Home
Featured….
One-Fourth of Accounting Professionals Want More DEI Activity
Patriot Software Adds Free HR Center For Users
Applications Open for Qualifying Advanced Energy Project Tax Credit
Review of CCH AnswerConnect Tax Research- The Accounting Technology Lab Podcast – Sept 2024
Contributors….
![Randy Johnston 2020 Casual PR Photo](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/04/Randy_Johnston_2020_Casual_PR_Photo.5f9eeb51600da.jpg)
Randy Johnston
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/09/darren-root-768x768.jpg)
Darren Root, CPA, CITP, CGMA
![Becky Livingston with Computer 4x3 1 551d928e56d4b](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/04/Becky_Livingston_with_Computer_4x3_1_.551d928e56d4b.png)
Becky Livingston
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/08/Garrett-Upper-Bodyshot-1-768x1047.jpg)
Garrett Wagner
![F-Richard-Alaniz-Photo1](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/04/f-richard-alaniz-photo1_11376367.png)
Richard D. Alaniz, JD
Webinars and CPE….
Webinar: IT Guide for Accounting Firms: Security, Compliance, and Outsourcing
Webinar: Tax Firm Innovation: Assessing and Enhancing Your Current Processes
Events….
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/K2-Conference-2024-768x457.png)
Technology
K2 Artificial Intelligence Conference – June 20 – 8 Hours CPE Available
K2 Enterprises will host the Accountant’s Artificial Intelligence Conference, a new virtual event that is set to make an indelible mark on your professional skill set.
![taxes reform_1_.5540d268d98f6](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/36052/taxes_reform_1_.5540d268d98f6.5e063bd211516.png)
Taxes
Tax In Motion 2024 Federal Tax Forum – June 25-26, 2024
Join RSM’s highly anticipated two-day federal tax forum for comprehensive sessions covering crucial updates in federal tax regulations and practices.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2024-Innovation-Awards-768x612.png)
2024InnovationAwards
The 2024 Tax and Accounting Technology Innovation Awards Announced
CPA Practice Advisor has announced the 2024 Tax and Technology Innovation Award winners and finalists. Now in their 21st year, the awards highlight technologies that advance the profession.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/07/40_under_40_16_92023_-768x432.png)
Nominations Open for 2024 “40 Under 40” and “20 Under 40” Awards
You have until Oct. 11, 2024, to nominate a professional for CPA Practice Advisor’s 2024 40 Under 40 or 20 Under 40 awards.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/08/Diversity-Pixabay-Geralt-768x342.jpg)
Firm Management
One-Fourth of Accounting Professionals Want More DEI Activity
Research shows 25% want to increase to “active” or “highly active” roles in implementing initiatives in diversity, equity, and inclusion.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Patriot-Software-sign-768x474.jpeg)
Payroll
Patriot Software Adds Free HR Center For Users
The HR Center includes federal, state, and local compliance monitoring and robust HR tools, resources, and templates.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/08/Tax_credits.jpg)
Taxes
Applications Open for Qualifying Advanced Energy Project Tax Credit
The encouraged projects span large, medium and small businesses and non-profits, all of which must meet prevailing wage and apprenticeship requirements to receive a 30% investment tax credit.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2024-Accounting-Tech-Lab-768x384.png)
Technology
Review of CCH AnswerConnect Tax Research- The Accounting Technology Lab Podcast – Sept 2024
Hosts Randy Johnston and Brian Tankersley, CPA, review CCH AnswerConnect. CCH AnswerConnect is backed by the trusted CCH editorial team of CPAs and tax law experts, and designed to deliver comprehensive answers and information as an all-in-one tax research tool.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/gavel-1040-form-768x512.jpg)
Accounting
Accountant Pleads Guilty to Filing False Tax Returns in Connecticut
Mark Legowski admitted to filing fraudulent tax returns for multiple years after failing to report $1.4 million in income.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/people-walking-to-work-768x432.jpg)
Payroll
U.S. Workforce Expected to Expand By 0.4% a Year in Coming Decade
The annual rate translates to 6.7 million additional jobs over the decade, or about 55,000 a month, the Bureau of Labor Statistics said.
![businesstax1](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/16279/businesstax1_11656433.png)
Taxes
When Does a Business Need a New EIN for Taxes?
The conditions that call for a new EIN are outlined by the IRS and are very specific. But generally speaking, if a business changes its name or location, it does not need a new EIN.
![globe-flags[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/33706/globe_flags_1_.5ce342f3a9102.png)
Payroll
U.S. Companies Turn to Global Talent Pool as Accountant Shortage Hits Crisis Point
While this shift towards international hiring is evident across industries, the U.S. has been the largest contributor to Multiplier’s international hires, accounting for 80% of the accounting positions filled through the platform in recent years.
![marketing geralt pixabay](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/35284/marketing_geralt_pixabay.5d9caddd01c4f-768x542.png)
Firm Management
How Accounting Firms Can Use Marketing to Leverage Year-End Financial Deadlines
Whether it’s tax planning, financial reporting, compliance, or closing the books, your clients need your expertise more than ever.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/CPA-Ontario-768x512.jpg)
Auditing
BF Borgers Fined in Ontario For Unlicensed Auditing
BF Borgers performed accounting and audit work in the province without registering with CPA Ontario or having a license.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Economy-word-cloud-768x512.jpg)
Payroll
U.S. Economy Grew at Revised 3% Rate in Q2
Gross domestic product rose at a 3% annualized rate during the April-June period, up from the previous estimate of 2.8%.
![gavel1_11537663[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2020/03/gavel1_11537663_1_.5e6a69aa237a8.png)
Taxes
Tax Court Says S Corporation Owner Owes Tax on Phantom Income
The Tax Court determined that the law still required the S corp filer to report his proportionate share of the S corp income for the tax years in questions.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/the-star1-768x367.jpg)
Firm Management
CohnReznick to Move Its Dallas Office Location
The 12,000+ square foot space will be within The Star District which includes many shops and restaurants as well as the Cowboys Ring of Honor Walk. The location is directly across the street from the Cowboys headquarters and practice facility.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/retirement_accounts.jpg)
Payroll
Backdoor Twists and Mega Turns to Roth IRA Conversions
The Tax Increase Prevention and Reconciliation Act of 2005 repealed the MAGI limitations for IRA conversions to Roth IRAs, effective for tax years beginning after 2009.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2024-Innovation-Awards-768x612.png)
Accounting
The 2024 Tax and Accounting Technology Innovation Awards Announced
CPA Practice Advisor has announced the 2024 Tax and Technology Innovation Award winners and finalists. Now in their 21st year, the awards highlight technologies that advance the profession.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/80555-ISS-logo-with_slogan-4C-medium1-768x338.png)
Accounting
IRS Advance Notice – 2024 Innovation Award Finalist
IRS Advance Notice was a Finalist for the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
Accounting
Instead Pro from Corvee – 2024 Innovation Award Finalist
Instead Pro from Corvee was a Finalist for the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Fieldguide-logo-768x403.png)
Accounting
Fieldguide for Financial Audit – 2024 Innovation Award Finalist
Fieldguide for Financial Audit was a Finalist for the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/07/Canopy-Logo-16_9-768x432.png)
Accounting
Canopy Insights – 2024 Innovation Award Finalist
Canopy Insights was a Finalist for the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2023/06/AuditFile_2023-768x653.png)
Accounting
AuditFile Advanced AI – 2024 Innovation Award Finalist
AuditFile was a Finalist for the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/StanfordTax1.png)
Accounting
StanfordTax – 2024 Innovation Award Winner
StanfordTax was a winner of the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Makershub-hero-image1-768x432.png)
Accounting
MakersHub – 2024 Innovation Award Winner
MakersHub was a winner of the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Forwardly-sign-768x471.jpeg)
Accounting
Forwardly – 2024 Innovation Award Winner
Forwardly was a winner of the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Fieldguide-logo-768x403.png)
Accounting
Fieldguide Insights – 2024 Innovation Award Winner
Fieldguide Insights was a winner of the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Hubsync_Logo_-_from_internet1.png)
Accounting
Batch Extensions, from HubSync – 2024 Innovation Award Winner
Batch Extensions from HubSync was a winner of the 2024 Tax and Technology Innovation Awards, from CPA Practice Advisor.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/CliftonLarsonAllen-CLA-office-768x512.jpg)
Accounting
CLA Named 2024’s Top Accounting Firm For the Construction Industry
CliftonLarsonAllen has taken the top spot in “Construction Executive” magazine’s ranking in five out of the past six years.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Eide-Bailly-office-768x403.jpeg)
Firm Management
Eide Bailly Forms Wealth Management Partnership With PE-Backed Sequoia Financial Group
In the deal, Sequoia Financial will acquire Eide Bailly’s wealth management arm, while Eide Bailly will take a stake in Sequoia.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/CohnReznick-sign-768x465.jpeg)
Technology
CohnReznick Opens Digital Forensics Lab
Located near Washington, D.C., the lab is part of the top 20 firm’s expanded cybersecurity and incidence response services.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Fyffe-Jones-CPAs-sign-768x532.jpeg)
Firm Management
Accounting Firms Fyffe Jones and Bagby Johnson Combine
The two Huntington, WV-based firms will operate under the name The Fyffe Jones Group and offer a broader range of services to clients.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/11/judge-gavel-1-768x512.jpg)
Accounting
Virginia Accountant Sentenced For Wire Fraud Stemming From Embezzlement Ploy
Maria Reich, owner of On Call Accountants, was sentenced to four years in prison after pleading guilty to wire fraud in April.
![](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/Labor-Department-website-768x512.jpg)
Payroll
Labor Department Admits Mishap in Release of Jobs Data
The episode has prompted steps to beef up data-release protocols at the Bureau of Labor Statistics, a DOL spokesperson said.