The FASB has issued Accounting Standards Update (ASU) No. 2019-05, Financial Instruments—Credit Losses (Topic 326): Targeted Transition Relief. This new ASU is designed to ease the transition…
The SEC voted to propose amendments to the accelerated filer and large accelerated filer definitions. The proposed amendments would reduce costs for certain lower-revenue companies…
Our new ebook, Firm Operations: Office Productivity Projects, provides how-to instructions for 9 projects firms can complete before the end of the year. Varying in…
Over the past decade, tax and accounting firms have reported remarkably consistent business concerns. Although individual issues may shift in where they rank from year…
Did you know that tax-refund fraud in 2016 reached an all-time high of approximately $21 billion? That’s up from “just” $6.5 billion in 2014, according…
Even for the most efficient firms, tax season brings busy days and longer-than-usual nights. But just because the firm is heads-down in tax work doesn’t…