News

Technology

You Can Protect Yourself From Being Spammed

Being spammed seems to have become a part of everyday life in this age of e-mail. While we were once bombarded with "paper spam" in our home and office mailboxes, e-mail has transformed these paper direct mailing advertisements to electronic messages that appear in our e-mail boxes without warning or solicitation.A recent study conducted by GartnerGroup Interactive revealed that 90% of people who use the Internet are spammed on a weekly basis. 50% of these people receive spam mail daily.
Practice

It Pays to Shop Around Before Making That Wire Transfer

Before you make your next domestic or international wire transfer, industry analysts recommend that you shop the rates and delivery schedules offered by banks and private systems. The difference in price and service could really affect your bottom line.While most private systems like Western Union offer same-day service and most banks require one or two business days to complete a domestic transfer, the price variance between the two is significant.
Practice

Focus on Retirement Programs for Baby Boomers

The way people retire is going to change dramatically in the new millennium. As 80 million baby boomers prepare to retire in the next 10 years, financial service professionals are setting their sites on helping this generation find the best ways to spend their nest egg. It is believed that many retirees will take the non-traditional retirement route and pursue second careers, explore educational options or take vacations that are tied to the ability to generate income.
Technology

CCH TAXESSENTIALS DELIVERS CRITICAL TAX INFORMATION, VALUE ON THE WEB FOR SMALL FIRMS, GENERAL PRACTITIONERS,

CCH TAXESSENTIALS DELIVERS CRITICAL TAX INFORMATION, VALUE ON THE WEB FOR SMALL FIRMS, GENERAL PRACTITIONERS, ENROLLED AGENTS(RIVERWOODS, ILL., October 7, 1999) – CCH INCORPORATED (CCH), a leading provider of tax and business law information has introduced CCH ®TaxEssentials™, a new Internet-based research and productivity product designed to meet the special desktop needs of small firms, enrolled agents and the general tax practitioner.
Technology

CCH POWERS UP INTERNET WITH MORE NEW FEATURES

CCH POWERS UP INTERNET WITH MORE NEW FEATURES FOR ITS INTERNET TAX RESEARCH NETWORKFaster Starts, More Effective Searches, Greater Customization Through CCH Innovation(RIVERWOODS, ILL., October 7, 1999) – In response to the continuing rapid adoption of Internet services by accounting and legal professionals, CCH INCORPORATED (CCH), a leading provider of tax and business law information, said today that it has added a number of valuable new features to its CCH Internetsm Tax Research NetWork™ (CITRN).
Tax

IRS Raises Mileage Rate for 2000

BUSINESS MILEAGE RATE RISES FOR 2000(RIVERWOODS, ILL., October 7, 1999) – The standard mileage rate for cars used for business will pop back up to its 1998 level of 32.5 cents per mile in 2000 after declining to 31 cents per mile for most of this year, according to CCH INCORPORATED (CCH), a leading provider of tax and business law information. The standard rate is used to calculate the tax deduction for business travel as an alternative to deducting the actual costs of maintaining an automobile.

Sales Training For Professionals With Maura Schreier-Fleming

Below is the text of the sales training workshop presented by Maura Schreier-Fleming for AccountingWEB on Tuesday October 12, 1999. Be sure to check the schedule for upcoming workshops, and join us in the workshop room then!Mike Platt[Maura Schreier-Flemi] While we're waiting if you have any questions for me, I'd be happy to answer them.

CPAs Playing The Consulting Game

In your firm’s consulting practice, how many of your consultants have real, day-to-day operations experience? How many of them are 50 years old? If you say, “very few,” you aren’t alone. Many public accounting firms turned consulting firms have twenty- and thirty-somethings selling advice for $100+ an hour.A recent research project conducted by ExperTeam, a consulting firm comprised of former CEOs, CFOs, VPs and other high level executives, found that almost 70% of executives turn to their CPA advisor for advice.
A&A

Regulators to Increase Supervision of U.S. Big Banks

In his speech to the American Bankers Association's annual convention in Phoenix on Monday, Federal Reserve chairman Alan Greenspan said that few regulatory changes are needed for the majority of banks in the U.S. However, regulators are looking into increasing the level of supervision of the country's largest banks because of the negative impact they could bring upon the U.S.
Technology

Is There a $200 PC In Your Future?

We've all seen the retail price of personal computers (PCs) drop in recent years, but could they possibly fall to a low of $200 by the end of next year? Industry analysts are divided on this issue.Some analysts believe companies like eMachines Inc., who already sell computers for less than $400, will make this prediction a reality.
Technology

Guru.com Provides Services and Support for Business Consultants

Freelancers and small business owners, this one is for you! If you're looking for an electronic support site, check out Guru.com. The site, which went live in June, is slated to offer a host of services for the nation's 25 million self-employed professionals when it is fully operational later this fall.Site creators Jon and James Slavet refer to independent professionals as gurus, and plan to provide everything from vendors for health insurance and bill collection, to expert advice. But the site's biggest draw may be the new job-matching service.
A&A

Dow 41,000?

Are you ready to run with the bulls into the next decade? According to author and prognosticator Harry S. Dent, you should be. In his latest book, "The Roaring 2000s Investor: Strategies for the Life You Want," Dent predicts the current stock-market boom will continue into the first decade of the new millennium and could take the Dow as high as 35,000 to 41,000 at the top of the boom. After the boom, Dent sees a long period of recession or depression beginning around 2009.
Practice

The Biggest Myth In Sales

Did you hear the one about great salespeople being great talkers? They have the gift of gab and they dazzle their customers into buying anything. Some salespeople even believe it. It’s the biggest myth in sales. Here’s how it got started and why it is a myth.News travels fast. The poor salesman seems to leave a more lasting impression on the customer than the great salesperson, who makes selling look easy. Poor salespeople get remembered for their excessive talking and the word gets around.
Practice

PR Strategies

A strong public relations program can help your firm in many ways. It helps extend your advertising efforts, it lends credibility, and it helps brand your firm’s image in the marketplace. PR also can inspire your employees and reassure clients they are working with a world-class firm.Here are a few strategies to boost your PR program.Press ReleasesSet a goal of writing one press release a month. You can write about product changes and improvements; new employees, service awards, board of director nominations; and more.
A&A

Plan Carefully to Avoid Tax Burden from Online Trading

Remember the story about the cobbler whose children had no shoes? In the accounting arena, don't be surprised at tax time-especially if you provide tax advice yourself-by a tax burden based on any gains you experienced from online trading.Since online trading is such a hot "commodity," many taxpayers will no doubt have problems come tax time. Remember the differences between stocks held for less than a year versus more than 12 months.
Practice Management

Financial Advice Must be Geared to All Income Levels

As a provider of financial advice and counsel, do you want to exclude a potential client because of his or her ability to afford your services?Many CPAs and accounting professionals dispense financial advice, and many also hold the CFP or Certified Financial Planner designation offered by the Certified Financial Planner Board of Standards.

Unemployment Rate Falls to 30-year Low

The U.S. Labor Department just released its September unemployment statistics, marking a 30-year low with the rate of 4.2 percent. Overall, the nation's jobless rate has stayed below 4.4 percent since March 1999.Also released were figures regarding the number of payroll jobs, which fell in September by 8,000 positions. The number of positions typically is affected by a major change either in the economy or another sort of large populations-affected change like a natural disaster.
Technology

Internet Tip: Brush Up On Your Techno-Glossary

The techies in your office are constantly bringing you information about ISPs, LANs, WANs, bump mapping, P3P, DSTP and other terms that most people don't know and don't want to know about. Luckily for the majority of us there is a technology encyclopaedia available on line, which defines this alphabet soup of today's technical lexicon.

SEC's Levitt "Gravely Concerned" Over Auditor Roles

For the first time in recent history, the Chairman of the SEC blasted the way that auditors do their jobs, and suggested the need for a full time self-regulatory body to ensure the credibility of audits.Addressing a blue ribbon panel investigating the effectiveness of audits, Levitt sharply criticized auditors as playing a major role in the disturbing trend of company's "managing" their earnings.Mr.

AccountingWEB Weekly News Wrap-up - Issue 12

============================================================== The AccountingWEB Newswire - Issue 12 October 8, 1999 http://www.accountingweb.com============================================================== In the headlines this week:1. AOL Releases Version 5.0 -- BUT WATCH OUT !!!!!!2. Consolidator Update: CBIZ Looking To Possibly Sell Itself?3. 401(k) Plan Administration Just Got EZ4. Microsoft To Offer Software For Rent5.

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