Articles & Resources
Stay up to date with important information related to all things Tax, Accounting, & Human Resources

The Root Cause of Tax Compliance issues
It is unrealistic for businesses to be able to comply with the myriad of tax regulations associated with payroll, sales, income, excise, among others without

Shielding Your Small Business from Aggressive IRS Enforcement
Small business owners, take heed! If you or your business find yourselves in the crosshairs of the IRS due to back tax debts, you’re certainly

The Crucial Role of Accounting: Your Path to Informed Business Decisions
In the fast-paced world of business, one thing remains constant: sound financial information is the cornerstone of strategic decision-making. Whether you’re a fledgling startup or

Navigating the Cloud: A Comprehensive Guide to Cloud Migration with Rockwater Associates
In today’s digital landscape, the cloud has become a critical element for businesses seeking agility, innovation, and cost-efficiency. The global pandemic has accelerated the adoption

Revolutionizing HR Solutions with OKR-Based Performance Management
In today’s fast-paced and ever-evolving business landscape, companies face the constant challenge of aligning their workforce with organizational objectives. Ensuring that every employee is not

Unraveling Trust Fund Recovery Penalty (TFRP): What Business Owners Need to Know
As a business owner, navigating the intricate landscape of tax regulations and penalties can be a daunting task. One such aspect that requires keen attention

The Cornerstone of Success: Timely and Accurate Financial Reporting by Rockwater Associates
In the dynamic and ever-evolving landscape of business, information is power. In this era of data-driven decisions, timely and accurate financial reporting has emerged as

Network Architecture: Building a Resilient and Scalable Network Infrastructure
In the rapidly evolving landscape of business operations, where digital transformation is becoming more than a buzzword, the significance of a robust and adaptable network

Scaling Up: Payroll Challenges and Solutions for Expanding Businesses
In the fast-paced world of business, growth is a key objective for most companies. However, with growth comes a myriad of challenges that need to

Unleashing the Power of Enrolled Agents: Your Ultimate Guide to Navigating IRS Taxpayer Disputes with Rockwater Associates
Tax season often comes with its fair share of stress and uncertainties. For individuals and businesses alike, the thought of a looming dispute with the

Navigating Financial Excellence: The Crucial Role of Reconciliation in Modern Business Landscape
In the dynamic realm of modern business, where transactions are conducted at the speed of light and financial intricacies abound, the importance of accurate and

Automating ITSM Workflows: How to Streamline Processes and Boost Efficiency
In today’s fast-paced digital landscape, businesses rely heavily on their IT infrastructure to drive productivity, innovation, and customer satisfaction. However, managing complex IT environments and
Recent Information
The latest information regarding accounting, taxes, and human resources.
Tax News
- Revenue agents who conduct audits lead IRS job losses May 7, 2025The IRS lost 11% of its staff in the first three months of 2025, with revenue agents who conduct audits accounting for the largest percentage of those who left, the Treasury Inspector General for Tax Administration said in a report.
- AICPA makes recommendation for updated Form 8971 instructions May 2, 2025In a letter to the IRS, the AICPA recommended that the agency provide further guidance in two areas of new instructions for Form 8971, Information Regarding Beneficiaries Acquiring Property From a Decedent.
Accounting News
- Major tax legislation set to move May 8, 2025President Trump's 'big beautiful bill' continues to move through the House and Senate.Roger Russell
- IESBA offers Q&A on tax planning ethics May 8, 2025The International Ethics Standards Board for Accountants staff posted guidance to support adoption of its Tax Planning and Related Services Standards.Michael Cohn
- Firms aim to upgrade PM systems, tech infrastructure May 8, 2025Tech-forward CPA firms reported a variety of areas in need of a tech upgrade, especially practice management systems and tech infrastructure.Chris Gaetano
Human Resources
- Labor Secretary’s Nomination Returned to White House December 22, 2023The U.S. Senate sent Acting Labor Secretary Julie Su’s nomination back to the White House on Dec. 20 after she didn’t receive enough support to be confirmed this year.
- Washington State Adopts Wildfire Smoke Regulations December 22, 2023On Dec. 14, the Washington State Department of Labor and Industries (L&I) finalized and adopted new rules focused on protecting workers from wildfire smoke hazards that...