Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
May 17, 2022
The Secure Act and the Growing Popularity of Roth Conversions
The SECURE Act is a significant change to the retirement landscape. One of the areas it especially impacted is Roth IRAs. So, what does this mean for you and your clients? And, how can you best navigate the changes given proposed tax law changes?
May 16, 2022
Donating Your Andy Warhol? The Tax Implications
In May, 2022, Andy Warhol’s “Shot Sage Blue Marilyn” sold for a record $195 million, making the portrait of Marilyn Monroe the most expensive work by a U.S. artist ever sold at auction. The seller, the Thomas and Doris Ammann Foundation Zurich, is a ...
Technology May 13, 2022
Your Firm’s Next Hire: A Project Manager
Running a modern firm is a team sport. So if you want to increase your capacity and capability to get these projects done successfully, you need to hire a project manager.
May 12, 2022
How Businesses Can Defend Against Payment Fraud
The remote work era brought on by the COVID-19 pandemic has made it even easier for criminals to execute payment fraud attacks. For most companies, it's become a matter of when they’ll face a fraud attack--not if.
May 11, 2022
Cannabis Business Accounting: Bad Debts
If you are on the accrual method of accounting, and you recognize income as it is incurred and someone doesn’t pay you, you have a bad debt. However in cannabis you are stymied by Section 280E, which only allows cost of goods sold (COGS) to be deducted.
May 11, 2022
8 Steps to Finding the Right Software Solutions to Run Your Firm (Part 2)
Price can lead to sticker shock for a lot of firms. Often, people think, “it’s going to cost that much?!” This can lead them to miss out on a solution that can supercharge their firm in ways that manual work cannot.
May 11, 2022
Your Firm and Your Upgrades – Throw It Out!
Prepare to replace all your end-user hardware. The value proposition became clear when presenting at a conference in the past week. 2022 is the start of a massive wave of technology innovation. I have seen this type of wave a few times in my career.
May 9, 2022
7 Ways to Improve Your Work-Life Balance as a Firm Owner and Accountant
Creating more balance in your life can help you take control of your future and your happiness. As a firm owner, you have the power to create your ideal life and your ideal firm. It’s just a matter of figuring out what that means for you, removing ...
May 9, 2022
8 Steps to Finding the Right Software Solutions to Run Your Firm (Part 1)
The right software will save your accounting firm time, money, and frustration. But finding the right solution isn’t as easy as using the first product you come across on a Google search or using the same solution that your friend at another firm uses.
May 9, 2022
Three Steps to Building a Bulletproof Accounting Workflow Checklist
But are you using your workflow checklists to their fullest potential? Have you optimized your workflow checklists so you can delegate work to your team and ensure consistent, high-quality client deliverables without you being involved?
May 9, 2022
AICPA News: May 2022
AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants.
May 2, 2022
2022 Tax Season Review: The Good, The Bad, & The Ugly
The tax season is often measured by the revenues a CPA firm generates, so this time period is make-or-break for the whole year. Adopting a reliable, secure cloud-based platform designed especially for CPA firms will help reduce stress for tax preparers...