Our Latest Insights
The Latest
The CPA’s Guide to M-1 Adjustment Journal Entries
Why CPAs Struggle With M-1 Adjustments Ask any CPA about Schedule M-1, and you will hear the same sigh. Reconciling
SALT After Wayfair: Why 2025 Is the Last Year for Manual Multi-State Compliance
The 2018 South Dakota v. Wayfair decision changed everything about state and local tax (SALT) compliance. Businesses are now responsible
The 12-Month Rule for Prepaid Expenses: What Small Businesses Should Know
Running a business means dealing with more than just sales and customers. Behind the scenes, accounting rules can affect how
Our Top Reads
The CPA’s Guide to M-1 Adjustment Journal Entries
Why CPAs Struggle With M-1 Adjustments Ask any CPA about Schedule M-1, and you will hear the same sigh. Reconciling
SALT After Wayfair: Why 2025 Is the Last Year for Manual Multi-State Compliance
The 2018 South Dakota v. Wayfair decision changed everything about state and local tax (SALT) compliance. Businesses are now responsible
The 12-Month Rule for Prepaid Expenses: What Small Businesses Should Know
Running a business means dealing with more than just sales and customers. Behind the scenes, accounting rules can affect how
Converting Books from Accrual to Cash Basis: A CPA’s Guide to Simpler Books
Why Businesses Consider Switching Many U.S. firms stick with accrual accounting because they believe it is mandatory. In reality, most
7 Questions U.S. Firms Must Ask Before Hiring an Offshore Accounting Partner
Why Offshore Accounting Is No Longer Optional Many U.S. accounting firms are facing a talent crunch. Over the past few
Remote Accounting ROI Calculator: How Much Can You Save?
Why ROI Matters in Remote Accounting The U.S. accounting profession is undergoing rapid change. According to the Journal of Accountancy,
How SurePrep, Intuit Link, and AutoScan Are Redefining the Starting Point
The shift in where tax prep begins Tax preparation no longer starts with email attachments, PDF piles, and manual data
2025 OBBBA Tax Update: What CPAs and Employers Must Know
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduces several tax changes that directly
Deducting Accrued Expenses? Here’s How to Stay IRS Compliant
Accrual method taxpayers often ask: “Can I deduct this expense if I haven’t paid it yet?” The answer depends on
How SafeBooks Secures Client Financial Data
When you’re outsourcing accounting services, one question matters most: Is my financial data safe? With rising cyberattacks targeting accounting firms,