A new module within Botkeeper will provide accountants and firms a unified, faster, more intelligent, and advanced autonomous Accounts Payable (AP) solution integrated with their GL and bill pay systems, all from within the Botkeeper Operating System. Integrating Vic.ai into the Botkeeper Operating System was designed to provide accountants with
If your clients are paying a facility or person to watch their kids this summer, they may be in line for the dependent care credit, commonly called the “child care credit.” What’s more, the new tax law enacted earlier this year—the American Rescue Plan Act (ARPA)—increases the tax benefits. But
Xero running slow is a common query searched by the users of Xero accounting software on any search engine. Many users state some weird reasons, scenarios for this issue to occur. In the same way, users also try solutions that do work for some but not for everyone. This article
Avalara’s new Managed Tax Category Classification is built to generate classification decisions and aid in state and local taxability determinations for businesses’ U.S. product catalogs. When businesses introduce a new product or service, it must be classified into the correct tax category. With more than 13,000 sales and use tax
Imagine I asked you to buy a digital copy of a painting I created and then burned. Perhaps you would be interested in my singing abilities and would buy a sound clip that I would record and put up for sale for a few hundred dollars. If you purchased any
As businesses ramp back up, they need to hire in a tight labor market. Luckily, the Work Opportunity Tax Credit (WOTC) may help for select workers. The WOTC has expired and been reinstated by Congress numerous times in the past. However, the tax law passed late last year—the Consolidated Appropriations
Just joining us? We invite you to go back to part one. It focused on the tax rules for profits from sales of personal residences. Part two discussed President Biden’s proposal for long-term capital gains. He hopes Congress will replace the present top rate of 20 percent for profits from
What could you accomplish if you had an additional 1 percent of revenue in your firm’s IT budget? The answers will be unique to each firm, but I can think of a few places many should consider. Pay Off Technical Debt Technical debt happens when firms choose to save money
OnPoint Audit from CPA.com and CaseWare was built to provide an efficient workflow that reduces manual data entry and redundancies and permits transparent collaboration between colleagues and their clients. Hosted on CaseWare Cloud, OnPoint Audit is the newest solution added to the OnPoint suite of audit and assurance products, offering firms
Many clients working 9-5 jobs dream of owning their own businesses. As their accountant, you realize their idealized view is not the reality. Regardless, many people take that big step and start their own businesses. Some start small and grow to big operations. Other clients buy into a franchise. Some
