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Blog Articles & Video May 2021

Art of Accounting: Getting started with writing

Writing something that people would want to read is essential to establishing yourself as an expert, publicizing your practice, sharing what you know and your experience, and learning more about your topic. Further, by letting your clients and contacts know about it, your reputation will start to be established and

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Biden tax plan forecast to bring in $3.6T in a decade

President Joe Biden’s proposed tax hikes are forecast to bring in $3.6 trillion over the next decade, the Treasury Department said Friday, a key funding source for the $4 trillion he hopes to spend remaking the American economy and social safety net. The figure, representing the sum of all tax

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Tech news: Updating CPA exam prep material, and more

Bookkeep gets $3.3 million to develop data entry automation Bookkeep, which makes data entry automation software for accountants, has closed its first venture-financing round, attracting $3.3 million. Bookkeep.com’s SaaS application aggregates financial data from e-commerce and point of sale systems, then summarizes and posts the data to the accountant’s accounting

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Try These Pro Tips to Fix Sage Error 1603

Sage is a world-class software used by hundreds and thousands of small to medium-sized businesses to carry out their various accounting and taxation needs. However, the users often complain about the initial stages of the program, especially the installation. Sage error 1603 occurs when the users try to install the

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Biden budget calls for spending surge fueled by higher taxes

President Joe Biden issued his first full budget proposal Friday, detailing his ambitions to dramatically expand the size and scope of the federal government with more than $6 trillion in spending over the coming fiscal year, paired with significant tax increases on corporations and the wealthy. But Congress controls the

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Tax Fraud Blotter: Way off the books

A crook named Kusok; more holes than a Swiss cheese; anti-social media; and other highlights of recent tax cases. New York: International fugitive Anton Bogdanov, a citizen of Russia, has been sentenced to five years in prison for wire fraud conspiracy and computer intrusions in connection with a scheme in

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Avalara’s New Tax Compliance Tools for Accountants

Avalara, Inc., a provider of automated tax compliance tools and services for businesses of all sizes, has released an array of new tax compliance products and services designed specifically for accountants.  Know as Avalara for Accountants, the new offering was designed to provide accounting professionals with the technology to simplify and streamline

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Is There a Right Time to Donate for Tax Purposes?

Question. Julian, hello from “Patrick.” That’s not really my Christian name, and I’d as soon skip my last name. How come? Because, like lots of other accomplished authors, I’m bombarded with snarky emails from people who want to spell out why they resent writers. Julian, what follows are disclosures that

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Liscio and Karbon Form Integration Partnership

Accountant-focused file-sharing and mobile client app maker Liscio is now integrated with practice management tools maker Karbon. With Liscio and Karbon working together, staff will no longer have to chase clients for documents or search across multiple platforms for documents that clients have sent to you. Additionally, since all client communications,

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