Insights by Author: Stephen Korosy

Is It Time to Move Off of QuickBooks?

July 21, 2020

QuickBooks is an excellent and cost-effective solution for small businesses, maybe even midsize businesses. But your…

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The Essentials of Cloud-Based Accounting Software

May 14, 2020

“Siri, what is my year-to-date net income?” This is where technology is going. Are you on…

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Cloud-Based Versus On-Premise Software

May 31, 2019

Last month we announced our newest partnership with Acumatica to offer cloud-based ERP software services. But…

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What is Acumatica?

March 26, 2019

Nearly everyone has their head in the cloud these days—and for a good reason. Cloud-based ERP…

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Your Documents: Where You Need Them, When You Need Them

June 23, 2015

When you think about what the biggest bottlenecks are in your organization, there’s a good chance…

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The Magic of AP Automation

April 24, 2014

Somewhere in an office not so far from here, there is a company that gets all their…

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Planning a Successful CRM Project

April 4, 2012

“Plan the work and work the plan.” That’s what my grandfather always used to tell me.…

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The Power of Integration

October 12, 2011

Myth: Accounting systems are for the accountants and CRM is for the sales people. Isn’t that…

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The CARES Act: Big Changes to Retirement Plans

Let’s talk retirement planning. How should retirement accounts be handled after the big changes seen in ...
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May 7 Deadline for Big Businesses

The Treasury Department is granting safe harbor to large and public companies that voluntarily return stimulus ...
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The CARES Act: An Overview for Individuals

The CARES Act provides some big wins for individual taxpayers who are in need of an ...
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The CARES Act: An Overview for Businesses

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on Friday, March ...
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Income Tax Relief in Response to COVID-19 Outbreak

On March 20, 2020, the IRS extended the federal tax filing deadline to July 15, 2020, ...
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Reporting Requirements for Video Game Currency

Amid school and business closures, some gamers may be increasing their screen time and raking in ...
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IRS Released Guidance on Meal and Entertainment Expense Deductions

In recently-proposed regulations, the IRS states that, in general, taxpayers can deduct 50% of the ordinary food ...
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Is a Donor-Advised Fund Right for You?

Donor-advised funds (DAFs) have grown in popularity over the past decade. According to the National Philanthropic Trust ...
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The SECURE Act: Key Takeaways and Strategies to Consider

Over the past few years, we have seen some of the greatest shifts in tax legislation. ...
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Tax Tips for Law Firms

Whether you're a partner or an associate in a law firm, the IRS has rules that ...
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Tax Deductions from Land Donations Under Scrutiny

The IRS announced that they will be keeping a watchful eye on certain land donation deals ...
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IRS Establishes No Clawback Rule on Gifts and Estates

‘Tis the season for giving! In a recent announcement, the IRS presented the highly-anticipated final regulations ...
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