Accounting

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October 9, 2014 

Survey Shows Most 2014 College Grads Are Under-Employed

Several months have passed since spring graduation and the majority of Class of 2014 college graduates are currently working. However, about half (51 percent) of that group are in jobs that don't require a degree, according to a new CareerBuilder survey.

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October 8, 2014 

Xero Hits $100 Million in Annualized Monthly Revenue

Online accounting software maker Xero has passed $100 million in annualized committed monthly revenue and has achieved a 95 percent year-over-year growth rate in subscription revenue, the company announced on Wednesday.

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October 8, 2014 

Open Systems Inc Acquires Adaptive Business Solutions

Business software developer Open Systems, Inc., has acquired Adaptive Business Solutions (ABS) of Indianapolis, Indiana. The ABS staff will continue to work in Indianapolis as the Indiana Regional Office of Open Systems, Inc.

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October 3, 2014 

IRS Issues New Rules for Local Hotel Expenses

Normally, a taxpayer may deduct travel expenses, including the cost of lodging, only when he or she is “away from home” on business. For this purpose, home means your tax home, usually the area surrounding your principal place of business ...

Ken Berry, JD

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October 2, 2014 

New Cabinet AP Module Automates Accounts Payable Tasks

Cabinet Document Management Solutions has launched Cabinet AP, a new module for its Cabinet SAFE product that is designed to automate manual processes in document-intensive tasks like accounts payable processing. Cabinet is a maker of electronic document

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October 2, 2014 

KPMG Acquires Qubera

The global Big 4 accounting and consulting firm KPMG LLP has acquired “certain” assets of the cyber-security firm Qubera Solutions. The companies say that the transaction will strengthen the KPMG network’s security transformation capabilities in several service areas, including Cloud Identity Federation, Identity as a Service (IDaaS), Identity Governance, and IAM solution implementation. “As threats...…