Article

December 17, 2018 

Overwhelmed by buzzwords like “blockchain” and “artificial intelligence”? While these technologies will no doubt be transformative over the next decade, there are plenty of ways for teams to get significantly more efficient and effective using ...

Blake Oliver

December 17, 2018 

The old axiom that “words can never harm me” may have been true at some point, but that is certainly no longer the case in this age of #MeToo. Words spoken today, especially if they are lewd, profane, sexually explicit, or sexual innuendo can and ...

Richard D. Alaniz, JD

December 17, 2018  Sponsored

Over the past year, Intuit has actively sought feedback from ProAdvisors via one-on-one interviews, surveys, focus groups and in-person events to learn how the program can help them face the challenges of today’s ever-changing global accounting landscape.

December 17, 2018 

The increasing rate of technological evolution and of software vendors attempting to integrate with that evolution continues to happen at a fever pitch. With that in mind we offer our predictions as to those items that we believe will have the highest ...

Roman Kepczyk

December 17, 2018 

Why Most Firms Don’t Make It to the Second Generation By Marc Rosenberg, CPA The short answer is that CPA firms stink at succession planning.  Firms’ entire operations are geared to maximizing short-term profits, focusing on today at the expense of tomorrow.  Evidence of this is the following: A 60 year-old sole practitioner wants to...…

December 17, 2018 

No More Deductions for Work Expenses & Mileage By Ken Berry, J.D., CPA Practice Advisor Tax Correspondent Notably, the new Tax Cuts and Jobs Act (TCJA) scales back deductions for certain itemized deductions, including state and local tax (SALT) payments and mortgage interest. But another lesser-noticed crackdown may be just as significant. Effective for 2018...…

December 17, 2018 

Top 5 Skills Modern Accountants Need in 2019 Kurt Avarell, Founder & CEO, Canopy To achieve success, accountants must understand the importance of investing in themselves. This means building up their skills beyond crunching numbers and preparing tax returns. It’s important for modern accountants to improve valuable skills and build on their strengths in areas...…

December 17, 2018 

How Businesses Can Combine Data and Systems Into a Winning Strategy By Greta Guest Most managers want to base their business decisions on solid information, but that’s not always easy. It can be challenging to figure out exactly what data you should compile and how you can best use it. Michigan Ross Professors Gwen Yu...…

December 14, 2018 

Office workers on average, spend more than six hours each week looking for misplaced documents. Improperly managing documents not only is frustrating for everyone, it’s now estimated that nearly $2.5 million per year is wasted looking for ...

Mary Girsch-Bock

December 14, 2018 

Time-consuming administrative tasks like staffing, daily planning, and payment collection can slow a daycare down and, at times, even grind the operation to a halt. Keeping physical records is likely the norm for no other reason than that it is how ...

December 14, 2018 

  Blockchain technology and cryptocurrencies are natural partners, with decentralized control mechanisms and distributed models that emphasize secrecy as much as they offer privacy or security. For the IRS, secrecy is a problem. More precisely, it’s a missed revenue opportunity. In an effort to collect tax on the booming crypto trade, the agency has already...…

Paul Banker

December 14, 2018 

You’ve probably made a New Year’s resolution a time or two in your life, and, because you are an accountant, you might even have the mindset required to follow through and get your resolution(s) accomplished. But sometimes the list of life changes we ...

Gail Perry