Digital Currency

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August 30, 2019 

What Would a Recession Mean for IRS Tax Reporting Enforcement?

One aspect of an economic slowdown companies are prone to overlook involves taxes. Recessions tend to widen the tax gap, essentially the difference between how much taxpayers owe and how much they actually pay. An increase in the tax gap would almost ...

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August 13, 2019 

The Human Skills Tech Can Never Replace

If you were to draw a picture of today’s accounting landscape, you’d find technology front and center, hogging up all the attention. It’s not hard to see why it’s gained such a place of prominence.

Amy Vetter

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August 8, 2019 

Accounting Firm Starts Accepting Cryptocurrency Payments

Armanino is also extending the firm’s proprietary block explorer and associated audit tools to a cloud-deployed solution which can be utilized internally or by clients, including virtual currency exchanges (VCEs), custodians and blockchain companies.

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August 7, 2019 

Succession Planning for Small Accounting Firms

Clients of small firms are traditionally very partner-loyal, not firm-loyal. For this reason, it takes additional time to transition clients to the successor firm. If you are one-to-five years away from retiring, a Two Stage Deal may be for you.

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July 24, 2019 

Node40 Balance – 2019 Innovation Award Finalist

“Among the most prominent of innovators today is Node40 – an Enterprise Blockchain Accounting Solution on a mission to arm accountants with the tools and intelligence required to instill a great sense of confidence as they venture into these uncharted waters.” -Guthrie The fast-moving nature of the emerging cryptocurrency space has resulted in a great...…

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July 24, 2019 

Lukka Crypto Office – 2019 Innovation Award Nominee

Lukka’s products automate and optimize accounting, audit and tax processes for funds, fund administrators, OTC and proprietary trading firms, exchanges, and accounting firms. Our mission is to transform crypto data into auditable financial information to improve operations, create financial statements and provide regulatory reporting and transparency. Lukka Crypto Office is tailored for any enterprise involved...…

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July 16, 2019 

Leveraging the Four Cs to Automation and Advisory

When we ask practitioners why they continue to focus their efforts on transactional and compliance services, we find that most feel they don’t feel comfortable providing performance- and strategic-based advisory services because their experience and ...

Jim Boomer