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Month: June 2017

Red Wing Software updates accounting and payroll software

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June 10, 2017
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| Tax News And Info

Red Wing Software has released version 11 of its accounting and payroll platform CenterPoint. CenterPoint Accounting, and the versions of the accounting software for the agriculture and nonprofit sector, have gained new features such as a function for customers to import and maintain screen data from outside sources. The user interface has also been modified […]

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Posted in Tax News And Info Tagged irs, tax news

Firms on the move: BlumShapiro teaches financial literacy

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June 10, 2017
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Too many partners feel ‘untouchable’

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June 10, 2017
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A lack of accountability leaves to many accountants free to go their own way, says Charles Hylan of the Growth Partnership.

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Posted in Tax News And Info Tagged irs, tax news

House Republicans pass bill that rips up post-crisis financial rules

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June 9, 2017
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(Bloomberg) House Republicans made headway on President Donald Trump’s pledge to dismantle post-crisis financial rules by approving a sweeping bill Thursday that rips up major aspects of the Dodd-Frank Act. House lawmakers approved the legislation in a 233-to-186 vote. But the bill—called the Financial Choice Act—has little chance of passing the Senate in its current […]

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Posted in Tax News And Info Tagged irs, tax news

The ongoing succession crisis

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June 9, 2017
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Financial planners need to start planning for their own ultimate futures, according to U.S. Wealth Management’s John Napolitano.

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Posted in Tax News And Info Tagged irs, tax news

Tax Fraud Blotter: Wrapping ITS up

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June 9, 2017
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Cigars and nose jobs; “training” to manipulate numbers; and other highlights of recent tax cases. Cincinnati: Fesum Ogbazion, 44, owner and CEO of ITS Financial LLC, the national franchisor of Instant Tax Service, has been convicted of conspiracy to commit wire fraud, wire fraud, bank fraud, evasion of employment taxes and failure to pay over […]

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Posted in Tax News And Info Tagged irs, tax news

M&A roundup: Wiltshire, Whitley, Richardson & English combines with McGee-CPA, plus more mergers

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June 8, 2017
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Accounting firm combinations in Florida and Alabama lead the bill in a roundup of recent MA activity in the profession, plus a payroll company has been acquired. Florida Wiltshire, Whitley, Richardson English merges in McGee-CPA, PL Details: Wiltshire, Whitley, Richardson English, P.A. has added McGee-CPA, PL, effective June 1. McGee-CPA principal D. Todd McGee has […]

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Posted in Tax News And Info Tagged irs, tax news

Accountants must seek new tech to block security, irrelevancy threats

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June 8, 2017
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In previewing the future of the accounting profession, the word “scary” was used more than a few times by Jon Baron, president, professional, tax accounting at Thomson Reuters, in his keynote address on technology trends to attendees of the California Accounting Show and Business Show and Conference June 7. The largest area of concern was […]

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Posted in Tax News And Info Tagged irs, tax news

Digital is transforming accounting firm consulting

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June 8, 2017
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There was a time when consulting projects came in very specific shapes and only fit into the same-shaped hole. If you had a strategy project you gave it to a strategy firm like McKinsey or BCG. If you wanted to outsource a load of your IT, you called Accenture, or maybe someone like Capgemini. If […]

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Posted in Tax News And Info Tagged irs, tax news

Sometimes the box is a good place to think

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June 7, 2017
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Accountants looking to solve problems or come up with innovative solutions will often try to “think outside the box” – but that may be a serious mistake, according to puzzle-builder David Kwong. In a keynote address at the Rainmaker Cos.’ 2017 SuperConference: Beyond the Barriers, Kwong explained the typical scenario for this kind of activity: […]

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Posted in Tax News And Info Tagged irs, tax news
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