Accounting

June 10, 2014 

A group of payday loan companies being sued by the Federal Trade Commission is liable for deceiving borrowers, a judge has ruled.

June 10, 2014 

Improved audit quality is a goal being pursued by the Public Company Accounting Oversight Board (PCAOB), and a non-partisan audit advocacy group is supporting its recent efforts.

Isaac M. O'Bannon

June 10, 2014 

The National Society of Accountants has announced that Internal Revenue Service Commissioner John Koskinen will deliver the keynote address at the organization's 69th Annual Meeting, which will be August 20-23, 2014 at the Hyatt Regency Inner Harbor in Baltimore, Maryland.

June 10, 2014 

Thomson Reuters has launched its next generation online tax research system, Checkpoint Catalyst, which features multi-jurisdictional content, embedded tools and an enhanced search engine. Catalyst is built on the Checkpoint platform, and is designed to help tax professionals more quickly find research results.

Isaac M. O'Bannon

June 10, 2014 

Small businesses are feeling slightly more confident in the economy, but one of the nation's largest organizations representing them says that there is "no sign of a surge."

Isaac M. O'Bannon

June 9, 2014 

I'm a constant believer in fate. Things happen for a reason; there is a path we move along in life that is waiting for us to discover. I'm also a believer in taking control of your life and helping yourself move along that path, looking out for yourself, and making sure obstacles don't deter you…

Gail Perry

June 6, 2014 

Sage North America has introduced its new Sage Exchange Payment Management System, which is designed to help small and midsized businesses (SMBs) by consolidating all of their payment activity onto one platform. SMBs can also use Sage Exchange to easily monitor and manage the payments from all their sales environments: on the web, over the…

Isaac M. O'Bannon

June 5, 2014 

Two prominent accounting firms on New York's Long Island will join together beginning June 2, 2014. Combined, the two have more than fifty years of experience and the newly formed firm of CondeBoyce, LLP will unite the small business startup expertise of Mario Conde, CPA, formerly partner in the accounting firm of Ambrico Conde CPA,…

Isaac M. O'Bannon

June 5, 2014 

It all has to do with the current tax rules for business entertainment. To be deductible as entertainment that is “associated with” your business, the activity must take place immediately before or after a substantial business discussion. Usually, this means the discussion has to be on the same day as the entertainment, but it could…

Ken Berry, JD

June 5, 2014 

Increases in the total compensation that financial executives receive, including salaries, incentives and benefits, may foretell a turning point in the country’s economic recovery, according to the results of a new survey by Grant Thornton LLP and the Financial Executives Research Foundation (FERF).

Isaac M. O'Bannon

June 5, 2014 

CCH has launched a new online research tool called “Quick Answers.” The system features more than 2,000 answers to questions most often researched in IntelliConnect, CCH's research platform for tax and accounting professionals. In addition, the company is previewing CCH IntelliConnect Direct, a new universal platform research tool that provides clear and intuitive access to…

Isaac M. O'Bannon

June 5, 2014 

Imprisoned former Rep. Jesse Jackson Jr.'s projected release date is now Sept. 20, 2015, more than three months earlier than listed previously, federal officials confirmed Monday.