Category Archives: Industry News

Just before midnight on December 15th, 2015, Congress posted the “Protecting Americans from Tax Hikes Act of 2015” legislation.

If your client is starting a new business, it’s vital that they know the difference between an S Corporation and a Limited Liability Corporation.

When CPAs demonstrate a lack of self-discipline, it affects businesses, clients, stakeholders and fellow accountants. So what can accountants do to stay on track?

With constant proposals, updates and revisions being made to the federal tax code, it can be a daunting task to keep up with estate and gift tax updates.

On July 6, the Department of Labor (DOL) proposed a new rule that would extend overtime protection to more than 5 million white-collar workers.

When advising your clients on how to best manage their finances, you need to make sure their plan keeps pace with larger socioeconomic trends. Here are five major financial trends and how to advise your clients to mange them. Bank and cash savings will continue to earn little interest Between too much global debt, aging […]

In this spring season, the “cleaning out” mentality can go for more than just your house. Consider your clients and what things they might need to refresh or adjust. To give you a head start, here are four financial areas your clients might need to spring clean. Their Spending- Some people are good with money […]

Think you don’t need to worry about going concern disclosures because the new FASB rules aren’t in effect yet? Well, we’re encouraging you to think again! Even for those who aren’t implementing ASU 2014-15 early, it is still relevant to discuss going concern disclosures now under existing rules. Going Concern is an area of uncertainty, […]

In June, the California Labor Commissioner’s office ruled that San Francisco Uber driver Barbra Anne Berwick was an employee and not an independent contactor, entitling Berwick to more than a $4,000 reimbursement for mileage and toll expenses. The ruling stated that Berwick’s services were integral to the company’s business model: without drivers, Uber wouldn’t exist. […]

Sometimes, reality gets in the way of the beach house in Florida you planned to retire to when you turned 65. A recent study by Voya Financial found that 60 percent of currently retired U.S workers said their retirement came before they had originally planned. Head of Retirement Income and Advice Strategy at Voya Financial […]