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IRS to Ramp Up Audits

The IRS is ramping up audits and enforcement of wealthy taxpayers, sparking alerts from financial advisors and tax professionals. With billions in...

Have You Seen the Tax Tab in QuickBooks Online?

A few months back we told you about Intuit expanding QuickBooks Live to offer 'Tax.' QuickBooks Live was designed to help small business owners...

Revised AICPA Standards Impacting Your Tax Practice

Changes to the AICPA Statements on Standards for Tax Services (SSTS) are potentially impacting CPAs. While these changes do not govern EAs and other...

QBO Advanced Revenue Recognition Enhancements

Generally Accepted Accounting Principles (GAAP) requires revenue recognition according to the ASC 606 standard which specifies how and when revenue...

The Funny 'Item' Checkbox to Make QuickBooks Items Two-Sided

Every once in awhile I still get called and asked about how to use items for purchasing purposes, not just sales. QuickBooks Desktop users who don't...

Becoming an Accounting Firm of the Future: The Benefits of Embracing New Technology

Advances in technology are rolling out rapidly throughout the global accounting industry, and firms must quickly learn to embrace cutting-edge tools...

Intuit to launch new QuickBooks Live 'Tax'

Intuit's new QuickBooks Live 'Tax' service will help small businesses prepare and file taxes from within QuickBooks using TurboTax Live experts. This...

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