In this issue
Accounting December 10, 2022
Analytics and Data Evaluation for Everyone
One of the more interesting areas for new offerings in accounting technology has been the emergence of toolsets to automate the analysis of data sets. Whether we’re learning about end user tools for accounting firms like InformationActive’s Active ...
May 15, 2018
The Tax Travails of Employees Crossing State Lines
Lawmakers have attempted to address the issue several times. However, the Mobile Workforce State Income Tax Simplification Act, which was reintroduced into legislation last year, has failed to gain enough traction in Congress.
Accounting April 24, 2018
10 Tips for Accounting for Professional Athletes
Whether you’ve provided tax and accounting services for professional athletes in the past or are just getting started, you’ll want to pay special attention to these 10 key issues that are unique to this type of client.
April 18, 2018
2018 Reviews of Professional Payroll Systems
Processing payroll is not for the faint of heart. While the process may seem fairly straight-forward, a small mistake can have tremendous repercussions. No longer as simple as taking hours from a timeclock, companies today have to pay part time ...
April 18, 2018
2018 Review of W2 and 1099 Preparation Systems
In 2005, approximately 10 percent of workers were considered freelancers or contractors. That number rose to almost 16 percent in 2015 and will likely continue to rise in the coming years, as businesses find that they can reduce salary and associated ...
April 18, 2018
4 Ways Payroll Certifications Can Help Your Team
Modern payroll is complicated. From cloud-based systems to tax and regulatory issues, there’s a lot that a payroll coordinator or specialist needs to know. To make sure your workers have the proficiency necessary to process payroll efficiently and ...
April 18, 2018
New Tax Break on Repatriated Earnings Should Spur More R&D
After years of national hand-wringing about trillions of dollars in profits held abroad by U.S. multinational corporations, the Tax Cuts and Jobs Act enacted in December has mandated repatriation of those earnings at a greatly reduced tax rate.
April 17, 2018
Apps We Love: 21st Century Adulting
The Urban Dictionary defines Adulting in this way: To carry out one or more of the duties and responsibilities expected of fully developed individuals (paying off that credit card debt, settling beef without blasting social media, etc).
April 17, 2018 Sponsored
Automation within Intuit Products Empowers Business Owners and Accountants
It seems that artificial intelligence, often referred to as AI, is popping up everywhere we turn these days. Many media reports allude to widespread fear of artificial intelligence, and that many jobs will be eliminated along the way. However, a study ...
April 17, 2018
Want to Grow Your Firm? Think Payroll First
The topic of change comes up every year at the end of December. Everyone has New Year’s resolutions and thoughts of how they are going to improve themselves in 2019 with regards to health, diet and fitness, as well as to how they are going to improve ...
Technology April 17, 2018
Making a Pitch to Athletes and Their Agents That Gets a Home Run
With the Olympics in our recent past, it’s no wonder you might be thinking about adding a professional athlete industry vertical to your firm’s growing business. But, where do you being? How do you get on their radar? What should your pitch look like?
April 17, 2018
When it Comes to Office Romance, Employees Don’t Trust HR
According to the results of the Love @ Work Survey from HR company Namely, 4 in 10 employees have engaged in an intimate relationship with someone at work—be it a peer, manager, or even member of the C-suite.
April 17, 2018
Distracted Workers Blame Technology and Lack of Training for Lower Morale and Productivity
Though 69% of full-time employees surveyed report being distracted at work and 70% agree that training could help them learn to focus and manage their time better, 66% have never brought this up to their managers. Younger workers, in particular, are ...
April 17, 2018
Online Merchants Look to Instant Financing to Boost Sales
Instant financing is an easy-to-use, revolving line of credit that consumers apply for within a merchant's online checkout. It enables merchants to offer consumers the option to spread payments over time with low APR financing offers and provides an ...
April 16, 2018
Why and How: Machine Learning
Machine Learning is still in its infancy and is making progress rapidly. Almost every provider to the profession is coding algorithms to learn about transactions. Every innovative company has a Machine Learning project to help learn and make very ...
April 16, 2018
Lessons I Learned from “The Greatest Showman”
The critics complain that the storyline isn’t true to fact, that the movie is “square” because people don’t like musicals any more, that the presentation of “human oddities” like a bearded lady, Tom Thumb, and others, is exploitive and inappropriate.
April 13, 2018
How GDPR Will Impact U.S.-Based Firms
If you pay attention to overseas regulations, the term GDPR has probably entered your consciousness. But what is it exactly? More importantly, can it potentially impact U.S.-based firms?
April 13, 2018
April 2018 Accounting & Audit Channel
Top Social Media and Blog Posts: 4 Steps to Improve Nonprofit Functional Expense Reporting. AICPA Insights.http://bit.ly/2u8o5x1 How to Price Your Accounting Services. Canopy blog.http://bit.ly/2ptn7GC Accounting Bodies in U.S. and Scotland Sign Historic Accord. AccountEX report,http://bit.ly/2DKK2Sa Accounting Has Evolved: Don’t Get Left Behind. MACPA blog.http://bit.ly/2FQRTiT Start Your Audit Off Right with Data Analytics. AICPA Insights.http://bit.ly/2puEbeB ...…
April 13, 2018
April 2018 Small Business Channel
Top Social Media and Blog Posts: How Even the Smallest Startups Can Project a Professional Image. Entrepreneur.http://bit.ly/2puOwHu How to Monetize the Data in a Business. Inc. Magazine.http://on.inc.com/2GbxXe9 4 Steps to Forging a Strong Rapport with Prospects. Thomson Reuters blog.http://tmsnrt.rs/2puYQiR Small Business Insurance 101. Paychex WORX blog.http://bit.ly/2GerEq6 6 Important Lending Terms for Business Owners. Kabbage blog.http://bit.ly/2FYB9GI...…
April 13, 2018
April 2018 Payroll Channel
Top Social Media and Blog Posts: Payroll Filing Deadlines for 2018. Thomson Reuters blog.http://tmsnrt.rs/2Im32Kj What Your Should Know About the Gender Pay Gap. HR Payroll Systems blog.http://bit.ly/2GbfxtR Many Workers Have a Mid-Career Crisis – Here’s How to Help. Harvard Business Review.http://bit.ly/2FVCWw4 Research Shows How Independent Workers Can Thrive in Gig Economy. Ross School of Business.http://bit.ly/2ud49sC...…
April 13, 2018
April 2018 Firm Management Channel
Top Social Media and Blog Posts: What do Millennials Really Want at Work? The Same as the Rest of Us. Harvard Business Review.http://bit.ly/1WfsdAy The 5 Best Times to Evaluate Technology. Wolters Kluwer blog.http://bit.ly/2u6V4Sh Introducing the Blockchain Concept to Your Firm. CPA Consultants Alliance blog.http://bit.ly/2Ggm0nk How Frustration Can Make Us More Creative. TED Talks video.http://bit.ly/1Zgutpp 5...…
April 13, 2018
April 2018 Tax & Compliance Channel
Top Tax Blogs & Social Media: Tax Pros: How Are You Protecting Your Clients’ Data? AICPA Insights.http://bit.ly/2HPeE7F Sales & Use Tax Non-Collection Becomes PR Risk for Online Sellers. Thomson Reuters blog.http://tmsnrt.rs/2G834aB President Trump and House Republicans Discuss Part Two of Tax Reform. Wolters Kluwer blog.http://bit.ly/2DKn0Lo 10 Tax Preparer Penalties to Avoid. Canopy blog.http://bit.ly/2FRcsjB “LEAN” Tax...…
April 13, 2018
The Top 3 Sales Tax Changes Companies Must Know
Sales and use tax is always evolving. It evolves to keep up with new industries, to meet the changing needs of a state, or one of countless other factors. It’s a complex thing. And that means we’re always on the lookout for new sales tax trends across ...
March 29, 2018
The Care and Feeding of Employees – 2018
So how does a small business owner, plant or department manager, or even a supervisor create that employee goodwill and a caring workplace culture? Trite as it may seem, an occasional “Good morning,” or “Thank you for staying late yesterday” or ...
March 27, 2018
Are You Preparing Your Firm for the Gig Economy?
The gig economy is already here. And hopefully your senior leadership and talent leadership are working together to develop the strategies and plan on how to take advantage of it. Because you will feel the impact sooner rather than later, and whether ...
March 12, 2018
The Future of the Online Sales Tax – Part 1
Accountants are being pulled in to the trend of the online marketplace. The ease offered by online ecommerce platforms means even small clients can suddenly be mired in complexities of multistate tax rules from their very first sale.