Why Do We Still Commute?
The personal computer was supposed to kill the office and liberate us from hellish commutes to the city. But the average American commute has only increased since then. Could virtual reality finally change that? Read the article on CityLab.
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
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
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.
Read "Don’t Get Too Comfortable at That Desk" on The New York Times
New designs are partly a backlash to wide-open floor plans and include a “palette of places,” meaning that people don’t sit in just one spot.
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
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
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.Â
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.
Receipt Bank integrates with Xero HQ
Helena Wood, Head of Marketing at Receipt Bank, describes how the new integration with Xero HQ improves productivity for accounting and bookkeeping firms. Read the full story on the Xero Blog.