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.
January 16, 2018
Buying Out Retiring Partners
Many firms focus first on the financial terms of the buyout as the most critical issue. While this is important (and discussed below) it pales in comparison to assuring you have competent replacement partners in place and a strong transition plan for ...
January 13, 2018
U.S. Supreme Court Will Hear Challenge to Quill Sales Tax Ruling
The U.S. Supreme Court has agreed to consider a case that has the potential to change how states can tax sales by ecommerce merchants and other out-of-state sellers. The case, South Dakota v. Wayfair, Inc., challenges the Court's decision in Quill Corp. v
January 11, 2018
3 New Year’s Resolutions for Small Business Success in 2018
The new year has always been a time to reflect on the progress, challenges and goals of the past twelve months. And, while many are focused on personal health and growth, it is equally as important for business owners to focus on their company’s ...
January 7, 2018
How to Help Your Clients Avoid – Or Survive – A Sales Tax Audit
Many small and mid-size businesses hire accountants and bookkeepers with the expectation they’ll help prevent an audit. Unfortunately, you can’t guarantee your clients won’t be audited for sales and use tax. No one can: States need sales and use tax ...
January 4, 2018
The Tax Blotter – Jan. 2018
Timing is everything in taxes and the new tax law —the Tax Cuts and Jobs Act -- is no exception. Generally, the provisions for individuals take effect in 2018, but there are several interesting wrinkles.
December 31, 2017
Workplace Resolutions For the New Year – 2018
Too often workplace policies are only considered in the context of some negative workplace action when it is actually occurs, such as a termination or other employment issue. Sometimes it may involve a legal claim by an applicant or employee.
December 19, 2017
A Step-By-Step Marketing Plan to Gain and Keep Franchise Clients
When you think about franchisees, do you imagine them working in and managing their business on a day-to-day basis? If so, you may only be thinking about a portion of the industry. In some case, they may own the franchise, but not actually work in ...
December 19, 2017
2018 IT Predictions for Tax and Accounting Firms
University professor John M. Richardson summed up his view of the future by stating: “When it comes to the future, there are three kinds of people: those who let it happen, those who make it happen, and those who wonder what happened.”
December 19, 2017 Sponsored
Taking the Work Out of Sales Tax
Intuit aims to save small businesses and accounting pros time with new automated Sales Tax feature
December 18, 2017
December 2017 Firm Management Channel
U.S. accounting firms that use advancement programs for promoting women to leadership positions overwhelmingly view them as effective tools in recruiting and retaining talent, according to new research by the American Institute of CPAs.
December 18, 2017
December 2017 Payroll Channel
When you run payroll, you must comply with payroll and labor laws. Brush up on payroll compliance legislation and common compliance mistakes so you can accurately run payroll without fear of penalties.
December 18, 2017
December 2017 Tax Channel
In the case of cryptocurrency, we have a dichotomy where the IRS is treating the currency as property for income taxes, and then asking that the property be reported as a foreign bank account.