Saturdays at CPA Success are usually spent reviewing online tools that can help increase our productivity. Keep in mind that we do not endorse any of these services. We simply offer them up for your consideration. Do your own homework and find the service that best meets your needs. I may be a year or two behind the times and completely out of touch -- and it wouldn't be the first time -- but I jus...

Happy birthday, America! While you're waiting for the fireworks to start, grab another hot dog and chew on these Fourth of July stats, courtesy of the Census Bureau: 2.5 million: The nation's estimated population in July 1776. 304 million: Our population today. More than 1 in 4: Odds that the hot dogs and pork sausages you're eating today originated in Iowa. 1 billion: Pounds of watermelon grown in...

You can't escape IFRS. It's everywhere these days. Here's the latest: The International Accounting Standards Committee has released the "IFRS Taxonomy 2008," a translation of international financial accounting standards into XBRL. Of course, "XBRL" are four other letters we've been hearing a lot about lately, but that's another story.CFO.com's Tim Reason says the Financial Accounting Standards Boar...

Attention, business taxpayers: The amount of time you have in which to file an extension on your tax returns may soon be getting shorter. The IRS is proposing to reduce the extension period from six months to five for businesses that file the following Schedule K-1 information: Form 1065, U.S. Return of Partnership Income Form 1041, U.S. Income Tax Return for Estates and Trusts Form 8804, Annual Re...

I have been catching up lately on my blog reading (I use Bloglines) and  found a couple of posts which got me thinking about how to survive an economic downturn. My take away from these thought-provoking reads is that the keys to surviving the recession are three very important ideas: Creating and maintaining "we" relationships with our customers. Striving for those magnificent perfo...