in preparing themselves and employees for retirement and the accompanying tax deferrals. After all, offering retirement benefits is a great way to attract and retain good talent. Here is some information you can pass ...
May 21, 2018
2018 Review of Sales Tax Systems
In this issue, we review several sales and use tax software products that are designed to make managing sales tax functions easier. Many of the products offer tracking and filing in all the necessary states, though a few offer filing capabilities in ...
May 21, 2018
Workers’ Comp Claims: A Common Employer’s Nightmare
Given that many workers’ compensation claims involve injuries that could be considered a “disability” under the provisions of the Americans with Disabilities Act, as amended, (ADAAA), there is a likelihood that it may apply at least in some ...
May 21, 2018
Discipline is the Game Changer
Transformation happens one step at a time. One decision at a time. Repeated steps in the right direction lead to new destinations instead of down the same old paths. But we must keep in mind that the road to change or transformation is uphill.
May 21, 2018
Convenience vs. Security in the Internet of Things
Any device that communicates and can be accessed via the internet based upon its IP addresses plays a role in your firm’s security. This obviously includes mobile devices, but it may also include copiers, printers, thermostats, televisions, motion ...
May 20, 2018
7 Must-Haves for Accounting Firm Succession Plans
The most stunning statistic today in the CPA industry is this: 80% of first generation firms never make it to the second. Why? They have non-existent or ineffective succession plans.