March 7, 2014
Pricing, billing and collecting fees for services are how accountants earn their livings.
March 6, 2014
There werent a lot of surprises in the Presidents Budget, set at $3.9 trillion for fiscal year 2015, which was released on March 4.
March 5, 2014
What time is it now? Seems like a simple question, you might say as you glance at your watch, cell phone or the clock on the wall. We all learned to tell time in kindergarten. How hard can it be?
March 4, 2014
CPAs come in all shapes, sizes and colors. Each one has their strengths and weaknesses. And each one bases success off of what they see as success.
March 3, 2014
For the first time, private companies will be able to make two accounting elections that will simplify their reporting requirements and still be in compliance with U.S. GAAP.
February 28, 2014
There are three broad types of work CPAs dofinancial reporting attestation and support, tax compliance and planning, and management advisory or consulting services.
February 27, 2014
If the tax reform proposal unveiled earlier this week by Ways and Means Committee chairman Dave Camp is really dead on arrival, as some have suggested, why has virtually every organization with a stake in the tax process made an effort to comment on it? After all, its just a discussion draft.
February 26, 2014
Quite often in a CPA firm, the term manager gets lost in the shuffle of accountability.
February 25, 2014
How many times have you heard someone say, Mind your own business? For accountants, especially in these economic times, that just may be sage advice.
February 24, 2014
Tax season has begun and clients are heading into accounting offices across the U.S. in the hopes of getting their tax returns filed as quickly and efficiently as possible. How can you address your clients needs, meet the governments ever-changing requirements, and still maintain a manageable workload during this busy time? The answer is simple: embrace technology.
February 21, 2014
The IRS should have the authority to regulate tax preparers.
February 20, 2014
IRS Commissioner John Koskinen took some time off from his busy filing season schedule to discuss some questions posed by our readers and staff.
February 19, 2014
I spend a lot of time with clients and I believe I have identified the one quality that most of my successful clients haveit is obsession.
February 14, 2014
With over 2.6 billion local searches performed monthly and that number growing by more than 50 percent each year, according to Small Business Community, it is more important than ever to focus on your accounting firms online presence.
February 13, 2014
Although audits are a fact of taxpayer life, they're not particularly pleasant, and they can take up a lot of otherwise free time. So what should preparers say to their clients about audits?
February 12, 2014
Successful client relationships start when you treat each client as if they were your only client or your best client or most important client.
February 11, 2014
With tax season in full swing, its a good reminder that families with household employees have some impending deadlines. As most tax professionals are aware, the often overlooked household employment taxes or nanny taxes present a unique set of challenges.
February 10, 2014
During 2013, the scene was set for significant changes in financial reporting for private companies and evolved into a battle between standard-setting bodies. All the changes centered on the desire to simplify, and therefore reduce the cost of accounting for private companies. The question is, however, is simpler good enough?
February 7, 2014
My husband Doug and I have just returned from exhibiting at the AICPA Advanced Personal Financial Planning conference in Las Vegas. Some of the conversations we had with fellow exhibitors and attendees were simply too good to leave them in Vegas. Over and over, we were asked, How do you grow your practice in the midst of the busy season?
February 6, 2014
Businesses often take a risk in the development of new products and processes.
Search Accounting Today
February 6, 2014
U.S. Wealth Management CEO John Napolitano discusses how CPAs can start a financial planning practice and how the initiative can go wrong.
March 3, 2014
As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments.
February 7, 2014
The Tax & Accounting business of Thomson Reuters has compiled its annual sampling of quirky sales tax changes passed or implemented in 2013.
January 31, 2014
The Minnesota Society of CPAs recently conducted its annual survey about the most strange and unusual tax deductions proposed by clients.
January 24, 2014
The Taxpayer Advocate proposes a list of rights and responsibilities.
December 31, 2013
Our editors picks for the biggest stories in accounting in 2013