April 26, 2023

2023 Tax Season In Review

If last year’s tax season was all about getting back to “business as usual,” this year’s theme can be summed up in the old adage, “the more things change, the more they stay the same.” 2023 has seen plenty of change here at Weiss. First and foremost was our conversion to CCH Axcess, a cloud-based…

April 20, 2023

Recruiting Best Practices: An Expert Weighs In

Employees are a business’s most valuable asset. They are the engine that powers your organization, the people who perform the work and make the company go. Hiring the right individuals for the right roles is absolutely critical. With that in mind, we asked Kari Thompson, Weiss & Company’s Talent Acquisition Manager, to share her thoughts…

April 19, 2023

Camaraderie & Mentorship: The Weiss Way

Shortly before my last year of high school, I was trying to figure out which elective courses I would take for senior year. I’d always enjoyed my math classes, so after talking it over with my parents I decided to take an accounting course. I thoroughly enjoyed the class, so much so that I finished…

April 6, 2023

Tax Scam Update: Meet the “Dirty Dozen” for 2023

Each year, the Internal Revenue Service releases its “Dirty Dozen” list of the most rampant tax scams. These schemes affect both individuals and corporations, and are relevant not only during tax preparation, but throughout the rest of the year. For 2023, the twelve topics vary widely, but most fall into two categories: Fraudulent attempts at…

April 6, 2023

Understanding New Accounting Rules for Common Control Leases

Last month, the Financial Accounting Standards Board (FASB) issued amendments for common control leasing arrangements. These accounting rules help clarify issues for rental agreements between businesses that have the same owner. Determining leases The update – Accounting Standards Update (ASU) No. 2023-01, Leases (Topic 842) Common Control Arrangements – clarifies how business entities controlled by…