If you’re just joining us, the previous four parts in this series summarized how ownership of conventional single-family dwellings differs from ownership of condos or co-op apartments and explained when the IRS will allow owners of co-op apartments to build up the adjusted basis for their apartment or require them
Many firms today resemble the accounting profession equivalent of flip phones; basic, reliable, but not so advanced when it comes to technology and services offered. But, it doesn’t have to be this way. Before smartphones came along, flip phones were very popular, providing the basic functionality we expected. But when
The accounting firms said they would sever ties, after similar announcements from their rivals KPMG and PwC.
For some clients, retirement isn’t a bed of roses. Living on a fixed income when inflation drives prices up can put some older clients in a tough spot. Your client might tell you about ads they have seen on TV for structured settlements, specifically life settlements, and wonder whether they
As more states expand or clarify their marketplace facilitator laws, it could become more challenging for marketplaces facilitators and sellers to keep track of which taxes they’re responsible for. For example, although Kansas requires marketplace facilitators to collect and remit tax on third-party lodging, marketplaces are not responsible for the
A debate is intensifying about the role of corporate America in the recent wave of higher inflation. Companies are undoubtedly raising prices. The question is whether they are exploiting a surge in consumer demand or merely passing on their own higher costs. The available data strongly suggests that companies are
The Practice Ignition rebrand, scale-up and push into North America marks the latest development in a fast-moving, fast-maturing practice automation and workflow tool market. How practice automation and streamlining will play out over the coming years is still unclear and vendors from different parts of the accounting ecosystem are seeking
We are extremely proud to have accounting technology thought leader Clayton Oates join AccountingWEB Live Summit as one of its Keynote speakers. Clayton will be one of two keynoters that we intend to have at our event in May, which will be the first time many practitioners have met at
If you’re just joining us, the three previous parts in this series summarized how ownership of conventional single-family dwellings differs from ownership of condominiums or co-op apartments and when the IRS will allow owners of co-op apartments to build up the adjusted basis for their apartment. This article, part four,
To provide the most value for their clients, accountants need easy access to useful data, a simple concept that can get lost. In this second of a two-part series, we’ll explore how data and innovation empower accountants to support growth and stability for their small business clients. Reliable Data &
