Accounting

December 10, 2021 

Following its strong support of bipartisan Senate legislation – the Disaster Retirement Savings Act (S. 2583) – the American Institute of CPAs (AICPA) is echoing that support for companion bipartisan legislation in the House, introduced by ­­­­­...

December 10, 2021 

This year’s food drive easily surpassed 2020’s food drive collection of $25,000 in online contributions and approximately 1,000 pounds of nonperishable food items and canned goods. Since 2010, the NJCPA has donated more than 20,000 pounds of food ...

December 8, 2021 

AICPA News is a roundup of recent announcements from the institute.

Isaac M. O'Bannon

December 8, 2021 

One of the challenges associated with team learning is that everyone is at a different level. Some people are great with technology; others know everything about compliance. And sometimes, people don’t want to let others know they’re struggling with a ...

Paul McDonald

December 7, 2021 

Your clients that survived the pandemic did so by pivoting, adapting and downright changing in ways they may have never expected. While their core model or values may be the same, there’s something new about them, influenced by their experiences over ...

December 3, 2021 

Cloud accounting software maker AccountantsWorld, which provides technology for professional accounting firms, was recently featured on an episode of ION Television’s World’s Greatest. The segment gave an overview of the people behind AccountantsWorld, and how their technologies help firms be more productive and efficient.

December 3, 2021 

BKD CPAs & Advisors is poised to further enhance the ways in which it serves its clients across the country in 2022, CEO Tom Watson said in a keynote address to employees at the firm's recent annual Leadership Conference held in St. Louis. Watson, who ...

December 3, 2021 

Once a remote seller establishes economic nexus with a state, it must register with the state tax department and begin collecting, remitting, and filing sales tax as required by law. But what happens if that same seller’s sales eventually fall beneath the state’s economic nexus threshold? Can a business cancel its sales tax registration? If...…

Gail Cole

December 2, 2021 

Randy Johnston and Brian Tankersley, CPA.CITP, CGMA review Accounting Power from AccountantsWorld.

Brian Tankersley, Randy Johnston

December 2, 2021 

The new feature uses machine learning to predict the contact and account code for transactions that cannot be matched to invoices or bills using an organization’s bank rules, Xero’s matching logic, or memorizations. Previously, businesses had to ...

December 2, 2021 

Those that have started are mainly in the early stages with 18% still gathering the requisite data, 15% in progress and 15% still assessing the impact of ASC 842. In addition, a further 6% have delayed their projects while focusing on other priorities...

December 2, 2021 

Offering clients investment advice is inherently challenging and somewhat risky. Though financial planners and investment advisors are expected to provide such guidance, CPAs and tax professionals are specialists in niches outside of investing, meaning...