Practice Management

As thousands of CPA firms across the country embark on that annual ritual known as filing season, more and more practices are looking toward document management and workflow solutions to ease the ensuing crush of paper.

The House Committee on Small Business held a hearing on business activity taxes and their impact on small businesses.

On a day when Treasury Secretary Henry Paulson and six major banks announced a 30-day moratorium on foreclosures on some types of property, the Internal Revenue Service said homeowners whose mortgage debts were partially or entirely forgiven could claim relief on a newly revised IRS form.

CPA firms are growing their revenue and billing rates, thanks to effective practice management, according to a newly released publication.

Now that clients have received their W-2 forms from their employers, we’re starting to get into the main part of tax season.

Catapult Communications Corporation recently announced that it is changing accounting firms. What was intriguing about the press release was the detailed reason given for changing from a Big Four to a regional firm. It made the change “to significantly reduce its accounting expenses.”

Benefits such as health insurance are nearly as popular as salary in convincing accounting professionals to join a company, according to a new survey.

The Internal Revenue Service has released the Corporation Source Book, which presents balance sheet, income statement, tax and other statistics across various industrial sectors.

IRS BEEFS UP TAXPAYER PRIVACY

I am often asked what differentiates firms that are successful with technology from those that struggle. My standard response is that firms struggle with technology when they view it as overhead, but they invariably profit from it when they value it as a strategic asset.