Robotic process automation has become a necessary technology for many accounting firms that are trying to achieve more efficiency as the staff becomes harder to find during the ongoing pandemic. Firms like Deloitte are increasingly relying on RPA technology and showing clients how they can achieve more with an already
Many businesses around the globe are struggling to find enough skilled workers to fill their needs. Yet there’s one sector that never seems to have a shortage of increasingly talented labor: cybercrime. Plenty of organizations “on the dark side” are attracting more, and more sophisticated, talent. Statistics from research published
QuickBooks is a leading accounting software that undoubtedly provides the most reliable tools and features to its users for the smooth run of their business. Nevertheless, there can be internal faults in the application that can lead to complicated and sometimes irrecoverable errors like QuickBooks Error 1327, which is an
A group of 99 House Republicans has sent a letter to Internal Revenue Service commissioner Charles Rettig asking for information about how the IRS plans to fix the backlog of unprocessed tax returns before the 2022 filing season. In a letter Thursday, the members pointed out the Treasury Inspector General
Remember strolling through the aisles of Blockbuster Video to find just the right movie on Friday night? At its peak, Blockbuster owned over 9,000 video-rental stores throughout the United States and had 65 million customers. Today, aside from the lone Blockbuster storefront in Bend, Oregon, Blockbuster has essentially disappeared. Why?
A bipartisan group of Congressional representatives—including Stephanie Murphy (D-FL), Terri Sewell (D-AL), Carol Miller (R-WV), and Kevin Hern (R-OK)—introduced H.R. 6161, the “Employee Retention Tax Credit (ERTC) Reinstatement Act,” to undo the early termination of the ERC that was enacted by the Infrastructure bill on November 15. The new bill
Outlook is a part of Microsoft Office and is used as an email manager. It is not just limited to sending emails; it can also be integrated with several third-party Windows and online apps to provide email functionality. Once integrated with QuickBooks Desktop, a user can quickly send emails using
The Internal Revenue Service is asking more charities and tax-exempt organizations to file their information returns electronically as required by the Taxpayer First Act of 2019, but its aging systems are experiencing delays that are frustrating tax professionals. Members of the American Institute of CPAs’ Exempt Organizations Taxation Technical Resource
You are required to file 1099 Misc forms to Internal Revenue Service if you are paying $600 or more to a supplier or a dealer in a fiscal year. Additionally, you will also need to provide copies of the forms to such merchants for tax filing purposes. With QuickBooks Online
Despite a recent crackdown in the Tax Cuts and Jobs Act (TCJA), the alimony deduction is still “alive and kicking” for many existing divorce or separation agreements. Moreover, the reach of this deduction may be greater than you think. A prime example can be found in a recent Tax Court
