Accounting

Featured Articles

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October 9, 2014 

Survey Shows Most 2014 College Grads Are Under-Employed

Several months have passed since spring graduation and the majority of Class of 2014 college graduates are currently working. However, about half (51 percent) of that group are in jobs that don't require a degree, according to a new CareerBuilder survey.

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October 3, 2014 

IRS Issues New Rules for Local Hotel Expenses

Normally, a taxpayer may deduct travel expenses, including the cost of lodging, only when he or she is “away from home” on business. For this purpose, home means your tax home, usually the area surrounding your principal place of business ...

Ken Berry, JD

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October 2, 2014 

New Cabinet AP Module Automates Accounts Payable Tasks

Cabinet Document Management Solutions has launched Cabinet AP, a new module for its Cabinet SAFE product that is designed to automate manual processes in document-intensive tasks like accounts payable processing. Cabinet is a maker of electronic document

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October 1, 2014 

The Three Rs of Travel & Entertainment Deductions: Records, Records and More Records

[This is the last in a series of articles on maximizingdeductions for travel and entertainment (T&E) expenses.] In the not-so-distant past, the IRS often suspected that deductions for travel and entertainment (T&E) were being inflated or, even worse, being claimed when no legitimate expenses existed. Eventually, it carved out a strict set of recordkeeping requirements for...…

Ken Berry, JD

 Corporate Boards  of Directors are Focusing More on Risk Oversight

September 30, 2014 

Corporate Boards of Directors are Focusing More on Risk Oversight

Corporate boards are giving more attention to their risk oversight responsibilities, but as the risk landscape becomes increasingly complex, directors say they are less comfortable with their understanding of their company’s risk appetite, according to PwC’s 2014 Annual Corporate Directors Survey. The evolution of strategy oversight also continues, the report shows, as directors assess whether...…