AT Think

IMGCAP(1)] As up and coming small business leaders, we know that hiring the right people, and helping them achieve to their highest potential, are two of our most important responsibilities. But which one is MORE important?

The Texas Society of CPAs says this holiday season is the perfect time for kids to learn the importance of “money-mindedness” with affordable toys and board games that won’t put a major dent in their parents’ bank accounts.

IMGCAP(1)] More than four years ago, I formed a group of diverse bookkeepers, CPAs, and accountants into a Chicago-area QuickBooks ProAdvisors group. That, of course, is the official name. We are more apt to call ourselves the Tax Season Survival Support System—a group of professionals (and friends) that joined together to form a unique support system around QuickBooks. We meet once a month over coffee and discuss QuickBooks, CPE, and other relevant topics.

The head of the Small Business Administration has added her voice to the drive for repeal of the expanded 1099 information reporting requirements in the health care reform bill.

CPAs are used to thinking about and planning for audits, but how many have considered the effect of not being able to produce that data? If you lost client information due to data corruption or a disaster, what would be the result to your practice?

A group has sent a nearly 1,400-page filing to the Internal Revenue Service demanding that it “retroactively revoke” the American Israel Public Affairs Committee’s tax-exempt status.

Ask a young person when the last time he or she actually went to his bank and credit union and chances are the answer is they’ve never been to it and really don’t care about where it is – at least according to research by Rob Rubin.

The FBI has raided the offices of three hedge funds as the Justice Department begins a wide-ranging crackdown on patterns of insider trading in the financial industry.

IMGCAP(1)] It’s an accepted fact of life that we’re all very busy, especially a working professional who wants to succeed. But what exactly are you busy doing? I don’t mean what specifically are you doing, I’m sure you could answer that. What I really wonder is, have you taken the time to define where you’re headed, what you’re hoping to accomplish? Are you doing those things that will help you get there? I’d like to share a story with you about a group of accountants who answered these two questions, and the results they experienced.

The trend toward energy efficient building construction is saving on not only energy costs, but also on taxes for building owners and developers.