The U.S. Supreme Court decision expanding nexus to out-of-state online retailers continued to dominate the accounting news this week; analytics company Domo went public as watchdog warns 'stay away from this IPO'; LeaseAccelerator raised $30M in funding for lease accounting software; how Walmart is leading an effort to track its grocery supply chain using blockchain technology; and more
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.
I’m back today from SuiteWorld 2018 in Las Vegas. For those who couldn’t make it to SuiteWorld (or those who skipped the keynote to sleep in), I’ve summarized my key takeaways regarding new NetSuite products and future releases.
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.
When you work as a freelancer, employers who are on top of their accounting game will always ask you for a signed W-9 form before they pay you the first time. Most freelancers just use their Social Security number as their tax ID number on the W-9. This is a big mistake, unless you really, really trust the company you’re working for.