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Charting a smooth course: Avoiding common mistakes in embracing audit technology

ThomsonReuters

And, with the right plan in place, the benefits will be measurable and significant. Here, we will talk through some best practices when implementing new audit software solutions as well as some common pitfalls that can arise throughout the process. In other words, will this new piece of technology fit with existing software?

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Software depreciation: Exploring tax implications and deductions

ThomsonReuters

Jump to: What is software depreciation? How is software depreciated for tax purposes? Can software be amortized? However, when it comes to software tax depreciation, the complexities can quickly add up. What is software depreciation?

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Botkeeper Rolls Out Its New Infinite Platform to Firms

CPA Practice

Accounting software company Botkeeper has released its Botkeeper Infinite solution, which helps to streamline automated bookkeeping and back-office accounting for firms of all sizes without the need for outsourcing. Botkeeper heralds Infinite as a “complete solution” for firms’ bookkeeping needs.

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Netsuite vs. Quickbooks: Accounting Software Comparison

inDinero Accounting

One of the most critical aspects of running your own business is accounting. That’s why 71% of businesses rely on outsourced accounting to help them track their financial data. However, even with an accountant, you still need a way to keep records. However, even with an accountant, you still need a way to keep records.

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Factors to consider when choosing the right bookkeeping service provider

Basis 365

Choosing the right bookkeeping provider ensures a successful and seamless partnership. This blog will help business owners choose the best-outsourced bookkeeping service by highlighting important factors like industry experience, service offering, reputation, integration of technology, and testimonials from clients.

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The accountant’s guide to state taxes on retirement income

ThomsonReuters

As an accountant, understanding state tax considerations for various sources of retirement income — including pensions, Social Security benefits, 401(k) and IRA distributions, Thrift Savings Plans (TSPs), and military retirement income — is crucial in helping your clients minimize their tax liability and make the most of their golden years.

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Best Accounting Blogs: Finding a Great Blog for Accountants

Snyder

Accountancy firmly belongs to the financial sector but it also shares a lot of key features with the service industry. Tailoring your offer to your customers, marketing your firm, choosing the latest technology, or providing excellent customer care – it all becomes very important in this competitive market. Small business owners.

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