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April 30, 2014

LBMC’s David Morgan Combines Wine Connoisseurship with Accounting

For David Morgan, co-founder and co-managing partner of LBMC, a top-50 accounting firm in Nashville, there is a strong similarity between his work and his long-time passion, Bordeaux wines.

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Posted by at 04:35PM | Comments (0)

April 25, 2014

Wipfli Expands Sustainability Services

CPA and consulting firm Wipfli has expanded its array of sustainability services to include a number of new assessment services.

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Posted by Michael Cohn at 03:21PM | Comments (0)

April 23, 2014

Financial Businesses Gear up for FATCA

Now that the compliance deadlines for the Foreign Account Tax Compliance Act, or FATCA, are in sight, foreign banks and other financial institutions are finally getting their systems in order, even though there are still some holes in what the Treasury Department and the Internal Revenue Service are providing.

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Posted by Michael Cohn at 05:31PM | Comments (0)

April 17, 2014

CFOs Need 4 to 5 Weeks to Fill Accounting Jobs

It takes about four weeks, on average, for CFOs to fill an open staff-level positions in accounting and finance, according to a new survey.

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Posted by Michael Cohn at 12:39PM | Comments (1)

April 14, 2014

Tax Extenders in Limbo

The House Ways and Means Committee held a hearing last week to discuss the perennial issue of the tax extenders, the temporary tax provisions that expire year after year and are usually renewed.

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Posted by Michael Cohn at 02:19PM | Comments (0)

April 10, 2014

Treasury Works with OECD on Base Erosion and Profit Shifting

The United States is working with other countries on multinational corporate tax issues, including the increasingly thorny issue of base erosion and profit shifting.

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Posted by Michael Cohn at 05:49PM | Comments (0)

April 9, 2014

Accountants Can Help Root out Cybercrime

Cybercrime is on the rise, and accountants are in a position to help their clients take steps to prevent it.

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Posted by Michael Cohn at 05:31PM | Comments (0)

April 8, 2014

Marketplace Fairness Act Stalls in Congress

The Marketplace Fairness Act, which was supposed to finally settle the question of how states can tax online sales, appears to have stalled in Congress after passing the Senate last year.

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Posted by Michael Cohn at 11:27AM | Comments (0)

April 4, 2014

Protecting Client Files from Prying Eyes

Accountants have a duty to make sure their clients' confidential financial files and tax forms are kept safe, and fortunately there are some good products on the market for doing just that.

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Posted by Michael Cohn at 04:17PM | Comments (0)

April 2, 2014

H&R Block Names Socrates as Greatest Hipster in History

H&R Block has been holding an online contest soliciting votes on who is the “Greatest Hipster in History,” and the winner, for some reason, seems to be the ancient Greek philosopher Socrates.

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Posted by Michael Cohn at 02:18PM | Comments (0)


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