In Brief New York tax practitioners encountered several challenges during the 2019 tax season, most notably with obtaining assistance from IRS and Department of Tax…
Tax professionals will be pleased to discover that the IRS is slowly but surely adding Tax Cuts and Jobs Act of 2017 (TCJA) resources to…
Accountants belong to a fulfilling and challenging profession, with tremendous opportunities for employment and growth. CPAs are in demand for all types of organizations, and…
Sometimes the highest and best value that CPAs can provide to their clients and employers is to prevent problems from occurring or to recognize events…
The disclosure of nonfinancial information took on an increased importance when the European Union issued Directive 2014/95/EU (http://bit.ly/305nwzg) concerning reporting of sustainability information by large…
In a speech at Baruch College's 18th Annual Financial Reporting Conference, PCAOB member Kathleen Hamm stated: “Technology offers the promise of combining increased efficiencies with…
A growing area of expertise among CPAs is the addition of family office financial planning and management to their practices. Family office services may include…
On the timeline of financial accounting history, 2018 may well be the “year of the nonprofits.” Accountants and auditors began applying FASB Accounting Standards Update…
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released Enterprise Risk Management—Integrating Strategy with Performance in September 2017 to emphasize the importance of enterprise risk…
The development of auditing software and technology applications has lagged behind that of other practice areas, but a steady evolution of automation and data analytics…
Many industry publications indicate that the Tax Cuts and Jobs Act of 2017 (TCJA) is high on CPAs' concern list, especially now that the new…
The 2018 CPA Journal Tax Software Survey (http://bit.ly/2FMb81K) reported that over 26% of participating CPAs integrated their tax software with office workflow or client data management software,…
ICYMI | Finding the Right Tax Software
2018 Annual Survey of New York State Practitioners
In Brief New York tax practitioners encountered old and new challenges during the 2018 tax season, most notably with planning ahead for changes enacted by…
The 2018 Tax Software Survey reports that participating CPAs continue to use a variety of free online resources for tax research activities. Most respondents indicated…
Tax Software Survey for 2018
Tax Software Prices
The prices listed below are based on information found on the providers’ websites in September 2018. They have not been independently reviewed or verified, and…
Finding the Right Tax Software
2018 Annual Survey of New York State Practitioners
In Brief New York tax practitioners encountered old and new challenges during the 2018 tax season, most notably with planning ahead for changes enacted by…
Two major state and local tax (SALT) issues on the minds of tax professionals and taxpayers are the Tax Cuts and Jobs Act's (TCJA) changes…
SEC Chief Accountant Wesley Bricker addressed the importance of objective financial reporting and the role of accountants and auditors in his speech before the Baruch…
SEC Chief Accountant Wesley Bricker addressed the importance of objective financial reporting and the role of accountants and auditors in his speech before the Baruch…
The Global Sustainability Standards Board (GSSB) of the Global Reporting Initiative (GRI) transitioned from issuing “guidelines” to more formal “standards” in October 2016. The new…
The Internet is an essential tool for CPAs and business professionals. Accountants use the Internet for communicating within and without an organization; retrieving, processing and…
There was much speculation surrounding the fate of the federal estate tax leading up to the ultimate passage of the Tax Cuts and Job Act…
Governmental accounting has a long history of development. Although the designation of specialized standards-setting bodies has been relatively recent, with the Governmental Accounting Standards Board…
Changes are coming on the international front for the Code of Ethics for Professional Accountants and Non-Compliance with Laws and Regulations (NOCLAR) standards. While the international code…
FASB's recent work schedule has included proposed improvements to income tax accounting related to the recent tax law changes, the 2018 GAAP financial reporting taxonomy,…
In an interesting recent report, “The Practice of Now,” accounting and business software provider Sage summarized the results of an international survey of accountants on…
The Bureau of Labor Statistics' Occupational Outlook Handbook “Accountants and Auditors” page (http://bit.ly/2AghB1p) indicates that employment within the profession is expected to grow 10% through 2026, faster…
The IRS recently reported (IR-2017-176) a 30% decline in confirmed identity theft returns from 2016 to 2017 and a 40% reduction in taxpayer self-reported identity…
Overcoming Obstacles with the Right Tax Software
2017 Annual Survey of New York State Practitioners
In Brief New York tax practitioners encountered new challenges during the 2017 tax season, most notably meeting the new driver's license reporting requirements and obtaining…
The United States has faced several weather emergencies in 2017, with Hurricanes Harvey and Irma dominating the news cycle in August and September. While life-threatening…