Tax Preparation WorkFlow Roundtable This video is the result of recent thread regarding workflow on Accountants, Bookkeepers and Business Owners , a collaborative Facebook group with over 6000 members. One of the members posted a question about workflow for her growing tax practice that generated a lot of interest and prompted us to set up the roundtable. Best…
Phishing attacks continue, your cloud security is in your password management… I hear it everyday, “I don’t want my data in the cloud, I worry about cloud security”. Yet the same people that tell me that, also email me from gmail, hotmail or even aol. They are logging into their bank account everyday. Guess what, you…
Accounting and Healthcare have more in common than you think! Jay Kimelman is the digital CPA. That title describes him in every sense of the word. He sees numbers in his head in nice neat columns, remembers them in photographic detail, and associates no emotion with those numbers on the page. I try telling him…
Starting a small business is not for sissy’s! This I have learned many times over in the last 10 years! Since before I married my husband, we have been building a business. We have used every extra bit of money we have to invest in the business we were developing at the time and it…
Law firms throughout the US have a fiduciary responsibility for funds entrusted to them by their clients. That is why most states impose law firm trust account or IOLTA rules on the firms. There are multiple billing arrangements used by law firms: Contingency Fee, Flat Fee, By the hour, etc. We will cover billing…
I keep seeing the question “How do I post a manual journal to a cash account in Xero?” The simple answer is YOU CAN’T! Xero is programmed to not allow transactions to be coded to a “Bank Account”. So the question is, how to post an adjustment to cash or your credit card accounts? Xero…
Those behind the recent rash of phishing scams are increasing the frequency and the attempts are much better than ever before. E-mail users beware, those hard to detect phishing scams are becoming even more difficult to pick out. Over the past week, I have received 75-100 different emails that were very cleverly done. They were…
WordPress, WooCommerce and Xero working together, seamlessly. You’re not surprised when I say that WordPress is the most popular and used CMS or content management system used on the internet today. WordPress with over 2 million websites built on its platform, continues to grow at a record pace. WooCommerce is a widely used and popular ecommerce platform…
Image Credit: http://media.graytvinc.com/ With the incidents of tax id theft on rise, the IRS is working on curbing this out of control issue. Ordinarily, you would have had to be a victim of tax id theft to apply for the IRS Pin. In an effort to be proactive, the Internal Revenue Service is testing a…
