Latest Articles

October 10, 2014 

After-the-Fact Payroll is part of a suite of products offered by AccountantsWorld. Each product in the product lineup is wholly cloud-based to assist public practitioners in achieving a constant connection to client data. After-the-Fact Payroll is intended as a payroll system, but has a number of features specific to assist in year-end tax reporting. Basic...…

Steven M. Phelan

October 10, 2014 

Tax-Mate 1099 is a year-end compliance solution that comes in four editions, Print, Print Plus, Transmittal, and Advisor with each edition providing more features, respectfully. This article will focus on Tax Mate 1099 Advisor due to the focused effort on accountant centric features. Basic System Functions – 5 Stars Tax-Mate 1099 Advisor installs on local...…

Steven M. Phelan, Steven Phelan

October 10, 2014 

 W2 Mate provides an easy to use year-end compliance reporting system. With the ability to integrate with a number of popular accounting systems, W2 Mate offers a solution that is cost effective for preparing W2s and 1099s in-house and by public accounting firms. Basic System Functions – 4.75 Stars W2 Mate installs on local machines...…

Steven M. Phelan

October 10, 2014 

Americans and Canadians with registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs) now automatically qualify for tax deferral similar to that available to participants in U.S. individual retirement accounts (IRAs) and

October 10, 2014 

Anymore, the typical workday is a combination of work at your desk, work on the phone, work on the run, work from remote locations, work at client offices, keeping up with the news - all while juggling your own personal life and staying connected with the

Gail Perry

October 10, 2014 

The Social Security Administration (SSA) recently released its Fast Facts & Figures about Social Security in 2014. The statistics show that for many retirees, Social Security is integral part of their savings with 65 percent of aged beneficiaries receivin

October 10, 2014 

The IRS says that business e-filing of tax returns rose nearly 10 percent this year, continuing the growth that has seen the number of corporate and partnership returns filed electronically double in just four years, the Internal Revenue Service said toda

October 10, 2014 

Cloud-based payroll service provider Payroll Vault ended its second annual conference by honoring several of its franchisees. The conference was held at the Inverness Hotel in Englewood, Colorado.

Isaac M. O'Bannon

October 10, 2014 

Bloomberg BNA, a wholly owned subsidiary of Bloomberg L.P. is a publisher of specialized news for business, offering several software programs used by tax and accounting professionals. BNA Income Tax Planner with optional Fifty States creating both federal and state tax plans for clients with complex tax situations. Basic System Functions: 4.75 Stars BNA’s tax...…

Bill Kennedy

October 10, 2014 

You probably know the income, sales, and use tax rules in your own state and local jurisdictions without having to do much research. But what if a new client walks in the door and presents you with a tax situation in a state where you have not practiced b

Gail Perry

October 10, 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 ...

October 9, 2014 

The IRS field workload selection process is not designed to ensure that cases with the highest collection potential are identified, selected, and assigned to be worked, according to a new report.

Isaac M. O'Bannon