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More and more accountants are recommending their homeowner clients consider solar panels. Here’s why. When solar panels are installed on rooftops, the sun beats down on them, producing electricity that can potentially help homeowners save money on monthly electric bills and reduce their carbon footprint. This solar-generated power is used in the home first, and […]
All professions have been exposed to weaknesses and opportunities during the pandemic. Accounting was not alone, as medicine, law, banking and even the clergy were forced to change and innovate. One only has to look at the advancement of telemedicine, live-streaming church services, virtual court appearances, and a significant portion of the workforce that has […]
The California Society of CPAs announced that Richard Simitian will serve as interim CEO starting March 1. The society’s Transition Committee recommended Simitian, a retired audit partner at Grant Thornton and past chair of the CalCPA, to fill in for departing CEO Anthony Pugliese (see our story) after interviewing a number of internal and external […]
Intuit has acquired OneSaas, a provider of e-commerce data integration software, and plans to accelerate the integration of third party e-comm solutions with its QuickBooks platform. QuickBooks Commerce is a new product that allows small businesses to manage channel sales. E-commerce capabilities have come to the forefront over the past year as the COVID-19 pandemic […]
Donald Trump, who managed to keep his tax returns a secret the entire time he was in the White House, is about to see them fall into the hands of a New York prosecutor looking into possible criminal charges against him. Manhattan District Attorney Cyrus Vance Jr. subpoenaed Trump’s accounting firm for eight years of […]
Though you might be as tired of hearing the buzzword “automation” as you are of “pandemic,” another percolating phrase that has bubbled up this past year is the “highly automated firm.” But what does it mean to be one, and more importantly, how does it add value to your clients? Pre-2020, the massive push toward […]
The next phase of President Joe Biden’s legislative agenda is fast taking shape, with an economic-recovery package that will potentially far surpass his $1.9 trillion virus-relief plan in size, complexity and overall ambition. The White House and congressional Democrats are busy plotting strategy for the proposal, which could be unveiled next month, kicking off a […]
The Biden administration will give exclusive access to the Paycheck Protection Program to the nation’s smallest businesses for two weeks as part of a broader effort to steer federal aid to the most vulnerable parts of the economy. From Feb. 24 through March 9, only businesses with fewer than 20 employees will be able to […]
ADP has expanded its Next Gen Payroll platform to Canada and Mexico. The software is already live with its first client in Mexico, ADP reports. The cloud-based Next Gen Payroll offers company policy management, global compliance capabilities and continuous calculation.
TurboTax now includes a software integration with Credit Karma Money, Credit Karma’s U.S. checking account solution. Taxpayers who file through TurboTax can now opt to open a Credit Karma Money Spend account and have their tax refund sent there directly. Intuit, which makes TurboTax, acquired Credit Karma in December. This is the first software integration […]
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