November 2018

Technology

A User’s Guide to Encryption Part Three: Encrypting Wi-Fi

Two major methods of accomplishing this are using Wireless Network Encryption or creating a Virtual Private Network (VPN) with another computer, perhaps using the internet to connect a device to a server at your office. We will discuss Wireless ...

Payroll

6 Tips for a Smoother Hiring Process

The resume you’ve dreamed of comes across your desk. This accountant has all the right credentials, the ideal work history and technical skills you like to see. The candidate checks all the boxes. Too good to be true? Do unicorns exist?

Firm Management

How Local SEO is Important to Accounting Firms

As the Internet and Google is ever-changing, so is the behavior of its users and their needs which are currently shifting from global to locally-oriented searches. Currently it’s estimated that 59% of Internet searches are now performed with local intent and approximately half of all mobile searches are conducted to find information about a local […]

Accounting

News and Updates From QuickBooks Connect 2018

On Nov. 5-7, San Jose, California, was energized with another terrific QuickBooks Connect event, where some 5,000 accounting and tax professionals, app developers, owners and staff of small businesses, freelancers and exhibitors came together to ...

Payroll

The 10 Types of PTO

According to the Bureau of Labor Statistics, more than 70% of employees have access to paid days off from work for sick or vacation time. Although these are common paid time off programs, sick and vacation days aren’t the only time off work you can offer.

How the 20% Qualified Business Income Deduction Affects Veterinary Practices

With passage of the Tax Cuts and Jobs Act (TCJA) in early 2018, veterinary practice owners are hopeful of reduced tax burden, enhanced by the prospect of a 20% deduction on “Qualified Business Income” (QBI) flowing through from Sub S Corporations, LLCs, Partnerships and Sole Proprietorships. And everyone is cautious, because there are complications to […]

Sales Tax

New Small Seller Exceptions for Sales and Use Taxes

To determine how much business a remote seller is doing in a state, economic nexus laws rely on the volume of sales, the number of transactions, or both. For example, the South Dakota law that led to the demise of the physical presence rule uses the ...

Advisory

5 Keys to Success in Value Pricing

Value pricing is a way of billing a client for services provided based on the value of the service (or advice) instead of the number of hours spent. Consider one of your clients calls for tax advice on how to structure a real estate transaction.

Firm Management

2018 Reviews of Time and Billing Systems

The challenge in finding the right time and billing application for your business or firm is that multiple applications offer a variety of features and functionality. Here are just a few things you may want to look for when assessing time and billing ...

Firm Management

Time & Billing Apps

For business owners and accounting firms that are looking for a simpler way to track time and expenses without investing a lot of money, there are a variety of apps available that may fit the bill. As an added bonus, along with tracking time, many of ...

Firm Management

Time & Billing Apps

For business owners and accounting firms that are looking for a simpler way to track time and expenses without investing a lot of money, there are a variety of apps available that may fit the bill. As an added bonus, along with tracking time, many of ...

Firm Management

Apps We Love Nov. 2018 – Auto and Vehicle

Many of us spend many hours on the highway, so this month we thought we would explore apps that can improve the driving experience. We scoured the internet and also queried our CPA Practice Advisor community, and here’s what we found.

Artificial Intelligence

Adjusting Your Technology Expectations

Has your firm utilized technology to its fullest capacity to provide the highest quality service to your clients? Is your firm able to successfully attract, retain, and engage top talent due to your strength with technology? If so, you can stop ...

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Firm Management

How to Market Your Firm to Veterinary Clients

The trick to marketing to veterinarians is to develop and share quality content along with information about your proven services. Sounds simple, but it can quickly go to the dogs if mismanaged. Here is a multi-pronged approach to aid in branding, to ...

Accounting

Why and How: Quantum Computing

You are likely to have seen all the information you need on the new iPhone, Google Pixel 3, Surface Pro 6, and Office 2019 as well as the outcomes of the CCH, Thomson and Intuit conferences, although if the reviews are not factual enough for me ...

Sales Tax

Are Your Clients Personally Liable for Sales Tax Debt?

Business owners, officers, directors, shareholders, and employees identified as “responsible parties” can be personally liable for sales tax obligations. What is a responsible party and why is the ask so invasive?

Advisory

Saving Time and Building Value By Leveraging the Cloud

For many accountants, value pricing sounds like a great way to boost a firm’s bottom line. However, many firms have not been able to experience the benefit; in fact, many have found that despite its promise, value pricing had a limited application ...

Payroll

ICE and Your Small Business Clients – Be Prepared

The roar of churning helicopter blades, the flashing of lights on the vehicles of armed local and federal law enforcement agents, blocked roads surrounding the plant, and panicked employees running in all directions, this was the scene recently at the ...

Accounting

CPE Day: December 6, 2018 – Ensuring Success!

You and your colleagues have an opportunity to expand your minds and collect up to 10 hours of continuing professional education on Thursday, December 6, as CPA Practice Advisor once again presents its annual free live-streaming conference, Ensuring ...

Payroll

What Businesses Need to Know About the FMLA Tax Credit

While large employers must provide protected leave, FMLA does not require that FMLA leave be paid, although most employers coordinate FMLA leave with their paid-time off policies. The recent tax reform provisions have created a potential silver lining.

The Bare Bones on The Assessment of IRS Interest for Individual Taxpayers

The IRS generally charges interest on amounts that are unpaid, and this interest is compounded and will continue to accrue on any unpaid portion until fully paid. This is also true of the unpaid portion of IRS penalties. Since the underpayment of interest is statutory,[1] there is no requirement for the IRS to go through […]

In this issue

A User’s Guide to Encryption Part Three: Encrypting Wi-Fi

6 Tips for a Smoother Hiring Process

How Local SEO is Important to Accounting Firms

News and Updates From QuickBooks Connect 2018

The 10 Types of PTO

How the 20% Qualified Business Income Deduction Affects Veterinary Practices

New Small Seller Exceptions for Sales and Use Taxes

5 Keys to Success in Value Pricing

2018 Reviews of Time and Billing Systems

Time & Billing Apps

Time & Billing Apps

Apps We Love Nov. 2018 – Auto and Vehicle

Adjusting Your Technology Expectations

How to Market Your Firm to Veterinary Clients

Why and How: Quantum Computing

Are Your Clients Personally Liable for Sales Tax Debt?

Saving Time and Building Value By Leveraging the Cloud

ICE and Your Small Business Clients – Be Prepared

CPE Day: December 6, 2018 – Ensuring Success!

What Businesses Need to Know About the FMLA Tax Credit

The Bare Bones on The Assessment of IRS Interest for Individual Taxpayers