As more states expand or clarify their marketplace facilitator laws, it could become more challenging for marketplaces facilitators and sellers to keep track of which taxes they’re responsible for. For example, although Kansas requires marketplace facilitators to collect and remit tax on third-party lodging, marketplaces are not responsible for the
The Practice Ignition rebrand, scale-up and push into North America marks the latest development in a fast-moving, fast-maturing practice automation and workflow tool market. How practice automation and streamlining will play out over the coming years is still unclear and vendors from different parts of the accounting ecosystem are seeking
We are extremely proud to have accounting technology thought leader Clayton Oates join AccountingWEB Live Summit as one of its Keynote speakers. Clayton will be one of two keynoters that we intend to have at our event in May, which will be the first time many practitioners have met at
If you’re just joining us, the three previous parts in this series summarized how ownership of conventional single-family dwellings differs from ownership of condominiums or co-op apartments and when the IRS will allow owners of co-op apartments to build up the adjusted basis for their apartment. This article, part four,
To provide the most value for their clients, accountants need easy access to useful data, a simple concept that can get lost. In this second of a two-part series, we’ll explore how data and innovation empower accountants to support growth and stability for their small business clients. Reliable Data &
When interviewing clients this tax season, despite the obvious emphasis on income tax, keep in mind the importance of estate planning as it can benefit both you and the client. For example, there may be advantages to lifetime transfers to take advantage of the current transfer tax exemption, but
The International Federation of Accountants teamed up with the Institute of Chartered Accountants in England and Wales on the latest installment of an educational series aimed at combating money laundering, and launched a new site dedicated to helping government entities adopt accrual accounting in partnership with other groups. “Installment Seven:
Practice Ignition, a client engagement and commerce platform for professional services, has become Ignition, to reflect growth from its core proposal and payment automation solution to a broader client engagement platform, helping accounting, bookkeeping and professional services businesses. The brand change follows 18 months of product investment to build a
Modern startups are more decentralized than ever and they’re moving at lightning speed. As companies grow, finance and accounting teams need to choose the right tools with which to scale the company. Shutterstock But now that some employees are splitting time between home and the office, while others are working
The CFA Institute has created a voluntary Diversity, Equity and Inclusion Code for the Investment Profession in the United States and Canada as financial firms wrestle with expanding a more diverse workforce. The DEI Code, launched Thursday by the group of Chartered Financial Analysts, aims to encourage greater commitment from