Practice news January 2012

Practice Management

KPMG Repair Regulations Survey - Tax Execs Unsure of Business Impact

Tax executives are unsure what impact the IRS’s recently released “Repair Regulations” might have on their businesses, but they expect the new rules to be more difficult to administer or comply with in practice, according to results of a survey conducted by KPMG LLP, the audit, tax, and advisory firm.
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Practice

Ernst and Young Offers New Tax Offsets on Benefits to LGBT Employees

Ernst & Young LLP has joined an increasing number of employers to reimburse lesbian, gay, bisexual, and transgender (LGBT) employees for additional federal and state taxes they incur for their same-sex domestic partners' medical benefits. The mandated taxes average $1,500 annually.
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Practice

Results of SocialCPAs 2011 Social Media Survey

SocialCPAs published its Social Media Survey in December. The survey was developed to gain an understanding of how the accounting profession is adopting or avoiding social media. Barry MacQuarrie, CPA, of SocialCPAs surveyed hundreds of accounting professionals and received responses from eighteen countries.
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Practice Management

Tighten Up Your Time Management – Four Tips for the New Year

Michael Goodman CPA, CFP, PFS, has always been sensitive to time management. Nearly sixteen years ago, he took a personal productivity class that has influenced the way he conducts his days. Since that class, Goodman has been creating and systemizing his time management procedures.
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Practice Development

Paychex Introduces Website to Spur Small Business Development

In the more than forty years Rochester, New York–based Paychex, Inc. has been in business, its mission has been to provide excellent payroll, human resources, and benefits outsourcing solutions to the backbone of the American economy – small and medium-sized businesses.
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AccountingWEB Life

Five Techniques for Corralling Your E-mail Inbox

Like it or not, your e-mail inbox is likely the place where you spend the majority of your time at work. That means it's time to take some practical steps to improve your handling of e-mail; i.e., spend less time in your inbox and more time on productive, value-added activities.
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Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
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This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.
Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.
Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.
Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
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