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Blog Articles & Video Accounting

Here’s How CPAs are Using Modern Tools to Expand Their Services

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. CPAs have long been associated with taxes and billing. While historically rooted in

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Meet Right Networks at AWEB Live Summit 2022!

In addition to the fantastic networking opportunities and engaging content agenda you’ll find at the AccountingWEB Live Summit this May in San Diego, we also have exhibit halls filled with vendors who offer the latest technology that will solve your problems and help you work more efficiently. This week, we spoke with

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How Slippery-Slope Engagements Grow Exposure Risk

In CPA professional liability cases, too often we see a disconnect between what CPAs understand their roles to be and the client’s view. Consider the following. (The scenario presented is fictional, but it is based upon actual issues and recurring themes found in professional liability cases.) A CPA’s longtime friend

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AWEB Live Summit’s Will Baker on Tech and Change

As AccountingWEB gears up to host its first AWEB Live Summit this May in San Diego, AccountingWEB Senior Editor Carrie Stemke sat down with Will Baker, marketing and CPA experience director at Once Accounting Technologies, to discuss why he’s excited to be speaking at the Summit. Baker will be hosting

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Learn Accounting Skills From a Real CFA

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. When you run a business, it’s essential to keep your personal and professional

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Botkeeper Upgrades Bookkeeping Task Platform

Botkeeper has releaesd the Botkeeper Operating System (BOS), the latest iteration of its automated bookkeeping platform. BOS will roll out through 2022, leasing with what they propose to be a cleaner, simpler user experience. With it, accounting firms can: Experience more visibility into a centralized and consistent source of truth on

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Medical, Home Office Deductions for Co-op Owners

The previous five parts in this series discussed how ownership of conventional single-family dwellings differs from ownership of condos or co-op apartments. They also explained when the IRS allows owners of a co-op apartment to build up the adjusted basis for their apartment or requires them to decrease it, as

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Fed lifts rates a quarter point and signals more hikes to come

The Federal Reserve raised interest rates by a quarter percentage point and signaled hikes at all six remaining meetings this year, launching a campaign to tackle the fastest inflation in four decades even as risks to economic growth mount. Policy makers led by Chair Jerome Powell voted 8-1 to lift

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Meet TaxAct at the AWEB Live Summit 2022!

In addition to the fantastic networking opportunities and engaging content agenda you’ll find at the AccountingWEB Live Summit this May in San Diego, we also have exhibit halls filled with vendors who offer the latest technology that will solve your problems and help you work more efficiently. This week, we

Read More »

What to Do When Clients File for S Corp Election

Many of your clients that have filed for S Corporation election this tax season may now be wondering what will happen next.  Unfortunately, no crystal ball exists to predict when they will hear from the IRS or how long it will take for approval of their S Corp status. However,

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