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For 2020, Intuit has updated QuickBooks Desktop, Enterprise and Payroll with more automated options, with the goal of moving money around faster and making functions like reporting more efficient. While cloud-based software is certainly increasing in popularity, QuickBooks’ desktop products remain popular, and the yearly updates continue to respond to customer demands. Moving money faster […]
This is my 300th weekly Art of Accounting column. Wow! I feel proud of this. I also congratulate each reader and consider you to be in my choir while I am a preacher of sorts. However, this column would be best read by people who do not read Accounting Today and similar publications. Periodically I […]
Financial management and accounting software developer Sage Intacct has launched its platform in Australia. The company, formerly known as Intacct, was bought by Sage in 2017. This expansion is part of Sage’s plan to establish a firm hold on the midsize market. Following the acquisition of Intacct by Sage in 2017, Sage announced it would […]
The audit and accounting profession is less homogeneous than it was 30 years ago. Enormous change, technological innovation and shifts in the capital markets are pushing auditors to new heights, demanding more diversified skill sets, according to the American Accounting Association. While getting a CPA certification is still a mainstay of being an auditor, audit […]
Steel steal; unwise moves; fare trial; and other highlights of recent tax cases. Covington, Louisiana: Denis Joachim, 53, and Donna Joachim, 52, have pleaded guilty for their roles in a scheme to create, market and operate a medical reimbursement program that defrauded the IRS and participants out of more than $48 million. Denis Joachim pleaded […]
Ericksen Krentel promotes three; Boyer Ritter elevates two to director; and more personnel news.
MACPA joins other state societies in hosting a virtual conference, CPA Convene; the New York State Society of CPAs awards Excellence in Accounting scholarships; and more CPA news.
Will spreadsheets help in implementing the new leases standard? The general consensus seems to be no, but I still hear of organizations exploring the spreadsheet route — especially those with smaller lease portfolios who feel there isn’t a viable software option. I’ve been to numerous industry conferences and regularly speak to CPA firms of all […]
The Treasury Department has signed new protocols to the U.S.’s tax treaties with Japan and Spain, marking the first updates to U.S. tax treaties in nearly a decade. The Treasury said Friday the protocols with Japan and Spain would provide certainty to Americans conducting business abroad and promote free, fair, and reciprocal trade. The protocols […]
From preparer regulation and Section 199A to the ramifications of the Wayfair decision and the various new versions of the Form 1040, Natonal Conference of CPA Practitioners president Neil Fishman discusses the main issues that the group raised with legislators and regulators in its annual visit to Washington, as well as the topics of concern […]
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