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
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
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
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
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,
Remote auditing, previously a rarity, quickly became the norm during the COVID-19 pandemic. It seems that shift is here to stay — creating both challenges and opportunities for CPAs engaged in audit work. Over the past two years of the COVID-19 pandemic, the auditing profession has undergone a major transformation. Auditors
One of the lessons learned from the Great Recession of 2008 was that the big banks should always be prepared for an emergency. How would they react under similar dire circumstances in the future? This is a good strategy for your clients, too, to get them thinking about financial planning
There’s no place like your tax home. In a Tax Court new case, Harwood, TC Memo 2028-8, 2/15/22, a taxpayer was able to deduct most of his travel expenses while he was away from home on temporary assignments. If you’re away on a temporary asignment, you are considered to be
Attending an accounting conference provides many opportunities, such as earning CPE, networking with big names in the industry and reuniting with friends and colleagues after a years-long pandemic. Most trade shows offer similar opportunities, but some have a defining quality that makes them unique. For AccountingWEB’s inaugural Live Summit, that
If you have high-net-worth clients, you should understand the ins and outs of charitable giving. Of course, many U.S. families and individuals give to charity and are likely already aware of the general tax rules, such as needing a receipt to prove the donation and itemizing deductions. Most, however, are