QuickBooks Online, The Camille Epiphany Part 1: Bank feeds in QuickBooks Online are superior to QuickBooks Desktop

Apr 24 10:09am StacyK
“Let them win the QuickBooks Desktop open windows argument, mostly cause it doesn’t matter. Even they know that.”                                                                           […] The post QuickBooks Online, The Camille Epiphany Part 1: Bank feeds in QuickBooks Online are superior to QuickBooks Desktop appeared first on StacyK.
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Tax Season is Over: How to Stay Relevant for Your Clients

Apr 24 9:00am Tax Pro Center | Intuit ProConnect
It’s only been a few days since you have been enjoying the calm after the tax season storm, and perhaps you even took a few mental unplug days to make up for those sleepless nights. I definitely did; anyone say... Full Story...
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6 Questions to Ask your Bookkeeper

Apr 21 9:30am AccountingDepartment.com
Management has long kept the finance department separate from company operations. Accountants look at numbers after the fact, and CFOs make recommendations for how companies can best exploit their current situations. However, there are some very good reasons to start having more conversations with your bookkeeper and the whole finance team.
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You Dont Know What You Dont Know: ProConnect Tax Online Training

Apr 21 9:00am Tax Pro Center | Intuit ProConnect
Are you utilizing the full power of Intuit® ProConnect™ Tax Online? How do you know? We are continuing to invest in our ProConnect Tax Online customers in a variety of ways. In addition to continuing to make ProConnect Tax Online... Full Story...
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You Dont Know What You Dont Know: Lacerte Training

Apr 21 9:00am Tax Pro Center | Intuit ProConnect
Are you utilizing the full power of Intuit® ProConnect™ Lacerte®? How do you know? We are continuing to invest in our Lacerte customers in a variety of ways. In addition to continuing to make Lacerte a powerful tax preparation product,... Full Story...
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You Dont Know What You Dont Know: ProSeries Training

Apr 21 9:00am Tax Pro Center | Intuit ProConnect
Are you utilizing the full power of Intuit® ProConnect™ ProSeries®? How do you know? We are continuing to invest in our ProSeries customers in a variety of ways. In addition to continuing to make ProSeries a powerful tax preparation product,... Full Story...
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Is Starting a CPA Firm Right for You?

Apr 20 8:00pm CPA Exam Hub
For many people, their ultimate career goal is to be self-employed. The way they see it, if you have to work to earn a living, why work for someone else when you can build something of your very own? For CPAs, becoming self-employed means starting their own practice. As with any other type of business venture, starting a CPA firm... The post Is Starting a CPA Firm Right for You? appeared first on CPA Exam Hub.
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Pre-tax season update

Apr 20 2:34pm Accounting Today: Feed
With tax season just around the corner, this webinar will cover the latest regulatory and legislative...
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Group aims to standardize accounting rules for gold worldwide

Apr 20 1:34pm Accounting Today: Feed
The World Gold Council, a gold industry trade group, is looking to set up a common accounting framework for monetary gold, in keeping with current financial reporting frameworks for other forms of currency.
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Accounting & Payroll Issues for Restaurant Tips and Service ChargesPart 2

Apr 20 1:00pm Accountex Report
In part one of this two-part series, we discussed the difference between tips and service charges, tip reporting requirements, and accounting for cash tips, credit card tips and service charges. In this article, I’ll examine the payroll considerations for tips and service charges and how to record payroll from an outside payroll service provider — […] The post Accounting & Payroll Issues for Restaurant Tips and Service Charges—Part 2 appeared first on Accountex Report.
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AICPA proposes standard for auditing employee benefit plans

Apr 20 12:34pm Accounting Today: Feed
The American Institute of CPAs has proposed a new standard for auditing the financial statements of employee benefit plans, after the Department of Labor released a report criticizing the quality of ERISA plan audits.
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FAU launches forensic accounting center

Apr 20 11:34am Accounting Today: Feed
Florida Atlantic University's new program is the only one of its kind in the state.
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Church adopts homeschool group. Whats next?

Apr 20 9:13am HomeschoolCPA.com
It's marvelous when a church adopts a homeschool group, but there are details to work out. Related posts: Church is worried about legal status of homeschool group Church requires homeschool group to have insurance Can a homeschool group just get together without having to report to the IRS?...
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How to Amend a Paper Return Using ProSeries

Apr 20 9:00am Tax Pro Center | Intuit ProConnect
Several years ago, the National Society of Accountants came out with its top 10 list of the reasons why people should hire a professional tax preparer instead of preparing their own returns. The number one reason? A tax professional can... Full Story...
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How to Amend an Individual 1040X Return in ProConnect Tax Online

Apr 20 9:00am Tax Pro Center | Intuit ProConnect
Have you ever completed and filed a return for a client, only to have the client come back with more information, or filed a return and then noticed a minuscule mistake that slipped by? When you contact support only to... Full Story...
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Preparing Form 1040X in Lacerte From a Filed Return Client File and From Scratch

Apr 20 9:00am Tax Pro Center | Intuit ProConnect
Creating an amended 1040 Individual tax return in Intuit® ProConnect™ Lacerte® is an extremely easy process. I will cover three scenarios: Amending a return from the originally reported return client file in Lacerte. Amending an individual’s return where you were... Full Story...
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The benefits of becoming an apprentice

Apr 20 7:54am
By deciding to do an apprenticeship the transition from school into the working world was made a lot easier. I still wanted to learn and get qualifications but I found this difficult to do in a classroom as the learning was not hands-on. By doing an apprenticeship I gained intimate knowledge of the work environment […]...
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Facing your fears and getting out of your careers comfort zone

Apr 20 6:58am Sage Blog
Your life rarely improves by chance. It improves by change. Take a look at these tips for changing your career to a job you love. The post Facing your fears and getting out of your career’s comfort zone appeared first on Sage Blog.
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Creating and Leading the Right Team

Apr 20 3:00am Training Center/Scaling New Heights
Carol Oliver, Woodard Events' Manager of Accountant Education and Training, breaks down how ProAdvisors can learn to create and lead the right teams during this year's 'Scaling New Heights.'...
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Technology Talks Podcast: Cloud Computing

Apr 20 3:00am Blum Shapiro Knowledege Center
In this episode of Technology Talks, Hector Luciano speaks with Michael Pelletier, Chief Innovation Officer and Partner at BlumShapiro Consulting about cloud computing, the role it can play for your organization and how it connects to Digital Transformation and the 4th Industrial Revolution.
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6 major changes to IRS collection policies

Apr 19 8:34pm Accounting Today: Feed
H&R Block's Jim Buttonow shares the shake-ups in how the service collects what's owed.
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Cyber Threats The Human Factor Putting Your Company at Risk

Apr 19 8:05pm Training Center/Scaling New Heights
In yet another look at the content he is teaching at this year's 'Scaling New Heights,' Murph looks at how the human factor greatly contributes to every employer's cyber risk.
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IRSs IRPAC seeks nominations

Apr 19 7:33pm Accounting Today: Feed
The Information Reporting Program Advisory Committee has openings for seven new members.
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What to tell clients who havent filed yet

Apr 19 6:34pm Accounting Today: Feed
The IRS has advice for your clients who missed the April 18 deadline.
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Are Financial Certifications Worth It?

Apr 19 4:53pm CPA Exam Hub
Finance.  There may be no other professional field with more certifications.  You look at some letterhead and it has a list of names with a veritable alphabet behind them.  It’s like an arms race of acronyms!  Are they really needed to help with your career? The answer is yes. You can debate which financial certifications will benefit you most but... The post Are Financial Certifications Worth It? appeared first on CPA Exam Hub.
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Ballmer creates a 10-K for America

Apr 19 3:33pm Accounting Today: Feed
The former Microsoft CEO has launched a new organization to share data about the U.S.
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Lawyers for Michael Jackson estate say IRS expert lied on stand

Apr 19 2:34pm Accounting Today: Feed
They claim he perjured himself over previous work for the service, and his testimony should be stricken.
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Tax Prodigy releases ASC 740 compliance solution

Apr 19 1:34pm Accounting Today: Feed
The income tax software is web-based and designed for medium sized businesses.
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Current Roundup: Document Management for Accounting Pros

Apr 19 1:00pm Accountex Report
Having had to keep records for nearly 20 years now, I remember a time when it was all paper. I also remember when you’d print out email or online receipts, because either they weren’t acceptable to tax authorities or you didn’t think it would be. Of course, times have changed, and business documents are coming […] The post Current Roundup: Document Management for Accounting Pros appeared first on Accountex Report.
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Telecom, Travel and Technology: The Three T's of Expense Management

Apr 19 10:59am AccountingDepartment.com
Managing a profitable company is all about controlling costs enough that revenues outpace expenses and margins are strong enough to weather slower sales. For many businesses, this cost-control starts with basic, universal costs, such as employee wages and space rental. But you need to dig deeper. In addition to the standard overhead expenses that every firm experiences, there is a range of other expenses that are more dynamic and variant than bills like utilities. These expenses are known as the “Three T’s” and they include telecom, travel and technology costs.
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5 ways to make more money with existing clients

Apr 19 10:34am Accounting Today: Feed
Technology can and should be leveraged to optimize a firm's best asset: Customer relationships.
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10 Ways to Recognize Employees at the End of Busy Season

Apr 19 9:00am Tax Pro Center | Intuit ProConnect
A successful firm works hard – really hard – to attract and retain good employees, and one of the primary ways to do this is through recognition. Although the focus of this article is on the end of busy season,... Full Story...
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Having the confidence to start your own businessand the resilience to stick with it

Apr 19 5:28am Sage Blog
There are many routes to self-employment or to start your own business. And my own route will be familiar to many, even though the catalyst is unique. The post Having the confidence to start your own business…and the resilience to stick with it appeared first on Sage Blog.
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Non-Voting Shares are in Vogue: Do (Lousy) Accounting Rules Play a Part?

Apr 19 1:21am Accounting Onion
I’m starting a company and I want you to invest.  I will put up $100 of my money for $10 million of yours.  I will own 100 shares of voting stock, and you will own 10 million shares of non-voting stock.  My voting stock entitles me to make all the decisions. You’ll pass on my offer?  I thought so. But according to a recent WSJ article the kind of arrangement I have proposed is not unprecedented.  It’s also, more or less, the deal that Snapchat offered through its IPO.*  Other tech companies have recently done almost the same thing, or are making similar plans for when they go public. Personally, I stay away from these sorts of investments.  They offend me.  But, I am certainly not writing this post to discuss their merits or the rationality of those who invest in them. I choose to write about the accounting issues only.  The recent attention by the press lends an immediacy to a feature of the system of Shareholder-Oriented Financial Accounting (S-OFA) that I am developing. Keeping Up Balance Sheet Appearances As I described in a post way back in 2007, the balance sheet classification scheme for the claims on assets can be a much bigger deal than [Read More...]...
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FAF issues last call for PCC nominees

Apr 18 6:34pm Accounting Today: Feed
Nominations for the Private Company Council are due by April 24.
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Universities seek to defend endowments from Republican tax plans

Apr 18 4:34pm Accounting Today: Feed
Proposals to tax endowment income has many schools, and their lobbyists, concerned.
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Identifying the Right Clients

Apr 18 4:00pm Training Center/Scaling New Heights
Carol Oliver, Woodard Events' Manager of Accountant Education and Training, takes us     on another step in your 'Path to Refining Your Practice' at Scaling New Height 2017.
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Can my homeschool group collect money now thats for next year?

Apr 18 2:40pm HomeschoolCPA.com
How should early deposits be recorded in a homeschool group's bookkeeping? Related posts: How much money can a homeschool group keep year to year? What Homeschool Leaders Don’t Know About Fundraisers Best of: Checking accounts for homeschool organizations...
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U.S. VC firm buys $26.4M stake in Xero

Apr 18 2:34pm Accounting Today: Feed
Technology Crossover Ventures has backed the likes of Facebook, Airbnb and Netflix.
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Did your tax season measure up?

Apr 18 12:34pm Accounting Today: Feed
Top firms carefully analyze their profitability. productivity, client satisfaction and more.
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Todays a great day to fire 'D' clients

Apr 18 11:34am Accounting Today: Feed
Art Kuesel on the importance of taking stock following tax season.
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Moving to the Cloud: One Firms Journey From the Aha Moment to Finding Success and Comfort

Apr 18 9:00am Tax Pro Center | Intuit ProConnect
Like many of you in the accounting profession, I attend several accounting and technology conferences each year to listen to industry leaders and network with my peers. I read countless articles and survey result reports about the future of accounting... Full Story...
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The Insiders Guide to Franchise Financial Management

Apr 18 7:21am Cloud Accounting Blog
ew care to admit it, but the truth is undeniable: Running financial operations as a multi-store franchisee will never be easy! Your company is turning to you for financial leadership but as you add more locations and your organization grows, so do your challenges. Don't let your accounting software hold back your franchise's potential!...
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Botnet 101

Apr 18 5:00am CPA Trendlines technology
Some are helpful ... and some are used for spyware and fraud. By Rick Richardson Technology This Week The post Botnet 101 appeared first on CPA Trendlines.
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The Rhode Island Economy: A Snapshot of Doing Business in Rhode Island

Apr 18 3:00am Blum Shapiro Knowledege Center
The state has lowered various tax rates and offered tax incentives to new businesses. Two rankings that provide insight into Rhode Island’s business and tax climate are the Economic Index and the often cited Tax Institute rankings.
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Murph's QuickBooksTraining Materials Series Rolls On

Apr 17 8:05pm Training Center/Scaling New Heights
Murph's series on QuickBooks training materials ProAdvisors can use for their clients continues with Part III. Here's what you need to know.
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IRS empties Tori Spelling's bank account

Apr 17 5:34pm Accounting Today: Feed
The 90210 actress and her husband are neck deep in financial trouble.
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IPSASB calls for comment on heritage reporting

Apr 17 2:34pm Accounting Today: Feed
The international board is seeking input on accounting for some of the world's most precious assets.
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Reporting, forecasting are top concerns for finance execs

Apr 17 1:34pm Accounting Today: Feed
However, companies are not prioritizing a tech budget to address these issues.
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Accounting & Payroll Issues for Restaurant Tips and Service Charges

Apr 17 1:00pm Accountex Report
In part one of this two-part series on restaurant accounting and payroll, I’ll discuss the difference between tips and service charges, tip reporting requirements, and accounting for cash tips, credit card tips and service charges. In part two of this series, I’ll examine the payroll considerations for tips and service charges and how to record […] The post Accounting & Payroll Issues for Restaurant Tips and Service Charges appeared first on Accountex Report.
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First-Time Contractor's Guide to Real-Time Labor Evaluations

Apr 17 1:00pm AccountingDepartment.com
Your DCAA audit includes a real-time labor evaluation to determine the accuracy of labor charges in regard to contracts, indirect accounts and other costs. Learn what is involved in these evaluations to ensure your accounting procedures will pass the test.
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7 tips for keeping client data secure

Apr 17 12:34pm Accounting Today: Feed
Businesses are particularly vulnerable to fraud because their information is often part of public record.
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Who gets automatic tax filing extensions?

Apr 17 11:34am Accounting Today: Feed
Victims of natural disasters, military personnel and others may not have to file by April 18,...
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Grow Your Non-Profit's Donor and Member Base with Marketing Automation

Apr 17 11:34am Blum Shapiro Knowledege Center
Non-profits today are facing the constant challenge of tracking and managing member information, and communicating in a relevant and targeted way. Join David Hale, from BlumShapiro Consulting, along with Chris Daley of ClickDimensions for a brief webinar to learn how to Grow Your Non-Profit's Donor and Member Base with Marketing Automation.
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On-Demand Webinar: Healthcare Financial Management Product Tour

Apr 17 9:41am Cloud Accounting Blog
Through our on-demand webinar, see how Intacct can help you Gain real-time visibility into financial and operational performance across locations Control costs by standardizing approval workflows, centralizing purchasing, and automating inter-entity transactions Analyze revenues, expenses, and profitability by location, service, vendor, or any other business driver—and drive smarter and timely growth...
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Clients tired of U.S. taxes? These countries may offer some relief

Apr 17 9:34am Accounting Today: Feed
Central and South America and the Caribbean offer the best opportunities for Americans looking for lower tax burdens.
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