In addition to the fantastic networking opportunities and engaging content agenda you’ll find at the AccountingWEB Live Summit this May in San Diego, we also have exhibit halls filled with vendors who offer the latest technology that will solve your problems and help you work more efficiently. This week, we spoke with ClearSpend
Treasury Secretary Janet Yellen said a digital dollar would take years to develop if the U.S. decides to proceed with one, underscoring a deliberate approach by American policy makers as they flesh out their regulatory plans to address the rapid spread of digital assets. U.S. regulators are now engaged in
When a family hires someone to work in their home, like a nanny, housekeeper or senior caregiver, they become an employer and have employment tax obligations. These are commonly called “nanny taxes” and include the employer portion of FICA (Social Security and Medicare) and federal and state unemployment insurance. The
Cryptocurrencies are gaining in popularity, but for those who have chosen not to invest, a lack of understanding of the asset itself was cited as the primary reason for staying out of the fray for now, according to a recent report from cryptocurrency finance platform Gemini. Worldwide, an average of
Accountants need to remind clients that their day of reckoning with the IRS is happening in just a few weeks. This is the first article in a series on what to tell clients who need or want to postpone the inevitable. Remember that the IRS wants to help. The agency says there’s
The Supreme Court of Texas reversed the Texas Court of Appeals decision in a closely watched franchise tax case regarding apportionment of service receipts. In its March 25, 2022, decision in Sirius XM v. Hegar, the court agreed with Sirius’ method of sourcing its subscription revenue based on the locations
We recenly spoke to Sage’s Ed Kless to talk about outcomes vs. outputs, why he joined the agenda at AccountingWEB Live Summit, and what you can expect from his revolutionary session on Selling Your Brain, Not Your Time on day two of the event. I met Ed very early on
The accounting and medical professions are similar in that practitioners in both need a good “bedside manner.” They need to gain the trust and support of their patient or client. In accounting, this is especially true when trying to get clients to discuss their financial fears, particularly when they think
The International Public Sector Accounting Standards Board released for public comment an exposure draft of a proposed standard for multi-employer retirement plan obligations. The goal is to increase the transparency and accountability of public sector entities when it comes to the measurement and recognition of retirement plan obligations, which can
The total value of goodwill impairments recorded by U.S. public companies more than doubled in 2020 during the first year of the COVID-19 pandemic, according to a new study, and the same may happen again this year as geopolitical tensions rise. The study, released Thursday by Kroll’s Valuation Advisory Services
