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Technology

Don't Dial 411 - Find Phone Numbers, Addresses On-line Quickly

The next time you need a phone number, address, directions or zip code for a client, business associate, or long-lost friend, don’t pay 75 cents or more for that information, just logon to 411.com or SwitchBoard.com and search for the information you need.You can search for names of individuals, or find businesses or business categories using the on-line yellow pages.

Overseas Investors Get Guidance from PwC's Opacity Index

PricewaterhouseCoopers has released the initial results of research prepared by a team of economists under the auspices of the PwC Endowment for the Study of Transparency and Sustainability.

Stock Exchanges Go Decimal Today

Effective today, fractions are no longer welcome on both the New York Stock Exchange and the American Stock Exchange. Both exchanges will trade all stocks in decimals, the last step in a government-mandated move that has been planned for three years. Close to 5,000 stocks were due to be switched when trading begun today. The switchover will not involve all U.S. stocks, at least not yet.
Community News

Developing a Business Plan for Success

If you're a self-employed accountant, you're doing your business a disservice if you haven't prepared a carefully thought-out and written business plan.Ugh, you're thinking. That's a lot of hard work, and I don't even know how to get started. Besides, my business has been rolling along fine without a hard-and-fast plan. The world's changing too fast anyway, right?
Tax

Tax Tip: Dependents

So your daughter is off to college and you're wondering if you can still claim her as a dependent? Well, a person who would be claimed as your dependent must meet five tests:Member of Household/Relationship Test -- the person must be a relative or live in your household all year Joint Return Test -- the person can't file a joint tax return with someone else unless it is only to claim a refund of tax withheld Citizenship Test -- the person must be: a U.S.

Take Charge of Overwhelming Projects

You know you need tackle that high-priority project, but you make a few phone calls, you sort through yesterday's mail, and before you know it, it's lunchtime. Even the most focused people tend to put off getting to work on overwhelming projects - maybe because of the size of the project, the complexity, difficulty - or all three. Get a clear picture of the entire project and prepare a step-by-step plan for completing it. When you think about doing something on the project, don't focus on the entire project, instead, focus on a quick five-minute task or a small work session.
Technology

Outlook Tip - Quickly Address Messages to Multiple Contacts

Preparing an e-mail message in Outlook that is addressed to multiple recipients can involve several steps: First, create your e-mail message; next, open your Address Book; and finally, add the recipients to the To line one a time. Here is a simple shortcut for addressing and sending an e-mail to multiple recipients:Click Contacts. Select the contacts you want to send a message to by clicking on the first contact, holding down the CTRL key, and then clicking the additional contacts to receive your message.
Tax

Tax Tip: Gambling Income and Expenses

Hit a big one lately? With more and more gambling establishments, the IRS reminds people that they must report all gambling winnings as income on their tax return.Gambling income includes, but is not limited to, winnings from lotteries, raffles, horse and dog races and casinos, as well as the fair market value of prizes such as cars, houses, trips or other non-cash prizes.Generally, if you receive $600 or more in gambling winnings, the payer is required to issue you a Form W-2G.

CCH’s Fifth Annual Picks for Quirky Court Cases

CRIME, PUNISHMENT TAKE CENTER STAGE AS NEW CAST OF CHARACTERS CONFRONT THE IRS IN COURT
Tax

Small Biz Tax Relief: What's Cooking?

Self-employed individuals and small firms pay approximately $800 million in taxes that the federal government collects each year. Senator Christopher "Kit" Bond, Chairman of the Senate Committee on Small Business, wants to do something to relieve their tax burden.Bond today introduced the "Small Business Works Act of 2001," designed to complement the broad-based tax relief package proposed by President Bush."With an economy that appears to be slowing, small businesses are likely to be among the first affected.
Community News

Arthur Andersen: New Woes in Arizona

As if a series of pending lawsuits regarding a controversial audit of the Baptist Foundation of Arizona weren't enough to keep the sunbelt accountants busy, now it seems the Big Five firm of Arthur Andersen has been the subject of yet another investigation.Andersen's 1994 audit of home builder UDC Homes, Inc. produced a clean bill of health for the company's financial statements.

AccountingWEB Weekly News Wrap-up - Issue 79

The AccountingWEB Friday Wrap-Up Newswire - Issue 79January 26, 2001* * This week's newswire is sponsored by Macola * *FREE OFFERYour job can be overwhelming if you don't have the right software. Macola's Progression Series software provides an easy-to-use, low maintenance product set that satisfies the broad functional needs of small and medium size enterprises. Request a FREE Multimedia CD NOW! Call us at 800.486.0834 ext.
Technology

Free Accounting-Related Downloads on the Web

ASPs. Online Accounting. Web-based filing.

Worldwide Accounting Standards Gaining Momentum

A new International Accounting Standards Board was appointed today and charged with the task of tackling the tangled mess of different country-by-country accounting standards to devise a single set of accounting rules by which all of the world's nations and businesses can function.The group was named by the International Accounting Standards Committee, a group comprised of financial professionals from 14 countries and chaired by former Federal Reserve Chairman Paul Volcker.
Tax

Tax Tip: Record Keeping

You can avoid headaches at tax time by keeping track of your receipts and other records throughout the year. Good record keeping will help you remember the various transactions you made during the year, which may help you out on your taxes.Records help you document the deductions you've claimed on your return. You'll need this documentation should the IRS select your return for examination.

F9 Software in Accounting Today’s Top 100

Accounting Today has named Synex System’s F9 Financial Reporting software as one of the "Top 100 Software Products" for 2001.

OSHA - Updates on Ergonomics Ruling

OSHA's new ergononmic rules, which went into effect on January 16, 2001, cover all U.S. workers not employed in the agriculture, construction, railroad or maritime industries — in other words, 102 million workers in virtually every other line of business, big or small.
Practice Management

Outsourcing Your Payroll Systems, with Rob Basso

Outsourcing Your Payroll SystemsPresented by Rob Basso, President of Advantage Payroll ServicesContact Rob at Rob_basso@advantagepayroll.comJanuary 25, 2001Visit the AccountingWEB Workshop Calendar for upcoming sessions.SummaryThursday's workshop session was filled with useful information and answers to questions about outsourcing pay
Education & Careers

Dressed in Sweat Pants and Working Hard

The traditional nine to five, or should we say nine to nine this time of the year is not the only way to make a living!
Practice Management

FASB Reconfirms Position: No More Pooling Allowed

In continuing its redeliberations of the September 1999 proposed Statement, Business Combinations and Intangible Assets, the Financial Accounting Standards Board (FASB) tentatively decided at today’s public meeting to eliminate the pooling-of-interests (pooling) method of accounting for business combinations. All business combinations would be accounted for under a single method - the purchase method. The pooling method would be eliminated following issuance of a final Statement.

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