The Classification of Bitcoin and Cryptocurrency by the IRS

The Classification of Bitcoin and Cryptocurrency by the IRS

IRS guidance is silent on which section of the tax code cryptocurrency falls into. This has major implications for the tax treatment of transactions involving Bitcoin. Read Craig Smalley's analysis on CPA Practice Advisor.

New Features and Improvements Announced at QuickBooks Connect

New Features and Improvements Announced at QuickBooks Connect

Intuit announced a number of new features and improvements at the annual QuickBooks Connect user conference. Read about the updates on the QuickBooks Blog.

Blockchain Solves a Problem from Antiquity

Blockchain Solves a Problem from Antiquity

If you want to understand the value of blockchain and cryptocurrency, read this. It has nothing to do with the price of Bitcoin. That’s just a distraction. The true value is that it provides a distributed system for verifying claims of ownership — whatever they may be.

What are the best social media channels for your accounting firm?

What are the best social media channels for your accounting firm?

There are so many social media channels and there’s always something new coming. Check out this article by The Profitable Firm to figure out if your accounting firm needs to be on every social media channel.

Review of QBO's Integrated Bill.com bill payments

Review of QBO's Integrated Bill.com bill payments

Liz Scott reviews QBO Online Bill Pay powered by Bill.com, an app inside of QuickBooks Online. Read the full story on Insightful Accountant.

Read my review of Xero Projects on Accountex Report

Read my review of Xero Projects on Accountex Report

Xero Projects is a simple way for users to track time and expenses on projects or jobs within Xero. It’s designed for small businesses in service industries. Read my review of Xero Projects on Accountex Report. 

Podcast: Is Hourly Billing Unethical and Unprofessional?

Podcast: Is Hourly Billing Unethical and Unprofessional?

Ethical problems arise in hourly billing due to the misalignment of interests created by the system. It’s hard to be a good citizen in a bad culture. Don't miss this Soul of Enterprise podcast episode with Ed Kless and Ron Baker. Listen now.

New in QuickBooks Online Accountant: Recurring Projects

New in QuickBooks Online Accountant: Recurring Projects

This update to QuickBooks Online Accountant allows users to specify that a project and it's related tasks should repeat on a weekly, monthly, or annual basis. Read Charlie Russell's full review on Accountex Report.