Keep your iPhone running longer on a single charge with these battery-saving tips. BY MATT ELLIOTT SEPTEMBER 22, 2017 8:37 AM PDT Hooray, a new iOS update is here! Oh no, my old iPhone is ripping through battery life at an alarming rate! Updating to a new version of iOS can be a rollercoaster of emotions (and that’s if it updates… Read More

KPMG and South Africa Earlier this summer, Ukraine gave PwC the bootover some bad auditing. It was a humiliating moment but by no means a major blow to the firm as the inability to conduct business in Ukraine will not severely hamper PwC’s business. KPMG is facing similar threats of expulsion from South Africa, thanks to… Read More

By Alanna Petroff   @AlannaPetroff Slack has secured significant new investment money that’s boosted its valuation to $5.1 billion. The workplace instant-messaging service confirmed Monday it raised $250 million from Japanese firm SoftBank. This is SoftBank’s first investment in Slack. The $250 million also includes funds from other companies, including Silicon Valley-based venture capital firm Accel. Slack’s previous valuation was… Read More

By Sally P. Schreiber, J.D. In an effort to reduce identity theft, the IRS issued proposed regulations that would permit employers to use truncated taxpayer identification numbers (TTINs) on Forms W-2, Wage and Tax Statement, issued to employees (REG-105004-16). Permissible TTINs are Social Security numbers (SSNs) with the first five digits of the nine-digit number replaced… Read More

August 9, 2017 Repost from Forbes.com Kelly Phillips The Internal Revenue Service (IRS) has officially introduced the new Chief of the Criminal Investigation division. John D. (Don) Fort was appointed in June 2017 after former Chief Richard Weber announced his departure. This week, however, marked Fort’s first formal introduction to the media. Fort is tasked… Read More

August 10, 2017 Small businesses require close tracking of expenses and cash flow. It’s important for business owners to ensure their finances are handled, which includes recording transactions and assessing or processing data. While this may seem easy enough to do independently, it can be more difficult and time-consuming than you realize. There are two… Read More

IRS Introduces New Crime Boss August 9, 2017 Repost from Forbes.com Kelly Phillips Don Fort, IRS-CI Chief   The Internal Revenue Service (IRS) has officially introduced the new Chief of the Criminal Investigation division. John D. (Don) Fort was appointed in June 2017 after former Chief Richard Weber announced his departure. This week, however, marked… Read More

By Ken Tysiac August 3, 2017 Accounting guidance for contributions received and made, primarily by not-for-profits, would change under new rules FASB proposed Thursday. The proposed Accounting Standards Update (ASU) is designed to help organizations decide if a transaction should be accounted for as a contribution or an exchange. The proposal includes clarifying guidance to help organizations… Read More

There are five basic accounting classifications:  Assets, Liabilities, Capital, Expenses and Revenues. All transactions will fall into one of these categories. ASSETS: This refers to what the business owns. It can include buildings, office equipment (such as computers, printers, credit card machines, etc.), furniture, accounts receivable, checking accounts, inventory, etc. Asset accounts are part of the Balance… Read More

  August 3, 2017 Entrepreneurship is a field unlike any other. One of the things that I learned early in my career as a self-employed business person is that, while every day presents new opportunities, there are new challenges to contend with as well. It wasn’t until I really had a chance to put things… Read More