Bitcoin

Can't find the app you need? Build it yourself!

Can't find the app you need? Build it yourself!

My favorite story this week is about an accountant who couldn’t find the budgeting app he wanted for his clients, so he built it himself using developers hired on the freelancing site UpWork.

Are big firm CPAs “insecure overachievers”?

Are big firm CPAs “insecure overachievers”?

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

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.

Giving Thanks for Cloud Accounting

Giving Thanks for Cloud Accounting

New QBO features announced at QuickBooks Connect, introducing the Lifestyle Accountants Community, a review of Kindful (CRM for nonprofits), how to structure a blog post so people will actually read it, issues with IRS guidance on Bitcoin, why we still commute, the best standing desks, and more

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.

Highlights from Accountex USA and Xerocon Melbourne

Highlights from Accountex USA and Xerocon Melbourne

My takeaways from Accountex USA 2017, why Xerocon is like Coachella for accountants, some big updates from Xero, Earth Class Mail adds a new check deposit service, dealing with the Cloud9 Realtime ransomware attack, mastering the "After Action Review" when doing value pricing, and more

Why automation isn't killing jobs (yet)

Why automation isn't killing jobs (yet)

Why automation isn't killing jobs (yet), cloud accounting firms add 5x more clients, the best telepresence robot, a free employee handbook, Expensify surpasses 35k global customers, and more

Cloud Accounting Weekly #21

Cloud Accounting Weekly #21

Global Bookkeeping Week is 9/12 - 9/16, a review of The End of Accounting by Ron Baker, Spotlight and Expensify expand, how to make your startup look like a professional business, a simple to-do list productivity hack, why unlimited vacation is bad, and more

Cloud Accounting Weekly #20

Cloud Accounting Weekly #20

Wal-Mart cuts 7,000 store accounting jobs, we may not have enough CPAs someday, a guide to feeling confident at your next conference, marketing mistakes bookkeepers make, Greg Kyte on the Abacus podcast, and updates from Bill.com, Deputy, and Square

Cloud Accounting Weekly #9

Cloud Accounting Weekly #9

Zenefits lays off more staff, Expensify reveals their comp review process, ICB and Intuit partner up, Greg Kyte goes undercover at H&R Block, Xero invites you to Summer Camp, Wayne Schmidt shows us how to get clients with Facebook, and more