While Facebook, MySpace and Twitter build friendships and followers, LinkedIn focuses on business communications and relationships. Through "LinkedIn Answers," relationships are made with peers in a professional forum. While spending time providing answers to various questions might seem like a time-waster, it is anything but that. LinkedIn Answers builds your credibility and may even lead to more business for your company.

The term "paperless workflow" has been buzzword in the profession for some time; yet firms that have adopted a true paperless system are still the minority. The percentage implementing basic workflow enhancements, such as scanning and on-screen review (via dual monitors), is progressing steadily. However, adoption rates of advanced paperless technologies, such as client portals, tax document automation solutions, and document management systems, are still relatively low.

The best protection for data at your firm might be a door, a lock and a process for keeping unauthorized people away from the server room. Because with the potential stricter requirements regarding personal data looming across the country, physical security stills remains the No. 1 issue, not viruses and spyware.

The standard wisdom has been that professional accountants are crucial in influencing clients to investigate and buy many technology products. And while vendor programs that enlist accountants are not new, there is a renewed interest in the genre and a lot of updating to existing programs.