Explore how AI is transforming the accounting industry, from auditing to predictive analytics, and the challenges and opportunities it presents.
Read more...
Discover how accounting firms are embracing remote work to transform operations and boost productivity. Learn about key strategies and real-life success stories in the accounting industry.
Read more...
Discover how quantum computing is poised to transform accounting, offering unparalleled speeds and efficiency in data processing, financial analysis, and real-time decision-making.
Read more...
Explore the recent IRS tax amendments and their implications for business compliance. This article highlights changes in deduction rules, the role of digital solutions, and the increasing importance of accounting firms in navigating these shifts.
Read more...
Explore the latest changes in sales tax compliance and economic nexus affecting businesses. Learn how recent rulings and technology are shaping tax strategies.
Read more...
Explore recent key shifts in accounting personnel across major firms like Deloitte, PWC, EY, and KPMG. Discover how these changes are influencing the industry's direction.
Read more...
Payroll isn’t just a back-office function; it’s a strategic engine that powers both financial performance and employee confidence. Every payroll run influences cash flow, compliance, and reporting accuracy, while shaping how employees perceive their value within the organization. This special report reframes payroll as a critical driver of financial discipline and a cornerstone of the employee experience, elevating it from…
A Contractor Payments feature is being made available for QuickBooks Online. This option enables customers to pay contractors with direct deposit.
Inuit says the feature, which can be added to subscriptions at the time of purchase, “will start rolling out soon” and will be available to most accountants by summer. Contractor Payments also means small businesses can pay contractors with same-day direct deposit and complete 1099 efiling at no additional cost Intuit says.
Also by the end of 2021, a stand-alone QBO Payroll option will be available for firm-billed clients to accounts to add payroll for clients who do not have a QBO subscription. Pricing for these clients will be available at the end of June
Intuit says the option will help with clients that only want to run payroll and those who no longer need a QBO subscription.
In addition, Intuit will soon introduce a dashboard in the Clients section of QBO Accountant. The dashboard will provide a view of all client payroll activities.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind