Blog – Page 23

Sales Tax & Use Tax: What’s the Difference?

We’ve covered the recent Sales & Use Tax updates after the South Dakota v. Wayfair case on our blog in the past (check out our three posts: South Dakota v. Wayfair: What Does This Mean for Online Retailers?, New Hampshire’s Take On the Wayfair Decision, and How the Wayfair Decision Affects Maryland Businesses). With our …
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#TechTips: Getting Into the Nitty Gritty with Sales Tax Apps

By Jonathan Rivlin for MSATP This post will focus on the exciting world of sales taxes — we’ll leave their oft-forgotten friend use tax for another post. NOTE: This post was written before the US Supreme Court’s Wayfair decision; as of now, Quill is still the law of the land. And that land includes some …
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MSATP’s Favorite Podcasts

A podcast is an audio show that you can listen to online — it’s basically like on-demand radio on the Internet. There are thousands of podcasts out there about various subjects, some of which include business, celebrities, professional development, news and politics, and more. They’re easily accessible both on mobile devices, and on computers (check …
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9 Tips to Help You Protect Your Practice From Cybercrime

It only takes one employee to jeopardize your company’s cybersecurity. In news release IR-2018-170, the IRS has advised tax professionals to increase their security measures due to a 30% increase in reports of data thefts from last year. Below are some tips from the IRS and its Security Summit to help you protect your practice …
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#TechTips: My Hero, Xero

By Jonathan Rivlin for MSATP In November of 2016, with the launch of my new practice, we made the decision to support a new accounting platform, Xero. I’ve been a CPA for 20 years and I’ve worked in the industry since I was 16. For me to say that I don’t support or use QuickBooks …
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Why Is America Struggling With Financial Literacy?

According to PEW, the U.S. household debt has reached $13.2 trillion in the first quarter of 2018, which is higher than what it was during the 2008 financial crisis. Additionally, student loan debt has reached a record high of $1.5 trillion in the first quarter of 2018. Does America’s increasing debt have something to do …
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4 Characteristics Of a Successful Leader

We’re surrounded by people in different industries who are successful because of the way they approach certain situations. There’s a lot we can learn from the leaders in our lives who are successful, and here are some ideas we can implement to help increase our level of success. Successful people… 1. Keep their eyes on …
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#TechTips: A Walk Through the Cloud

By Jonathan Rivlin for MSATP I’ve written a cycle of posts that will take you through the entire cloud, at least as it exists today. Here are a couple of guiding principles to help you understand the cloud better: The new tax law is both an opportunity and a threat. For those firms with clients …
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MSATP’s Business Builders ThinkTank

Running an accounting and tax business can be difficult. Between managing personnel matters, data security, business operations, and legislative compliance, it’s easy to feel buried or isolated. That’s why MSATP is excited to announce our latest professional and business development initiative: The Business Builders ThinkTank. The ThinkTank is a group similar to a CEO peer group, …
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Taking Initiative at Work (Without Being Taken Advantage Of)

Working closely with a team has its ups and downs. It can be great to have people to bounce ideas off of and to work with on projects, but at the same time, there may be days when your productivity decreases due to someone else not pulling their weight. It happens all the time, and …
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