May 22, 2018
IRS Clarifies Tax Requirements for Tip Jars By Ken Berry, J.D., Tax Correspondent Do you ever leave spare change in tip jars or boxes on counters of business establishments? The tax rules for these payments are tricky. In a new Chief Counsel Advice (CCA), the IRS has clarified that cash amounts constituted tips that are...…
May 22, 2018
5 Blockchain Tips for Accounting Firms By Isaac M. O’Bannon, Managing Editor There has been a lot of talk about how blockchain technology will disrupt the role of accounting as we know it today. In truth, disruption has already been happening through automated accounting software and other applications that help accounting firms process data faster,...…
May 8, 2018
More than 60 leaders from innovative CPA firms, technology companies, consulting firms and influencer groups came together last week to map out strategy for the advancement of blockchain technology within the accounting profession.
May 3, 2018
This year’s AICPA ENGAGE will feature a new track: ‘Finance Redefined,’ which is designed to help accounting and finance professionals thrive in the global economy and an era of swift technological change.
May 3, 2018
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, the...
May 1, 2018
There has been a lot of talk about how blockchain technology will disrupt the role of accounting as we know it today. In truth, disruption has already been happening through automated accounting software and other applications that help accounting ...
April 24, 2018
Amazon's growth and expansion into numerous verticals has been unparalleled in the American economy. Just last month, The Wall Street Journal reported that Amazon was in talks with the big banks, including JPMorgan Chase & Co., to develop a checking ...
April 13, 2018
Top Social Media and Blog Posts: What do Millennials Really Want at Work? The Same as the Rest of Us. Harvard Business Review.http://bit.ly/1WfsdAy The 5 Best Times to Evaluate Technology. Wolters Kluwer blog.http://bit.ly/2u6V4Sh Introducing the Blockchain Concept to Your Firm. CPA Consultants Alliance blog.http://bit.ly/2Ggm0nk How Frustration Can Make Us More Creative. TED Talks video.http://bit.ly/1Zgutpp 5...…
April 11, 2018
The 31st annual conference will take place at the MGM Grand from June 11-13, 2018, with pre-conference sessions on June 9th & 10th. Attendees will benefit from in-depth technical education sessions and panel discussions while networking with the ...
April 3, 2018
No one wants to engage in a one-night stand around finance. There is too much risk involved for all parties. As such, it’s important that the fintech-banking partnership is able to scale as business grows. While a lot of companies look at technical ...
April 3, 2018
For inbound payments, 52 percent of corporate treasurers viewed the ability to post more information as more imperative to operations than the speed of settlement, while 36 percent ranked faster settlement as ...
April 2, 2018
Enforcement is at an all time low. I have been doing this for 24 years, and when the U.S. government isn’t obtaining the revenue they are supposed to, the result is that the IRS becomes fully funded, and gets out of control.