Technology

May 25, 2018 

The IRS has received reports from tax professionals who received fake emails that were trying to trick them into disclosing their email usernames and passwords.

May 24, 2018 

The accounting treatment for the dry-docking process has been debated for a long time may be because of the complications associated with the nature of the process. The debate mainly revolved around whether to capitalize the dry-docking costs or to ...

Sameh A. Rassoul Hendawi

May 23, 2018 

The new customer program is anchored by a new website that provides a broad view of the possibilities for more collaborative and comprehensive planning and then walks customers through the considerations for implementing the selected elements of their ...

May 23, 2018 

As economies, businesses, and people progress through innovation, so must accountants adapt to the evolving role of finance. The days of the one-dimensional CPA number cruncher are long gone. Accountants are increasingly expected to master areas ...

May 22, 2018 

We see a number of products that are running crude AI today and vendors that are pretty far along in their use of AI. Getting products that apply to small and medium businesses are more of a challenge, but we see efforts at Intuit, Xero, BQE Core, ...

Randy Johnston

May 22, 2018 

One of the hot areas of emerging technology is Artificial Intelligence or AI. You know a topic is hot when products use the terminology in their name or in their marketing materials. We’ve see this done with “ease of use”, Cloud Computing, and Blockchain.

Randy Johnston

Technology May 22, 2018 

Up early in the morning and working late into the evening, many shop owners are not only working on the business, they are working in the business. Consider your wardrobe; the time of day you can speak with them one-on-one without too many distractions.

Becky Livingston

May 22, 2018 

Despite the merits that the digital economy affords women, especially as gender parity in the corporate workplace falls under scrutiny, 90 percent of India respondents and 41 percent of U.S. respondents identify transaction fees on payments as one ...

May 22, 2018 

IRS Clarifies Tax Requirements for Tip Jars By Ken Berry, J.D., Tax Correspondent Do you ever leave spare change in tip jars or boxes on counters of business establishments? The tax rules for these payments are tricky. In a new Chief Counsel Advice (CCA), the IRS has clarified that cash amounts constituted tips that are...…

May 22, 2018 

5 Blockchain Tips for Accounting Firms By Isaac M. O’Bannon, Managing Editor There has been a lot of talk about how blockchain technology will disrupt the role of accounting as we know it today. In truth, disruption has already been happening through automated accounting software and other applications that help accounting firms process data faster,...…

May 21, 2018 

Both attorneys have decades of experience constructing and executing personalized strategic business and tax plans for successful individuals, families and their businesses. Forster will serve as the private wealth practice team coordinator for the ...

May 21, 2018 

Nearly half (49 percent) of all organizations surveyed admitted to not tracking key performance indicators (KPIs) in their payroll department. That's according to a new survey from Kronos Incorporated conducted with the American Payroll Association.