High Quality Work…Great Customer Service.
Bloomberg Tax has released a Section 199A Deduction Calculator to help taxpayers determine the 20 percent deduction on qualified business income of pass-through entities, such as partnerships and S corporations, under the new tax law. Subscribers to Bloomberg Tax’s research service now get access to the online calculator. The Tax Cuts and Jobs Act that […]
I know how you feel. When tax season ends, I put it out of my mind for a while and try to move forward with my other work. But I am also a business owner and, as such, I need to run my business in the best way possible. That means getting better by learning […]
Santa Clarita, California-based technology consulting firm Status Not Quo has added Sage Intacct cloud financial management software to its portfolio of offerings. This is the first foray into accounting offerings for the company, which also offers Salesforce and website development services. As a Sage Intacct partner, Status Not Quo will sell, implement, support, and develop […]
Hedge-fund billionaires were already struggling to keep investors from heading out the door. Then along came another problem: big tax bills. David Einhorn, John Paulson, Steve Cohen and other high-profile managers cumulatively owed billions of dollars to federal, state and local governments for taxes, thanks to a 2008 rule change tied to offshore holdings that […]
Despite data showing that as much as one-third of women in accounting have been sexually harassed, the profession has yet to see a significant increase in harassment-related insurance claims for accounting firms, say insurance executives and loss prevention specialists — but they add that that doesn’t mean firms shouldn’t prepare for the possibility. While a […]
Top 100 Firm RSM US has acquired Explore Consulting, an Oracle NetSuite solution provider located in Bellevue, Wash. Financial terms of the acquisition were not disclosed, but the deal will close July 1. Explore Consulting will add 60 professionals to RSM’s U.S.-based team. The acquired firm will remain in Bellevue. Its co-founders, CEO Steve Jones […]
Financial control weaknesses can develop in any organization, opening the door to fraudsters and their billing schemes to bilk thousands or even millions of dollars from businesses. Annual fraud losses totaled $7 billion worldwide, according to a report this week from the Association of Certified Fraud Examiners. Organizations lose 5 percent of revenues on average […]
The Internal Revenue Service recently released three pieces of guidance for retirement plans, reducing a user fee, modifying its policy on issuing opinion and advisory letters, and changing the pre-approved program for cash balance plans. Revenue Procedure 2018-19, which the IRS issued last month, modifies Rev. Proc. 2018-4 and reduces a user fee. An earlier […]
The Internal Revenue Service is preparing to settle claims for $3.5 million with Tea Party groups whose applications for tax-exempt status were delayed by the IRS’s Exempt Organizations unit. In 2013, the director of the Exempt Organizations unit, Lois Lerner, admitted the group had been setting aside applications from political organizations and subjecting them to […]
Top 100 Firm Eide Bailly has acquired Tempe, Ariz.-based Oracle NetSuite solutions provider TrueCloud. Financial terms of the deal, which will close May 1, were not disclosed. TrueCloud has a strong NetSuite services offering, having won the NetSuite Worldwide Solution Provider Partner of the Year Award in 2015. Joining Eide Bailly will bring expanded resources […]
Powered by WordPress. AwesomeOne theme by Flythemes