Posted on October 19, 2017

  By Hasmukh Joshi, ACA My Dear Auditor Friends, Namaste! On the occasion of Diwali, I am sending you best wishes for the upcoming Hindu New Year. I have gone...

Posted on October 18, 2017

From Texas to Florida, a large swath of the United States was recently slammed with back-to-back hurricanes, leaving flooded streets, damaged buildings and wreckage all around. Huge economic costs will...

Posted on September 18, 2017

Some people say that 50 is the new 30. Living longer and healthier lives might make you feel young if you are 50, but your retirement account begs to differ....

Posted on September 6, 2017

by Eric Ernest The Internal Revenue Service (IRS) announced significant relief for the victims of Hurricane Harvey, which includes an extension for filing of Form 5500 series returns applicable to...

Posted on August 30, 2017

The Internal Revenue Service (IRS) announced significant tax relief this week for victims of Hurricane Harvey. Those in Texas impacted by the storm now have until January 31, 2018 to...

Posted on August 21, 2017

You can pay off your mortgage, never again seeing a bill from the bank for principal or interest, but you can never pay off your property taxes. Property taxes also,...

Posted on July 17, 2017

By Gosia Kanda, CPA and Nadia Cruz, CPA Being able to serve clients with sound audit advice requires practitioners to first learn, understand and explain audit requirements and financial statement...

Posted on April 6, 2017

By Johnson Olatunji, CPA The Financial Accounting Standards Board (FASB) has released Accounting Standards Update No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements for Not-for-Profit Entities.  These changes...

Posted on March 28, 2017

by Minnie Cariaga and Ashley Garcia With more than 138,000 accounting firms in the United States, making sure you select a reliable auditor can be quite a task. There are...

Posted on March 23, 2017

by Thomas Jones and Dee Ann Creach Taxpayers can get flagged for forgetting important forms, mixing up numbers, or exaggerating tax breaks. Even one mistake can alert the Internal Revenue...