Firm Management

January 13, 2020 

Professionals on the move is a roundup of recent promotions and managerial changes at accounting firms across the country.

December 18, 2019 

M&L ranked 5th on the 2019 Wichita Business Journal’s largest firms list, as ranked by total local professional staff. When combined with the professionals at ABBB’s Wichita office, the firm will now have 32 professional staff and a total staff of 46 ...

December 6, 2019 

Certain Forms 1099-MISC, Miscellaneous Income, filed with the IRS to report non-employee compensation to independent contractors are also due at this time. Such payments are reported in box 7 of this form.

February 26, 2019 

From the December 2010 Issue From iPhones and iPods to iPads and MacBooks, Apple’s lines of computers and other electronic devices continue to grow in popularity. While consumer technology publications have noted the increased adoption of Macintosh systems for personal use, the pages of this magazine have also occasionally delved into the Mac side of...…

February 26, 2019 

  It’s late January, which, for many accounting professionals (particularly those in public practice), means you’re ramping up for the busiest time of the year — 1040 season. Although not all firms focus equally on individual tax compliance services, there are few who are immune to this annual uptick in workload, since even those with...…

July 5, 2018 

Michael Bohinc is a CPA, a baseball nut and the son of a plumber, so he combined these parts of his background as he developed an industry niche focused on plumbing and HVAC (heating, ventilation and air conditioning) contractors.

May 16, 2018 

Many firms have a bonus structure in place to financially reward employees, but that’s not enough. More than a nice gesture, going above and beyond — much as your workers have done since at least January — when showing appreciation is a must to keep ...

Paul McDonald

Accounting May 15, 2018 

Insights on choosing accounting as your college major and career path. From the Illinois CPA Society.

May 10, 2018 

Make sure each manager, senior manager, and executive is responsible for inclusion and hold them accountable during performance evaluations. Discuss the issue during leadership meetings and share feedback from employees.

May 8, 2018 

Retiring Baby Boomer partners feel they lack the quality bench to replace them. This explains the fact that only 20% of first generation firms make it to the 2nd – which is not expected to improve in the near future. Most partners prefer the exit ...

April 24, 2018 

Although the Big 4 have name recognition and a well-deserved reputation, businesses can get the same expertise and, oftentimes, better service at substantially lower fees when hiring a midsized regional accounting firm.

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 ...