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 &
When interviewing clients this tax season, despite the obvious emphasis on income tax, keep in mind the importance of estate planning as it can benefit both you and the client. For example, there may be advantages to lifetime transfers to take advantage of the current transfer tax exemption, but
Practice Ignition, a client engagement and commerce platform for professional services, has become Ignition, to reflect growth from its core proposal and payment automation solution to a broader client engagement platform, helping accounting, bookkeeping and professional services businesses. The brand change follows 18 months of product investment to build a
As the CEO and founder of 1st Step Accounting, I am motivated by technology. Ever since I can remember, I have been inspired by some sort of technology. Whether it was a videogame console like the Nintendo or my first Macintosh computer that plugged into the TV, this technology gave
Unless your new business clients come from an accounting or bookkeeping background, they’re not likely familiar with accounting software or terminology. Unfortunately, they often cannot afford to pay for even our most basic services. And, even though we want to help them, we have to keep our own workloads and
The IRS often challenges deductions claimed for business use of a vehicle. And as shown in a new Tax Court case, it pays for your clients to document this activity well. For starters, taxpayers may deduct their actual business-related vehicle expenses or use the standard mileage rate. For 2022, the
Small business clients have particular needs, and Ignatius L. Jackson, CPA, is here to help. Jackson, a CPA based in Tempe, Arizona, specializes in small business accounting services, such as compilations, bookkeeping and tax preparation. Although Jackson has worked with companies of all sizes and across several industries, he enjoys
