• FRF for SME’s?

    Written by: Keith Frame, CPA Huh? Like it or not, another set of accounting standards has been created.  The “Financial Reporting Framework for Small and Medium Sized Entities” has just been released by a task force of accounting professionals and the American Institute of Certified Public Accountants. This set of accounting standards is brand new

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  • Expanded 1099 Repeal Signed Into Law

    On Thursday, President Barack Obama signed legislation repealing the expanded 1099 reporting requirements that were enacted last year. The bill was overwhelmingly approved by the House and Senate. The AICPA had advocated strongly for repeal and AICPA President and CEO Barry Melancon has described the repeal as “a victory for taxpayers.” The increased information-reporting penalties

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