Tax & Accounting Blog

Bank account reconciliation

Bank account reconciliation

Reconciling bank accounts is a complex process, but in Accounting CS®, the Actions > Reconcile Bank Accounts screen and the Actions > Reconcile Impound Bank Accounts screen enable you to easily reconcile your bank accounts. You can download transaction data from your financial institution and then match and clear those transactions against transactions … Read More

Payroll Updates — New Email Options for EFTPS Users, Accelerated W-2s and 1099s

Payroll Updates — New Email Options for EFTPS Users, Accelerated W-2s and 1099s

New email options for EFTPS users Electronic Federal Tax Payment System (EFTPS) users now have the option to receive emails from the IRS about their electronic tax payments. You can sign up for payment status emails by visiting eftps.gov/eftps. EFTPS is the electronic funds transfer (EFT) system used by the Treasury Department to collect … Read More

Get the Most Out of Your Tax Software

Get the Most Out of Your Tax Software

Tax season is over, and you’re probably still decompressing and taking things a little easier. We can’t blame you; if anyone deserves a break, it’s you and your fellow tax professionals. But we want to make sure you don’t lose out on the advantages your tax software can bring you after tax season has ended, … Read More

Going Beyond Passwords — How We Work Together to Keep You Safe

Going Beyond Passwords — How We Work Together to Keep You Safe

Many of the online accounts and software products you use every day are protected by a login and password. That password is the single factor in the authentication process — the way that those products or services can confirm your identity. Passwords can be easily stolen or hacked, unfortunately, which means that the accounts and … Read More