BlueMail, made by Blix, has released BlueMail+, an upgraded version of its email and calendar management app. BlueMail+ features an “imail bridge,” which essentially makes the app into an email-messaging hybrid solution. The imail bridge allows staff to communicate with anyone directly via Blix chat teams that can be set up by the user. The […]
Stop! In the Name of Your Business … Don’t Make These 7 Common Tax Return Errors
There’s a lot that goes into filing your small business tax return. You can’t just take a shot in the dark and hope for the best—you need to prepare, follow best practices, and keep good records year-round. And if you don’t, you could wind up making tax return errors. We know you have a lot […]
Outdoor recreation continues to be a mighty economic force, accounting for $788 billion in 2019 – The Colorado Sun
Outdoor recreation is emerging as a critical element in the economic recovery from COVID-19 as the recreation economy delivers a larger share of U.S. economic output for the second consecutive year. The federal government’s latest tally of the outdoor recreation economy showed a $787.6 billion economic impact from businesses supporting 5.2 million jobs. The report […]
AICPA announces partnership with Institute of Chartered Accountants of Jamaica – Accounting Today
The American Institute of Certified Professional Accountants has announced a partnership with the Institute of Chartered Accountants of Jamaica, agreeing to train more future-forward management accountants in the island nation. The first-of-its-kind partnership will offer Jamaican students the opportunity to earn the Chartered Global Management Accountant (CGMA) designation. Professionals will also benefit from memberships to […]
AICPA announces partnership with Institute of Chartered Accountants of Jamaica – Accounting Today
The American Institute of Certified Professional Accountants has announced a partnership with the Institute of Chartered Accountants of Jamaica, agreeing to train more future-forward management accountants in the island nation. The first-of-its-kind partnership will offer Jamaican students the opportunity to earn the Chartered Global Management Accountant (CGMA) designation. Professionals will also benefit from memberships to […]
Partnerships and S corps. can deduct state and local taxes
In a taxpayer-friendly development, the IRS said it would issue proposed regulations allowing S corporations and partnerships to deduct “specified income tax payments” paid to state and local governments above the line and not as passthrough items for partners and shareholders. Notice 2020-75 defines the specified income tax payments as any amount a partnership or […]
Woah There! Can a Business Refuse Cash?
In this day and age, people are pushing cash to the side and paying with plastic. In fact, one study found that 80% of people prefer to use card payments over cash. But, just because plastic is dominating does not mean cash is obsolete. Many people still prefer to pay with cash. And in some […]
Former Accounting Department Chair James Modisette Dies at Age 88 – University of Arkansas Newswire
Nov. 10, 2020 Photo Submitted James P. Modisette, center, former chair of the accounting department who died Nov. 3, talks with attendees at an accounting department awards ceremony. James P. Modisette, former chair of the accounting department who had a 33-year career at the University of Arkansas, died Tuesday, Nov. 3, in Fayetteville. He was […]
Trine University’s online accounting program ranked among best in the nation – KPCnews.com
ANGOLA Trine University’s online accounting degree program is one of the best in the United States, according to a national college ranking website. ValueColleges lists the Bachelor of Science in Business Administration — Accounting program offered through TrineOnline among its “Top 25 Best Online Accounting Bachelor’s for 2021,” released last month. The website notes that, […]
Taxpayers allowed choice of bonus depreciation rules
When the IRS issued final bonus depreciation regulations in September (T.D. 9916), it said it planned to issue procedures allowing taxpayers to choose to apply the final regulations in prior tax years or to rely on the proposed regulations issued in September 2019. In Rev. Proc. 2020-50, the IRS provided guidance for taxpayers wishing to […]