Whether you’re just starting out on a career path in the accounting and finance profession or considering your next career move as an accountant, you’re in luck. According to a report by the U.S. Bureau of Labor Statistics (BLS), over 14,000 jobs in accounting and finance were added in May. At the
The IRS’s initial draft of 2021’s Schedule E components are often major elements of tax liability or savings, and often the most complex details of the return. The parts consist of rental real estate and royalties, income of partnerships and S corporations, then income of trusts and estates, followed by
Whether they’re running a remote startup or a brick-and-mortar company, many small business owners share the same concerns. No one likes uncertainty. Many feel that one crisis brings another, but with crisis comes opportunity. As their accountant, you are in a position to help. Why? Because sometimes you understand your client’s
When it comes to making choices about technology, the key to success is embracing the right tools, which accountants have been largely reactive in doing. During his energetic AICPA Engage talk, Ford Baker and his colleague, Joe Abesamis, discussed a major hurdle faced by accountants: the fact that accounting is
New entrepreneurs encounter uncharted territory as they navigate all they must do to create their legal business entities. I’ve no doubt that you’ve fielded many questions from your clients who aspire to become business owners. Understanding the paperwork required to start a company is one of many things your clients
In 2020, auditors had a get out of jail free card in dealing with the newness of remote work and the impact on personal and professional lives, but not when it came to producing the high-quality work we always do. Like so many other industries, these changes created challenges, but
Sage has launched Sage 20 for 20, an accountant accelerator program designed to provide partners with solutions and resources essential to grow and scale their business. Specifically, in exchange for 20 customer referrals a quarter, participating partners will have exclusive access to a cloud tech stack for firm growth and
The recurring theme during many accountant-focused sessions at AICPA Engage, and the profession itself, is that change is not “coming” it is here. During their live session “Navigating the Future: Disruption Map Exercise to Future-Proof Your Firm,” Kacee Johnson, Senior Director of Strategy & Innovation at CPA.com, and Lisa Simpson,
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
