Accounting

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  • Tips for organizing your overflowing inbox

    Financial Planning Digest
    21 May 2015 | 10:21 am
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  • PHP MySQL Database Access

    ImprovisedTech
    chriswtech
    20 May 2015 | 1:03 pm
    PHP MySQL Database Access So you want to learn how to use PHP to access a MySQL Database? I think I can help…. I have been using PHP to insert and retrieve data from MySQL for a few years now. The hardest part of learning to script in PHP was finding examples of how to do simple tasks. Seems that everyone wants to show the novice scriptwriter these over complicated and often confusing ways of doing something simple. Now I know there are accepted practices for writing secure scripts that sanitize this and that, but sometimes you just want a quick and dirty explanation of how to…
  • How to Onboard New Clients & Manage a Remote Team : The Chad Davis Interview

    Jetpack Workflow » Blog
    Jetpack Workflow
    12 May 2015 | 5:36 am
    This week we’re excited to release our latest growing your firm interview with Chad Davis, Partner at LiveCA. In this interview, we cover: Chad’s dream profit margin, but why he’s not obsessed with getting there How they manage a remote team through unique metrics (such as “mushy points”) and more How they created a world-class onboarding... Read more » The post How to Onboard New Clients & Manage a Remote Team : The Chad Davis Interview appeared first on Jetpack Workflow.
  • Dan Wernikoff of @Intuit Shares New…

    Energized Accounting
    Bill Kennedy
    13 May 2015 | 12:23 am
    Your #Accounting system doesn’t get you Opportunities, but it keeps you alive as you look Dan Wernikoff of @Intuit Shares New… We recently had the chance to sit down with Dan Wernikoff, SVP and GM of Small Business Finance Group at Intuit accountantvip The post Dan Wernikoff of @Intuit Shares New… appeared first on Energized Accounting.
  • Get the Most Out Of Your Partnerships

    Goldin Peiser & Peiser, LLP
    4 May 2015 | 7:09 am
    Whether we’re talking about money, information, technology, or vendors, all business leaders need something from someone else. Keeping a close connection with your network helps keep those resources close at hand.
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    CPA Letter Daily

  • Health insurers in some states want to hike premiums

    22 May 2015 | 6:18 am
    Health insurance providers are seeking significant increases in premiums in several states in a move they say is necessary to -More- Checkpoint Learning® Audit Productivity Virtual Conference, June 4 - 5: designed to give you the knowledge, techniques and tips to perform your engagements in the most effective and efficient manner. Featuring multiple speakers and sessions, this two-day event is for everyone with influence on an engagement's planning and execution. Details
  • Understand what it means to be present and accounted for

    22 May 2015 | 6:18 am
    To boost diversity and inclusion efforts, the AICPA has launched Present and Accounted For, a campaign to provide valuable to -More- 
  • Does your internship program follow the law?

    22 May 2015 | 6:18 am
    There are six criteria that the Department of Labor uses to determine whether interns count as employees or volunteers with r -More- How to Audit High-Risk Areas Revenue recognition, internal control over financial reporting, accounting estimates and going concern are areas of the audit that have emerged as particularly challenging and complex. This sponsored report describes these challenges and provides suggestions on how to audit these areas more effectively. Learn more>
  • Fed might let banks use some munis to meet new rules

    22 May 2015 | 6:18 am
    The Federal Reserve has proposed letting large banks use some municipal bonds to comply with liquidity requirements.  -More- 
  • Narrow FASB proposal aims to simplify business combination accounting

    22 May 2015 | 6:18 am
    The Financial Accounting Standards Board issued a proposal Thursday that is intended to simplify accounting for adjustments m -More- 
 
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    re: The Auditors

  • Peter Thiel’s Pursuit Of Technological Progress; It’s Not About Democracy and It’s Definitely Not About Capitalism – Part 3

    Francine
    13 May 2015 | 4:32 am
    As a journalist, a reporter, I sometimes have to read things I would not otherwise. My luxury as a freelance journalist has been to write what I want, for whom I wish, when I want, and charge what the market will bear. But even I, in the interest of good reporting, have to sometimes go to a source document I know I will disagree with, know I will regret having to pay money for only to put on a shelf or in an archive afterward never to look at again except perhaps to seethe. Ben Horowitz, of venture capital firm Andreessen Horowitz, wrote a book, The Hard Thing About Hard Things and it’s…
  • Peter Thiel’s Pursuit Of Technological Progress; It’s Not About Democracy and It’s Definitely Not About Capitalism – Part 2

    Francine
    6 May 2015 | 3:48 pm
    In feedback to my paper, Professor Andreas Glaeser said, “I find your most interesting idea to lie in Thiel-fellowship workers as representatives of an entrepreneurial proletariat of sorts. Or, to put it in another metaphor, Thiel as the orchestrator of entrepreneurial hunger games in a world that is the iron cage to the square.” Professor Glaeser is referring to Max Weber’s “iron cage”. From “Mad Max: Escape From The Iron Cage” on the blog Philosophy for Life by Jules Evans. Max Weber once suggested our society was haunted by the ghosts of dead…
  • Peter Thiel’s Pursuit Of Technological Progress; It’s Not About Democracy and It’s Definitely Not About Capitalism – Part 1

    Francine
    4 May 2015 | 4:51 am
    Last quarter I took two classes towards a Masters in Liberal Arts degree at University of Chicago. One was a study of Hindu texts taught by Professor Wendy Doniger.  She is the famous and controversial professor currently prohibited from entering her beloved India as a result of legal and physical threats based on her books about the Hindu religion. You can become familiar with her work via her frequent contributions to the New York Review of Books. The second class was taught by Andreas Glaeser, a Professor in Sociology in the College at the University of Chicago, and is called…
  • Speaking Engagements/Conferences

    Francine
    6 Apr 2015 | 5:40 am
    I’m on the road visiting universities, attending select conferences and forums and speaking to groups of all kinds. If you would like me to visit your university and your accounting/audit program, please write soon to lock in fall and winter dates. Contact me at fmckenna@mckennapartners.com to schedule a presentation at your university, conference, firm or for a private briefing. Coming Up: May 2, 2015, Guest lecturer. Baruch College/CUNY, Zicklin School of Business, New York, NY, for an advanced auditing class at the invitation of Professor Doug Carmichael. May 4, 2015, Guest lecturer.
  • Deloitte US First Female CEO; There’s More We Don’t Know

    Francine
    2 Mar 2015 | 4:29 pm
    Wouldn’t it be nice if investors and other interested parties could look up Cathy Engelbert in a public and easily accessible registry and find out about all the audit clients where she has been a lead partner or a Quality Control partner? Has she ever been named in a lawsuit or been sanctioned? Let’s hope not. Here’s what I think really matters about Engelbert’s appointment. From my piece at Medium.com. More important than being a woman is the fact that Engelbert is an audit leader rather than a consulting or tax leader. EY’s chose its new US CEO from its tax lobbying…
 
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    Deloitte Global headlines

  • Business Trends collection

    15 May 2015 | 3:01 am
    ​Today’s business leaders need clear, concise and well-informed perspectives on important dynamics that are currently reshaping the business environment. Deloitte’s Business Trends reports deliver just that. While Deloitte doesn't have a crystal ball and can’t predict the future, our network of member firms do have the privilege of serving clients who are creating the future; access to some of the best minds on the planet; relentless curiosity; and a commitment to intellectual integrity and rigor. Deloitte draws upon all of these in the creation of these reports, including the latest…
  • The Social Progress Index

    15 May 2015 | 3:00 am
    For 80 years GDP has been the gold standard for measuring a country's economic progress, but limiting a country's measure of growth and competitiveness to just economic indicators creates an incomplete picture.
  • Supply chain talent of the future

    15 May 2015 | 3:00 am
    Each year, Deloitte's U.S. member firm surveys supply chain executives to understand their top-of-mind issues and the actions they are taking to address them. As accelerating technology development and widespread experimentation with new operating models lead to dramatic supply chain transformation, companies are suggesting that issues of talent is an area of growing concern. Deloitte's survey bore out that sense as only few executives expressed high levels of confidence in the talent in their field—and in their organizations.
  • Focus on: Keeping energy and resources flowing

    15 May 2015 | 2:57 am
    Crisis management in the energy and resources industry
  • Deloitte Digital’s life science accelerator

    15 May 2015 | 2:57 am
    Patient Connect: Comprehensive patient services and care management platform
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    Accounting News and Notes

  • Lord, I Believe; Help MY Unbelief

    John Dillard
    20 May 2015 | 8:11 am
    Lord, I Believe; Help MY Unbelief. Mark 9:24 For some reason I think about “faith” much of my time.  For me the term faith is keynote to being Christian and it is here I fully recognize Satan’s attack on me. It is only human, I believe, to at times wonder about my faith when you see or hear the scientific world come with some very reasonable theories that seemingly contradict my belief. This is exactly what Satan lays back a waits for because he preys on weaknesses. The only way I can overcome these doubts is to go to the real truth, my letter from God himself, the Bible.
  • Do You See People in Life as OPPORTUNTITES or as PROLEMS?

    John Dillard
    20 May 2015 | 3:51 am
    Do You See People in Life as OPPORTUNTITES or as PROLEMS? Jesus told us many times “I never promised you a rose garden” and in fact that this world would be hard. Just as it was hard on HIM. I know your world is hard. VERY hard. And at times that all around you it seems as if work, neighbors and life do everything it can to “bring you down”. I often think about those on the Navajo Indian reservation where we lead a family mission trip every July and those who are homeless under the bridges of Atlanta and how I’ve stopped and touched them not just physically but where it matters.
  • Aicardi Syndrome is an x-linked genetic disorder that affects only girls. There are only 300-500 cases worldwide.

    John Dillard
    19 May 2015 | 5:14 am
    Dear Emmaus Brothers, Luke 5: 18:19 And behold, some men were bringing on a bed a man who was paralyzed, and they were seeking to bring him in and lay him before Jesus, but finding no way to bring him in, because of the crowd, they went up on the roof and let him down with his bed through the tiles into the midst before Jesus.  I include this verse to emphasize the faith of  friends of this man to do a good deed for him. We can do such a thing for our Emmaus brother Kevin Clement and his daughter Morgan.  Our special little red-headed angel has an extremely rare neurological, seizure and…
  • Just bow your head or look straight up and yell, ‘HELP’!!!

    John Dillard
    14 May 2015 | 4:50 am
    Just bow your head or look straight up and yell, ‘HELP’!!! I heard someone say how stressful a week they were having and I began to wonder how long it had been since I felt like I was stressed to the limit. Well I can say it has been quite some time since I felt like I was stressed out. I guess a lot of that comes with age, children grown, money has never been a great concern to me, I have very few responsibilities at my part time work, what little stress that may come up I have learned to control it with a little help from my Friend. It seems to me that people who get themselves…
  • Is Friendship and Love the Same???

    John Dillard
    11 May 2015 | 2:46 pm
    Is Friendship and Love the Same??? The dictionary defines friendship as, “a person whom one knows and with whom one has a bond of mutual affection, typically exclusive of physical/family relations.” Love is defined as, “an intense feeling of deep affection”; “a person or thing that one loves”. Another is similar but includes physical relations. For my purposes we are not going to consider physical relations. I am sure that most of us if not all have or have had that person or possibly persons that you were willing to exchange the deepest, possibly darkest…
 
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    CPA ZONE

  • CPA Exam Tip: How to Study Smarter (1:46)

    Brenda Mizgorski
    22 May 2015 | 11:56 pm
    Master the skill of studying smarter...not harder. Your study environment, study companions, study resources and lifestyle can all be maximized to contribute to efficient studying.Tune into the video as CEO and renowned CPA Exam instructor Roger Philipp, CPA teaches you how to study smarter!
  • Bae and the CPA Exam ;-)

    Brenda Mizgorski
    30 Apr 2015 | 12:19 pm
    "And this is where the word "bae" originated." - CPA Exam Club member, Chandni lols
  • Sure does feel like it!

    Brenda Mizgorski
    19 Apr 2015 | 11:29 am
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    NJCPA Exam Cram Blog

  • Took the Audit Exam

    Joseph Hark
    19 May 2015 | 7:43 pm
    I spent all last week studying for the audit exam and took it on Friday May 15th. In the days before the exam I tried to force myself to study by going to my parents office from 9 am -...
  • First Post!

    Alexa DellCioppia
    13 May 2015 | 11:54 am
    I cannot believe that yesterday I completed my undergraduate degree at Seton Hall! I am very excited to begin my professional career, but the fact that school is over (for now) has not hit me. This is my first post...
  • In the Books

    Conor Higgins
    12 May 2015 | 1:41 pm
    Last week I turned in my last final and my academic career is in the books. Now to hit the books....well sorta. This past week has been difficult to study for the CPA exam simply because I've had to balance...
  • Back at it

    Joseph Zapf
    7 May 2015 | 2:00 pm
    So, the busy April 15th deadline is now a few weeks past us, and that means back to the Becker books for me. The last thing I want to do is sit inside and study as the days get nicer...
  • 25% Of The Way There...

    Joseph Hark
    7 May 2015 | 1:57 pm
    Hello fellow aspiring CPA's. My name is Joe Hark and I am about to graduate from Bentley University with a Masters in Accounting. I will be starting full time work as an auditor with Deloitte in the fall. So far,...
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    AccountingCoach

  • What is leverage?

    AccountingCoach.com
    21 May 2015 | 5:25 am
    In accounting and finance, leverage refers to the use of a significant amount of debt and/or credit to purchase an asset, operate a company, acquire another company, etc. Generally the cost of borrowed money is much less than the cost of obtaining additional stockholders’ equity. As a result, it is usually wise for a corporation to use some debt and leverage. Perhaps this is one of the reasons that leverage is also known as trading on equity. Financial ratios such as debt to equity and debt to total assets are indicators of a corporation’s use of leverage. In these ratios debt is…
  • What is the bookkeeping equation?

    AccountingCoach.com
    18 May 2015 | 6:34 am
    The bookkeeping equation for a sole proprietorship is assets = liabilities + owner’s equity. The bookkeeping equation for a corporation is assets = liabilities + stockholders’ equity. The bookkeeping equation is also referred to as the accounting equation. In the bookkeeping equation: assets are the resources owned by the business liabilities are the amounts the business owes owner’s equity is the amount the owner invested plus the net income of the business minus the amounts the owner withdrew for personal use (all since the business began) Often it is said that the…
  • What is accounts payable?

    AccountingCoach.com
    14 May 2015 | 9:27 am
    Accounts payable may refer to: A section of the accounting department that is responsible for processing vendor invoices and other bills for goods and services that a company received on credit. The title of the current liability account containing the amounts owed for vendor invoices and other bills that have been approved but not yet paid. The balance in Accounts Payable is expected to be a credit balance. Amounts owed which did not involve a promissory note. If a promissory note is involved, the account Notes Payable will be used instead of Accounts Payable. If the company owes for goods…
  • What is gross margin?

    AccountingCoach.com
    7 May 2015 | 8:18 am
    Gross margin is the difference between 1) the cost to produce or purchase an item, and 2) its selling price. For example, if a company’s manufacturing cost of a product is $28 and the product is sold for $40, the product’s gross margin is $12 ($40 minus $28), or 30% of the selling price ($12/$40). Similarly, if a retailer has net sales of $40,000 and its cost of goods sold was $24,000, the gross margin is $16,000 or 40% of net sales ($16,000/$40,000). It is important to realize that the gross margin (also known as gross profit) is the amount before deducting expenses such as…
  • What is standard costing?

    AccountingCoach.com
    30 Apr 2015 | 7:24 am
    Standard costing is an accounting technique that some manufacturers use to identify the differences or variances between 1) the actual costs of the goods that were produced, and 2) the costs that should have occurred for those goods. The costs that should have occurred for the actual good output are known as standard costs. Standard costing is likely integrated with a manufacturer’s budgets (profit plan, master budget) for an accounting year and involve the product costs: direct materials, direct labor, and manufacturing overhead. With standard costing, the accounts for inventories and…
 
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    CPA Success

  • What would Google do, if it were a CPA?

    20 May 2015 | 7:27 am
    You might have seen the iconic rubber wristbands with the letters WWGD — or maybe you've read the book, What Would Google Do? by Jeff Jarvis. Pictured at left is the linear-vs.-exponential growth curve by Singularity University and Evolution partners in Australia.  That acronym, WWGD, has become the mantra of people and organizations trying to make sense of this rapidly changing and complex world. To many, it means the legendary Google 20 percent time for innovation. For others, it is Google's open and collaborative offices on the famous Googleplex. Still others see it as…
  • Wynne verdict is in: Supreme Court strikes down Maryland tax law

    18 May 2015 | 12:25 pm
    The U.S. Supreme Court has spoken: Double-taxing the income that Maryland residents earn in other states is unconstitutional. In a 5-4 ruling, the Supreme Court has struck down Maryland’s income tax law because it does not provide state residents with a full credit for tax paid on income that they earned in other states. The Washington Post’s Bill Turque called it “a ruling likely to cost Maryland counties and localities across the country millions of dollars in revenue.” Indeed, some estimates say the ruling could cost Maryland up to $200 million in refunds to…
  • The future knows no borders. Neither do we.

    14 May 2015 | 4:00 am
    Our name is the Maryland Association of CPAs, but you know what? The events that impact our profession aren’t confined to Maryland. The people who are transforming our profession aren’t all Maryland residents. To help our members grow in a changing and complex world, we need to attend events from coast to coast. We need to build relationships with smart people everywhere. And so we do. We’ve made a conscious effort to connect with the people who are doing groundbreaking work and changing our profession. They’re building the CPA profession of the future, and we firmly…
  • Saving your pennies? Meet ‘Porkfolio’

    12 May 2015 | 7:19 pm
    Don’t look now, Benjamin Bankes, but you’ve got company. The face of the AICPA’s "Feed The Pig" financial literacy campaign looks awfully low-tech compared to Quirky’s “Porkfolio” piggy bank. Billed as “the world’s smartest piggy bank,” Porkfolio scans every coin that’s inserted into its belly and shares that information with the “Wink” app “so you can track your balance and set financial goals from afar.” It even has a motion-detecting security feature that alerts you when Porkfolio has been moved. It’s…
  • Find your vision with MACPA and Sage

    8 May 2015 | 1:49 am
    "Sage exists to help businesses be successful, and the fastest way to achieve that is to help the CPAs that serve them successful." — Jennifer Warawa, Global Vice President at Sage That was the concept behind the development of the Sage Vision to Strategy Workshops being run all over North America over the past few years, and now running across Maryland and facilitated by your MACPA team. (The photo is from the MACPA Beach Retreat in Ocean City.) Watch this short video clip with Jennifer Warawa and yours truly when we ran the first workshop st Sage Summit in 2013. It…
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    CPA Trendlines

  • Radical Customers Are On Their Way

    Beth Bellor
    22 May 2015 | 2:00 am
    Do you create content? You'll need to learn. By Jody Padar The Radical CPA New customers want CPAs to use the latest technology and the next generation of business owners demands it. But what about the legacy customers who you think don’t care? The original owners may not care, true. But your legacy customers are […] The post Radical Customers Are On Their Way appeared first on CPA Trendlines.
  • TECH SURVEY: Email Moves to the Cloud

    CPA Trendlines
    21 May 2015 | 8:31 am
    Accountants move email systems to the cloud. By CPA Trendlines  Accounting Firm Operations and Technology Survey More of America’s CPA firms are choosing externally hosted email systems over internal exchange servers, according to the Accounting Firm Operations and Technology Survey from NMGI and Insight Research Group. Between 2014 and 2015, the number of firms using […] The post TECH SURVEY: Email Moves to the Cloud appeared first on CPA Trendlines.
  • Disability Is Far More Complex Than Death

    Beth Bellor
    21 May 2015 | 2:00 am
    The willingness to return to work may outstrip ability; then what? By Marc Rosenberg Retirements & Buyouts You've probably heard the saying “Disability is worse than death.” The point is that both death and disability are horrendous, catastrophic events. MORE ON BUYOUTS: Even Partner Agreements Must Face Death | 6 Ways to Leave a CPA Firm […] The post Disability Is Far More Complex Than Death appeared first on CPA Trendlines.
  • Keep Close Relationships From Getting Too Close

    Beth Bellor
    20 May 2015 | 2:00 am
    Fears of sexual innuendo and gossip block talent development. By Ida O. Abbott Sponsoring Women: What Men Need to Know A close work relationship between a man and a woman can generate sexual tensions in one or both of them. When the man is older and powerful and the woman is young and ambitious, the […] The post Keep Close Relationships From Getting Too Close appeared first on CPA Trendlines.
  • What’s a Cannabiz Worth? Ask a CPA.

    CPA Trendlines
    19 May 2015 | 6:57 pm
    The top 51 issues in handling valuations of marijuana businesses.  By CPA Trendlines Research The growth of legal marijuana businesses, from growing to retailing, has opened a new niche—or really a bunch of niches—for CPAs. Among them are bookkeeping, internal control, tax accounting and preparation, management, holding companies, and general business council. The opportunities are […] The post What’s a Cannabiz Worth? Ask a CPA. appeared first on CPA Trendlines.
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    Big4.com Blog

  • Previous business strategy consultant for Ernst & Young in the Asia Pacific region talks employee engagement

    20 May 2015 | 5:09 pm
     Abisheg Elijah is responsible for Eliron Advisory’s (www.elironadvisory.com) Strategic Marketing Practice. He is currently helping HR tech start-ups that focus on employee engagement, performance management and leadership. He has consulted on business strategy for Ernst & Young in the Asia Pacific region and also worked with large Indian IT services firms - Infosys & Cognizant - and consulted for major US based retail chains. He asnswered a few of our questions about employee...Keep on reading: Previous business strategy consultant for Ernst & Young in the Asia Pacific region…
  • You’re Being Terminated.  How To Accept It And Move Forward

    20 May 2015 | 8:42 am
    [caption id="attachment_40238" align="alignright" width="200"] Michael VanBruaene[/caption] By Michael VanBruaene, Big4.com Guest Blogger Someone recently contacted me to ask my thoughts and suggestions as to what she should do upon being terminated after working for many years for a company.  Below is the email sent to her.  The name below is not her name.  Dear Charlotte, I’ve been terminated a few times due to changes in organization strategy and financial conditions.  It’s never...Keep on reading: You’re Being Terminated.  How To Accept It And Move Forward
  • Relationship Building From the Client’s Side of the Desk

    19 May 2015 | 8:25 am
    By Andrew Sobel, Big4 Guest Blogger Thoughtful client feedback is always illuminating. Of course, you have to be careful about taking what just one client executive says works or doesn't work when it comes to building long-term relationships, and generalize it to all clients. But, having interviewed over 1000 senior executives on this topic, it's remarkable to me how consistent the messages are. Last week I interviewed a senior IT executive at a workshop I was running for a client of mine....Keep on reading: Relationship Building From the Client’s Side of the Desk
  • Capgemini and Guidewire announce successful deployment of a new claims handling platform

    16 May 2015 | 6:05 am
    By Rob Starr, Big4.com Content Manager ...Keep on reading: Capgemini and Guidewire announce successful deployment of a new claims handling platform
  • EY’s New Pension Risk Practice Lead Opens Up

    12 May 2015 | 3:09 pm
    By Rob Starr, Big4.com Content Manager Brad Howard recently joined EY to help lead their pension risk practice. He has over fifteen years of experience consulting with retirement plan sponsors and insurance providers. Brad advises clients’ CFOs, CHROs, and Market Innovation functions regarding different human capital and related finance matters. These include actuarial services, pension funding and risk strategies, plan terminations, asset-liability management, capital strategy, tax plannin...Keep on reading: EY’s New Pension Risk Practice Lead Opens Up
 
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    Success Starts Here

  • Getting To Know All About You - Taking A Deep Dive With One Of Florida's Best And Brightest

    Bailey Ribich
    19 May 2015 | 7:44 am
    By Jill Redavid-Talent AcquisitionInterview with David Luker, Risk Advisory Services Manager, Melbourne, FLMeet David Luker, CPA.  He is a Construction Risk Advisory Services Manager in our Melbourne office.  David is a graduate of Auburn University (Bachelor’s and Master’s degrees in Accounting), and has already achieved a great amount of success in his young career, including becoming a 2014 40 Under 40 honoree.  Read below to learn more about David personally and professionally...How did your career with McGladrey begin?I was actually doing audit and tax for an alliance…
  • 3 Quick Questions: Perspective From Each LOB in Baltimore

    Bailey Ribich
    11 May 2015 | 10:18 am
    by Julie Reahl, Talent Acquisition Sourcing Specialist, Baltimore, MDTAX: Alex Akhaminov, Tax Manager1.Why did you choose McGladrey? I chose McGladrey because it was a bigger office with a large tax practice. Also, I knew I would be working with good clients and good people. I knew a few people who already worked here, so I got to ask them what McGladrey was all about.2.What makes you stay at McGladrey?I work with a great group of people!3.What is unique about Baltimore’s Tax group?We are a group of normal people. We are not “nerds,” and we can talk about stuff other than…
  • Laughing While You Work

    Bailey Ribich
    6 May 2015 | 11:54 am
    Meghan HoustonTalent Acquisition SpecialistMcLean, VAWhat makes your firm different? I hear this question every day when I am speaking with candidates about different job opportunities with McGladrey. Whether the individual is interested in Audit, Tax, or Consulting (our three Lines of Business) my answer is always the same: it’s the people.In fact, when I had five offers on the table nearly three years ago, I chose McGladrey for this specific reason. I knew I wanted to do recruiting, and I knew what I did not want. I did not want a chaotic environment with toxic energy. Anyone that has…
  • I'm Not Just Doing My Job...

    Bailey Ribich
    28 Apr 2015 | 12:25 pm
    Ashley LawlerTalent Acquisition ManagerStamford, CTI'm a Recruiter. Have been for some time. Been at McGladrey for 3 years now, and I have a hard time wrapping my head around that because it's kind of flown by. I began here as a Sourcer, having taken time off to raise a family, and little did I know when I accepted the offer that I would soon know the difference between Internal and External Audit, c-corps vs s-corps, and exactly how many credits someone needs to sit for the CPA exam. To say I've learned a lot from the candidates with whom I speak would be quite an understatement - I still…
  • April New Hire Spotlight

    Bailey Ribich
    27 Apr 2015 | 12:34 pm
    Welcome to all McGladrey new hires in the month of April!Central RegionName: Joe WessbeckerPosition: Manager, State and Local TaxOffice Location: Minneapolis, MNBio: Joe specializes in State Income Tax consulting, including audit and controversy representation, research and planning, refund reviews, nexus studies and voluntary disclosure agreements. Joe has a J.D., Law, from University of Wisconsin Law School in Madison, WI, and a B.A. in Accounting, from Augsburg College. He is a CPA, MN and a licensed attorney in Minnesota and Wisconsin.What is your favorite vacation spot? Anywhere in…
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    Jr Deputy Accountant

  • JDA Talks Crowdfunding Fraud

    Jr Deputy Accountant
    2 May 2015 | 4:32 pm
    There are a few things I'm truly passionate about. Federal Reserve asshattery. Cat rescue. Personal freedom and responsibility. So when most of those (except the Fed) aligned after a reporter in Philadelphia reached out to me to be a part of her story on GoFundMe fraud, I was all in.I started the Go Fraud Me Facebook page after I encountered resistance from GoFundMe to shut down a fraudulent fundraiser started by the elementary school dropout neighbor of Bart the "Miracle" Cat, a cat in Florida who somehow miraculously rose from the dead after being buried for 5 days. Yeah no. That's no…
  • KPMG's Choice of a Female CEO Only Proves How Far We Have to Go to Achieve True Gender Equality

    Jr Deputy Accountant
    25 Apr 2015 | 6:56 pm
    Here we go again. I'm a little late weighing in on this -- except for a short quip on Twitter -- because, forgive me, I'm just not all up in the accounting news these days now that I've been released from my leash as Managing Editor of Going Concern.But when I saw this, I just had to say something:Good for KPMG! A female CEO! @KPMG_US: Lynne Doughtie will be the next Chairman & CEO of KPMG, starting July 1. http://t.co/J07AeVPj9C”— Lisa Myers (@LisaMyers) April 21, 2015 Why good for KPMG? Because she has a vagina? Wow, talk about sexist.From the KPMG press release:KPMG in the U.S. has…
  • Why This Southern Pickle Company is Everything That's Right With American Business

    Jr Deputy Accountant
    24 Apr 2015 | 10:49 am
    So, the other day I went to dig into a brand new large jar of Mt Olive kosher dills -- a brand I buy because it's "local," founded in 1926 in North Carolina -- when I found myself on the sharp end of a broken jar and a lid that just refused to come off. It was the weirdest thing. I hit the lid several times with the blunt end of a butter knife but it still stuck tight. One last hit and when I tried to twist it, the entire jar shattered at the top, sending pickle juice and glass flying everywhere in my kitchen. Huh, weird. Well I called the Mt Olive customer service line to report the…
  • Getting Your News by Meme Only Makes You Look Stupid, As Evidenced By This Stupid Ass Ted Cruz Meme

    Jr Deputy Accountant
    18 Apr 2015 | 6:09 pm
    So a "friend" posted this other day, accompanied with a bunch of expletives about what a toolbag Ted Cruz is. While I may not find Ted Cruz to be an upstanding, awesome individual, I don't think it's fair to put words in his mouth either.Let's see the meme:Yeah, cool story bro but he never actually said that.Was his talk SUPER Christ-y and a bit douchey? Sure it was. You can read the whole transcript yourself and just find me a mention of GAYS or ATHEISTS. I didn't see one. Please, by all means, correct me if I'm wrong. I can wait.Now he did make the mistake of implying that this country is…
  • Ben Bernanke Blogging Is the Greatest Thing I've Seen All Day

    Jr Deputy Accountant
    30 Mar 2015 | 10:17 am
    Alright, so the day isn't over yet but when I saw Ben Bernanke has started blogging, I squealed with schoolgirl joy.Even better that the esteemed former Chief Executive Moneyfucker over at the Fed decided to defend impossibly low interest rates for his debut entry. Oh, Ben, you make it so easy. Literally.Why are interest rates so low? Will they remain low? What are the implications for the economy of low interest rates? If you asked the person in the street, “Why are interest rates so low?”, he or she would likely answer that the Fed is keeping them low. That’s true only in a very…
 
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    One Accounting

  • Auto-enrolment Exemptions

    Chris Thomas
    18 May 2015 | 6:01 am
    Have you received a letter from The Pension Regulator (TPR) telling you to “ACT NOW” to prepare for auto-enrolment? The letter gives you just a few weeks to nominate a contact to receive communications about auto-enrolment, with the threat of fines or prosecution if you don’t take action. The “staging date” for your business will be stated in the letter. This is the date by which you must have a pension scheme ready for your employees to join, if you do indeed need one. A large number of small companies will be exempt from auto-enrolment, if they don’t…
  • Tired of being in the dark about your cashflow?

    Chris Thomas
    30 Apr 2015 | 7:43 am
    Are you: Concerned you don’t know if you’ve enough money set aside to pay staff and the VATman? tying yourself in knots with Excel cash flow models? expanding your business and need to know if you can afford more staff? just hoping it will all be alright? Well, help is on hand! One Accounting invites you to join us at a special free event on Thursday 14th May to see how Float, a simple-to-use cash flow management app, can help you solve these problems and bring more clarity on how your business finances will look in the future. You’ll hear too from Xero, a powerful cloud based…
  • Fed Up with Your Accounting Software?

    Chris Thomas
    20 Apr 2015 | 2:14 am
    Is your current software difficult to use? Not integrating with your other apps? Fixed to your PC and can’t be used on the move? Not telling you what you need to know? Well, help is on hand! One Accounting invites you to join us at a special free event on Thursday 14th May to show you why thousands of Scottish businesses are turning to Xero, which cures all these problems. You’ll hear too from the founders of Float, an easy-to-use cash flow forecasting app which integrates with Xero. And we at One Accounting will show you how a tech focused accounting firm can help you save time and…
  • Charities and tax

    Chris Thomas
    8 Apr 2015 | 7:59 am
    If you help to run a charity you need to keep on top of the tax and audit regulations that apply to charities, and the gift aid scheme. A person with earnings or pension income of less than £10,600 and interest of up to £5,000 will pay no income tax in 2015/16. These individuals should not make gift aid declarations for donations made on or after 6 April 2015, as they do not pay the income tax which the charity reclaims in respect of that donation. As a charity you can reclaim tax online which has been deducted from bank interest, or is due back under the gift aid scheme or gift aid small…
  • How Can I Give My Money Away?

    Chris Thomas
    31 Mar 2015 | 6:26 am
    An unusual question for this weeks’ blog post, but not an uncommon one. A client called to say that he wanted to give some money away to a friend, but was unsure of the tax consequences. Would the friend have to pay tax on the money? Would the client have to pay tax? Or does the payment fall outside of the tax system? The Basics Straightforward cash gifts between two individuals do not usually attract a tax liability. The theory is that whatever money you have in your bank account has had tax paid on it. For example, your salary will be paid to you after deduction of PAYE/NIC, and if you…
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    JonathanMilligan.com

  • The Top 7 Ways I Use Evernote Everyday

    Jonathan Milligan
    20 May 2015 | 6:37 am
    How to Finally Start Using Evernote to Stress Less and Do More Have you downloaded Evernote, but have no idea what to do with it? My hope is for you to change that today. Have you ever stopped to think how much time you waste every week “looking” for things? In a few simple steps you can make Evernote your “external brain” which will allow you to stress less and get more done. While I have much to share about how I use Evernote, I want to start by explaining the top seven ways I use it everyday. If you are new to using Evernote, it might not be best to start out with all seven at…
  • How to Have a Bright Future When Your World Seems Dark

    Jonathan Milligan
    27 Apr 2015 | 7:52 am
    I was barely able to walk under my own power to receive my high school diploma.  Do you remember what it was like to be a graduate? Whether it was high school or college, there was a buzz in the air. It was both a feeling of accomplishment and an anticipation about the future. A new chapter of your life was beginning. A new hope, a new challenge, a new future was all awaiting you. The day before my high school graduation, the doctor released me to walk without crutches.  Four months earlier, I was on the basketball court fighting for a chance to win the state championship in…
  • How to Pick Up and Dust Off Your Broken Dreams

    Jonathan Milligan
    12 Apr 2015 | 9:00 pm
    Broken dreams. Broken goals. We all have them. We desperately want to see change in our lives, yet we remain the same year after year. What if I told you there is one contributing factor as to why you haven’t changed? This factor is simple in concept, but difficult in practice. You’ve probably heard it before, but never noticed the incredible power it holds in your life. It’s the reason you haven’t seen your breakthrough or inflection point. The principle is simple. In fact, I invite you to write this next statement down on paper and carry it with you for the day. “You…
  • The Biggest Secret to Becoming a Successful Achiever

    Jonathan Milligan
    2 Apr 2015 | 7:57 am
    As a Senior in high school, one of our class assignments was to “shadow” someone at their workplace for a day. I’d always admired my Grandfather’s business so I decided to learn from him for a day. He owned a few small hardware stores in rural parts of Indiana. I still remember that day vividly. He taught me how to put together an “end of the row” sales display. He showed me how to use the “pricing sticker gun” and most importantly he taught me how to price a product for profit. I was only 17 at the time, but I took his advice and applied it to my baseball card selling…
  • The Day They Laughed at Walt Disney for His Dream

    Jonathan Milligan
    9 Feb 2015 | 9:00 pm
    Walt Disney had a movie executive laugh out loud at his dream. Early on in his business to bring cartoon animation to the movie theaters, Disney had what felt like an opportunity of a lifetime. Through much hard work, he had negotiated an appointment with one of the largest movie industry executives at the time. Walt’s plan was to show him his seven minute Mickey Mouse cartoon in hopes that he could secure a contract and have his short films shown in movie theaters across the United States. Walt was especially optimistic about this special meeting in the movie theater that day. He just…
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    Intuit News Central

  • Jennifer Moore Loves Accountants Day #IntuitLovesAccts

    Scott Cytron
    22 May 2015 | 6:42 am
    Intuit celebrated an entire week for this year’s Accountants’ Day, with a specific HURRAH on May 20. Here’s an article by Jennifer Moore that talks about how she celebrated the day – and how Intuit has helped her build a stronger practice. Thanks, Jennifer, for your continued support! Share and Enjoy:
  • QB PowerHour April 16: Preparing Financial Reports for 3rd parties in QuickBooks®

    Scott Cytron
    21 May 2015 | 6:00 am
    In this new episode of QB PowerHour, Hector Garcia, CPA, shares some of his experiences with small business loans. Michelle Long, CPA covers the updates to the new Management Reports feature in QuickBooks Online.  Meredith Wood from Fundera discusses the current environment of business loans and alternate funding sources. Whether you attended and want to see the webinar again – or couldn’t attend due to a conflict – here’s a video you can watch. Click on the box below or here to start the video, and be sure to register for other QB PowerHour webinars. Sessions will be held every…
  • Intuitive Accountant Announces Top 100 QuickBooks ProAdvisors®

    Scott Cytron
    20 May 2015 | 7:45 am
    The 2015 Top 100 QuickBooks ProAdvisors, an annual listing presented by Intuitive Accountant, is now available. Intuit congratulates all of the ProAdvisors who made this year’s list! The highly anticipated announcement of the 2015 ProAdvisor of the year will be held at Scaling New Heights, June 21-14, in New Orleans. Share and Enjoy:
  • Tax Law Changes for 2015

    Dorinda DeScherer
    19 May 2015 | 6:00 am
    With Congress deadlocked over major tax changes, the biggest news for 2015 is what Congress didn’t do. While eleventh-hour legislation retroactively extended some expiring tax provisions for 2014, those extensions do not carry into 2015. So, absent another last-minute legislative fix, your clients should not count on any of these tax breaks for 2015: Election to claim an itemized deduction for state and local sales taxes in lieu of state and local income taxes $250 above-the-line deduction for expenses of teachers Deduction for mortgage insurance premiums Exclusion for discharged home…
  • Intuit’s® Pro Tax Group Participates in CSEA Trade Show in Las Vegas

    Mike D'Avolio
    18 May 2015 | 1:34 pm
    Intuit’s Professional Tax Group participated in a trade show hosted by the California Society of Enrolled Agents in Las Vegas, May 12-13. One of the goals was to build a stronger connection between tax professional/customers and the teams who build our flagship products, Lacerte, ProSeriesand Intuit Tax Online. Laura Grether and Dustin Skoboloff, two of Intuit’s tax analysts, taught classes covering the following topics: TY15 Tax Law Changes, including the Affordable Care Act; Top Timesaving Tips for Lacerte and ProSeries; Preparing Multi-State Returns in Lacerte; and Preparing…
 
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    AICPA Insights

  • How to Help Clients Understand Retirement Housing Options

    Guest Blogger
    21 May 2015 | 7:17 am
    Many retirees see their home as a symbol of comfort and independence that they want to keep as long as possible. However, far too often, reality turns out differently. Most conventional homes present accessibility problems that impair the comfort and independence of elderly people, requiring expensive modifications or an unplanned move to an assisted living facility caused by a health crisis. Whether you’re advising clients ten years into their retirement or helping middle-aged clients plan for their golden years, you’re doing them a disservice if you don’t bring up the sometimes…
  • 3 Things Not-for-Profits Need to Understand about their Finances

    Guest Blogger
    18 May 2015 | 9:37 am
    There are roughly 1.5 million nonprofit organizations in the United States. Many of them are grassroots organizations run by well-meaning volunteers who are committed to the group’s mission, but who may not have knowledge of the numerous complicated rules governing not-for-profits. I learned of these complexities when I joined the board of an all-volunteer sports league in my community. I'm sure many practitioners can relate: because I am a CPA, of course, I was elected treasurer. In this role I gained a deeper understanding of not-for-profit finances. As a result, I've learned three things…
  • Leveraging Technology to Keep Your Firm in Motion

    Guest Blogger
    15 May 2015 | 4:00 am
    We all know that staying current and embracing the latest trends in business are key to running a successful CPA firm. Years ago, accountants relied on columnar pads and general ledger books, while working from 8-5 in the office. Today at most firms, those tools and practices are replaced by accounting and cloud computing software, with flexible schedules and virtual offices. CPAs continue to implement new tools and strategies to optimize the changing professional environment to best meet client and staff needs. Interested in learning more, I sat down with two trailblazers to hear firsthand…
  • Nanny Tax 101: Managing Employer Obligations at Home

    Guest Blogger
    14 May 2015 | 4:00 am
    One of the most important decisions working parents will make is deciding who will get the honor of taking care of their little one during the day. My husband and I decided to hire a nanny to watch our sweet little boy, Henry. We liked the idea of Henry getting excellent one-on-one care from an experienced caregiver, and daycare can present challenges for us in terms of picking up and dropping off our son each day – we may be parents, but our career demands still exist. Hiring a nanny worked well for our situation, but there are certainly administrative and tax responsibilities to consider…
  • Who’s on Your (Fictional) Client Wish List?

    AICPA Communications
    12 May 2015 | 4:00 am
    Ready for some peace and sunshine in your life? In a recent blog, we speculated about TV characters who would make truly awful clients (Walter White, members of the Walking Dead, you get the picture). Now we are focusing on fictional clients who could really take the stress out of life. Which one of these would be your dream client?  Here are our top picks: Carol and Mike Brady, “The Brady Bunch.” So nice, and so many exemptions! In their 1960s sitcom, the Bradys exemplified wholesomeness and charming family shenanigans, so they’re sure to be fun and easy-going clients. The…
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    OSYB Number Crunch! Bookkeeping Tips from Outsouce Your Books.

  • 6 Business You Can Start on the Cheap

    OSYB Staff
    22 May 2015 | 10:01 pm
    Just like with any new business, it’s important to conduct research before you launch to ensure there is a market for your products or services. To learn about your market potential, you can use the SBA’s SizeUp system, which lists all the competing businesses in your area. Read more here. 
  • How to Write Off a Vacation on Your Taxes

    OSYB Staff
    22 May 2015 | 10:01 pm
    By following the IRS rules and scheduling your trip and business activities properly, you will be able to combine business and pleasure, and have the added benefit of deducting many of your vacation expenses. The above rules only apply for travel within the United States. Read more. 
  • 220 Years of Shifting U.S. Population

    OSYB Staff
    21 May 2015 | 10:00 pm
    Via this item at Vox the other day that talked about a pretty interesting Game of Thrones map (by someone who just has a lot of free time on their hands) comes this look at how the center of U.S. population has changed over the last couple hundred years or so.
  • Coverage: Fitbit files for IPO

    OSYB Staff
    21 May 2015 | 10:00 pm
    The company is definitely moving to capitalize on its market share and current profitability status. Fitbit is quickly becoming a household name for a certain set of fitness-obsessed professional. And it’s smart to take advantage of that buzz while possible. But like most IPOs, the true test will be in the company’s long-term performance.
  • 6 Money Moves to Make for Tomorrow’s Mortgage

    OSYB Staff
    20 May 2015 | 10:00 pm
    “My advice is to call a lender as early in the process as you want to,” says David Atis, “You want to work with someone who is ready to go on the journey with you, not someone who refuses to work with someone who isn’t going to close in the next 30 days.” Read more.
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    Online Accounting Software Reviews

  • Xero Free Trial

    Best Reviewer
    22 May 2015 | 7:10 am
    Xero offers a free 30-day trial for each of the three plans: Starter, Standard and Premium. During this period, customers enjoy the same benefits as those who have the full version, but the privilege expires at the end of that month. Users of the trial version do not need to provide a credit card and have access to free QuickBooks conversion. Free 30-Day Trial of Xero Try Xero’s online accounting software free of charge during a 30-day trial period. No credit card details are required, and you’ll have access to all features including QuickBooks conversion. Try Xero for Free The post Xero…
  • Xero Special Promotion

    Best Reviewer
    22 May 2015 | 7:09 am
    From time to time, new customers can take advantage of special promotions. Existing customers can save by purchasing a longer Xero subscription. There’s also a free 30-day trial version that enables you to try out the program before making the decision to subscribe. 30% Discount on All 6-Month Plans Enjoy a whopping 30% discount on any of the plans available with Xero when you subscribe for 6 months instead of choosing for monthly billing. Save 30% on Xero Free 30-Day Trial of Xero Try Xero’s online accounting software free of charge during a 30-day trial period. No credit card details…
  • Xero Reviews

    Best Reviewer
    22 May 2015 | 7:07 am
    Visit XeroFree 30-Day Trial Free Trial Promotion Editor's RatingOverallFeaturesPriceCustomer ServiceMobile Positives Very complete set of features Great mobile app Affordable pricing Responsive customer support Over 400 third-party apps Negatives Payroll support could be better Xero is a progressive and innovative online accounting solution that enables you to manage your accounts more effectively and make your accounting hassle-free. Some of its features include invoicing and quotes, bank reconciliation, inventory, mobile capability, third-party apps, purchase orders and payroll. The mobile…
  • Sage One Free Trial

    Best Reviewer
    19 May 2015 | 8:55 am
    You can use Sage One for free forever, but you’ll be limited to five invoices per month, which would be inadequate for most small businesses. The trial version only links to a single bank account, you won’t be able to add multiple users like your colleagues or accountant, and nor will it process any currency other than US dollars. However, the free version will enable you to get a feel for the software and decide whether it’s suitable for you, and it’s easy to upgrade from within Sage itself. Free Sage One Account Forever Use Sage One for free for as long as you wish to try the…
  • Sage One Reviews

    Best Reviewer
    19 May 2015 | 8:53 am
    Visit Sage OneFree Account Free Trial Coupons Editor's RatingOverallFeaturesPriceCustomer ServiceMobile Positives Easy to use interface Highly customizable Excellent for international businesses Lots of add-ons available Fully integrated, well-designed mobile app Forever-free version Negatives Little FAQs Customer support not 24/7 Sage One is online accounting software aimed at small and medium sized businesses. It is simple and intuitive, and you don’t need to be a professional accountant to use it effectively. Sage One opens with a summary section showing your sales, expenses and overall…
 
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    C/F/R - Cross, Fernandez & Riley, LLP

  • Build a More Cohesive Team

    20 May 2015 | 8:59 am
    A cohesive team of employees that work well together means that your team is productive and efficient. By developing and working through team-building activities, your team can work together to develop trust and establish stronger bonds, promoting collaboration and communication.
  • Protect Your Business Before A Crisis Hits

    11 May 2015 | 12:34 pm
    Oftentimes, many small and even mid-sized businesses become so focused on growing the business itself that we never stop to consider the impact of a key personnel loss. Personnel issues with key people can have a huge impact on your company’s success. As your company grows, it’s important to think about things that could jeopardize your investment, and your company’s future.
  • Get the Most Out Of Your Partnerships

    4 May 2015 | 6:48 am
    Whether we’re talking about money, information, technology, or vendors, all business leaders need something from someone else. Keeping a close connection with your network helps keep those resources close at hand.
  • Email Subject Lines Subscribers Can’t Resist!

    24 Apr 2015 | 11:09 am
    Your list of contacts in your email list are a hugely valuable business asset. The ability to send valuable content to your target audience, all the while building long-term relationships plays a big role in your online marketing efforts.
  • What to Check after an IT Security Incident

    20 Apr 2015 | 7:07 am
    The IT world is changing – with new technology, mobile capabilities, applications and social media, businesses are finding it more and more difficult to protect their important data and comply with ever changing regulations.
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    Presti & Naegele

  • Salvatore V. Russo, CPA, Admitted to Firm as Partner

    Joseph Romano
    1 May 2015 | 9:21 am
    We are pleased to announce that Salvatore V. Russo, CPA has been admitted to the firm as a partner. Sal joined Presti & Naegele in November, 2002. With over 15 years of experience in Public Accounting, Sal has serviced Business and Individual clients of all sizes, operating in multiple states and local jurisdictions, in a variety of industries – including Real Estate, Construction, Medical, Professional Services, Retail and Wholesale. He also specializes in Trust and Estate tax planning and tax compliance. He is an Advanced Certified QuickBooks ProAdvisor. Sal received his Bachelor…
  • April 2015 Newsletter

    Scott
    24 Apr 2015 | 6:07 am
    Steve Grgas discusses how IRS auditors place more focus on partnerships as use of the entity increases.  Also, Joe Romano details how tax reform talks continue in Washington and how they are eager for public input. The post April 2015 Newsletter appeared first on Presti & Naegele.
  • Supreme Court Takes up Challenge to ACA Premium Assistance Tax Credit

    Andrew Presti
    23 Apr 2015 | 11:52 am
    Between now and late June, the U.S. Supreme Court is expected to rule on an important provision of the Patient Protection and Affordable Care Act: the Code Sec. 36B premium assistance tax credit. The Supreme Court has heard oral arguments in King v. Burwell, 2014-2 ustc ¶50,367, where the plaintiffs argue that the IRS erred in extending the credit to enrollees in federally facilitated Health Insurance Marketplaces (also known as Exchanges). Tax credit The Affordable Care Act provides that individuals may obtain health insurance through the Marketplace to fulfill the requirement to carry…
  • April 2015 Tax Compliance Calendar

    Wayne Naegele
    23 Apr 2015 | 11:30 am
    As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines. This calendar summarizes important federal tax reporting and filing data for individuals, businesses and other taxpayers for the month of April 2015. April 1 Employers. Semi-weekly depositors must deposit employment taxes for payroll date March 25–27. Individuals. Taxpayers who turned 70½ during 2014 must start to receive required minimum distributions from their IRAs and workplace retirement plans by this date. April 3 Employers. Semi-weekly depositors must deposit…
  • Tax reform talks continue in Washington, public input sought

    Joseph Romano
    23 Apr 2015 | 11:16 am
    Tax reform percolates in Washington as the new Congress and the White House continue discussions over the scope and reach of tax legislation this year. Administration officials, lawmakers and Congressional staffers have signaled that off-the-record discussions have dealt with some hefty tax reform proposals but, so far, have released few details of these discussions. At the same time, Senate tax writers have opened up the tax reform process to public input. Tax reform discussions The White House and the GOP-controlled Congress have laid out broad tax reform proposals in recent weeks. As in…
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    It's Taxing - Bond Beebe

  • Supreme Court Rules on Wynne vs. Comptroller

    18 May 2015 | 10:39 am
    On Monday, May 18th, the Supreme Court ruled that Maryland’s income tax law for income earned outside of the state is unconstitutional. The court voted 5-4 to affirm a 2013 Maryland Court of Appeals decision. The case specifically addressed Maryland’s denial of credits against the MD county income tax, otherwise known as the ‘piggy-back’ local tax. Going forward, residents who earn out-of-state income from certain businesses/sources will be able to claim a credit against the county taxes paid, too. This decision may cost Maryland an estimated $42 million a year in revenue. This ruling…
  • Reverse Rollover: A Bridge over the Backdoor Roth Trapdoor

    29 Apr 2015 | 8:32 am
    Much has been written about the benefits of Roth versus Traditional IRAs, and over the past several years a popular “backdoor Roth” conversion has made headlines as well. As a refresher, this method allows high-income taxpayers, who are excluded from making direct contributions to Roth IRAs, the ability to make non-deductible contributions to a Traditional IRA, and then immediately convert that amount to a Roth. The net effect, ideally, is minimal tax on any earnings between the date of contribution and the conversion, and years of tax-free growth in a Roth account moving forward.
  • Precise Record Keeping Required on all Charitable Contributions

    24 Apr 2015 | 11:40 am
    There have recently been a series of cases decided by the Tax Courts disallowing charitable contributions due to a lack of proper documentation about them. The rules here (under Code Section 170(f)(8)) are precise and strict: Contributions of $250 or more must be supported by a written acknowledgement from the recipient organization dated prior to your return filing that states the amount of cash contributed and/or a description of any property other than cash, A statement of whether or not the recipient provided any goods or services in consideration of the donation and if so an estimate of…
  • Maryland Tax Amnesty Program

    15 Apr 2015 | 10:34 am
    For Maryland individuals and corporations past due on filing Maryland tax returns and paying Maryland taxes, the Maryland legislature has passed a tax amnesty bill which is awaiting the governor’s signature.  The amnesty will apply to corporate and individual income taxes, withholding tax, sales and use tax or admissions and amusement tax and will waive all penalties and one half of the interest due.  Although the bill takes effect June 1, 2015, the amnesty period will be starting on September 1, 2015 and run through October 31, 2015.  See Senate Bill 763 for more…
  • New Guidance from IRS is Great News for Small Businesses

    26 Mar 2015 | 12:42 pm
    The IRS Provides New Guidance on Tangible Property Regulations The New Repair Rules have been a hot topic in the tax community since their release. While they provided much needed guidance regarding the capitalization and disposal of tangible property, they also required businesses to file numerous change of accounting method forms (3115) in order to adopt them. This put a significant burden on businesses. Fortunately, the IRS released Rev. Proc. 2015-20 a few days ago. This revenue procedure eases the process of adopting the new regulations for small business. Essentially, the IRS will now…
 
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    Investment & Small Business Accountants

  • Career in finance | 4 ways to tell if you have what it takes to be a financier

    chinweike
    22 May 2015 | 7:12 am
    Career in finance is a very rewarding but challenging career choice to make. But just like any job, there are certain characteristics and soft skill sets that make you more likely to succeed in a career in finance. The points discussed in this article apply to all facets of career in finance. Whether you’re planning […]The post Career in finance | 4 ways to tell if you have what it takes to be a financier appeared first on Investment & Small Business Accountants.
  • Basics of Business Insurance for Small and Large Businesses

    chinweike
    17 May 2015 | 5:02 am
    Business insurance is a discipline that has been around for long and has therefore undergone some serious reforms, challenges and criticisms. This is why we need to refresh our knowledge with articles on the basics of business insurance once in a while. One of the fundamentals of integrated risk management is to transfer the risk […]The post Basics of Business Insurance for Small and Large Businesses appeared first on Investment & Small Business Accountants.
  • Small Business Insurance – State the Importance of Insurance to A Small Scale Business

    chinweike
    12 Apr 2015 | 12:11 pm
    In this article, we will state the importance of insurance to a small scale business. I have been asked on several occasions if it is a legal requirement to have small scale business insurance. Well, the answer to this question is that it depends on the industry you operate in and your geographical location. If […]The post Small Business Insurance – State the Importance of Insurance to A Small Scale Business appeared first on Investment & Small Business Accountants.
  • Reasons for Variance Analysis

    chinweike
    7 Apr 2015 | 10:03 pm
    We constantly seek explanations for everything that we do to ensure that we are not just wasting our precious time and resources. Good management practice requires that managers understand the reasons for variance analysis just like every other aspects of business management. We have previously discussed the benefits and drawbacks of variance analysis so now […]The post Reasons for Variance Analysis appeared first on Investment & Small Business Accountants.
  • Accountants are problem solvers and not number crunchers

    chinweike
    4 Apr 2015 | 2:40 am
    Yes, you read the title of this article right. Accountants are problem solvers and not number crunchers. Many young people that would have made good accountants get scared by the mere thought of crunching some numbers. Most of them end up studying non quantitative courses and end up regretting it by the time they realise […]The post Accountants are problem solvers and not number crunchers appeared first on Investment & Small Business Accountants.
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    Goldin Peiser & Peiser, LLP

  • Protect Your Business Before A Crisis Hits

    11 May 2015 | 1:08 pm
    Oftentimes, many small and even mid-sized businesses become so focused on growing the business itself that we never stop to consider the impact of a key personnel loss. Personnel issues with key people can have a huge impact on your company’s success. As your company grows, it’s important to think about things that could jeopardize your investment, and your company’s future.
  • Get the Most Out Of Your Partnerships

    4 May 2015 | 7:09 am
    Whether we’re talking about money, information, technology, or vendors, all business leaders need something from someone else. Keeping a close connection with your network helps keep those resources close at hand.
  • Email Subject Lines Subscribers Can’t Resist!

    27 Apr 2015 | 6:29 am
    Your list of contacts in your email list are a hugely valuable business asset. The ability to send valuable content to your target audience, all the while building long-term relationships plays a big role in your online marketing efforts.
  • What to Check after an IT Security Incident

    20 Apr 2015 | 7:48 am
    The IT world is changing – with new technology, mobile capabilities, applications and social media, businesses are finding it more and more difficult to protect their important data and comply with ever changing regulations.
  • Project Close Out – 4 Crucial Steps

    10 Apr 2015 | 1:32 pm
    While often overlooked, the project close out step is one of the key learning experiences and process improvement activities that can be performed during a projects life cycle.
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    Energized Accounting

  • Marcus Buckingham on 2 Questions Every Leader…

    Bill Kennedy
    13 May 2015 | 3:15 am
    #Accounting key to success->get interviewed by #Oprah! Why didn’t I think of this before? Marcus Buckingham on 2 Questions Every Leader… Marcus Buckingham, leadership guru and co-author of “Now, Discover Your Strengths” says it’s time that managers – and companies – stop wasting their time on outdated leadership practices and start embracing what will have the greatest payoff for teams and … Read » accountantvip The post Marcus Buckingham on 2 Questions Every Leader… appeared first on Energized Accounting.
  • Celebrate with Us! Intuit’s® Global Accountant…

    Bill Kennedy
    13 May 2015 | 2:01 am
    Buy me a drink! @QuickBooksCA National #Accountant Week May 13-22 #IntuitLovesAccts Celebrate with Us! Intuit’s® Global Accountant… Last year, Intuit’s Accountant and Advisor Group dedicated one day to recognize and celebrate our accounting customers worldwide. What could make this year’s Global Accountant Day even better? How about … [Read More…] accountantvip The post Celebrate with Us! Intuit’s® Global Accountant… appeared first on Energized Accounting.
  • Celebrate with Us! Intuit’s® Global Accountant…

    Bill Kennedy
    13 May 2015 | 12:31 am
    Celebrate with Us! @Intuit Global Accountant Week May 13-22 #IntuitLovesAccts Celebrate with Us! Intuit’s® Global Accountant… Last year, Intuit’s Accountant and Advisor Group dedicated one day to recognize and celebrate our accounting customers worldwide. What could make this year’s Global Accountant Day even better? How about … [Read More…] accountantvip The post Celebrate with Us! Intuit’s® Global Accountant… appeared first on Energized Accounting.
  • Dan Wernikoff of @Intuit Shares New…

    Bill Kennedy
    13 May 2015 | 12:23 am
    Your #Accounting system doesn’t get you Opportunities, but it keeps you alive as you look Dan Wernikoff of @Intuit Shares New… We recently had the chance to sit down with Dan Wernikoff, SVP and GM of Small Business Finance Group at Intuit accountantvip The post Dan Wernikoff of @Intuit Shares New… appeared first on Energized Accounting.
  • Intuit Localizes QB Connect

    Bill Kennedy
    12 May 2015 | 4:10 am
    @Intuit thinks globally, but Connects locally – Coming to a city near you! #Accounting Intuit Localizes QB Connect Tax and accounting software vendor Intuit has launched a series of local events running up to its annual QuickBooks Connect conference in October. The QuickBooks Connect Local events will take place in five cities across the U.S. starting late May, offering educational seminars, training sessions and more to small-business owners, accountants and software developers. The events will roll out monthly through October:Boulder, Colo. – May 21Atlanta – June 25Detroit – July…
 
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    The Accountancy Partnership

  • Networking events? But I’m a freelancer!

    kbilby
    22 May 2015 | 1:26 am
    Are you a freelancer or looking to set up your own freelance venture? Great. Do it. You’ll love it and you’ll be awesome. But first, take ten minutes to grab your 10th cuppa of the day and absorb all of our hints and tips on networking as a freelancer. Networking events can be a drag, we get it, but they really are a great way to build contacts, meet the right people and make the most lucrative connections. Working freelance and being your own boss can leave you feeling a little out the loop when it comes to networking. You spend morning, noon and night cooped up in your home office, with…
  • Could the Emoji keyboard transform your customer engagement?

    kbilby
    21 May 2015 | 1:22 am
    Whether you fall into the Generation Y or Generation Z category, stop what you’re doing because it’s time to get on board with Emoji. Far from just a novelty function used by youngsters to express their undying love for Harry Styles, these vibrant little characters could now be the key to your business marketing success. Emo… what?! Emoji. “E-mo-gee”. Deceptively innocent images that can be incorporated into text, email, tweets, Facebook posts and other applications including WhatsApp and Snapchat.  As the saying goes, a picture speaks a thousand words and when the 140-character…
  • What does your business card say about you?

    kbilby
    18 May 2015 | 7:30 am
    After watching cult millennium blockbuster American Psycho and witnessing Patrick Bateman’s infamous envy-induced killing spree, we felt it was our duty to help you get the most out of your business card. Contrary to popular belief, books are judged by their cover and you will be judged by your business card so it’s vital that you project yourself in a way that will give any reader a great reason to get in touch. Despite being considered a dying art by those tending towards new-fangled technology and the digital age, this pocket-sized piece of information can still pack a knockout punch…
  • Freelancers: Beware the lifestyle

    kbilby
    15 May 2015 | 1:51 am
    Freelancing requires a lot of determination, flexibility and motivation. Often, it also requires a lot of computer use – for contacting clients, pitching for work, record-keeping and often for doing the work itself. But sitting in front of a computer for the hours these tasks require can cause serious problems. Let’s look at the two major dangers – and how you can avoid them. CVS A common problem among computer-hogging freelancers is CVS, or Computer Vision Syndrome. It’s caused by your eyes constantly having to cope with glare and readjust as they flick back and forth, aligning…
  • Employment and the Future of our Creative Economy

    kbilby
    11 May 2015 | 5:32 am
    Innovation charity Nesta has been sharing results of their research into the current state and potential future of our creative economy – a sector inhabited by a great many freelancers. Nesta claim that low investment in infrastructure and skills has resulted in low productivity rates in the UK, while a focus on technology has resulted in an inevitable computerisation of the role of many workers, creating a ‘sagging middle’ in the labour market. In the midst of this mess, they say the creative economy is ‘one of the UK’s unsung success stories’ and ‘stands out as a shining…
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    The Cheap Accountants

  • HSBC launches new £8bn lending provision for UK SMEs

    admin
    22 May 2015 | 1:10 am
    Earlier this year Business Minister Matthew Hancock stated that small and medium enterprises are leading our economic recovery and claimed that there has never been a better time to embark on your venture. He also said that the government’s aim was “to make Britain the best place in the world to start and grow a business” and it just might be yet. With increased funding opportunities and financial support, 2015 could well be the golden age for UK SMEs. This month HSBC announced that it has set up a brand new lending provision that aims to support and nurture both start-up and existing…
  • Farmers’ Hopes and Fears as Conservatives Return

    admin
    19 May 2015 | 2:38 am
    In the approach to the General Election, the National Farmers’ Union claimed to understand what its members wanted, and what issues would swing the rural vote. And their opinion shouldn’t be taken lightly; Lord Heseltine has described the NFU as “one of the most effective pressure groups in the UK.” NFU President Meurig Raymond said: “Food and farming provides 3.5 million jobs and £97 billion to the economy. The British public have made it clear that they want to buy more British food… Farmers are up for the challenge, but we need the support and commitment of government to…
  • HMRC on a roll at Tribunal

    admin
    24 Apr 2015 | 2:48 am
    Three separate tax avoidance cases have been recently won by HM Revenue & Customs (HMRC) at the Upper Tribunal, with tax of more than £260m being secured by the organisation. The cases were originally heard at the First-Tier Tribunal, which found in HMRC’s favour. The appellants had taken part in a scheme promoted by NT Advisors, and this is the ninth win for HMRC against the scheme promoters. By combining the rules for Capital Gains Tax and employment income for share options, the scheme created artificial losses. The appeal was dismissed by the Upper Tribunal, without HMRC having…
  • Small Business Act Paves the way for improved SME finance

    admin
    17 Apr 2015 | 2:46 am
    Small businesses are expected to benefit from improved access to finance as a result of the Small Business Enterprise and Employment Act, which received Royal Assent last week. Whilst the wide-ranging small business act covers everything from zero-hours contracts to director qualifications, one of the core components deals with the availability of finance for SMEs and start-ups. Under this new legislation, 10 of the UK’s largest lenders will be required to refer the details of any SME whose loan application is denied, with the SMEs permission, to an online platform that can help match them…
  • Fresh penalties introduced to tackle tax evasion and avoidance

    admin
    13 Apr 2015 | 6:44 am
    Between now and 2020, the Treasury is set to focus on the collection of £3.1bn as tough new sanctions are introduced by the Chancellor, George Osborne. Currently, arrangements for disclosure are lenient, with prosecution immunity and lower penalties offered to those who choose to disclose tax evasion. During the 2015 Budget, the Chancellor announced changes to existing procedures, saying that immunity from facing prosecution will be withdrawn and penalties will be higher. An announcement was recently made by the Treasury’s chief secretary, Danny Alexander, who explained that tax evasion is…
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    Jetpack Workflow » Blog

  • How to Become a Radical CPA: The Jody Padar Interview

    Jetpack Workflow
    19 May 2015 | 5:50 am
    This week we’re excited to have our first returning guest… Jody Padar! In this interview, we cover: What defines a radical CPA and the “new firm” How to incorporate customer experience into your workflow Why pricing is so fundamental to a radical CPA How to engage with new prospects and clients And much more! Click... Read more » The post How to Become a Radical CPA: The Jody Padar Interview appeared first on Jetpack Workflow.
  • How to Onboard New Clients & Manage a Remote Team : The Chad Davis Interview

    Jetpack Workflow
    12 May 2015 | 5:36 am
    This week we’re excited to release our latest growing your firm interview with Chad Davis, Partner at LiveCA. In this interview, we cover: Chad’s dream profit margin, but why he’s not obsessed with getting there How they manage a remote team through unique metrics (such as “mushy points”) and more How they created a world-class onboarding... Read more » The post How to Onboard New Clients & Manage a Remote Team : The Chad Davis Interview appeared first on Jetpack Workflow.
  • Finding the Right Software for Accountants: The Randy Johnston Interview

    Jetpack Workflow
    5 May 2015 | 8:31 am
    This week we’re excited to release our interview with Randy Johnston, Executive Vice President at K2 Enterprises and Owner, K2 Enterprises In this interview, we discuss:  How Accounting firms should think about software and technology implementation  How to review and understand which application will fit your firm  Common mistakes owners make when reviewing their technology stack... Read more » The post Finding the Right Software for Accountants: The Randy Johnston Interview appeared first on Jetpack Workflow.
  • How He Grew from 2-10 Employees in 1 Year…While Working Abroad. The Josh Zweig Interview

    Jetpack Workflow
    22 Apr 2015 | 5:34 am
    This we’re excited to dive back into the next of Growing Your Firm Podcast with our latest interview with Josh Zweig, Parter at LiveCA         In this interview, cover: How Josh found his business partner and why they joined forces How he prices his services and streamline How we manages his team while... Read more » The post How He Grew from 2-10 Employees in 1 Year…While Working Abroad. The Josh Zweig Interview appeared first on Jetpack Workflow.
  • 7 Ways Accountants Can De-Stress After Busy Season Burnout

    Jetpack Workflow
    9 Apr 2015 | 6:16 am
    It’s no secret that busy season burnout is a common occurrence across many firms, and at the end of the day, a successful busy season will always be… well… busy! Which means finding ways to reenergize yourself shortly thereafter is critical to regrouping everyone’s energy and focus. With that in mind, we put together 7 ways... Read more » The post 7 Ways Accountants Can De-Stress After Busy Season Burnout appeared first on Jetpack Workflow.
 
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    Forensic Perspectives

  • Types of Fraud in Business

    Mark S. Gottlieb
    28 Apr 2015 | 10:47 am
    Under former Attorney General Eric Holder’s leadership, the US Justice Department drastically increased its fight against fraud, bringing in more than $24 billion in penalties. This substantial sum came mainly from the department’s pursuit of big banks for financial misconduct. Yet it also increased its crackdown on smaller instances of fraud. Fraud is prevalent in many facets of life, particularly within businesses. This swindling can come in many forms and eats away at a business’s funds. According to the Association of Certified Fraud Examiners (ACFE), on average, businesses lose 5%…
  • Hidden Taxes in Divorce

    Mark S. Gottlieb
    27 Feb 2015 | 12:38 pm
    When the CEO of Continental Resources, Harold Hamm, divorced from his wife, Forbes published an article about the possible tax consequences. The settlement ordered Hamm to pay his former wife $995.5 million. Forbes asked the obvious question: with this kind of hefty transaction, the tax man must surely get his share, right? Not quite. According to law, transfers of property between spouses during a divorce are virtually tax free. Good news for the Hamms. However, there are often unseen tax burdens later on. Code § 1041 of the U.S. Internal Revenue Code lays out the rules for the taxation of…
  • 5 Services Forensic Accountants Provide During a Matrimonial Dispute That May Surprise You

    Mark S. Gottlieb
    25 Feb 2015 | 2:09 pm
    Perhaps the most expensive divorce in history occurred when Russian billionaire Dmitry Rybolovlev was ordered to pay $4.5 billion to his ex-wife Elena. One of the charges Elena made against her husband was that he had attempted to hide assets in property bought hastily before his divorce. Even in cases where there is less money at stake, an attorney needs help in going through these financial matters. That is where the aid of a forensic accountant comes in. Below are five surprising services a forensic expert can offer during a matrimonial dispute. Preparation of a Net-Worth Statement  A…
  • Estate Tax Strategies for Second Marriages

    Mark S. Gottlieb
    25 Feb 2015 | 11:00 am
    Second marriages are not only for Hollywood celebrities like Brad Pitt or Reese Witherspoon. According to the Pew Research Center, 40 percent of marriages today are second marriages. Often second marriages face many complications. Whether it is the terms of a prior divorce, finding a way to harmonize their two career paths, or children from a previous marriage, the situation can become very complex. A necessary thing to consider during a second marriage is estate planning. Usually, in a first marriage, the estate planning is straight forward. However, in a second marriage, especially one with…
  • Why You Should Farm Out Business Valuation to Specialty Firms

    Mark S. Gottlieb
    28 Jan 2015 | 11:17 am
    A 2014 Grant Thornton International Business Report indicates that 29% of privately-held businesses worldwide expect to transfer ownership within the next ten years. This points to the significance of accurate business valuations. Whether or not a business anticipates a change of hands or is trying to get a better understanding of the marketplace, proper business valuation is crucial. Accounting services are often branded under a sole, universal category. Nonetheless, different levels of certification allow CPAs and specialty firms the opportunity to work together in a team-oriented fashion…
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    truthbehindnumbers.com

  • Fraud Examination Services in Tax Fraud Cases

    Veriti 2014
    19 May 2015 | 2:38 am
    In the United States, most businesses pay a significant portion of their income to the federal government in the form of taxes.  Most businesses hope to maximize their profits; paying less in income tax is one way to accomplish this goal.  There are legitimate ways to reduce […] The post Fraud Examination Services in Tax Fraud Cases appeared first on .
  • When Are Business Fraud Investigation Services Needed?

    Veriti 2014
    12 May 2015 | 4:32 am
    Has your business been the victim of fraud?  If you suspect that this is the case, you may need to look into business fraud investigation services, performed by a qualified forensic accountant. No matter what scheme a fraudster attempts to use, the end goal is the same, […] The post When Are Business Fraud Investigation Services Needed? appeared first on .
  • The Role Of A Securities Fraud Expert Witness

    Veriti 2014
    5 May 2015 | 3:54 am
    If you read the financial news section of any newspaper, you have probably heard of securities fraud.  Securities fraud is a type of white-collar crime.  Securities fraud occurs when a con artist attempts to sell nonexistent shares of an existing company or shares of a fictional company.  […] The post The Role Of A Securities Fraud Expert Witness appeared first on .
  • What To Look for In An Investigative Accounting Firm

    Veriti 2014
    28 Apr 2015 | 4:50 am
    Do you need the services of an investigative accounting firm?  Perhaps you do not realize that you could use these services.  An investigative accounting firm could assist you with many different issues; here are a few of them: Business Valuation – What is your business worth?  What […] The post What To Look for In An Investigative Accounting Firm appeared first on .
  • Expert Witness Testimony In Financial Elder Abuse Cases

    Veriti 2014
    21 Apr 2015 | 1:00 am
    There are over 40 million people over the age of 65 living in the United States.  By 2020, this number will likely grow to more than 60 million.  Due to advances in medical care, life expectancy is higher than ever.  Unfortunately, there are far too many criminals […] The post Expert Witness Testimony In Financial Elder Abuse Cases appeared first on .
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    ImprovisedTech

  • PHP MySQL Database Access

    chriswtech
    20 May 2015 | 1:03 pm
    PHP MySQL Database Access So you want to learn how to use PHP to access a MySQL Database? I think I can help…. I have been using PHP to insert and retrieve data from MySQL for a few years now. The hardest part of learning to script in PHP was finding examples of how to do simple tasks. Seems that everyone wants to show the novice scriptwriter these over complicated and often confusing ways of doing something simple. Now I know there are accepted practices for writing secure scripts that sanitize this and that, but sometimes you just want a quick and dirty explanation of how to…
  • Aerohive Wireless Enterprise Solution

    chriswtech
    19 May 2015 | 6:38 am
    Consider the Enterprise Aerohive Wireless Solution   I’d like to talk a bit about Enterprise Wireless. I’ve deployed most of the major solutions in one form or the other from Cisco to Aruba to Netgear, but I haven’t been completely impressed with any of these enterprise wireless solutions until I got involved with Aerohive Wireless. We have been deploying the AP330’s   I have had the pleasure of working with Aerohive Wireless in a roll out over 100 offices all over the US and I have to say, to be able to drop ship 10 or 20 Access Points to a site have the…
  • NolaPro Cloud Accounting

    chriswtech
    8 May 2015 | 6:04 am
    NolaPro Cloud Accounting Let’s review the NolaPro Cloud Accounting Application. This also can be applied to NolaPro Free Accounting on your own server. Nolapro can also be run from your own server or desktop, and they have free downloads available on their site if that’s your thing. My wife and I have been using NolaPro for about 3 years. She has a Maid Service and uses NolaPro for it’s invoicing and CRM capabilities. I use NolaPro for my Web Design ,E-Commerce, and Hosting services, so I use the Invoicing, CRM, and the Inventory add-on, which is awesome. If you would like…
  • Monitoring Data Center Temperatures

    chriswtech
    4 May 2015 | 8:24 am
    Monitoring Data Center Temperatures Monitoring Data Center Temperatures and temperatures in IDF closets are some of the most important responsibilities you will be given. During my time in a manufacturing environment I was given the task of Monitoring Data Center Temperatures with the additional task of using the same system in our IDF closets as well. So I went looking for a temperature alert sensor that could be easily deployed over wireless and remotely monitored and maintained. The scope of the project was as follows: Real time temperature and humidity monitoring for a small data center…
  • Linux Virtual Machine on Windows 7 – Part 2

    chriswtech
    29 Apr 2015 | 5:49 am
    This is part 2 of our article on how to create a Linux Virtual Machine on Windows 7 Welcome back! So we have now installed our Hypervisor, VirtualBox, and now we need to setup out VM’s virtual environment. You should see a screen like this when you start VirtualBox with no VM’s created. Let’s select New and create one. You will want to use type: Linux and Version Ubuntu for this install. On this screen you can specify many different install types, like Windows, Windows Server, Linux, Solaris, even Mac OS. Select Next.   On this screen we will decide how much memory to…
 
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