October 2018 - Accounting Software News

Long-Term Recordkeeping and Payroll in the News

2018-10-11 - by Deanna Fletcher

As an outsider looking in, it’s easy to think that long-term recordkeeping is a governmental formality that primarily involves taxes and business dealings. A lot of other people know that …

Plan for your clients to get both PPP loans and the ERC 2021-01-14
New legislation from the Consolidated Appropriations Act, 2021 creates a chance for some of your clients to take advantage of both Paycheck Protection Program (PPP) loans and the Employee Retention Credit (ERC). Several changes specific to the ERC can provide an opportunity for additional relief for your clients. The significant... Related StoriesBusiness funding: A key new […]
Guest Blogger
Taxpayers are unaware of remote worker state tax liabilities 2021-01-05
During the COVID-19 pandemic, remote work has become common for many companies. What once was a relatively small percentage of remote workers has drastically increased. A recent survey found that many new remote workers are unaware of the potential state tax implications of working in a state or states different... Related Stories2021 busy season due dates […]
AICPA Communications
2021 busy season due dates can’t come soon enough 2020-12-21
“There is no terror in the bang, only in the anticipation of it.”– Alfred Hitchcock In a good year, CPAs fret over due dates. I’m a glass half-full type of guy, but there aren’t too many measures that could be used to call 2020 a good year. (I digress for... Related StoriesHow COVID-19 will affect states’ […]
AICPA Communications
Unwavering in disruption: Reflections on an extraordinary year 2020-12-18
In this interview, Barry Melancon, CPA, CGMA, President and CEO of the American Institute of CPAs (AICPA) and CEO of the Association of International Certified Professional Accountants (the Association), reflects on an extraordinary year and the steps we must take to prepare for 2021. You have described 2020 as a... Related StoriesTaxpayers are unaware of remote […]
Barry Melancon, CPA, CGMA
5 free resources to help market your services 2020-12-17
Your to-do list likely includes items such as scheduling next year’s engagements, sending client information requests, preparing for year-end client accounting services processes, gathering and reviewing documents needed for early 2021 and contacting clients to plan for the year ahead. Taking time to market your services to prospects and clients... Related StoriesTaxpayers are unaware of remote […]
AICPA Communications
Four steps to get started with data analytics 2020-12-16
You know data analytics is changing the way accounting and finance professionals work. If you don’t know how to get started on your data analytics journey, let us help. We spoke to two experts during a recent LinkedIn Live lunchtime event called Hear from your peers: Building your skills and... Related StoriesPlan for your clients to […]
AICPA Communications
Business funding: A key new advisory category for your firm 2020-12-15
CPAs are meeting the moment when it comes to small business relief. This is a new advisory service for the profession, one that will last through 2021 and 2022, in terms of lingering pandemic impacts. Beyond that, I firmly believe funding options will continue to be a valuable category for... Related StoriesPlan for your clients to […]
Guest Blogger
Do THIS — Not THAT in preparation for the upcoming tax season 2020-12-14
Ready or not, tax season 2021 is rapidly approaching. And while we all hope that it will be better than tax season 2020, as John Wooden famously said, “Failing to prepare is preparing to fail.” So, why not hope for the best but prepare for the … unexpected? In thinking... Related StoriesTaxpayers are unaware of remote […]
Guest Blogger
Young CPAs learn to adapt to lead a changing profession 2020-12-11
The accounting profession has undergone major changes in recent years. New technologies are redefining client expectations and therefore how the profession works. Now, with the pandemic, the need to adapt has accelerated. The 2020 AICPA Leadership Academy gave 29 young CPAs from firms, businesses and academia across the nation the... Related StoriesTaxpayers are unaware of remote […]
AICPA Communications
To avoid tax surprises, update your W-4 2020-12-09
Paying taxes is probably low on the list of things that give Americans a warm-and-fuzzy feeling. But getting hit with a surprise tax bill when filing? That makes 34% of Americans feel concerned, 33% frustrated, 32% disappointed and 28% angry, according to a recent AICPA survey conducted by the Harris... Related StoriesTaxpayers are unaware of remote […]
James Schiavone