The big news this week is that the U.S. Supreme Court has issued a decision rewriting the rules on sales tax for online retailers. Now states can collect sales tax on orders shipped to their state, even if the retailer has no physical presence in that state. For details and analysis, take a listen to the latest episode of the Cloud Accounting Podcast.
Accountants are again taking a leadership role in their organizations with the adoption of cloud applications. According to FloQast’s new survey of accounting and finance professionals, 85 percent of respondents are facing increased challenges in hiring and retaining talent, and technology adoption is a key strategy in attracting and retaining talent.
Laura Empson argues that professional services firms (looking at you, public accounting) deliberately recruit overachievers, then exploit their insecurity; new tax rules are speeding up automation; Thomson Reuters catches up... to the Xero and QBO of ten years ago; a terrible client experience caused by hourly billing; and more