News

Filter by Category:

  • GASB Considers Postponing Effective Dates

    March 30, 2020

    In response to the coronavirus pandemic, GASB is considering postponing all statement and implementation guide provisions with an effective date that begins on or after reporting periods beginning after June 15, 2018.

  • Treasury Dept. announces 90-day delay in tax payment deadline

    March 17, 2020

    In a press conference on Tuesday, Treasury Secretary Steven Mnuchin announced that individuals and corporations can delay their tax payments for 90 days due to the coronavirus pandemic. Individuals can defer up to $1 million in payments for 90 days from the April 15 deadline. Corporations can defer up to $10 million in payments for 90 days. During that time, the IRS will not charge interest or penalties.

  • President Instructs IRS to Extend April 15 Tax Deadline Due to Coronavirus

    March 12, 2020

    President Donald Trump has instructed the Treasury Department and IRS to extend the April 15, 2020 deadline for filing federal income tax returns for those affected by Coronavirus. The change is only for this year.

  • AICPA Calls for Tax Relief for Individuals and Businesses Amid Coronavirus Pandemic

    March 11, 2020

    The American Institute of CPAs (AICPA) today called for the Treasury Department and the IRS to provide relief to all taxpayers in light of the uncertainty and challenges caused by the spread of the Coronavirus (COVID-19) pandemic. Specifically, we request that Treasury and the IRS consider the following recommendations, which will provide extensive relief to millions of individuals and businesses:

  • AR Withholding Tax Tables Effective March 1, 2020

    January 30, 2020

    Arkansas Department of Finance and Administration recently released updated Withholding Tax Tables. Beginning January 1, 2020, the Employer’s Income Tax Withholding Tax Tables have been adjusted with an effective date of March 1, 2020 as a result of Income Tax reductions enacted by the AR General Assembly.

  • The Productivity Method More Effective Than Time Management

    December 12, 2019

  • Three Way Data Evolves Business

    November 4, 2019

    Data analytics has the power to transform organizations in amazing ways. Here are three major benefits accounting and finance professionals should know about.

  • Four Cybersecurity Pitfalls to Avoid

    November 4, 2019

    What do four of the biggest cybersecurity mistakes have in common? They are all the result of having the wrong outlook. Reducing cyber risk starts by learning to avoid these missteps.

  • Public safety is in CPAs hands

    November 4, 2019

    Cyberattacks are getting worse, and — for millions of people — CPAs are the first line of defense. In fact, CPA firms make up 30% of leading cybersecurity consultants. How does your firm stack up? Find out through practice area assessment and deepening knowledge.

  • 5 Tips for Implementing the Leases Accounting Standard

    November 4, 2019

    The delay of the new leases standard doesn't mean you should sit back and wait. Learn what to do to get ready in the meantime.