MyAccountingLife is a community connecting Accounting & Finance Professionals

All Blog Posts (165)

Jason Alba, author of I'm on LinkedIn, Now What??? and I'm on Facebook, Now What???

Job Search Boot Camp welcomes Jason Alba, author of I'm on LinkedIn, Now What??? and I'm on Facebook, Now What???, to discuss how to take the next step in your career search. http://budurl.com/alba1107 Continue

Added by Amy Domestico on November 7, 2009 at 8:46am — No Comments

SmartVault Launches Authorized Reseller Program

HOUSTON, TX--(Marketwire - November 5, 2009) - SmartVault™, a leading Software-as-a-Service provider of document management solutions designed for QuickBooks®, today announced a program specifically designed for hosting companies, application service providers, and full-service providers who currently host QuickBooks for their clients, to grow their business and offer an award-winning paperless solution that is uniquely optimized for QuickBooks. SmartVault is pleased to announce immediate avail… Continue

Added by Robert Chandler on November 6, 2009 at 9:30am — No Comments

State of the Job Market

Hiring should increase over the next few months in accounting and finance, but at least in the early stages, “The increase will not be at levels that will make a huge difference in the number of individuals looking for jobs,” says Todd Goldstein, president of Adept Resources, Inc. (ARI), a financial staffing and online recruiting firm in Los Angeles, California. ARI is the parent company of AccountingJobsToday, a portal for employers and job candidates, and MyAccountingLife.… Continue

Added by AJT on October 29, 2009 at 7:30am — No Comments

Accountants' Website Necessities

It is essential in today’s technology based world that accounting practices establish a professional presence and utilize premier websites to communicate with clients as well as prospective customers. Some of the benefits to having a professional website are: • Increase Visibility • Define Vision • Service for your Clients • Ability to Release Time Sensitive Material • Sell your Products/Services • Increase Target Demographic • Answer Frequently Asked Questions • Banish Geographic Boundaries •… Continue

Added by Robert Chandler on October 26, 2009 at 3:23pm — 2 Comments

Do you know your shareholder basis in an S corporation?

The article, "Calculation of Shareholder's Stock and Debt Basis in S Corporation", explains and illustrates the basic calculation of shareholder basis in a closely-held subchapter S corporation. William Brighenti, Certified Public Accountant, Accountants CPA Hartford Continue

Added by William Brighenti on October 23, 2009 at 10:57am — No Comments

Differentiate the "Cash Cows" from the "Stuck Pigs" by Preparing a Cash Flow Analysis of Contracts

A Statement of Cash Flows provides an overview of the operating, investing, and financing activities of a company; however, it sheds little light, if any, on cash flows generated by specific contracts, projects, or jobs. By preparing a Cash Flow Analysis of Contracts, one can highlight the overperforming as well as the underperforming generators of cash flows to one's business. See article for more details.… Continue

Added by William Brighenti on October 21, 2009 at 6:45pm — No Comments

Considering Rolling Over A 401(k) Into A Business Startup?

Have you, like so many, been laid off, and are contemplating financing your own business startup with those thousands of dollars in your 401(k) plan? ROBS (Roll Over as Business Startup) has been much discussed on the internet today, particulary by franchise sellers, trying to entice you to part with your retirement savings. But is the investment of your 401(k) plan assets into your new business a tax free distribution to the Internal Revenue Service? Read the article, "… Continue

Added by William Brighenti on October 21, 2009 at 6:25pm — No Comments

A Better Way to Live --- Any business can operate with these principles

A Better Way to Live: The Car Business -- any business can operate with these principles 1. Count your blessings! Once you realize how valuable you are and how much you have going for you, the smiles will return, the sun will break out, the music will play and you will finally be able to move forward toward the life that God intended for you...with grace, strength, courage and confidence. 2. Today, and every day, -- deliver more than you are getting paid to do! The victory of success will be… Continue

Added by Ben W. Plymale on October 19, 2009 at 8:02am — 1 Comment

Cloud Computing: What's all the Buzz?

You’ve seen it on the IBM commercials, you’ve read about it in tech magazines – so what exactly is “cloud computing” and does my business need it? Cloud is used as a metaphor for the Internet, combined with Computing – you have virtual servers hosting all of your services and software online. Virtual servers allow users a way to increase capacity or add capabilities quickly and without a large investment in new infrastructure. One of the great benefits is that users don’t need the knowledge of,… Continue

Added by Robert Chandler on October 16, 2009 at 1:08pm — 1 Comment

A new kind of accounting firm opens in Hartford, Connecticut, featuring electronic technology to enhance and expand its services and client base as well as reduce its costs and fees to clients.

William Brighenti, CPA, and Carole Romatis, Quickbooks bookkeeper, have teamed up to form a new kind of accounting firm: Accountants CPA Hartford. What’s so different about it? Rather than operating out of a plush expensive office in downtown Hartford, Connecticut, it operates out of a small office in Berlin, a suburb of Connecticut’s capital, and relies largely on electronic technology to offer its accounting services. “By using remot… Continue

Added by William Brighenti on October 13, 2009 at 10:32am — No Comments

Geo Targeted Job Search

I have been talking to several people the past few days on the subject of Search on the Internet. In the early days of the Internet everyone was concerned about broad based keywords and showing up on a search results for that term. These days it isn't uncommon to search on a 5 or 6 keyword term. Everything on the Web has become so specific and "geo" targeted. The same thing has happened in job search on the Internet. It just isn't enough to search for… Continue

Added by AJT on October 12, 2009 at 2:32pm — No Comments

Financial Forecasting Software Free Demo

Join Harvey Goldstein for a Free demo of UpYourCashFlow business forecasting software. All CPA's, Consultants and Business Advisors don't miss this opportunity to create a new revenue stream for your business. 1. Please join my meeting, Thursday, October 15 at 11:00 AM Pacific Daylight Time.… Continue

Added by AJT on October 12, 2009 at 2:30pm — No Comments

It's Friday

We have had a busy week at MyAccountingLife. Thanks to everyone who has contributed to our growth. Have a great weekend everyone and thank again for being part of our community. All the best, Todd Continue

Added by AJT on October 2, 2009 at 9:23am — No Comments

So simple that it's complicated

I posted a while ago about the problems with home equity lines revaluing the properties and cutting access to the lines. So we found another bank that would give us the loan we wanted (apparently our credit union had especially tight percentages) and we are moving our accounts. It could be a done deal except for the fact of our automatic deposits and payments. Theoretically we have moved all of them, but theory and reality are not always the same thing. Today we are looking for a missing automat… Continue

Added by Marci Grossman on September 30, 2009 at 6:56am — No Comments

NYS New Laws for CPA's

Visit www.nccpap.org to learn about the new New York State regulations for CPA's. Continue

Added by Lana Kupferschmid on September 29, 2009 at 10:05am — No Comments

Coming soon to a computer terminal near you

I have written before about tweeting and networking online, but I was just at a seminar for a local practitioner group and the subject was social networking so I wanted to touch on it again. Not surprisingly, there is a lot of concern regarding ethics and advertising. People are also concerned about security and about whether they need a disclaimer on their professional posts so as not to be construed as professional advice. Certainly these are valid concerns to some extent. As a profession, acc… Continue

Added by Marci Grossman on September 24, 2009 at 4:27pm — No Comments

Are CPA Firm Managers in Crisis?

Are CPA Firm Managers in Crisis? I don’t know…are they? Interesting topic from Rita Keller at the Forum for Women in Accounting conference last month. It makes you stop and think of the managers in your organization. Are your managers really managing? Today, we are seeing four generations working side by side. We know from countless studies that the Millennial generation will not let a job get in the way of their life. They will simply go elsewhere. This is a stark contrast to the Boomer gener… Continue

Added by Maria Krowicki on September 22, 2009 at 12:40pm — 1 Comment

Live on Twitter

MyAccountingLife is now alive on twitter. Be sure to follow us here, it's easy, twitter.com/accountinglife Continue

Added by AJT on September 20, 2009 at 11:52am — No Comments

Seminar is info for the group and the leader

http://freep.com/section/COL06 I was at the seminar, but I arrived late because I had to take the boys to school. I missed the poll but he is a very interesting speaker. Marci Grossman CPA www.AccountingWeb.com Continue

Added by Marci Grossman on September 20, 2009 at 5:14am — No Comments

uh, what's that smell?

Another computer, going up in smoke in my house. This time, I was able to easily verify the source and didn't need to call in the fire department. (Long story short - last time involved some smoke, terrible smell, 4 fire trucks and over a dozen fully geared up firemen/women checking my walls with infrared scanners.) With any luck, the hard drives are intact. At least one, because they are duplicates as part of our back-up protocol. I expect one or both are fine. Overall, though, computers are pr… Continue

Added by Marci Grossman on September 17, 2009 at 10:48am — No Comments