March 31, 2018
Between 2010 and 2013, the Association for Financial Professionals (AFP) reported a 17% percent drop in organizations use of checks to make B2B payments. That’s 17% of businesses using fewer checks and making more invoice payments through alternative ...
March 26, 2018
Recently, Danetha Doe, owner of her consulting practice and host of the Future of Accounting podcast, sat down with Marshal Kushniruk, executive vice president of Global Business Development for Avalara, to discuss trends in U.S. sales and use tax.
March 22, 2018
There is a mania surrounding the blockchain technology which underlies cryptocurrencies– it is surrounded by a boundless enthusiasm, and based on the breathless excitement, one might believe that it is the cure for cancer, Alzheimer’s disease, and the ...
March 19, 2018
This past year, cryptocurrencies, particularly Bitcoin, saw a meteoric rise in popularity and usage. Once considered something that is only utilized by cutting-edge tech gurus, cyber criminals, and those who trade on the black market, cryptocurrency ...
March 14, 2018
Veem, a global payments platform built on blockchain, has partnered with BlueVine, a provider of working capital financing to small and medium-sized businesses. The partnership will allow Veem’s US-based clients to finance their cross-border and ...
March 12, 2018
Time and time again, I talk to companies that are in the middle of an ICO, and the way they set up their companies, are crazy. I have an appointment next week with an ICO company, that has set up a company in the Cayman Islands, which has no tax.
March 10, 2018
What we’re seeing now are US companies setting up their ICO to occur overseas. However, the proceeds from that ICO are then funneled into the US Company, which sets off a disastrous tax scenario. This whole situation can be avoided by setting up a ...
March 5, 2018
The Thought Leader Symposium invites select professionals from around the world who are engaged in helping shape the profession. They are all widely-respected and are frequent speakers at accounting conferences.
February 20, 2018
Top Accounting Blogs & Social Media Are You Too Busy to be a Proactive, Future-Focused Advisor? Tom Hood, CPA, via LinkedIn.http://bit.ly/2EvnBoE New AICPA Chair Shares Vision of the Future. AICPA Insights blog.http://bit.ly/2nSflo8 Re-Engineer Your Audit Process. Wendy Cable from the Wolters Kluwer blog.http://bit.ly/2ET1cPW U.S. Treasury Official Says FDII Rules are BEPS Compliance. Robert Sledz from...…
February 16, 2018
Cryptocurrency is a form of currency that only exists digitally and relies on encryption for the security of transactions. There are thousands of forms of cryptocurrency, with some of the most well known with names like Bitcoin, Ethereum and Ripple.
February 14, 2018
A Section 1031 Exchange is a like-kind exchange. Before the new tax law, if you had anything classified as property, you could exchange that property for property that was like-kind, and avoid the capital gains tax on the transactions.
February 14, 2018
Today’s security protocols perform cryptography in all kinds of electronic networks, from sound to SMS texting to Internet web pages: but none of them use Gilbert’s OTP! So why doesn’t cryptography use this perfect Unbreakable cipher?