Accounting

October 15, 2018 

Retail sales in September increased 0.4 percent over August on a seasonally adjusted basis and were up 3 percent year-over-year unadjusted, according to calculations by the National Retail Federation. The numbers exclude automobiles, gasoline stations ...

October 15, 2018 

Across the country, people are largely happy with their current homes, and would rather stay in them and make updates than move.

October 15, 2018 

3 Steps to Narrow the Gender Gap in Finance By Eman Goubran, CPA The focus on male hiring has taken a shift. In recent years we’ve witnessed heightened attention to gender-based issues, with movements across almost every industry imaginable to make the workplace a fair and equal environment for all individuals. The finance industry is...…

October 15, 2018 

Small Business Optimism Hits New Highs By Isaac M. O’Bannon, Managing Editor Small business optimism is at an all-time high in a new study. The latest quarterly Wells Fargo/Gallup Small Business Index, which measures small business optimism, had an overall Index score of 118, 12 percentage points higher than last quarter and the highest level...…

October 15, 2018 

Historically, most states exempted services from sales tax – for a good reason: When states first began to levy these taxes around 1930, people spent more of their money on tangible goods. However, according to the Bureau of Economic Analysis, those ...

Mike Plaster

October 15, 2018 

Many states are likely to move quickly to impose taxes (some already have). But it could take time for things to play out. For the moment, the Supreme Court’s decision applies only to South Dakota’s tax on internet retailers.

Anjum Tunuli

October 15, 2018 

Engagement with clients and leveraging your brand is done easier and made stronger with Bots. This emerging technology has promise today and in the future. While applying some Bot technology may be more technically difficult for you to apply without ...

Randy Johnston

October 15, 2018 

As an example of how accountants might leverage the cloud’s capabilities, clients can just scan or take a snapshot of invoices to be paid using an app. Those images go into a document storage system, where an optical character recognition (OCR) system ...

Chandra Bhansali

October 15, 2018 

The cloud is poised to revolutionize Client Accounting Services (CAS). With a desktop system, bill payment and bookkeeping for a substantial number of clients is a daunting task. Getting invoices and source material, entering data, and printing and ...

Chandra Bhansali

October 14, 2018 

We scoured the Federal Election Commission website to find relevant information for accountants who are working with political candidates and campaigns. The following material is excerpted from published reports of the Federal Election Commission.

Gail Perry

October 14, 2018 

Anyone still skeptical about the importance and viability of cloud software in business probably should consider a line of work that doesn’t involve business. The promise of the cloud (and all its various nomenclatures: “SaaS,” “web,” etc.) is here ...

Robert Israch

October 11, 2018 

The Illinois CPA Society is seeking minority college students who are sophomores, juniors, or seniors interested in accounting to apply for the Mary T. Washington Wylie Internship Preparation Program.