Digital Currency

January 9, 2017 

Traditional ACH payments are conducted over a wire transfer and take anywhere between one and two working days to clear – a manual, costly and time consuming process unpractical for smaller payments. In 2016 NACHA launched the first phase of Same Day ...

October 24, 2016 

Susan Coffey, CPA, CGMA Executive Vice President – Public PracticeAmerican Institute of Certified Public Accountantswww.aicpa.org   Q&A: What advice would you give to female college students about the opportunities for women in the accounting profession? There has never been a better time to be female in our profession.  The opportunities are endless, whether you want...…

September 27, 2016 

The Chamber of Digital Commerce represents the world’s leading innovators, operators and investors in the digital asset and blockchain technology ecosystem, including start-ups, software companies, global IT consultancies, financial institutions and ...

September 19, 2016 

Chris DeBlanc, CPA/PFS, CFP Senior Tax AssociateRSM US LLPMcLean, VAhttp://rsmus.com   Q&A: Aside from the accounting websites, which blog/website do you consider a must-read? I believe in economically empowering the individual. This is my passion and my hobby. I read a lot about personal finance and economics. I do most of my reading at Yahoo...…

July 26, 2016 

The dedication to helping businesses grow is a personal crusade of Kelly’s. Following the investment of £139m on research and development during FY15, the Sage CEO used the keynote as a platform to set out how all Sage products will now be connected ...

July 4, 2016 

The real second shift in accounting technology will come by way of Blockchain and it is starting to take shape. Accountant’s role is starting to shift from bookkeeper to business consultant. People skills have become just as important as keeping the ...

March 21, 2016 

In short, ransomware is malicious software that gets downloaded (usually on accident) onto a business computer or network. The perpetrators of the scam then lock down the computers and threated to erase key data if the business doesn't pay a ransom.

February 29, 2016 

The seventh annual technology trends report, “Tech Trends 2016–Innovating in the digital era,” discusses how these top trends are driving new products and services, upending long-standing business models, and rewiring rules of customer engagement.

January 6, 2016 

E-signatures provide an opportunity to make the upcoming season better for both the taxpayer and the preparer.

January 4, 2016 

Several companies are proposing solutions, but it is uncertain how successful these will be. But it is clear that the use of “white lists” will be a major part of the solution, and that one of the leaders in this movement is a vastly enhanced PC Matic.

Dave McClure

March 25, 2015 

Legitimizing the widespread adoption of digital currencies such as Bitcoin and Ripple, Libra, makers of bitcoin tax-accounting service LibraTax, today announces the release of two new services to help businesses and CPAs account for digital currency ...

October 12, 2014 

Risk mitigation when your practice is attacked is an economic consideration. What will breach reporting cost? What will recovery cost and time lost be? Although we are not likely to be terminated by our clients or our firm, even this type of loss ...

Randy Johnston