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Month: September 2018

Xero improves UI, adds features to core platform

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September 10, 2018
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| Tax News And Info

During its annual Xerocon Australia conference in Brisbane, Xero announced several new features and updates to its accounting software. The company is still focused on its goal of creating “code free accounting” and continues to create new automation within its platform to bring efficiencies to accountants. The new features announced are as follows: The “files […]

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Posted in Tax News And Info Tagged irs, tax news

People on the move: New MP takes helm at Mauldin & Jenkins

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September 10, 2018
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Boyer Ritter, Camp Hill, hired Vishnu Patel as a tax associate, and six new accounting associates: Kelly Bender, Stephen Baier, Jacqueline Hauck, John Carlos Rebimbas Tavares, Nicholas Rumberger and Erica West (pictured). Kevin Kline was hired as a member of the Camp Hill office of Smith Elliott Kearns Co. Laurie Peer was named president of […]

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Posted in Tax News And Info Tagged irs, tax news

Firms on the move: BLS celebrates its Top Workplace with ice cream party

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September 10, 2018
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Courtesy of Warren Averett Warren Averett CPAs and Advisors, Birmingham, launched Quali-Finder, a proprietary solution designed to help manufacturing and distribution companies identify tax credits, deductions and incentives they could be using. Anglin Reichmann Snellgrove Armstrong, Huntsville, merged in Bloomer, Geri Co., Pensacola, Florida. The combined firms will operate under the name Anglin Reichmann Armstrong.

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Posted in Tax News And Info Tagged irs, tax news

Intuit debuts QuickBooks Desktop 2019

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September 9, 2018
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Intuit has debuted QuickBooks Desktop 2019 (QBD), adding several new features and updates to existing features. The highlight is an effort to make backing up data easier and more foolproof, a major pain point for users of the desktop software in the past. While online accounting software is becoming more popular, Intuit still believes QuickBooks […]

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Posted in Tax News And Info Tagged irs, tax news

2018 Top 100 People: Ones to watch

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September 9, 2018
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There simply isn’t enough room to cover all the influential people in accounting; with that in mind, here’s a selection of people we expect to hear more from. We’ll start with Charles Rettig, who’s been nominated to serve as commissioner of the Internal Revenue Service by President Trump but, as of press time, hadn’t been […]

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Posted in Tax News And Info Tagged irs, tax news

Tax Reform 2.0 legislation planned for next week

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September 9, 2018
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House Ways and Means Committee chairman Kevin Brady, R-Texas, plans to introduce legislation next week to make permanent the individual and small business tax breaks from the Tax Cuts and Jobs Act. In commenting Friday on the monthly jobs report from the U.S. Bureau of Labor Statistics, which showed a gain of 201,000 jobs in […]

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Posted in Tax News And Info Tagged irs, tax news

NBA star Kevin Garnett sues former accountant

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September 8, 2018
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Former pro basketball player Kevin Garnett has filed suit against his former accountant for $77 million after he was defrauded by a wealth manager who worked with the CPA. Garnett sued Michael Wertheim, a partner at Welenken CPAs, a six-person accounting firm in Louisville, Kentucky, accusing the firm of allowing wealth manager Charles Banks IV […]

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Posted in Tax News And Info Tagged irs, tax news

Best practices to expand your CPA firm’s reach globally

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September 8, 2018
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All around the world, CPA firms are considering a growth strategy around launching an international practice. Whether you have launched an international service niche, or would like to, here’s advice on what works so you can avoid some common pitfalls you may be overlooking. “The world is shrinking, and business is being conducted across international […]

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Posted in Tax News And Info Tagged irs, tax news

IRS updates e-Services user agreement

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September 8, 2018
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The Internal Revenue Service is planning to update its user agreement for taxpayers and tax professionals accessing its e-Services applications online in an effort to improve security. In an email to tax professionals Friday, the IRS said that starting October 14, e-Services users, after entering their accounts, will see a pop-up asking them to accept […]

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Posted in Tax News And Info Tagged irs, tax news

CPA execs worried about trade wars and interest rates

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September 7, 2018
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| Tax News And Info

Business executives who are also CPAs are increasingly concerned about trade conflicts and rising interest rates, according to a new survey by the American Institute of CPAs. The quarterly AICPA Economic Outlook Survey polls CEOs, controllers and other CPAs who hold executive and senior management accounting roles within U.S. companies. For the second consecutive quarter […]

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Posted in Tax News And Info Tagged irs, tax news
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