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Moss Adams LLP, a Top 100 Firm, has expanded its health care consulting practice by combining with Seattle-based Rona Consulting Group, effective Sept. 1. Financial terms of the deal were not disclosed. Moss Adams, based in Seattle, ranked 13th on Accounting Today’s 2017 list of the Top 100 Firms, with $527 million in annual revenue. […]
More than three-quarters of board members at public companies polled by BDO USA expect tax reform to be achieved before the end of President Trump’s term in office, but only 22 percent anticipate it will happen before the end of this year. Of those 78 percent who predict tax reform, an overwhelming 94 percent majority […]
A recent accounting standards update helps entities evaluate whether transactions should be accounted for as acquisitions or disposals of assets or as businesses. The Financial Accounting Standards Board’s Accounting Standards Update 2017-01 “Business Combinations (Topic 805): Clarifying the Definition of a Business,” states that a business has the following: 1. Inputs; 2. Processes applied to […]
The Internal Revenue Service announced that its interest rates will remain the same for the calendar quarter beginning Oct. 1. The rates will be: 4 percent for overpayments (3 percent in the case of a corporation); 1.5 percent for the portion of a corporate overpayment exceeding $10,000; 4 percent for underpayments; and, 6 percent for […]
Is it better or worse to prepare returns in front of clients? Tax pros differ over whether it’s better to have the client present so they can answer questions, or to prepare the return distraction and check their work before sharing it with the client. “I prepare returns in front of clients most of the […]
Bloomberg News CPAs, Enrolled Agents and attorneys are part of a privileged group that can represent taxpayers at all levels before the IRS, yet many choose not to extend their practice when collections issues arise. For those that do, there are some things they should know about, according to Curtis Hunter, a shareholder in the […]
Talk Accounting now offers debit cards that connect directly to its accounting app, recording each transaction as it’s swiped. The cards can be white-labeled for firms so accountants can offer the cards to their clients. Talk Accounting’s app allows users to verbally speak their transactions into their smart phone’s microphone, recording the transaction and inputting […]
Lindsey Graham and Bill Cassidy are still pushing their plan to repeal Obamacare. It appears the president has moved on to tax cuts. “Republicans, sorry, but I’ve been hearing about Repeal Replace for 7 years, didn’t happen!,” President Donald Trump said in the first of a series of tweets on Friday. “Republicans must start the […]
Dean Dorton Technology, the tech arm of Kentucky based firm Dean Dorton, has been named Sage Intacct’s Rookie of the Year and New Partner of the Second Half. These awards come after being added to the cloud financial software company’s President’s Club last month. All three awards recognize Dean Dorton Technology for having achieved excellence […]
As part of our Top 100 Most Influential People report, we asked all the candidates: “What’s the best piece of advice you’ve ever received?” The candidates’ full responses follow. One of the best pieces of advice I ever received was regarding work/life balance and prioritization, which I’m often asked about. It’s not an all-or-nothing proposition: […]
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