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New Liberty Directors Elected

New Liberty Directors Elected

Five new members of the board of directors have been elected this month by Liberty Tax. The new faces signal the takeover of the tax services company by Vintage Tributum, an affiliate...

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New Products

Bloomberg Debuts Rev Rec App

Bloomberg Debuts Rev Rec App

Bloomberg Tax has introduced an ASC 606 application which supports the revenue recognition standard. The product is available on the company’s cloud-based Advantage platform.

People and Moves

CEO of Paya (Sage Payments) Passes Away

CEO of Paya (Sage Payments) Passes Away

Joe Kaplan, CEO of Paya (formerly Sage Payments) died while on vacation with his family in Bermuda on Friday, July 27, the company has announced. Kaplan was hired as CEO in October...

Running a Firm

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Top Reasons Accounting Firms Are Fired

You walk into a store A, looking for something to repair your kitchen sink. The sales associates are busy talking to each other, and you can’t get their attention. You...

Envisioning the Future of Accounting

Accountants by nature are budget-minded individuals but they are not always the most forward-looking. Attendees at the New Jersey Society of Certified Public Accountants 2018 Annual Convention & Expo stepped...

Jump-starting Project Accounting

When people hear the term “project accounting” they might think it is this about moving away from practice management software.  Project accounting’s intent is to incorporate project accounting tools within practice...

Report: The Cloud Grows Up

Report: The Cloud Grows Up

Report: The Cloud Grows Up The cloud provides more than just a system that is maintained elsewhere and more than just Internet-based ERP. It offers the ability to access more...

10 Productivity Tips for Leaders

I have come to realize that productivity is a skill that you can learn over time. As the leader of my company, I find that my time is my most...

Reviews

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Report 2018: Getting a Handle on the Cloud

Report 2018: Getting a Handle on the Clo…

2018 Report: Getting a Handle on the Cloud Buyers and sellers are talking less and less about cloud software. The discussions increasingly center around how the software, which happens to be...

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Report: Payroll Gets Easier

Report: Payroll Gets Easier

Report: Payroll Gets Easier: Running payroll, whether for a company to pay its own employees or to pay clients’ employees, has rarely been easy. But it is necessary, which is...

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Report: Using the Cloud to Protect Your Data

Report: Using the Cloud to Protect Your …

Report: Using the Cloud to Protect Your Data The handwriting is in the cloud. And given some real barriers to adoption of cloud-based software, the move remains a question of when...

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2017 BSI Top 100 VARS

2017 BSI Top 100 VARS

The last year has been one of change—the cloud has moved from being something everyone talked about to something most resellers are doing something about. It is also a market...

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2016 BSI VAR Stars

2016 BSI VAR Stars

Report: 2016 BSI VAR Stars Moving to the cloud represents a challenge for mid-market accounting software resellers. Some make it more challenging by making the switch from marketing desktop applications...

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Tax

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New Liberty Directors Elected

New Liberty Directors Elected

Five new members of the board of directors have been elected this month by Liberty Tax. The new faces signal the takeover of the tax services company by Vintage Tributum, an affiliate...

Preparer Pleads to Seeking $3.5M Refunds

Preparer Pleads to Seeking $3.5M Refunds

A former Durant, Miss., resident has pleaded guilty to filing more than 550 tax returns which sought more than $3.5 million in undeserved refunds. Teresa C. Chism also failed to file...

 Regs Proposes on Passthrough Deductions

Regs Proposes on Passthrough Deductions

Proposed regulations have been issued for a provision which allows many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The...

Avalara to Launch Firm Filing Tool

Avalara to Launch Firm Filing Tool

Avalara is testing a software application that will enable accounting firms to prepare and file sales and use tax returns for clients. The test was announced this week by CEO...

Preparer Took Plea in 2009, Faces New Charges

Preparer Took Plea in 2009, Faces New Ch…

A Yorktown, N.Y.-based tax preparer who agreed to dissolve his business in 2009 had been indicted on charges he failed to report the income from the sale of that operation...

Tech

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Study: Hackers Target, SAP, Oracle Systems

Study: Hackers Target, SAP, Oracle Syste…

Unpatched business systems from Oracle and SAP are being targeted by hackers, according to two security firms. In a recently released study, the firms, Digital Shadows and Onapsis, said at...

Accountants in Alleged Embezzlement Cover Up

Accountants in Alleged Embezzlement Cove…

The managing partner and a principal at the accounting firm Armao LLP have been arrested on allegations of covering up a union officer’s alleged embezzlement of union funds. Managing partner...

Avalara Strong in IPO

Avalara Strong in IPO

Sales-and-use tax vendor Avalara had a strong showing in its initial public offering last week.­­­­­ The company went public at $24 per share, stronger than initial estimates, and closed trading...

An American Look for Data Privacy?

An American Look for Data Privacy?

The phrase “General Data Privacy Regulations: and the abbreviation "GDPR" are spreading rapidly on American business websites. And while the major new European Union regulations do not apply to residents of...

AICPA Issues Final Set of Rev Rec Topics

AICPA Issues Final Set of Rev Rec Topics

The Financial Reporting Executive Committee of the American Institute of CPAs has issued working drafts of several accounting issues. The drafts are issues related to the implementation of Accounting Standards Update...

News

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Block Chief Received $11.9 M in FY18

Block Chief Received $11.9 M in FY18

Jeff Jones, who became CEO in October, was paid $11.9 million by H&R Block for the year ended April 30.  His compensation included a $950,000 cash sign-on bonus, stock awards valued...

Smaller Thomson Revs Up 2 Percent

Smaller Thomson Revs Up 2 Percent

Thomson Reuters reported a 2 percent-rise in revenue for the second quarter ended June 2 percent. However, the figures issued this week reflect continuing operations, which means the soon-to-be-sold Financial...

Dollar Holds Down Wolters Kluwer Half

Dollar Holds Down Wolters Kluwer Half

The decline in the American dollar put a dent in an otherwise decent performance for Wolters Kluwer for the half ended June 30.  The company ended up with a 7-percent drop...

H.D. Vest Advisor Cuts to Continue

H.D. Vest Advisor Cuts to Continue

H.D. Vest is continuing to cut its roster of advisors after trimming 16 percent in the last year. The parent company, Blucora, expects another roughly 300 will be cut by...

Xero Buys Hubdoc

Xero Buys Hubdoc

Xero has acquired Hubdoc, which makes document collection and management software, for $70 million in cash and Xero equity. The New Zealand-based cloud software company said this week Hubdoc, based...

Learning Center

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QuickBooks Online and Google Link Up

QuickBooks Online and Google Link Up

Intuit and Google are collaborating on applications that integrate the G Suite—formerly called Google Apps for Work—with QuickBooks Online. The first releases for QBO include Google Calendar and Single Sign...

Easy Checklist Provides Small Firms with Workflow and Client Management Solutions

Easy Checklist Provides Small Firms with…

Bob Scott, executive editor of the Progressive Accountant, sits down with Michael Havey of Easy Checklist ABC to discuss the company’s new task management tool designed to assist accountants, bookkeepers...

Global Force International Helps Accountants Merge, Acquire or Sell Businesses

Global Force International Helps Account…

Bob Scott, executive editor of The Progressive Accountant speaks with Max Krotman, executive vice president of Global Force International. With a focus on business integration, Global Force International matches firms...

KBKG Identifies Specialized Tax Credits and Incentives for Clients.

KBKG Identifies Specialized Tax Credits …

Bob Scott, executive editor of The Progressive Accountant, speaks with Gian Pazzia, principal of KBKG about the way the company collaborates with CPA firms to deliver the most effective tax...

APS Pension and Financial Services Helps Companies Navigate the Growing Complexities of 401K Plans

APS Pension and Financial Services Helps…

Stephen Abramson, president of APS Pension and Financial Service sits down with Bob Scott, executive editor of The Progressive Accountant to discuss how the company is helping small to midsize...

Sales Tax and Compliance

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August 2018 Sales Tax Holidays

More than a dozen states have sales tax holidays in August 2018, providing a temporary sales tax exemption for a wide variety of items: summer sandals and winter coats, pencils...

Online Sellers and Sales Tax: What Your …

It’s a new world for online sellers now that the U.S. Supreme Court repealed the long-standing rule that a state can only tax businesses with a physical presence in the...

Accounting Top 100 Update: 8.1.2018

What goes into generating a single Accounting Top 100 social media leaderboard? With scores collected for over 600 users, this week’s leaderboard alone was calculated using 11,465 Twitter mentions and over...

On the Heels of Wayfair: Keeping Your Sm…

With the U.S. Supreme Court’s June 2018 decision in South Dakota v. Wayfair, Inc. that redefined sales tax, many of your small business clients need you – their trusted advisor...

The Art of the Close: Creating an accura…

  The ART of the Close: Increasing Reliability Companies should work to avoid the “uncomfortable close.” The uncomfortable close is one where you’re never quite sure if your numbers are accurate, if...

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PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.

I accept Policy from this site.
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