Delegating, outsourcing and automating tasks can increase your capacity at work. Whether your plate is too full or you’re looking toward starting new projects, these strategies can help make room on your plate. But there’s one vital key you need to have in place before you can start: process documentation. If your
The pandemic-era housing boom has made real estate an enticing investment prospect for many people. Accountants, in their role as investment advisors and financial planners, are tasked with advising their clients whether to enter this market. Prudential concerns center on the sustainability of the housing boom and the risk of
Accountants go meta; muddy start to the season; the controller as preparer; and other highlights from our favorite tax bloggers. What a world Institute on Taxation and Economic Policy (https://itep.org/category/blog/): Most state budgets are flush with cash due to billions in federal aid and a rebounding economy, positioning state policymakers
The IRS has announced that the filing season for federal individual income tax returns for 2021 kicks off on January 24 (IR-2022-08, 1/10/22). The IRS already started accepting e-filed business returns on January 7. With updated programming, eligible taxpayers can claim the proper amount of the Child Tax Credit (CTC) after
The vast majority of tax and finance leaders see a need for improved technology and data skills in their employees, according to a new international survey. The survey, by Ernst & Young, polled 1,650 tax and finance leaders in over 40 countries. It found that 84% of the respondents plan
QuickBooks is a blessing for a large percentage of the population, as it provides premium level accounting features to its users. Nevertheless, it has an infamous set of operators who are troubled with the occurrence of uncommon technical faults such as – QuickBooks Error 3003. This error usually comes up
QuickBooks encounters errors while opening the company file that is quite common while running the QuickBooks Desktop application. QuickBooks requires permission to access files located inside the QuickBooks folder for smooth operations. When a user does not have proper read/write or delete permission, QuickBooks error 80070057 is triggered in QuickBooks
Let’s say you’re about to wrap up an initial consultation with a potential new client. The meeting flowed smoothly, you gathered all the necessary information and the client is a good fit. Now what? You might agree to send a proposal, as it’s what you’ve always done. But what if you want to
The Internal Revenue Service has updated its guidance on claiming the Recovery Rebate Credit and issued a report Friday on how it responded last year to the COVID-19 pandemic. The frequently asked questions document on the 2020 Recovery Rebate Credit explains how taxpayers who didn’t receive their Economic Impact Payments,
Nonprofit organizations have been growing their operating reserves over the last year, despite the pandemic, while experiencing other positive changes, according to a new survey. The survey from BDO USA found that while 28% of nonprofits had less than four months of operating reserves in 2020, 38% of the organizations
