Article

October 10, 2017 

Identity theft is the fastest growing crime in America and accounting firms, with their wealth of taxpayer personal information, are often ground zero for cybercriminals. For many, the question is not if you’ll be the target of a cyber-attack, but when.

Jim Boomer

October 4, 2017 

Most people think that estate planning is for the ultra-wealthy. However, everyone needs some basic form of estate planning in order to pass their assets to the intended beneficiaries. When you die, your estate goes through a probate process and in ...

Craig Smalley

September 27, 2017 

With advances in virtual-meeting applications, many companies are turning to the video interview to evaluate job candidates. The format offers firms a host of benefits, including cost savings, access to remote job seekers and speed.

Paul McDonald

September 26, 2017 

College debt can range from several, to hundreds of thousands of dollars, so students and parents can always use some guidance in the best ways to manage the loans and save money. This presents a great opportunity for tax professionals to provide ...

Mike D'Avolio

September 26, 2017 

I pride myself on being ahead of the curve in this business. Accounting is such a conservative profession, and there is a lot of resistance to change. I was a partner in a partnership for 18 years. I spent a lot of my time dragging my other partners ...

Craig Smalley

September 26, 2017 

Let’s face it, accountants are usually the only professional who your client knows. Because of tax filings, we have to see our clients at least once a year. During that interaction, we are asked legal questions, financial planner questions – you name it.

Craig Smalley

September 26, 2017 

I have five employees and three offices across the country, so I travel a lot during the offseason. That doesn’t include all of the conventions that I attend and speak at. My wife and I travel so much that we took the extra step and signed up for TSA ...

Craig Smalley

September 23, 2017 

My first experience with a hurricane was in 1979 when Hurricane David brushed up the east coast of Florida. I saw how my parents prepared for the storm. They bought nonperishable food, water, and ice, and took cash out of the bank. We had a lot of cl...

Craig Smalley

September 21, 2017 

Most business owners want the same thing; they want to pass on their business to their kids. Others may want to sell the business, and some just want to give it away. However, all these options have unique tax concerns that must be considered.

September 21, 2017 

The relentless advance of technology. You are aware of it. Whether you are boomer, a millennial, or even Gen Z (some call them the “iGeneration”). We can’t deny it. We live in a time of technological marvels. And the velocity of development related to ...

September 21, 2017 

The office network that tax professionals and accountants use is at risk by hackers looking to do more than just peek at client information: The hackers are trying to take those networks over, says the IRS and state tax agencies. If that happens, the ...

Isaac M. O'Bannon

September 20, 2017 

As the U.S. Senate and U.S. House of Representatives return to session, a new survey from The Workforce Institute at Kronos Incorporated and Future Workplace reveals it can cost organizations as much as $100,000 each time a federal, state, or even local labor-related regulation is created or changed. “The $100,000 Bill” report is based on...…

Isaac M. O'Bannon