June 30, 2014
Report: Prices Rising Faster than Wages
Food prices are rising. And inflation, that word common in American conversation 25 years ago, is eating up wage gains.
June 30, 2014
AICPA Offers New Education Website
The American Institute of CPAs has launched a new website designed to spark a profession-wide reevaluation of how CPAs engage in lifelong learning and measure competency in a fast-changing world.
June 26, 2014
Indiana Board of Accountancy to Permit Competency-Based Education for CPA License Renewal
Indiana has become the first state to permit competency-based education to qualify for CPA license renewal. The Indiana Board of Accountancy and Indiana CPA Society have partnered on the new pilot program, and the change was facilitated through work of the CPA Center of Excellence. Announced last week, the CPA Center of Excellence has been…
June 26, 2014
CCH IntelliConnect Direct Now Available to All Professionals
Tax and accounting technology developer Wolters Kluwer, CCH has made its new CCH IntelliConnect Direct available to all professionals. The system, which provides a universal research interface that offers anytime, anywhere access to accurate, reliable, and continuously updated U.S. and global tax, accounting and regulatory information and guidance, had been in limited beta availability. It…
June 25, 2014
Finance Teams Expand Duties in Response to Business Complexity
The role of finance teams is expanding beyond the traditional areas of accounting and financial reporting, according to a new survey by the AICPA and the Chartered Institute of Management Accountants.
June 25, 2014
Taxes Remain Biggest Issue Impacting Small Businesses
If there was a Letterman Top 10 list for the things that make small business owners have a migraine, the number one spot would be the U.S. tax structure.
June 25, 2014
Founders of JDJ Resources Start New Firm
Boston-based JDJ Family Office Services, which provides administrative multi-family office and personal CFO services to high net worth individuals and families, will retain its entire 21-person staff and continue to deliver the same suite of customized services to its existing and expanding client base.
June 25, 2014
Tax Experts Explain New E-Signature Rules in Free CPE Webcast
On Tuesday, July 15, CPA Practice Advisor is hosting a free webcast titled, "Electronic Signatures and the IRS ... Everything You Need to Know." Sponsored by Wolters Kluwer CCH, the CPE-eligible webcast will cover the latest changes to electronic filing, including topics that are especially important for tax professionals and their clients.
June 24, 2014
Tallie Offers Expense Management Integration with QuickBooks Online
The cloud-based small business expense management system Tallie now offers full integration with Intuit QuickBooks Online, the company recently announced. Tallie demonstrated the new integration features during the Scaling New Heights conference in San Antonio.
June 24, 2014
AICPA Says Proposed IRS Tax Preparer Program is Unlawful, Improper
The Internal Revenue Service’s proposed voluntary certification program for tax return preparers “would cause significant legal problems that may ultimately frustrate the IRS’s goals, confuse the public, and lead to litigation,” according to the American Institute of CPAs (AICPA).
June 24, 2014
Congress and Senate Consider Section 179 Extension – Keep Your Fingers Crossed
Are those generous Section 179 deductions for business clients a thing of the past? Under current law, the maximum deduction is just a fraction of the high-water mark that was allowed prior to its expiration after 2013.
June 22, 2014
74 Percent of Small Business Owners Optimistic on Economy
Almost three-fourths of small business owners in the U.S. are confident that their revenues will grow through 2014, according to a new study by cloud HR services provider TriNet.