Blog

 Faster High Speed Internet on the Way?

February 11, 2010 

Faster High Speed Internet on the Way?

Google has plans to build an experimental broadband system in select communities across the U.S., according to the company. The system would supposedly be able to provide speeds up to 100 times faster than current high-speed Internet capabilities, and as much as 1,000 times faster than the fastest non-high-speed systems. How fast is that? Well,...…

Isaac M. O'Bannon

 Accounting Ranks High in Best/Worst Jobs for 2010

February 9, 2010 

Accounting Ranks High in Best/Worst Jobs for 2010

Validation is a good thing; I’ve talked about how accounting is a great profession for quite a long time – and even blogged about it when I met with the business students at Indiana University.   CareerCast recently published its annual ranking of the 200 Best and Worst Jobs for 2010. Accounting came in at...…

Darren Root, CPA, CITP, CGMA

 Best Job in America? Actuary, Actually

February 8, 2010 

Best Job in America? Actuary, Actually

While there probably aren’t too many young children dreaming of statistics-driven actuarial analysis, a recent study by online job search engine CareerCast has found that actuaries have the “best job in America.” The accounting profession was cited as the 9th “best job.” The study, onCareerCast’s website, rated professions on several factors, including physical demands, work...…

Isaac M. O'Bannon

 New Accounting White Paper and Paperless Pub Now Available

January 28, 2010 

New Accounting White Paper and Paperless Pub Now Available

One new accounting publication on “less paper,” and one white paper on a how to establish a dialog with clients on sales tax are now available for purchase or download. These are notable works from two experts. “How to Talk to Your Clients about Sales and Use Tax,” a free guide for CPAs to sales and...…

Scott Cytron

 OCR Technology is Good for the Firm and Client

January 26, 2010 

OCR Technology is Good for the Firm and Client

Recently, when I was scanning my e-mail, a press release from Thomson Reuters jumped out at me calling attention to its Source Document Processing Service:   The Tax & Accounting business of Thomson Reuters announced today that its Source Document Processing service is off to a strong start this tax season, having already processed thousands...…

Darren Root, CPA, CITP, CGMA

 Congress Passes Haiti Aid Bill: Donations Deductible for 2009

January 22, 2010 

Congress Passes Haiti Aid Bill: Donations Deductible for 2009

As an update to a blog post a few days ago, both chambers of Congress have now passed legislation enabling taxpayers to claim charitable deductions made for Haiti aid relief efforts on their 2009 tax returns. The Haiti Assistance Income Tax Incentive Act passed through the House of Representatives unanimously yesterday, and quickly moved through...…

Isaac M. O'Bannon

 Haiti Aid May be Deductible for 2009 Returns

January 18, 2010 

Haiti Aid May be Deductible for 2009 Returns

Bipartisan Push on Capitol Hill Would Allow Donations to Quake Relief to be Applied to 1040 Returns Currently Being Filed In a seemingly rare display of bipartisan effort by both chambers of Congress, Democratic and Republican leaders in the House and Senate are pushing to quickly pass legislation that will allow U.S. taxpayers to deduct...…

Isaac M. O'Bannon

 A Salute to the Ohio Society of CPAs

January 13, 2010 

A Salute to the Ohio Society of CPAs

The OSCPA is continuing their annual tradition of providing free tax return preparation for military families. To qualify, the filer (or one of the joint filers) must be a permanent resident of the state of Ohio and be currently deployed outside of the state. As a veteran who served overseas several times, I would like...…

Isaac M. O'Bannon

 Sage Brand Discussed at Thought-Leader Summit

January 11, 2010 

Sage Brand Discussed at Thought-Leader Summit

Last week, I was very fortunate to be one of about 20 professionals who were invited to part of a Thought-Leader Summit in Las Vegas. Most of us in the room provide information to the accounting marketplace through content, social media or consulting services. Sage sponsored the meeting because it wanted feedback and advice on...…

Scott Cytron

 Unlicensed Tax Preparers to Face Changes, Registration

January 11, 2010 

Unlicensed Tax Preparers to Face Changes, Registration

The IRS announced last week that, starting with next year’s filing season (TY 2010), all paid tax preparers who are not already recognized by the IRS will have to follow new guidelines. The proposal essentially creates a new category of professional preparer (acronym as yet unknown) who will be required to register, receive a preparer...…

Isaac M. O'Bannon

 Small Business Tech Tips

December 15, 2009 

Small Business Tech Tips

We’ve got a great webcast tomorrow (Tuesday, 12/15 at 2pm ET). Darren Root and I will discuss several technology concepts and tips for small businesses – not just professional accountants, but their clients, too. Plus, 2-hours of free CPE! Register at http://www.cpata.com/webcast_tw. Intuit has also put out a Top 10 List of technology-focused small business...…

Isaac M. O'Bannon