Article

abacus next logo 1  58abcba5e6fd6

May 31, 2017 

AbacusNext Acquires OfficeTools

AbacusNext, a Technology-as-a-Service (TaaS) provider for the legal and accounting professions, is pleased to announce the acquisition of OfficeTools, maker of practice management software WorkSpace. With its productivity-enhancing software suite, the acquisition of OfficeTools allows AbacusNext to provide cloud-enabled and fully-integrated practice management solutions to CPAs and accounting professionals at large. This acquisition comes within...…

Gail Perry

farm grain harvest

May 22, 2017 

Farm Loan Methods and Cautions

The first time you take out a CCC loan, you and your tax specialist will need to analyze the best choice for your operation and either treat the loan as a loan or treat the loan as income. Once the precedent has been set you will by default ...

Judy Gilbertson

 Is 70 the New Retirement Age?

May 22, 2017 

Is 70 the New Retirement Age?

Is 70 becoming the new retirement age? According to a recent CareerBuilder survey, 30 percent of U.S. workers ages 60 and older plan to retire at age 70 or older. Another 20 percent don't believe they will ever be able to retire.

Isaac M. O'Bannon

Spring Training

May 22, 2017 

Spring Training for CPA Teams

Baseball fans get excited when spring rolls around. It’s the first step of a new season — the moment when everyone sees what your team is made of. Although there are no leagues or playoffs in public accounting, managers still needs to gear up all ...

Paul McDonald

 May 2017 Firm Management Channel

May 22, 2017 

May 2017 Firm Management Channel

Important Components of a Professional Liability Insurance Policy Covered and excluded services- Ensure that your policy contains no limitation to fees, areas of practice and or persons covered. You want to ensure coverage for a broad variety of professional services and persons that work for you. Coverage must be full tort (not restricted to negligence)....…

client-portal1_10884461

May 22, 2017 

Are Portals Finally Coming of Age?

Portals have been in existence in the accounting profession for around 20 years. Many public practice firms set up proprietary portals that had integration benefits to their practice management systems and were integrated into early web sites.

Randy Johnston

hands work1 1  58f527ae87cdb

May 22, 2017 

Reaching Clarity On Remote Work Policies

Remote work is a popular topic of discussion at many firms across the country. Yet few firms sit down to flesh out detailed policies for remote workers before their first virtual employee is in place. Typically, one valuable employee requests to work ...

Jim Boomer

business retreat

May 22, 2017 

10 Tips for Firm Retreats

As a former managing partner (MP) with a firm who religiously held an annual retreat, I can offer a few tips to you from experience that will help you get the most out of the process. You're investing a lot of time (= money) taking your top talent ...

Gary Adamson