May 31, 2018
However, the IRS took a different route and deemed crypto property. Even if held in a foreign wallet, why should property be subject to the strict FBAR rules. It’s property, just like a house, car, TV, or anything else. It would be a slippery slope ...
May 30, 2018
Last year at the DigitalCPA Conference I got a chance to tour Google's Headquarters in Silicon Valley. I was with a group of leading partners in major firms including my great friend, Joey Havens. We were treated to a discussion with Google's Chief ...
May 22, 2018
One of the hot areas of emerging technology is Artificial Intelligence or AI. You know a topic is hot when products use the terminology in their name or in their marketing materials. We’ve see this done with “ease of use”, Cloud Computing, and Blockchain.
May 22, 2018
Despite the merits that the digital economy affords women, especially as gender parity in the corporate workplace falls under scrutiny, 90 percent of India respondents and 41 percent of U.S. respondents identify transaction fees on payments as one ...
May 22, 2018
IRS Clarifies Tax Requirements for Tip Jars By Ken Berry, J.D., Tax Correspondent Do you ever leave spare change in tip jars or boxes on counters of business establishments? The tax rules for these payments are tricky. In a new Chief Counsel Advice (CCA), the IRS has clarified that cash amounts constituted tips that are...…
May 22, 2018
5 Blockchain Tips for Accounting Firms By Isaac M. O’Bannon, Managing Editor There has been a lot of talk about how blockchain technology will disrupt the role of accounting as we know it today. In truth, disruption has already been happening through automated accounting software and other applications that help accounting firms process data faster,...…
May 8, 2018
More than 60 leaders from innovative CPA firms, technology companies, consulting firms and influencer groups came together last week to map out strategy for the advancement of blockchain technology within the accounting profession.
May 3, 2018
This year’s AICPA ENGAGE will feature a new track: ‘Finance Redefined,’ which is designed to help accounting and finance professionals thrive in the global economy and an era of swift technological change.
May 3, 2018
Artificial intelligence, machine learning, and cognitive computing in audit and tax are the top trends that will impact the accounting and finance world over the next three years, according to research conducted by the Maryland Association of CPAs, the...
May 1, 2018
There has been a lot of talk about how blockchain technology will disrupt the role of accounting as we know it today. In truth, disruption has already been happening through automated accounting software and other applications that help accounting ...
April 24, 2018
Amazon's growth and expansion into numerous verticals has been unparalleled in the American economy. Just last month, The Wall Street Journal reported that Amazon was in talks with the big banks, including JPMorgan Chase & Co., to develop a checking ...
April 13, 2018
Top Social Media and Blog Posts: What do Millennials Really Want at Work? The Same as the Rest of Us. Harvard Business Review.http://bit.ly/1WfsdAy The 5 Best Times to Evaluate Technology. Wolters Kluwer blog.http://bit.ly/2u6V4Sh Introducing the Blockchain Concept to Your Firm. CPA Consultants Alliance blog.http://bit.ly/2Ggm0nk How Frustration Can Make Us More Creative. TED Talks video.http://bit.ly/1Zgutpp 5...…