FAQs About Critical Audit Matters (CAMS)
In July, the Public Company Accounting Oversight Board (PCAOB) published two guides to help clarify...
IRS Focus on Bitcoin | Virtual Currency Business Transactions
Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers,...
What to expect during a franchise audit
It’s important for franchisors to periodically audit individual franchisees. These routine...
Alan Long of Baldwin CPAs returns to Accounting Today’s 2019 MP Elite List
Baldwin CPAs, PLLC managing member, Alan Long, returns to Accounting Today’s 2019 MP Elite List.
Attention: Accounting rule delays in the works
On July 17, the Financial Accounting Standards Board (FASB) voted to issue a proposal that would...
You may have to pay tax on Social Security benefits
During your working days, you pay Social Security tax in the form of withholding from your salary...
What to do if your nonprofit receives an IRS audit letter
The IRS’s staffing shortages have been well publicized and audits of individuals have decreased in...
Technical Updates to Executive Order 13496 NLRA Rights Poster
The U.S. Department of Labor has made technical changes to the National Labor Relations Act (NLRA)...
Hiring this summer? You may qualify for a valuable tax credit
Is your business hiring this summer? If the employees come from certain “targeted groups,” you may...
Find a better way to manage your receivables
Failure to collect accounts receivable (AR) in a timely manner can lead to a myriad of financial...