April 15, 2013
Youve got enough work to keep a marketer busy full-time and you can afford to hire one, but whats the best option: hire somebody in-house or work with an outside firm?
April 11, 2013
As tax season winds down, it may be hard to think about work beyond the imminent and deserved time off, but there are points you can raise with clients to keep them coming to you for the rest of the year, too.
April 11, 2013
Owning your own business is about doing the one thing you love to do, and 99 other things you dislike but must do, according to Roger Harris, president and chief operating officer of Padgett Business Services.
April 10, 2013
The European Union has been considering an overhaul of the audit profession that could have a far-reaching impact on the Big Four.
April 9, 2013
Choosing my new running shoes was easy. Why? Helpful online insight, way beyond catalog details of size and price, guided me to the best decision. It showed the colors available, side-by-side price comparisons and helpful reviews from others the perfect combination of status, context and impact.
April 8, 2013
For many attorneys, retaining the services of forensic accountants has become an integral part of resolving their clients legal disputes, either before or during litigation.
April 5, 2013
Signs seem to be mixed these days on how well we're doing in the wake of the economic turmoil that has afflicted us. But in addition to the stock market and slight rise in employment, there's good news in the marketplace for sales of small businesses.
April 4, 2013
Those that know me, know that I do not like extensions. However, there are valid reasons for extensions, and here are 15 of them:
April 4, 2013
Spring is a time of optimism, so its a great time for accounting firms to look for fresh opportunities to grow the business. Here are five ways accounting firms can fertilize their existing efforts in order to jumpstart their business and grow deeper, stronger roots with clients.
April 2, 2013
When you need something done right -- whether its legal, medical or even automotive -- everyone knows that a specialist is better than a generalist.
April 1, 2013
Preparers share more of their favorite promotional tips
March 31, 2013
The widely followed R&D Tax Credit case involving Union Carbide Corporation and the cost of supplies used during production has finally come to an end. On March 18, the Supreme Court denied review of the Second Circuit Court of Appeals decision, which had affirmed the earlier Tax Court ruling.
March 26, 2013
Responding to concerns about their allowance model and in an attempt to simplify impairment guidance for financial institutions, the Financial Accounting Standards Board has issued several exposure drafts of proposed models to take into account expected losses rather than the current incurred loss model.
March 25, 2013
Back in 1925, a taxpayer won the first case in the Board of Tax Appeals involving the deduction for horse-breeding activity expenses. Deducting expenses related to the sport of kings was so attractive that the estate of Cornelius Vanderbilt tried, and lost, two years later. In the intervening 88 years, about 200 taxpayers have litigated the issue, most with unattractive results. The IRS and the courts have essentially told taxpayers to stop horsing around.
March 22, 2013
The United States is now facing two deficitsa government budget deficit and a balance of trade deficit. These two deficits, together, will ultimately put the future of the United States in peril unless the government and its citizens take strong action.
March 20, 2013
In the world of trust and estate administration, where tax planning typically involves special attention to federal tax law compliance, its easy to lose focus on state income taxation issues. And while some states do not tax income related to trusts, states that do tax trust income have a variety of rules and criteria for which trusts are subject to tax.
March 19, 2013
Former IRS Commissioner Mark Everson takes a look at current state of the service -- and its future
March 18, 2013
Part I: Preparers share their favorite tips for promoting themselves during tax season
March 15, 2013
More than four out of 10 working Americans will have had an accountant prepare their taxes this year, primarily because they believe that that's the way to get the largest refund. More than half won't do their own taxes, instead going to an accountant, friend or family member.
March 14, 2013
The American Institute of CPAs Private Companies Practice Section released the results of its 2012 PCPS Succession Survey not long ago, and it provides us with data from nearly 1,000 firms across the U.S. on how they are dealing (or not) with succession.
Search Accounting Today
May 22, 2013
Attendees at Accounting Today's Meet the Editors Dinner at Keens Steakhouse in New York discuss the top issues confronting accountants.
May 21, 2013
A continued conversation with Marcums Nanette Lee Miller and Janis Cowhey McDonagh about the obstacles women in the accounting profession face when trying to make their way into leadership positions.
May 22, 2013
The IRS recently released statistics covering the year to May 10, 2013.
May 5, 2013
The AICPA's annual list of IT priorities for accounting firms.
April 30, 2013
Our monthly collection of statistics from the world of tax.
April 29, 2013
Help your clients avoid these common pitfalls.
April 23, 2013
These five bad habits can make your confidential information -- and that of your clients -- easy to steal.