Figuring out nanny taxes and payroll for your clients with household help can be a hassle, not to mention time consuming. But you need to keep your clients compliant so calculating nanny taxes “after the fact” may seem to be a way you could save time and energy that can
Expectations and ways of working with clients have changed thanks to the pandemic. There are so many digital platforms that are being used to engage with people, send data, perform tasks and communicate with clients. Now, we’re focusing on a digital client experience where CPAs are having to adapt and learn
Xero has unveiled comprehensive improvements to its bank reconciliation feature, the largest upgrade to the function in a decade. In the past 12 months, Xero has processed more than 1.76 billion bank transactions for more than 2.7 million subscribers around the world. The new improvements allow all Xero subscribers to
As accounting and tax professionals, you may (or might in the future) have clients who have wondered if they should choose a different home state for their business. After all, we occasionally hear how this state or that state is more “business-friendly” — and the tax environment stands as one
There are many ways to automate your accounting department, and robotic-process automation can play a key role. Free Preview: Start Your Own Business Submit your email below to get an exclusive glimpse of Chapter 3: “Good Idea! How Do I Know If I Have a Great Idea for a Business?
In the past few weeks I conducted two joint retreats, one for sole practitioners and another for two- and three-partner firms. Accountants from 10 states and Canada participated. It was the first time I tried this format and I had a great time as I believe the participants also did.
Quicken helps its users to carry out the major accounting tasks with great ease and efficiency. The users also trust the software to carry important company data in the application and to safeguard it; Quicken has an automatic backup feature that creates the exact copy of the Quicken data file
The booming market for nonfungible tokens is showing no signs of slowing down as investors pour money into digital collectibles, but the tax rules surrounding NFTs are anything but clear. NFTs are basically digital assets whose data is stored in a blockchain, similar to cryptocurrency like Bitcoin and Ethereum. It
The Financial Accounting Standards Board has endorsed a recommendation from its Private Company Council to allow a practical expedient for a private company to determine the current price input of equity-classified share-based awards issued to both employees and nonemployees. During a meeting Wednesday, the board agreed to issue an accounting
Let’s face it: We are done about talking about the pandemic. We’re exhausted. The last 16 months or so have turned our entire worlds upside down. From quarantines to rapid testing, we want a break from the news and we want a little more joy in our lives. Part of
