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Tips for Financial Planning in Your Practice, with Joe Tucciarone

Tips for Financial Planning in Your PracticePresented by Joe TucciaroneNational Network of AccountantsContact Bill Corbett, National Network of Accountants wjcorbett@worldnet.att.netThursday, February 1, 2001Visit the AccountingWEB Workshop Calendar for upcoming sessions.SummaryJoe's session included the
AccountingWEB Life

Constant Marketing is Key to a Healthy Business

Whatever your specialty -- corporate accounting, tax preparation, financial consulting, etc. -- you need more than accounting skills to remain successful. You also require marketing savvy to keep your business prospering.

Oops! IRS Letter to Taxpayers Contains Misinformation

The IRS has issued a news release indicating that 286,000 letters were sent to people who claimed the Earned Income Tax Credit on their 1999 tax returns raising questions about whether these people were entitled to claim the credit.The letter contained some misinformation about where taxpayers should call to resolve child custody issues. The letter mistakenly directed taxpayers to contact state revenue agencies.

Tax and Accounting Software Publishers

ACCPAC International - A division of Computer Associates InternationalAPPX Software, Inc.ASI Communications - Application software specializing in ATM and point-of-sale transactionsAQSoftware, Inc. - Contribution calculation productsAbacus Accounting SystemsAccounting S

e-Controller and PlanetUplink Promote e-Accounting for 2001

New Partnership allows freedom to focus on your business in 2001.e-Controller, a Certified QuickBooks ProAdvisor Center and Peachtree Authorized Resource Center specializing in online accounting services and PlanetUplink, a Certified IBM Business Partner specializing in Application Hosting Services are bringing in the New Year by offering an exciting Internet based accounting solution. NO MORE ACCOUNTING. Think about it.

55% of Americans Don't Know Cost of Retirement

Most Americans have no idea how much they will need to live on once they retire according to the Quicken Fiscal Literacy Survey. More than 35% of all respondents did not know just how much they needed in order to retire, a one-percent increase from the 2000 Survey. The survey indicates that around 30% of Americans could only sustain themselves economically for a few months in the event of job loss; that same number of Americans don't even contribute to a pre-tax retirement program.

Accounting Firms Recognize Strategic Importance of Marketing

PDI's Advance Marketing Symposium 2001 Shows How Marketing and Sales Functions Are Driving Firm ProfitsAccounting marketing has grown up and is now playing a central and strategic role in leading firms to greater profitability. This was a major theme of PDI's Sixth Annual Marketing and Sales Directors Forum, held January 25 and 26 in Chicago. The agenda featured presentations by top consultants, marketing directors and sales professionals: Jeffrey S.

SBA Launches Online Women's Business Center

Small Business Administration Administrator Aida Alvarez has announced that the award-winning Online Women’s Business Center has a new look and a new address on the Internet. The free, interactive entrepreneurial Web site, formerly managed by a grantee, will now be managed directly by the SBA’s Office of Women’s Business Ownership."The Online Women’s Business Center, which we launched just three years ago this month, has become the premier training site for women entrepreneurs worldwide," said Ms. Alvarez.

CCH Business Owner's TOOLKIT™ Tax Guide 2001 Now Available

Third Edition of Popular Tax Guide Bundled with Free Online Income Tax Returns, Filing Offers Entrepreneurs Knowledge for Year-Round Tax Needs(Riverwoods, ILL., January 26, 2001) – CCH INCORPORATED (CCH), a leading provider of tax law information and software, today announced the availability of CCH Business Owner’s Toolkit™ Tax Guide 2001, created specifically to help small, single-owner businesses manage their taxes and prepare their 2000 tax returns.

Wolters Kluwer Acquires TSOFT Financial Software

Acquisition Will Become Part of CCH’s Bankers Systems, Inc.(CHICAGO, January __, 2001) – Wolters Kluwer North America said today that it had reached a definitive agreement to acquire the assets of TSoft Financial Software, Inc., Marietta, Ga., a provider of software and compliance support for financial services institutions. TSoft will operate as part of CCH INCORPORATED’s Bankers Systems, Inc., St. Cloud, Minn., unit. CCH is a leading provider of tax business and financial services law information and software and a Wolters Kluwer North America company.

Bush Tax Plan Promotes Charitable Giving

Citing a desire to make it easier for faith-based and community organizations to offer social welfare programs, President Bush is moving ahead with an initiative to allow non-itemizers a tax deduction for charitable donations. House Ways and Means Committee member Jennifer Dunn (R-Washington) has indicated her willingness to introduce the legislation. A similar bill introduced by Dunn in the 106th never reached fruition.

Tax Tip: What To Do If You Haven't Received a Form 1099

If you received certain types of income, you may receive a Form 1099 for use with your tax return. You should receive these forms from the payer by early February, according to the IRS. Payers have until Jan. 31 to mail these forms to you. If you have not received an expected 1099 by a few days after that, contact the payer. If you still do not get the form by February 15, call the IRS for help at 1-800-829-1040.In some cases, you may obtain the information that would be on the 1099 from other sources.

IRS to Cross-Reference K-1 Information

We all know the IRS cross-references information between W-2 forms and 1099 forms and the tax returns of the recipients. If there is a discrepancy between what the recipient reports on his tax return and the amount on the official form, a correspondence is initiated in which the IRS attempts to straighten out the matter.The IRS has not attempted any such cross reference with K-1 forms, those forms that show your share of ownership in a partnership, trust, or s corporation. Until now.

FiNetrics Accounting Institute Endorsed by Industry Insiders

FiNetrics Inc., a business service provider (BSP) developing an integrated and comprehensive suite of online financial applications and services for emerging and medium-sized businesses, announced this week the availability of its CPA partner program, FiNetrics Accounting Institute. Leading CPA consultants Jay Nisberg and Charles McCann are among the first to enroll in the program and endorse FiNetrics products and services as the fastest and most profitable way for CPAs to give their businesses an e-commerce edge.

Web Reference Tools - Smart Cursor Downloads

Smart Cursors provide additional information about words on Web sites, via partners like, Houghton-Mifflin's American Heritage dictionary and Roget's Thesaurus, as well as search engines from Yahoo! Inc., Google Inc., America Online Inc., Microsoft Corp.'s MSN, and Inc.Three smart cursors available for free download are highlighted below:Comet Systems Inc. NBC Internet Inc. Atomica.

CFO Magazine Accepting Nominations for 'Excellence Awards'

The 2001 CFO Excellence Awards, sponsored by CFO Publishing Corporation and Arthur Andersen, offer public and private companies the opportunity to bring a new level of visibility and recognition to their finance teams, says Mary Driscoll, president of CFO Enterprises. Now CFOs from companies with annual revenues in excess of $300 million may apply, and the winners will be prominently featured in the October 2001 issue of CFO magazine.Completed applications for one or more of ten new categories, each designed to reflect the diverse nature of finance today, are due on April 30, 2001.

'Tax Talk Today' Provides Advice for Practitioners

The IRS is sponsoring a series of web events this spring designed to provide a live Q&A forum for tax practitioners. The first of these monthly events is scheduled for Tuesday, January 30, from 2:00 to 3:00 p.m., Eastern time.

Tax Tip: What To Do If You Haven't Received a W-2 Form

Employers must provide employees with a Form W-2 by January 31, 2001 for use in preparing tax returns, according to the IRS. You should receive a separate W-2 for each employer you worked for. Since employers can mail the W-2s as late as January 31, you should allow a few days into February for a mailed form to arrive.If do not receive your Form W-2, you should first contact your employer and find out if or when the W-2 was mailed. You may not have received your W-2 because of an incorrect or incomplete address, so be sure to verify your address.
Practice Management

Plant Seeds in Tax Season For a Bountiful Summer Harvest, with Dave Cottle

Plant Seeds in Tax Season For a Bountiful Harvest in the SummerPresented by Dave CottleDavid Cottle ConsultingContact dave@cottleconsultingTuesday, January 30, 2001Visit the AccountingWEB Workshop Calendar for upcoming sessions.SummaryDave's session included ideas on what you can do during tax season - when you have the attention of your clients - to ensure a continu

AccountingWEB Launches TaxZONE unveils its free tax resource area on February 1, 2001. The TaxZONE was created to assist accountants through the tax season ahead. The TaxZONE offers a variety of information including articles, links, tools, resources, tips and guidelines to help AccountingWEB users successfully navigate their way through tax season more effectively and more profitably.


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