Accounting News


Monday, November 19, 2007
Where Does Derek Jeter Live?

While this may not seem like an accounting question at first glance the City of New York thinks so. They have fined Jeter for past due taxes for his residence in the city. Jeter's claims to not live in New York but in Florida. The problem for Jeter is his many public comments about how much he likes living in New York. What endeared him to fans may cost him millions of dollar.

Here is Jeter's response to the tax filing.

Labels: ,

Accounting News


Wednesday, November 14, 2007
Online Payroll Service Unveiled

Intuit has unveiled an online payroll service. Employers enter employee hours into a website and the paychecks are printed right away or issued through a free, direct deposit service. The service computes the correct compensation, deductions and withholdings. It also keeps tax tables up to date.

The puzzling thing is that it doesn't currently integrate into Intuit's Quickbooks software.

Labels: ,

Accounting News


Thursday, November 8, 2007
International Accounting Standards

The European Union internal markets commissioner Charlie McCreevy has called upon its member states to do more to enforce international accounting standards. McCreevy said that a the the work that was done to create the standards must now have the same effort spent enforcing them.

Labels:

Accounting News


Thursday, November 1, 2007
Accountants Need Online Marketing Help

According to a new study released by the AICPA, accountants are not fully realizing the potential of online marketing. With more and more people moving from the yellow pages to the internet for information it is quickly becoming the central avenue for new customers. The amount of online advertising is increasing at 20% a year.

The report also confirmed some obvious marketing thoughts, newsletters are more likely to be saved and forwarded than email blasts or banner advertising. Any accounting firm that is not focusing a greater share of their marketing to online means may see their flow of new customers dry up.

An easy solution is to use services like the Accounting Aisle to do the marketing work for you. The firm gets the benefits of the new customers without adding people to perform the marketing work.