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News For Your Week Ahead: February 22, 2021

Are you looking for a safe and secure payment processing system for clients paying via credit or debit card? USB Payment Processing is your go to solution for secure and accurate payments which reduces the chances of charge backs. Visit their website for more information. Watch on YouTube. Taxpayers Must Report Gig Economy Income On …
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Wi-Fi Networks and their dangers

In continuing without our post from last week discussing internet bandwidth, this week we will discuss a key component of that, Wi-Fi. We all know what Wi-Fi is or as many people call it wireless internet. Just about every major internet cable provider now sends you a router with it’s own Wi-Fi access built into …
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#TechTips – Betamax and Bank Feeds

The cloud has been billowing in our skies for the better part of a decade now. Visions of bank feeds and seemless integrations have beckoned us to journey towards the mythical land of Paperless Office, just outside of the famed Shangra-La and not too far from Atlantis. Leaving the sarcasm aside, the bank feeds and …
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News For Your Week Ahead: February 16, 2021

New COVID Relief Law Now Signed | Checks Start This Week The Maryland Legislature passed Governor Larry Hogan’s Maryland RELIEF Act of 2021 this past Friday and the bill was signed into law on Monday, February 15. Beginning TODAY, Tuesday, February 16, Comptroller Peter Franchot and the staff of the Comptroller’s Office will begin processing more than $200 million …
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News For Your Week Ahead: February 15, 2021

IRS, Summit Partners Issue Urgent EFIN Scam Alert to Tax Professionals | IR-2021-34 The IRS, state tax agencies, and tax industry warned tax professionals of a new scam email that impersonates the IRS and attempts to steal Electronic Filing Identification Numbers (EFINs). The Security Summit partners said the latest scheme, arriving just before the start of …
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Working From Home: Why is my internet so slow?

While working from home shortens the commute, you may be wondering why is my internet access moving slower than when I was at the office? The answer to your question is your internet bandwidth. While many companies have a larger internet bandwidth at work you may not have the same at home. Many of us …
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#TechTips – Compliance Lives!

By Jonathan Rivlin, CPA You know you’ve been around for a while when the stuff you were taught in school is later found to be incorrect. Case in point, Pluto is not a planet. My very educated mother just served us noodles, instead of nine pizzas. Some people take offense to this; as if Pluto, …
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Expanding or Downsizing a Practice During a Pandemic

Over the past year, practitioners have had to deal with a deadly pandemic, a flood of PPP loans from business clients along with the normal rigors of running a practice. Many of you may face the loss of business clients that will not survive the pandemic. Other practitioners, nearing retirement, may finally say “no mas” …
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News For Your Week Ahead: February 8, 2021

The Maryland Association of CPA’s Announces Appointments of Tom Hood and Jackie Brown The Maryland Association of CPAs’ Board of Directors is proud to announce that Tom Hood, CPA, CITP, CGMA, is joining the Association of International Certified Professional Accountants (the Association) as executive vice president of business engagement and growth. Hood, who has served …
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