In this issue
Accounting June 11, 2021
The Four Stages of Robotic Process Automation
This column is the second in a series on process automation. The first article in the series can be found at http://cpate.ch/bt-rpa-1. Process automation starts with simple tracking and reporting of the activity with a workflow management system, which gets the activity data out of the old paper routing slips and into a structured format...…
June 13, 2019 Sponsored
Building the Firm of Tomorrow with CCH Axcess
Chris Salisbury knows tech, and as a CPA, he knows accounting and taxes. But what really sets his firm apart is how he has combined the best tech with best practices to realize better client service and higher profits. After working for more than a decade at large regional firms in North Carolina, Chris and...…
June 12, 2019
Think Twice Before Not Paying Summer Interns
Employers who are considering offering an unpaid internship program should take a look at case law and federal and state rules before doing so.
June 12, 2019
4 Steps to Ensure a Return on Your Technology Investment
Accounting firms today have unprecedented levels of opportunities. Tax reform is driving demand for tax planning services, and advisory fees are outpacing traditional compliance work in larger firms. Many firms recognize that implementing the latest ...
June 12, 2019
When the IRS Bypasses a Power of Attorney
Taxpayers are afforded certain rights when dealing with the IRS, and these are listed in the Taxpayer Bill of Rights. One states that a taxpayer has the right to retain representation. Additionally, the Internal Revenue Code stipulates that a ...
June 12, 2019
Can Employers Make Direct Deposit Mandatory?
Because of the benefits of direct deposit, you may wonder: Can employers require direct deposit? To answer this question, you need to look at federal and state direct deposit laws.
June 12, 2019
Change Is In The Air
Did you ever have to move and change schools when you were a child? I only had to do it once, but I just met a new friend who went to 13 different grade schools. I can’t begin to wrap my head around that. This person understands change like nobody else I know. At the...…
June 12, 2019
GONE!?!
What if after looking around, you realized that you were the last person left and everything, all the work, everything fell on your shoulders? Would you be able to get it all done? Would you be ready to deal with it, the pressure and time commitments...
June 12, 2019
Apps We Love June 2019 – Legal Services
When we think of lawyers and legal issues, our minds might still go to law firms and the formality of the court system, but, like most things today, the legal services profession is being disrupted with apps and do-it-yourself solutions.
June 11, 2019 Sponsored
Covering All the Bases: How Lacerte Keeps Team Brolin On Their Game
A cornerstone of her tax practice is the Intuit Lacerte tax preparation system, which Dawn has used since 2013, when she partnered with the other accounting practice.
June 11, 2019
How to Adapt Our Habits to Create Stronger Connections at Work
In this age of technology disruption, we can feel alone, sometimes not knowing where our anchor is - what will stay the same, what will change, and what we can depend on, and how we will get there together.
June 11, 2019
2019 Reviews of Professional Tax Preparation Systems
Throughout the review process, we looked at numerous system features and functions including cloud/remote access, the ability to support multiple tax preparers simultaneously, e-filing availability, and the ability to import data from other applications.
June 10, 2019
How to Set Up the Chart of Accounts for Law Firm Clients
Accountants know how important it is to set up a client’s chart of accounts correctly from the get-go, and while there are a lot of similarities between professions, some have unique aspects or nuances that, for various reasons, are very important.
June 10, 2019
AICPA News: June 2019
AICPA News is a roundup of the top articles and initiatives regarding the AICPA each month.
June 6, 2019
How to Quit Your Job Gracefully
It happens to practically everyone at some point. You had a good run at your current job, but you’ve outgrown the position and want more. After finding a better match elsewhere, it’s time for that awkward moment: letting your employer go. Whether you’re a staff auditor or senior director, you should know how to quit...…
June 5, 2019
Automation is Here. How Are You Leveraging It?
CPA firms are in the midst of a transition. For years, research firms and thought leaders have been predicting the disruption of the profession through automation. That disruption isn’t a vision for the future – it’s here now. In 2017, Gartner ...
May 30, 2019
How to Prepare for Summer in the Office and Not Leave Your Firm Stranded
Since summer is a popular vacation season and because we don’t want to see you crash and burn, here are a few ideas to help you and your staff get some time away from your business—without skipping a beat.
May 15, 2019
How Simplification Has Complicated the Tax Office of the Future
The Tax Cuts and Jobs Act of 2017 has simplified the tax code in many ways, including an increase in the standard deduction for individuals, removal of corporate Alternative Minimum Tax and an increase in bonus depreciation.