Accounting
Survey Shows Burnout in Accounting Profession
Of the accountants who experienced burnout, 53% were at or above the average score with 24% of them reporting medium-high or high levels of burnout...
Mary Girsch-Bock
Contributing Writer
mary.girschbock@cpapracticeadvisor.comMary grew up in Chicago, graduating from the University of Illinois-Chicago. She began her career as accountant and later made the switch to writing full time, concentrating on business and technology, with a focus on small business. A former QuickBooks beta tester, Mary’s work has appeared in The Motley Fool, The Blueprint, and Property Manager.com. She currently writes a monthly accounting and technology-related blog for PLANERGY, and ghostwrites several blogs for various software companies.
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Accounting
How to Appropriately Handle Conflicts of Interest
The AICPA is offering a revised code on conflicts that may arise, with expanded guidance for CPAs in public practice as well as those in private business.
Firm Management
Pros on the Move - July 2022
Pros on the Move is a round-up of recent promotions and hires in the accounting and tax space. Withum names 16 new partners. Armanino welcomes new Denver partner.
Accounting
AICPA News - July 2022
AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants.
Firm Management
Professionals on the Move - June 2022
Professionals on the Move is a round-up of recent new hire and staffing announcements in and around the accounting space.
Taxes
Are You Ready for New 1099-K Rules?
It used to be that receiving a Form 1099-K was relatively rare. The form, technically known as Form 1099-K Payment Card and Third-Party Network Transactions was used to report payments received from various third-party resources. Prior to 2022, the monetary threshold to receive a 1099-K was $20,000, with 200 sales-related transactions required. Both requirements had to be fulfilled in order to receive a 1099-K.
Firm Management
Report Shows Trends Affecting Firms
Practice management is the heart and sole of an accounting firm, handling everything from initial client contact to managing workflow, to properly tracking hours and billing clients. When asked, here’s what respondents said were their biggest practice management challenges in 2021.
Benefits
Report Shows Trends Affecting Firms
Practice management is the heart and sole of an accounting firm, handling everything from initial client contact to managing workflow, to properly tracking hours and billing clients. When asked, here’s what respondents said were their biggest practice ...
New Reporting Requirements for 1099-K
Whatever the outcome, both small business merchants, new gig workers, and accountants alike should be prepared for an influx of Form 1099-K in 2023.
Accounting
Pros on the Move - June 2022
Professionals on the Move is a round-up of recent staffing announcements and promotions in and around the tax and accounting space.
Accounting
How Data Analytics Can Streamline Your Firm
Though data analytics will be used more broadly in the future for everything from auditing to financial planning, mastering data analytics is still a work in progress. Before data analytics can be effectively used, partners and staff must develop the ...
Accounting
The Risk and Rewards of Big Data
Every time you swipe your credit card, use a loyalty card at your favorite store, or purchase an item online, your data is being collected. The amount of data collected daily is enormous and is provides nothing of value unless it is properly analyzed ...