News

On Campus Recruiting Techniques - with Christy Matheson

Session Moderator: Good afternoon all! We have an information-packed session for you today. I want to welcome Christy Matheson with AtWork Solutions as our Workshop Leader. Christy Matheson began her career in marketing and advertising at an in-house agency for a physician search firm. She later entered the technology field through her position as a Regional Sales Manager for Data Storage Marketing in Dallas.Ms. Matheson served as lead instructor at ExecuTrain, where she gained software training and development experience.

Sage Accountant Alliance Program Gains 1000th Member

Sage Software Inc.’s newly launched program, Sage Accountant Alliance (SAA), just added its 1000th member. The program has been up and running since September 1999 and is obviously providing CPAs needed tools and support.The Alliance is geared toward helping CPAs offer their clients accounting software assistance. This helps CPAs strengthen their role as financial consultants.

Commission Running Out of Time

With corporate interests on one side and state and local government groups on the other, the Advisory Commission on Electronic Commerce is under the gun to make its recommendations to Congress. The group has until April 21 to submit its recommendations and is meeting for the fourth and final time yesterday and today. The Commission started its long trip toward these recommendations last June.Yesterday, the 19-member committee voted 11-7-1 to accept a proposal written by the six business-community members of the Internet.

Analyzing the Andersen Consulting/Microsoft Partnership

By now, it's old news that Andersen Consulting and Microsoft joined to form Avanade, a new venture to help the software giant implement solutions for e-Commerce.
Community News

Consolidators in UK: Tenon Closes In

While the United States has its own success stories and horror stories about consolidators like American Express and H&R Block, the United Kingdom is witnessing its first wave of a business model similar to these giants.The Tenon Group has been formed to acquire accountancy practices and advisory services' practices, and plans to build the business into a powerhouse with revenues greater than $100 million pounds.But the real news lies in the fact that Tenon will be a publicly traded stock--a real departure for the U.K.

Jumping Ship: Why do CPAs Flee?

AccountingWEB has reported several stories over the past few months about the consistent migration of CPAs and accountants from accounting firms to smaller businesses--many of which are dotcoms.Where does all the competition come from?

Electronic Tax Filing Software Download at No Charge

Green Bay, WI -- Nelco announces the release of software for the completion and electronic filing of federal individual tax returns. Tax Wizard Software can be downloaded at no charge from Nelco's web site at www.filetaxes.com. Users key in data on graphic facsimiles of tax forms and, after all information is entered, electronically file their tax returns by modem through Nelco to the IRS. Usually within 24 hours of filing, the filer receives acknowledgement that the tax return was received by the IRS.
Community News

Micro Vision Signs Deal for Financial Services

Micro Vision Software, a longtime player in the accounting software marketplace, and LM Financial Partners, have signed an agreement to make it easier for accountants to enter the financial services arena.The new company is called ProAdvisors Financial Services, and is designed to help Micro Vision's 6,000 clients/accountants make a transition to financial services offerings by providing securities registration capabilities and marketing of products.
Technology

Dot.com Accounting - Anyone's Guess?

Dot.coms are here to stay, and while Congress keeps debating the pros and cons of Internet taxation, accounting procedures for online businesses is one arena in which there are few rules to follow ... and even so, the rules keep changing.The rules focus on how Generally Accepted Accounting Principles (GAAP) are applied to e-Commerce and online businesses.

Free Weekly Pub Provides E-cruiting Aid

E-cruiting Business is the newest information source for busy HR managers. The publisher, Staffing Industry Analysts, Inc. (SIA), believes this publication, which is a both a print and online newsletter, has just what it takes to help HR professionals impact an organization’s bottom line.The monthly print newsletter features weekly e-mail bulletins and combines objective industry analysis with hot news reports.

AccountingWEB Weekly News Wrap-up - Issue 34

The AccountingWEB Friday Wrap-Up Newswire - Issue 34March 17, 2000http://www.accountingweb.com**This week's Newswire is sponsored by LifeGoals.com Corporation**http://www.lifegoals.comIn the news this week:1.
Tax

St. Patrick's Day Green: IRS is Hiring

Finding the pot o'gold at the end of the rainbow has reached the IRS, who asked Congress on Thursday for approval to hire 2,000 more employees as part of the Service's proposed 9.5 percent budget increase.Several thousand more employees would enable the IRS to step up its audit investigations, and without the increase, Commissioner Rossotti said more taxpayers may be forced to cheat on their taxes.Overall projected budget is $8.8 billion for fiscal 2001 for an increase of $769 million dollars.

Four Software Packages That Make CPE Tracking Easy

Tracking annual CPE is another fringe benefit you might want to provide your employees. It doesn’t cost a lot and if you get it systemetized, it won’t take one person too long to handle your whole firm. Accountants love it.

AICPA and Bar Offer Tax Simplification

Several of the largest organizations involved in taxation issues has offered sage advice to Congress regarding tax simplification.The American Institute of CPAs, the American Bar Association and the Tax Executives Institute sent comments to Washington in the hopes that their opinions will be heard.Areas mentioned for simplification include the Earned Income Credit, the "half" measure for early withdrawals from retirement accounts, the Alternative Minimum Tax, minimum distributions from
Technology

Access Your Favorite Bookmarks From Any Computer

If you're like me, you often find yourself in remote locations checking e-mail, and doing work on the Internet. If you're using different computers all the time (say at a client's office or even at a Kinko's down the road), you can now access your personal Bookmarks or Favorites using Bookmarksync.com. A quick download of free software on your own computer allows you access to the system. When you're traveling, simply logon to their website and you'll have full and immediate access to your bookmarks!
A&A

SYNERGY Serves CPA/ Financial Services Arena

The latest player in assisting the CPA delivering financial services is SYNERGY. SYNERGY is a membership group of CPA firms who, at the national level, will offer support, guidance and education to the CPA delivering services in local areas.SYNERGY is based in White Plains, NY, and headed by Walter Primoff, former deputy executive director of the New York State Society of CPAs. In its initial implementation phase, SYNERGY will serve firms through its Web site, publications and in educational programs.
Community News

Illinois Firms Overlook 150-Hour-Rule

Remember the controversy surrounding the 150-hour-requirement several years back when states began implementing the rule to sit for the CPA Exam?In Illinois, when the five-year-plan becomes reality in January 2001, CPA firms who hire recent graduates say they will continue hiring graduates regardless if the potential employee has 150 hours or not.This and other opinions were revealed in a new survey conducted by the Illinois CPA Society and Illinois College.
A&A

SEC Fights for Fund Disclosure

Investors looking to learn about the impact of taxes on their funds' performance may soon find their fund companies doing this for them. The Securities and Exchange Commission has proposed that fund companies take this role because investors are entitled to be told the after-tax consequences of funds.Taxes affect funds differently. Two funds with identical before-tax returns can have two very different tax liabilities. Fund investment strategies can really make a difference at tax time.

Alcoa Chairman Named to Public Oversight Board

Alcoa chairman Paul O'Neill joins an exclusive group of individuals as the newest member on the Public Oversight Board (POB) of the AICPA SEC Practice Section (SECPS).The POB is made up of five members who oversee the self-regulatory programs of the SECPS, an AICPA membership group of firms who audit public companies registered with the SEC.

Texans Favor Internet Tax

The great state of Texas has spoken. A new telephone poll of 1,000 residents confirms that 54 percent of respondents favored taxing goods and services at the same rate as those found in traditional venues.The poll, conducted by Scripps Howard, also found that 32 percent opposed the Internet sales tax (14 percent rode the fence).The results have changed since previous polls in which prior surveys found that respondents were fairly split on their opinions regarding the special tax.Texans who did not use the Internet were much more positive about taxing purchases.

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