Latest Articles

August 22, 2011 

Over the past several months, I’ve had the chance to assess the issue of computing “in the cloud,” both in terms of the benefits and the drawbacks. So far, the benefits outweigh the drawbacks. But this is a very fluid situation that will require some strong due diligence and more than a little caution. Cloud...…

Dave McClure

August 22, 2011 

Don’t miss the latest episode of TaxPrepPartner2Go, where Executive Editor Darren Root visits with Raj Kapur, Executive Vice President, The Center for Project Management, about how to effectively make changes in your firm. Sponsored by SurePrep   CPA Practice Advisor has teamed with SurePrep to bring you a monthly podcast series — TaxPrepPartner2Go (TPP2Go) —...…

August 19, 2011 

800-230-2322 www.taxworks.com The Tax Planner module from RedGear, the makers of TaxWorks, is designed to work with that specific tax system, providing several years’ of scenario planning for federal and state taxes, with support for all common tax treatments. However, the program can also be used as a stand-alone utility. RedGear offers program updates throughout...…

August 19, 2011 

800-765-7777 www.lacertesoftware.com The Intuit ProLine Lacerte Tax Planner is a tool for developing customized tax scenarios to help tax and accounting professionals estimate the tax impact of proposed future transactions.  The planner allows tax professionals to advise clients on how best to minimize tax liabilities using known and projected tax rates, rules, income and familial...…

August 19, 2011 

800-739-9998 www.cchgroup.com ProSystem fx Planning provides comprehensive scenario-based income tax planning features in a system that can be used as a stand-alone program or as an integrated part of the ProSystem fx Suite of professional tax and accounting products. The program includes support for all tax treatments, including regular, AMT and capital gains, with extensive...…

August 18, 2011 

866-304-3800 www.paylocity.com   Best Fit Companies who want a web-based payroll and human resources application that integrates with many entry-level and mid-range accounting and ERP applications. Strengths Uses a single database for payroll and HR data, and allows documents to be attached to electronic personnel files in their native formats. Provides integration with many popular...…

Steven M. Phelan

August 18, 2011 

888-236-9501 www.accountant.intuit.com/payroll   Best Fit Accounting professionals who do client bookkeeping/write-up or payroll preparation in QuickBooks for Windows, as well as those who need support for payroll integration with job costing in QuickBooks. Strengths Tightly integrated with the Windows version of QuickBooks; however, there is no support for QuickBooks Online, QuickBooks for Mac or third-party...…

Steven M. Phelan

August 17, 2011 

Midwest Accounting & Finance Showcase Keeping you at the forefront of the profession for 31 years. August 23-24, 2011 Donald E. Stephens Convention Center, 5555 N. River Road, Rosemont, IL   The Illinois CPA Society Society’s 31st Midwest Accounting & Finance Showcase offers an incredible value for finance professionals looking to earn CPE, network and talk...…

August 16, 2011 

  So you didn’t marry that high school sweetheart who turned into a billionaire and that brilliant business idea you had that was going to make you rich didn’t quite pan out as expected. So what else is left in that chocolate box of retirement options? Like an egg, you can cook retirement plans in...…

August 16, 2011 

NEW YORK (CNNMoney) — Warren Buffett is once again begging Congress to tax him more. “My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice,” the founder of holding company Berkshire Hathaway (BRKA, Fortune 500) wrote in a New York Times...…

Jeanne Sahadi

August 15, 2011 

Drake Software, one of the largest independent developers of tax and practice management software for professional accountants and tax professionals, announced today that they've acquired Copanion, which is most notable for its GruntWorx paperless workflow solution. Financial details regarding the deal between the two privately-held concerns were not disclosed.

Isaac M. O'Bannon

August 15, 2011 

By the time you read this, I will have delivered a new presentation, “Crisis Communications: What Would You Do if BP Happened to You?” for the Kansas Society of CPAs. I was fortunate to be invited to speak during the KSCPA’s Business & Industry Expo in August to an audience of tax and accounting professionals...…

Scott Cytron