Technology May 1, 2026
Canopy Launches Canopy Coworker
Accounting firm practice management platform Canopy has released Canopy Coworker, an AI execution layer designed to transition practices into autonomous firms.
July 16, 2018
Thoughts on 529 Plans and ABLE Accounts
A trick to move money from a higher tax bracket to a lower tax bracket is to pay your children a salary. In 2018, you can pay someone $9,500 and they are not required to file a tax return. My advice is always to put the kid’s salary into a 529 ...
July 16, 2018
Recurring Trends The IRS Should Be Looking At
While I agree that some of these are important, I wonder if the IRS is seeing what the rest of professionals are seeing as trends in the industry. While I agree that S-Corporation Distributions are out of control, the IRS is approaching these ...
July 11, 2018
Job Search Resources for Military Veterans
Former service members bring a wide array of skills to the civilian workforce based on their military education and experience, as well as their work histories prior to active duty. In the military, many thrived in tough situations and mastered ...
July 10, 2018
Israeli Firms Plan Mission to the Moon this December
The mission plans to launch in December and land on the moon on Feb. 13, 2019. The lunar landing will culminate eight years of intensive collaboration between SpaceIL and IAI, and will make Israel the fourth country after the U.S., China and Russia ...
July 10, 2018
The State of Accounting Firm Succession
According to the 19th Annual Rosenberg Practice Management Survey, for firms in the $2 million to $10 million category, 65.5% of partners are over the age of 50. Among sole practitioners and smaller firms, the percentage is 71.1%.
July 10, 2018
Squire & Company, PC Combines with Salt Lake City-based Pinnock, Robbins, Posey & Richins, P.C.
Squire, located in Orem, Utah, and PRPR, located in downtown Salt Lake City, together will offer new expertise to both companies’ client rosters, enabling the combined company to offer new and existing clients across several sectors a broadened ...
July 5, 2018
A.I., Machine Learning, Cognitive Computing As Profession’s Top Technology Hard Trends For 2018 – Part 2
Artificial intelligence, machine learning, and cognitive computing in audit and tax are the top trends that will impact the accounting and finance world over the next three years, according to research conducted by the Maryland Association of CPAs, ...
July 3, 2018
The New Postcard Size IRS Form 1040 for 2019
The Internal Revenue Service has released a prototype of the new Form 1040 that hundreds of millions of Americans use to file their annual taxes. The new "postcard sized" form will be used for the 2018 income tax year, which most Americans will file ...
July 3, 2018
Withum Names Three New Partners
The large national accounting firm WithumSmith+Brown has announced the promotion of three senior managers to the position of partner. Ryan Babiak, Joseph Cassano and Shawn P. Gillon are the newest partners to join the firm’s growing corporate leadership team, effective July 1, 2018. New partner bios can be viewed here. “Ryan, Joe and Shawn represent...…
June 28, 2018
AICPA Welcomes SEC Adoption of Rule Requiring Use of Inline XBRL
The iXBRL specification is used by millions of companies around the world to report their financial information. Based on discussions with companies implementing and using iXBRL, the AICPA believes that the use of iXBRL by filers will ...
June 28, 2018
65% of Small Businesses Fail to Act Following Cyber Security Attack
Once bitten, twice (thrice or more) shy? Unfortunately, of the businesses that reported having a cyber attack, 44% of them said they "had been attacked two, three or four times."
June 26, 2018
CFO 2.0: Going Beyond the Finance Function
Assuming roles outside of the finance function is of increasing importance for CFOs. From reporting tools to automation opportunities, CFOs are learning to roll with the punches with a host of new technologies coming online.