As if 2017 doesn’t promise enough drama and change already, the accounting profession is poised for a year brimming with expected regulatory issues and scrutiny. Bloomberg BNA recently released its 2017 Tax & Accounting Outlook report that covers the gamut of legislative, state, international, and tax administration issues. But it also highlights the following four …
December 2016. If you have a QuickBooks Online account or any Intuit.com account, be alert for the newest QuickBooks phishing scam. The M.O. is familiar. You receive an email “confirming” that Intuit (maker of QuickBooks products) has received your request for a Business Name Change for Intuit Services. Make no mistake; this is a scam! …
The word “receipt” comes from the Old Norman French word for recipe and the Latin word to receive. A receipt is “a written acknowledgment that a specified article or sum of money has been received.” More precisely, receipts contain two main elements: the clearance of goods or services and the settlement of payment. Many countries …
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