The latest information from our Accountants
QuickBooks is a dynamic accounting application that has been designed in a way to reduce manual labor, increase business productivity, along structuring financial growth. It
There are many times when a passive foreign investment company (PFIC) investment is made unknowingly and the tax consequences can be adverse. Certain elections should
A new Tax Court(Gaston, TC Memo 2021-107, 9/2/21) case found that clients may be able to deduct expenses relating to acting, even if they’re not
KPMG has released a new report on climate-associated financial risks that boards and their audit committees should consider. Climate change has become a top priority
As hot as the latest TikTok trend, ESG (which stands for environmental, social, and governance) is the acronym on everyone’s lips, so what’s in it
The Public Company Accounting Oversight Board has adopted a new rule to give it a framework on how to determine when it can’t inspect foreign
In a perfect world, every aspect of your business, from your elevator pitch to your website, would connect with customers who need you most and are
ADP has added robust analysis tools to its Accountant Connect platform to help accountants and advisors provide their clients with key employee insights using payroll
Minding Your Own Business (MYOB) is a cloud-based application that offers business management solutions. It renders services related to accounting and taxation. Like other applications,
Gilded, a B2B blockchain payments and accounting software provider, has released Compass, a solution that enables advanced mapping capabilities between blockchain wallets and a business’s
While succession planning in CPA firms has received a lot of attention – even to the level of anxiety – for a very long time,
The International Federation of Accountants and the Association of Chartered Certified Accountants are marking Climate Week in New York City by urging accountants to get
Greatland, a provider of W-2 and 1099 products for businesses, announced that it has purchased New York-based Jasteck’s (www.jasteck.com) W-2 and 1099 preparation forms and
The biggest accounting firms take advantage of the government’s revolving door.
Lawyers from top accounting firms do brief stints in the Treasury Department, with the expectation of big raises when they return.
Rashada Whitehead Rashada Whitehead was promoted to the newly created role of national managing director of culture, immersion and inclusion at Grant Thornton, Chicago, where
Private equity firms are increasing their funding of accounting firms in a pair of deals announced this week, with Lightyear Capital partnering with Schellman &
High-earning taxpayers would face much smaller tax hikes — or even cuts — if Democrats decide to restore the federal deduction for state and local
Many enterprises recommend QuickBooks as the most useful application for business needs due to its guaranteed features and a full-fledged user interface. Users have the
Are you curious about how artificial intelligence (AI) could benefit your business, but not sure where to start? Machine learning, a part of AI, can
Recently, an AccountingWeb reader asked, “What are the main differences between a for-profit and a not-for-profit company business structure?” First, it’s helpful to know that
Top 15 Firm Baker Tilly US LLP announced that it will acquire West Virginia-based Arnett Carbis Toothman LLP, effective Nov. 1. The deal will significantly
How well did your firm’s accounting technology support your team and clients during the pandemic? In many accounting firms, the technology plan quickly shifted to
IRIS Software Group (IRIS), a global accounting software provider, has acquired Conarc, a US document management software provider for CPA firms. Financial terms of the
Lawmakers proposed bipartisan legislation in the Senate to allow the Internal Revenue Service to postpone filing deadlines when a state-level disaster declaration is issued, rather
MYOB is an online application that includes a variety of features. The software is developed to assist various start-ups and big enterprises. One could have
Client advisory services (CAS) and virtual CFO services have been around for years, but an awareness of the benefits of both has grown tremendously over the
The American Institute of CPAs has released a set of questions and answers to help auditors of benefit plan financial statements deal with this complex
Intuit the global technology platform that makes TurboTax, QuickBooks, Mint, and Credit Karma, has agreed to acquire Mailchimp, a global customer engagement and marketing platform
As tax exemptions are targeted, life insurance policies could offer high-net-worth individuals a different means for protecting their estates. We’ve been warned about what’s to