News

Microsoft Revamps Certified Solutions Provider Program

To help deal with some of the confusion surrounding failed dotcoms, the booming ASP (Application Service Provider) marketplace and its own .NET strategy, Microsoft has announced that it has re-engineered its Certified Solutions Provider Program.The announcement was made at the fall Internet World show in New York City. The new name is Certified Partner and the name was chosen in support of the company's huge network of partners and its ongoing relationship with them to foster business.In fact, Microsoft also announced it will invest more than $1 billion in partner relationships in 2001.
Tax

Election 2000: How are Singles Affected by Tax Issues?

With the presidential election less than two weeks away, it seems that both candidates may have overlooked a significant section of the population - single adults, 25 to 64 years old.The realization that Governor George W. Bush and Vice President Al Gore are concentrating their tax-break strategies on working families and the elderly became evident during last week's debate in which a young woman asked a question during the town hall meeting pertaining to tax breaks for her demographic set.Neither candidates respond very well.

Marketing Your Web Site

AccountingWEB was fortunate to host Glen Christopher, Internet consultant, in a live workshop that focused on techniques for marketing your web site.Mr. Christopher provided many tips for gaining web site visibility, including these six strategies:1. Use e-mail and e-zines2. Participate in chat groups and forums3. Include your web site address on all business cards and correspondence4. Partner and exchanges links with other sites5. Seek out banner ad bargains6.
Community News

Spotlight on Clark, Schaefer, Hackett & Co.

AccountingWeb ProfileClark, Schaefer, Hackett & Co.Clark, Schaefer, Hackett & Co.: An Accounting Firm That Sweats the Small StuffThe staff in most of the larger accounting and consulting firms would readily admit—off the record, most likely—that their firm is too bogged down in increasing the bottom line to factor in the care and feeding of its employees as an integral part of the firm.

Kathy Eddy Takes over Helm of AICPA

Kathy G. Eddy was inaugurated this week as Chair of the AICPA's board of directors, replacing Robert K. Elliott. The announcement was made at the Las Vegas meeting of the 350,000 member organization.Coming from a small firm herself, Kathy Eddy is determined to make the AICPA seem like home to CPAs and firms of all sizes.
Tax

Senate Finalizes Tax Package

The moment we've been waiting for - tax legislation has finally made its way through the Senate, but there is concern the chamber may have gone too far.

<FONT color="orange">Plan Now For a Spooky Office Halloween!</FONT>

Halloween's almost here - are you ready?Celebrations at the office are commonplace these days, as more and more of us want to have an 'adult' Halloween party with our co-workers and friends.Start with a policy - do you want to decorate the office or are there safety issues to consider?If you decorate, start now in anticipation of the big day. Find inexpensive decorations at local craft stores. Items like bags of cotton make great spider webs when stretched.Distribute candy, and ask the boss to help fund the sweets.

AICPA Moves Ahead With Cognitor Designation

Even though several of the world's accounting organizations have shown mixed support for the 'Cognitor' designation, the American Institute of CPAs has decided to move ahead with its plans to create and implement the global designation.The decision was made this week at the Fall Council meeting in Las Vegas, and only was agreed to thanks to wording supplied by the Ohio Society of CPAs.
Community News

Andersen & CollegeNet Expand to UK

Arthur Andersen, LLP and Atlanta-based CollegeNet are crossing the Atlantic to deliver online learning throughout the United Kingdom.The courses are targeted at the U.K.'s small business community, with a philosophy that this size business wants to take parts of courses in shorter segments rather than spend the time and money on an entire course.

SEC Takes One Step Back

SEC Chairman Arthur Levitt has indicated his willingness to take steps toward "mending and renewing the relationship between the SEC, the AICPA, and the [accounting] profession" in an address Tuesday to members of the American Institute of Certified Public Accountants.Levitt has been in the news repeatedly over the past year regarding his pro
Technology

Pay Your Bills Online?

A new service offered by the United States Postal Service, USPS™eBillPay, enables you to pay and view your monthly bills online for a monthly fee of $6.00 per month for up to 20 transactions. You are able to pay anyone in the United States that you would normally pay by check or automated debit, with the exceptions of, state and federal tax payments and court-ordered payments. The service allows you to set up a payee by entering payee information such as payee account number and the payee's address and phone number.
Community News

Grant Thornton to Sell E-Business Consulting Practice

Grant Thornton LLP, the leading U.S. accounting tax and management consulting firm serving middle-market, entrepreneurial companies, has agreed to sell its 450-person e-Business consulting practice to Hitachi Ltd. for approximately $175 million.Grant Thornton had announced plans last February to sell its e-Business Consulting Group. The consultancy group, headquartered in Dallas, enjoys annual revenue of about $90 million and has 15 U.S.
Technology

New Face in D.C. Could be an IT Czar

If Congress has its way, there may be a new face in Washington politics with the title, IT Czar.The position is considered to be a panacea to the ongoing problems plaguing the world of cyberspace with regard to regulations, security and other issues.A report published yesterday on AccountingWEB describing the lacking of security within Federal government agencies highlights the need for an IT Czar--or what would be more commonly known as a Chief Information Officer--who could take on the role of applying a knowledge of the IT revolution to government.Earlier this fall, Congress held h
A&A

Credit Card vs. the Bank Loan: Which is Better?

It's a common problem of our times. You, a client or someone you know wants to buy something, but may not have the cash readily available to make the purchase. What would you do, or advise your client to do?Experts say that the annual percentage rate (APR) probably would be lower for a bank loan, even an unsecured loan, than most credit card rates. Compare the two. A credit card with a 19 percent interest rate versus a bank loan with a 15 percent rate would yield a savings of $70 over a three-year period of paying back a $1,000 loan.
Technology

Amazon Secure About SEC Accounting Probes

Mega online retailer Amazon.com has gotten a taste of what the accounting industry is going through with regard to an SEC probe.The SEC has been in discussions with Amazon for the past month and has now launched an information inquiry into accounting practices revolving around Amazons partnerships with certain vendors.

Marketing Your Web Site, with Glen Christopher

Marketing Your Web SitePresented by Glen Christopher, Christopher & Associates

Joe Hurley

JOE HURLEYSavingForCollege.comJoseph F. Hurley, CPA is a certified public accountant with over 20 years of experience in providing tax-planning services to individuals, corporations, and tax-exempt organizations.

Levitt Takes on Accountants in Las Vegas Showdown

The casino city of Las Vegas, Nevada, today hosts a heavyweight confrontation between the main adversaries in the battle of auditor independence as Securities and Exchange Commission chairman Arthur Levitt takes on the American Institute of Certified Public Accountants.Crusading chairman Levitt has made auditor independence the cornerstone of his term of office, which could come to an end if George W. Bush wins the presidential election in November.
Tax

Frequent-Flier Miles . . . and Taxes!

Frequent-flier miles are so widespread today that they can almost seem like another form of money. Frequent-flier mile awards have even become an issue in some divorce and estate cases. The federal government has considered taxing frequent-flier miles.After careful thought and research, the IRS studied the matter and decided the expense of monitoring and enforcing a tax on frequent-flier miles would be too much of an expense for the government.

Congress Should 'Butt Out' of FASB Issue

J. Edward Katz, an accounting professor at Penn State University, claims members of Congress don’t understand the accounting issues at hand in the recent controversy over a proposed Financial Accounting Standards Board (FASB) ruling regarding the accounting treatment of merging companies.FASB is proposing doing away with the pooling of interests method of accounting when companies merge.

Pages


Already a member? log in here.