Technology news

Tax

Internet Companies May be Circumventing Tax Rules

The IRS has been charged with the responsibility of determining the effect that an Internet presence has on the administration and compliance rules relating to the collection of income tax.As part of that effort, the upstate New York IRS district office conducted a research project that confirmed the concerns of the Treasury Department, that companies operating on the Internet may not be paying their full share of income tax.The study covered six distinct market segments, all identified through 18,000 Web sites delivering goods or services.
Technology

Pentium 4 Chip Available Thanksgiving Week

The green men on the latest round of Intel commercials touting the strength of the Pentium 3 chip either will have to hire a fourth person or clone themselves.After months of anticipation, Pentium announced this week at COMDEX that their Pentium 4 chip would be ready on Monday, Nov. 20.
Technology

Palm Strikes Gold in new Offerings

A technology-hungry world just can't escape the market domination enjoyed by Palm and their Personal Digital Assistants (PDAs). An announcement made at COMDEX in Las Vegas confirms this fact, and more ...
Technology

Is E-Commerce Profitable Commerce?

Is E-Commerce Profitable Commerce?Presenter: Robert Gold, MBA, CA, the most "Internet Savvy" CA in CanadaAre your clients considering moving some or all of their business to the Net? Do you have a new stable of online clients?Robert Gold's workshop provided participants with tips for separating the wheat from the e-commerce chaff.
Technology

Ebank Exits 'Net; Returns to Brick & Mortar Roots

What seemed like a great idea just didn't work. ebank, an Internet-only bank that has operated online since June 1999, has significantly reduced its dependence in cyberspace in favor of the traditional, community bank scenario.As an online venture, ebank has lost more than $6 million. Initially operating as Commerce Bank in Atlanta, management flocked to the Internet in much the same fashion as online rivals Wingspan and NetBank.
Technology

Bill Gates Spreads Optimistic PC View at COMDEX

The notion that we can continue operating by only conducting business over the Internet is "thin-brained," according to Bill Gates, who provided the huge crowd at this year's COMDEX show in Las Vegas with his thoughts about the future of the personal computer.Gates, the new Chief Software Architect for his company, believes that large screen desktop stand-alone computers will stick around as long as people continue using computers to perform tasks such as tax return preparation, spreadsheet analysis, forecasts, homework, laying out the family photo album, and more.
Technology

Gateway Invents Plug 'n' Play Web Appliances

Gateway has partnered with America Online to produce a device called the Connected Touch Pad, a tabletop appliance that can surf the Internet using AOL. At a price of $599, the system comes with a 10-inch touch screen to enable users to access email and surf the Web. The typical AOL monthly fee is extra.Another new jointly-produced device is called the Connected Music Player, and is designed to play audio files stored on a PC into a stereo system or MP3 player.
Technology

Hot Topic of Digitial Signatures Addressed by IBM

For the last several years, digital signatures and the encryption of data for sending private files over the Internet, have been hot topics for the CPA community.
Technology

Shakeup at Speech Recognition Software Leader

Soon, the name of one of the most popular speech recognition software providers may be changed due to the resignation of the company's namesakes.An SEC investigation into financial statement irregularities related to licensing issues in Europe have forced Jo Lernout and Pol Hauspie, co-chairs of Lernout & Hauspie, to resign their positions. They will be replaced by Roel Pieper, formerly the head of Tandem Computers Inc.
Technology

Impact of the Vote on News Sites

In the midst of waiting to see who wins the presidential election, the most popular news sites on the Web reported a very busy day on Tuesday, as well as an expected significant increase in Web site hits since the last election in 1996.For example, MSNBC reported its largest day in history. The day peaked around 12-1 p.m.
Technology

Don’t Dial Area Code 809!

According to a reports surfacing on the Internet, a telephone scam is moving quickly throughout North America and beyond whereby a person receives a message on an answering machine or pager asking that he call a number beginning with the area code 809. The message indicates either a prize has been won, a relative has taken seriously ill or even died, or some other message guaranteed to get the attention of the recipient.The phone number to call, according to the message, begins with area code 809.
A&A

Rosy Outlook: Dell Financing Partner Renews Contract

Austin, TX-based Dell Computer Corporation got a shot in the arm when its financial partner, CIT Group of New York, renewed the contract for supporting Dell Financial Services.
Technology

Citigroup Gets Into Online Payment Services Game

Citigroup has decided to jump onto the online cash transfer bandwagon. The company's new service, c2it, will give Citigroup customers the ability to transfer cash online from a bank, brokerage or credit card account to a recipient's designated account through Citibank. The c2it service is available to anyone in the United States with an email address, according to company sources. Using c2it, customers will be able to pay monthly bills and transfer funds to any accounts, reports Anthony Jenkins, a Citigroup executive.
Practice Management

Priceline's Troubles Continue; CFO Resigns

The high-profile Priceline.com, a name-your-own-price Web site for travel, lodging, groceries and other amenities, continues to ride a rough road. News several weeks ago that its price per share had decreased, along with a drop in consumer confidence, has forced the online site to lay off 16 percent of its employees.This equates to 87 of 535 total employees. Also leaving is Heidi Miller, Priceline's CFO, who worked for the company a short eight months.
Technology

E-mail is a Trendy Method to Reach Voters

How many e-mails have you received this election year? If you're like most of us, quite a few. We're on carefully selected databases used by both parties, and as a consumer and/or user of the Internet, you're bound to have made one of these many lists.How effective are these e-mail reminders? Experts say that both parties are hoping for the 'forward' approach.
Technology

Ratings of Two Top Internet Job Sites

According to a new report by Smart Business magazine, the two largest sites on the Internet to post and find a job are Monster.com and HotJobs.com. In fact, the story states that if you can't find a job at either of these two sites, something is terribly wrong, somewhere.But which one is best? According to the testers, the winner is HotJobs with four stars, vs. Monster with three stars. Why?
A&A

AmEx Offers Small Business an Entree to E-Commerce

If you're a small business or firm, chances are you or your clients may accept American Express for payment.
Technology

XBRL: An Update on the Future of Financial Reporting

XBRL UpdatePresented by: Mike WillisTuesday October 31, 20004:00pm EDT,The AccountingWEB Workshop RoomExtensible Business Reporting Language (XBRL) is an open specification that uses XML-based data tags to describe financial statements for both public and private companies.
Technology

Powerful Accounting on the Web

Join David Thomas, President of Intacct Corporation, in a live workshop discussion about powerful accounting on the Web, next Thursday, November 2, at 4:00 Eastern time.Topics for discussion will include: - Introduction to Intacct- Live Demo of the Web- Market Size- Key Features & Benefits of Web Accounting- e-PracticeBring your questions and find out all about how Web accounting is changing the way companies think about keeping the books.Workshop sponsored by Arthur Ander
Technology

The Tale of the Portal: Who Survives?

If CPAs and accounting professionals are like every other profession, members have sought out the likeness of the 'portal,' or gateway to the Internet, to perform a variety of tasks.According to a new report from MSNBC, the news service believes there are only three viable players left in the portal business: Yahoo!, MSN and America Online. Why?The financial impact, mostly.

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