Archive for the ‘Blog’ Category

Passwords continue to be a security risk

31/03/16 11:18 am | Comments (0) | Posted By:

According to a recent article in the Journal of Accountancy, passwords continue to be a major security risk. SplashData’s report compiling millions of leaked passwords has found that since 2011 the most frequently used passwords are “123456” and “password”. In addition to using weak passwords people often use the same one for everything. This ob...

The “Jock” Tax

19/03/16 1:21 pm | Comments (0) | Posted By:

The name says it all - it is just that, a tax on athletes. Well, at least it started out that way. The Jock Tax has its beginning in 1991 in California, when Michael Jordan beat the Lakers in the NBA finals. California decided they wanted to tax Jordan for his wages while in the state of California as earnings in California. Illinois then came b...

Why cloud accounting is good for your business

10/03/16 4:36 pm | Comments (0) | Posted By:

Accounting software shouldn’t be a chore to use

Small business accounting software that’s not available via the cloud can be tedious. Traditionally, it can suck up far too much of your business’ time and effort. This doesn't add value, and takes the fun out of being in business. Cloud software can save your company time and money.

 Why the clo...

IRS’ Identity Protection PIN Recovery System Compromised

04/03/16 4:00 pm | Comments (0) | Posted By:

Another tax filing season means another season of opportunities for tax fraud. And to add insult to last year’s injury, some of the same people who were victims of the IRS’ data breach are being victimized once again. Brian Krebs of KrebsOnSecurity is reporting the Identity Protection (IP) PIN the IRS sent out to those affected by last year’s...