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December 14, 2019 

IRS Appoints 12 New Members to Advisory Council

The Internal Revenue Service has appointed 12 new members to the Internal Revenue Service Advisory Council. The IRSAC, established in 1953, is an organized public forum for IRS officials and representatives of the public to discuss various issues in tax administration. The council provides the IRS commissioner with relevant feedback, observations and recommendations. It will...…

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December 13, 2019 

Does Your Firm Need a Technology Steering Committee?

In an accounting firm, technology is embedded in everything we do. Yet too often, we see firms hand off responsibility for all technology projects to their IT teams. Firms that successfully leverage technology as a strategic asset recognize that ...

Jim Boomer

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December 12, 2019 

Do Your Best Emerging Technology

From the December 2019 Issue. I my columns last year, I explored the details of various emerging technologies. For this column, I’d like to re-visit and update changes in emerging technologies for the profession. The frenzy continues around several emerging technologies, and some of the hype is starting to be true. Startups and traditional providers...…

Randy Johnston

payroll

December 12, 2019 

Intuit Expands QuickBooks Online Payroll Options

The new and expanded suite includes three options for small businesses: Core, Premium and Elite, all of which allow small business owners to run payroll and file taxes automatically. Research shows that 41% of small business owners report it typically...

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December 11, 2019 

Accounting Profession “Thriving in Age of Innovation”

Artificial intelligence and other transformative technologies have ushered the accounting profession into an age of innovation, and the momentum of change continues to build, the chief executive of CPA.com said in a morning keynote at the Digital CPA Conference. “While technology is enabling these changes, CPA firms must align their business strategies and skills and...…