Western CPE Blogs

Written by industry professionals on the latest trends and changes in the accounting landscape. Our CPE courses offer comprehensive instruction taught by the same instructors that author our blog posts.

eTax Alerts

The Bipartisan Budget Act of 2018
February 09, 2018
The Bipartisan Budget Act of 2018, signed February 9, 2018, makes changes you need to know about for 2017 tax returns.
Instructor Spotlight: Karen Brosi
January 16, 2018
“Practical” is a word often associated with Karen Brosi. As we sat down for an interview in our snowy Bozeman, Montana office, Karen talked about her background as a tax professional and the upcoming challenges for CPAs in the New Year.
Tax Reform Highlights
January 02, 2018
On December 22, 2017, President Donald Trump signed the Tax Cuts and Jobs Act, an 1,101 page document into law. Here is a chart that briefly summarizes the major provisions affecting our business clients, including corporations, partnerships and sole proprietorships.
Tax Reform: The 2018 Tax Bill
December 19, 2017
Although some have criticized the process and the policy decisions in the formulation of this major tax system overhaul, we in the tax and accounting industry wanted action and less talk about "maybe this will change and maybe that will stay." We are about to get our wish for something—anything—in concrete so we can get tax plans in place before year end and have answers to the many questions our clients are asking about what tax reform does to their 2018 tax bill.
Proposed Tax Reform Provisions by the House and Senate
November 28, 2017
There are differences between the tax reform provisions proposed by the House and Senate. More changes are likely to occur as the Senate votes on its version in the next several days. Then, there must be a reconciliation of differences before we finally see the Tax Cuts and Jobs Act head to the President's desk for signature.

Accounting Tips

Instructor Spotlight: Jeff Sailor, CPA
February 22, 2018
Jeff’s unrelenting energy is palpable as he talks about professional development—as a speaker, a business professional, and an individual.
Cryptocurrency Generation and Taxation
January 31, 2018
New cryptocurrency investors and CPAs alike have questions about how digital currency tokens are created, traded, and taxed. Below, we’ll give an overview of how miners acquire derivatives of a cryptocurrency token, as well as a brief synopsis of what the IRS has said so far regarding the taxation of gains on the trading of digital currencies.
Blockchains, Cryptocurrencies, and Bitcoin
January 24, 2018
With the exponential rise in the value of Bitcoin over the last year, interest in cryptocurrencies is higher than ever. Investors, CPAs, and the IRS are all trying to figure out what it means and where we’re headed. The truth is, no one is entirely sure. But, what is certain is that cryptocurrencies aren’t going anywhere and will prove to be a disruptive technology in coming years.
Check Tampering Schemes
January 16, 2018
Check tampering is a type of fraudulent disbursement that occurs when an employee converts an organization’s funds by either: fraudulently preparing a check drawn on the organization’s account for his own benefit, or intercepting a check drawn on the organization’s account that is intended for a third party and converting that check for his own benefit.
Cash Register Fraud Schemes
January 10, 2018
Because stealing from the cash register is common in business, owners and managers know to look out for a high number of voids. Skimming without voiding receipts can lead to imbalances on the receipts, which also alerts managers and auditors.