Appropriations bill changes partnership audit regime

The $1.3 trillion omnibus appropriations bill passed by Congress last week includes some modifications to the Internal Revenue Service’s centralized audit regime for auditing large partnerships.


The why, what and how of CAS

Client accounting services are the new revenue segment you cannot afford to miss.


N.J.’s riskiest budget in a decade counts on tax-shy contingent

Governor Phil Murphy’s progressive agenda, outlined in his first New Jersey budget, depends on approval of $1.5 billion in new riches from Democratic lawmakers reluctant to increase residents’ financial burden in one of the highest-taxed U.S. states.


Bigger = better? You bet it is

This perspective has been written for CEOs at CPA firms doing $50 million to $100 million in annual revenue with quality profits per partner who want to make their firms bigger, better, stronger and more profitable.


SAP Concur releases Budget software

The solution funnels data from other areas within the expense management software to create a spend dashboard.


Amazon effect: Business with least amount of friction wins

Clients really want to do more business with you. Don’t make it difficult for them.


IRS tells taxpayers to report cryptocurrency transactions or face penalties

The Internal Revenue Service warns virtual currency users they need to disclose gains on their tax returns.


Accountants may benefit from Dodd-Frank changes

The Senate’s recent passage of legislation exempting smaller financial institutions from some requirements could help clients.


Product News: Sage donates people management software to nonprofits

Veem and BlueVine partner up, and DocStar updates Dynamics GP integration.


IRS sees 60% increase in data thefts from tax pros

The Internal Revenue Service cautioned practitioners to be on the alert for the re-emergence of a cybercriminal scam that is helping fuel a dramatic uptick in reports of stolen information from firms.