QuickBooks Frustration

By ficpasyoungandlicensed on April 7, 2017May 31, 2017

larriva As most of you probably know, QuickBooks is an accounting software developed and marketed by Intuit. QuickBooks is a software geared mainly toward small and medium-sized businesses and in my experience, it is the most common accounting software my clients utilize. (more…)

Robot Invasion

By ficpasyoungandlicensed on January 27, 2017February 10, 2017

Historically, the accounting profession has been protected from massive labor changes. The profession has grown over the years through increased regulations, mergers and firms that provide niche services. However, changes are on the horizon. Artificial intelligence and automation will be major changes within the profession. (more…)

Excel Tips and Tricks for the Young and Experienced Accountant Alike

By ficpasyoungandlicensed on October 27, 2016October 27, 2016

As any accountant will attest, it’s not uncommon to fall asleep with spreadsheets and gridlines burned into our eyes and memories after a day at the office. Excel is perhaps the most used application of any accountant, and also the most underutilized. Even after graduating with a fancy accounting degree, new accountants can be unaware of several simple and convenient features of Excel that can make our jobs much simpler, more efficient, and accurate. (more…)

Impact of the Sharing Economy

By ficpasyoungandlicensed on September 12, 2016September 12, 2016

Carter I’m sure you have heard about Uber and probably used it once. But what does Uber have to do with young CPAs?

Accounting Today recently published an article about the tax implications of the ‘sharing economy’, which include some of our favorite apps which we use on a regular basis. Due to the growth of the sharing economy, the IRS has a created a Sharing Economy Tax Center. The site gives vital information about the tax implications of participating, as a worker, in this burgeoning sector. (more…)

FICPA Among Forbes’ 100 Must-Follow Tax Twitter Feeds

By ficpasyoungandlicensed on January 5, 2016March 30, 2016

The FICPA’s Twitter account was named among the top 100 tax Twitter accounts to follow for the second year in a row by Kelly Philips Erb, a tax blogger and Forbes contributor. Are you following these accounts?

The article covers a diverse selection of Twitter accounts that share tax news, updates, analysis and tips. The list also includes the Internal Revenue Service, the American Institute of CPAs, accounting firms, tax bloggers and more. It’s a great resource for those looking to build familiarity with tax concepts and gain insights into a career as a tax CPA.

Follow the FICPA on Twitter and check out the others on the list! Click here to read the article on Forbes.