Close

Blog Articles & Video Taxes

AccountingWEB Live Summit to Offer CPE Credit

AccountingWEB will offer CPE-accredited sessions at its upcoming AccountingWEB Live Summit in San Diego, California, in May, giving attendees the relevant tools and knowledge to advance their careers. All sessions and panels will be worth one credit, with the exception of keynote speeches and fireside chats. In all, 34 sessions

Read More »

Is Your Firm a Smartphone or Flip Phone?

Many firms today resemble the accounting profession equivalent of flip phones; basic, reliable, but not so advanced when it comes to technology and services offered. But, it doesn’t have to be this way. Before smartphones came along, flip phones were very popular, providing the basic functionality we expected. But when

Read More »

Is a Life Settlement Right for Your Client?

For some clients, retirement isn’t a bed of roses. Living on a fixed income when inflation drives prices up can put some older clients in a tough spot. Your client might tell you about ads they have seen on TV for structured settlements, specifically life settlements, and wonder whether they

Read More »

A Marketplace Tax Law for Lodging but Not Hotels?

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

Read More »

Is a Practice Automation Boom Coming?

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

Read More »

AccountingWEB Live Summit Welcomes Clayton Oates

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

Read More »

How Sellers of Co-ops Should Calculate Gain

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,

Read More »

How Data, Innovation Will Power CPAs’ Resiliency

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 &

Read More »

Estate Planning as Part of the Form 1040 Interview

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

Read More »

Practice Ignition Rebrands to ‘Ignition’

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

Read More »