News

Chris Murphy

Chris MurphyVP – Operations Finance / Business DevelopmentFiNetrics, Inc.Chris Murphy is the Vice President of Operations Finance / Business Development for FiNetrics, an Internet company developing an online Financial EcoCenter™ for small- to medium-size businesses. Murphy’s goal is to help FiNetrics penetrate the $58 billion small- to medium-sized business market by identifying and initiating channel partner relationships.
A&A

Bill May Recover Billions in Tax Dollars

There are approximately 2 million business owners across the country who, over the years, have withheld payroll taxes from employees and then failed to turn the money over to the federal government.
Technology

Is Yahoo's new Phone Service a Step Back?

Perhaps the guru of all Internet portals, Yahoo!, is taking a step back with its new, free phone service.The company is not using the popular voice recognition applications like TellMe or BeVocal that could be so beneficial to users and save them time.
Tax

New Internet Tax Scheme Presents Another Method

A group that provides guidance on how to expand the Internet has come up with a proposed solution to the taxing of goods and services over the Internet, and will present the solution on Friday, Oct. 13. This time, the solution is very simple.A committee of the National Academy of Science's National Research Council is recommending that everyone pay the same tax rate regardless of where they reside or the state in which the vendor is based.

Is the new DT Consulting Ad too Showy?

A Deloitte Consulting full-page ad in The Wall Street Journal is doing its job by making people talk ... perhaps though, not so favorably, according to analysts who interpret advertising and marketing.The ad describes the firm's ability to take consulting to a new level within the eBusiness continuum.

Take an On-Line Grammar Quiz and Refresh Your Skills!

You can brush up on your grammar and spelling with this Word Workout Quiz. Test your knowledge and build your vocabulary all at the same time. You will have your own on-line fitness trainer, Ben, to help you through it. He won't tell a soul what the results are. Go to the link below and see just how well you do. For the on-line Word Workout Quiz, go to: http://www.m-w.com/promos/vocab99/vbwork.htmGood Luck!
Tax

DC Commuters Receive Federal Stipend

Effective October 1, 2000, up to 200,000 federal employees in the DC metropolitan area are entitled to receive a monthly stipend designed to get them off the highways and onto public transportation.The Metrocheck program, which has provided a $33 per month commuting stipend to 150,000 federal employees since 1993, has been expanded to provide an increased subsidy of $65 per month and to cover an additional 200,000 federal employees.

Save Baby Boomers! Keep Government Surpluses!

In the latest version of the Congressional Budget Office’s (CBO) Long-Term Budget Outlook report, these words of doom appear: “If the government saved all of the surpluses projected over the next decade, serious budgetary problems would not arise until the second half of the century."The first World War II baby boomers, those born in 1947, turn 53 this year, and they are already starting to plan for retirement.
Tax

Roth Risk-Takers Rebuked by Regulators

Remember the confusion when the Roth IRA first surfaced?

The AccountingWEB Team is Expanding

AccountingWEB welcomes Jerry Gaw and Dale DeWitte to the sales team, as we continue to expand to meet the needs of a growing portal. Welcome Jerry & Dale!

Who or Whom? What's a Person to Use?

Did I hear you say "Whom did you say is calling"? If so, we suggest you look into this tip. If you have ever struggled with these little words, you are not alone. The English language is full of quirks and challenges that we encounter every day of our lives. If you want to be noticed as an exceptional writer and communicator, check these tips out to help you make the correct choices.Use "who" and "whoever" when you could substitute he, she, they, I, or we as the subject.Who is waiting? (She is waiting)Who did you say was the chosen employee?

New Accounting Packages Track Contracts to Completion

Several new accounting packages developed by Softrax are designed to automate the contract function by tracking each step involved in the process.Analysts say that Softrax, based in Canton, MA, has hit upon a real niche: the packages are ideal for reporting income to the Securities and Exchange Commission (SEC) and the Financial Accounting Standards Board (FASB), especially considering the new revenue recognition rules required for software company reports.The programs, which include S
Tax

Could Enrolled Agents Take the Place of CPAs?

The accounting profession is certainly aware of the Enrolled Agent (EA), but is it likely that the EA could some day take the place of the CPA?Not likely, mostly because EAs specialize in only tax. Still, it's certainly worth a look. While there are only 35,000 EAs compared to an estimated half-million CPAs and public accountants, EAs actually report to the government rather than a state board of accountancy.

On-call 24/7: Should you pay or get Paid?

Today's world of beepers, pagers, cell phones and other electronic gadgets have placed many professionals at the mercy of their employers to be ready and on-call 24 hours/7 days a week.That's OK if you understand the parameters involved in maintaining a schedule like this, but how does compensation enter into the scenario? Should you pay your employees for 24/7 access, or better yet, be paid if you have availability around the clock?Barbara Kate Repa, author of Avoid Employee Lawsuits, says that the crux of the matter is common sense.

Steven Siegel

Steven P. SiegelVice President of CPA Channel DevelopmentFiNetrics, Inc.Financial services veteran Steven P. Siegel is vice president of CPA channel development for FiNetrics, Inc. (www.finetrics.com), a new Internet company developing an online Financial EcoCenter for emerging and high-growth businesses.

AccountingWEB Weekly News Wrap-up - Issue 63

The AccountingWEB Friday Wrap-Up Newswire - Issue 63October 6, 2000Members Logon to http://www.accountingweb.com for full access to all our resources.Don't know your Logon Membership Details?Go to http
Practice Management

Practice Management Tip: Use the 'F' Word for Meetings

How effective are meetings within your own office? If you're like most of today's dynamic firms, you are constantly interrupted by telephones, visitors and other nuisances that consistently get in the way.But how do you make meetings energetic outside the four walls of the office?It's time to use the 'F' word when it comes to company meetings or retreats ... that's 'F' for 'FUN,' of course! Meetings can be dull as dirt, unless you use your noggin' to come up with something creative, energizing and most of all, FUN! Creativity can do wonders.
Technology

How Trendy are B2B Ventures?

Any business function attended over the last year to two years has been jam-packed with people talking about the surge of B2B (Business-to-Business) ventures--certainly deemed the next big wave in today's New Economy.Is the interest waning a bit in B2B, or are we at a crossroads in which we are searching for the next trend?The Big 5 firms and their consulting arms speculate over the future of B2B. Deloitte Consulting recently reported that the number of U.S.

Unemployment Reaches 30-year low Mark

We've done it again: the unemployment rate for September matched the 30-year low achieved last April.
Community News

Summers Warns Senators About Impeding SEC Plan

Treasury Secretary Lawrence Summers claims he has knowledge that some Senators, who are remaining unnamed, are attempting to use government spending legislation to thwart the SEC proposal to issue auditor independence guidelines.

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