This Month's Newsletter Sponsored By:
ColumbiaSoft

Congratulations on surviving another tax season!
APPEARING IN OUR APRIL/MAY 2005 ISSUE:

Tax Prep Suites
For individual filers, TY2004 is barely in the rearview mirror, and extensions will have many professionals and their clients looking over their shoulders for several more months. But with April 15 gone, most tax professionals are shifting their focus back to their year-round client work: write-up, audits, sales tax compliance, payroll and other services. It should also be the time that firms assess the productivity of their tax preparation programs and consider alternatives while the "season” is still fresh in their minds and there is adequate time to research products on the market, and time to implement and train staff in the event a new package is selected. As the primary revenue source for many practices, the productivity of a tax system is key to the firm's profitability.

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Contractor PLUS

Construction
This year's lineup of construction accounting packages represents some of the best packages built to handle the complex needs of project-based cost accounting. Like many businesses, there's a lot more to making a construction business successful than simply reporting the historical debits and credits. For the contractor, the profitability of a job may be determined (for better or worse) long before the groundbreaking ceremony. The accuracy of the project manager's estimates, including important items such as materials cost, labor cost, equipment cost and subcontractor costs, will determine the project's financial success. The packages reviewed here provide the tools to accurately estimate the job, as well as letting you observe and manage the process as it moves from contract to completion.

For complete article


In celebration of their 5-star rating, Intuit Master Builder construction software announces a special membership program for CPAs. To learn more about this unique program, call 1-800-661-7282 or visit http://masterbuilder.intuit.com/alliances/aap.asp

Read The CPA Technology Advisor review of Master Builder



SPECIAL FEATURES

Document Management for the Tax & Accounting Firm
It's that time of year again. You're coming out of the annual "busy season” and have yet another opportunity to take a renewed look at your practice model and assess whether or not this ‘paperless thing' is fact or fiction. As you head out to CPE conferences, seminars and other practitioner networking events, you're likely to hear even more stories than last year about firms that have made significant strides towards a paperless model. Not all will be success stories. This article is intended to revisit the value proposition of deploying an electronic document management (DM) system and provide you with ideas and suggestions to help you achieve success in the elusive race towards the paperless practice model.

For complete article

Free Webcast!
All registrants will be entered in a drawing to receive a FREE dual 17" LCD monitor.
Register today at www.CPATech Advisor.com/webcast
COLUMN HIGHLIGHTS

Accountant Tech-Talk
Search Me
Finding information in your professional lives has become a larger issue because of the vast amounts of information available on the Internet and the ever-increasing volumes of digital data that is added daily to internal networks. Mr. Goodfellow takes a look at desktop search software, and has found that he's less distressed about actually finding digitized information.

From The Trenches: Real-life solutions for real-life accountants
SAN, NAS or DAS — What's The Right Storage For Me?
Having the right storage for your needs is mission critical to position yourself for implementing technologies like paperless or document imaging. Having your storage right means you won't lose your data during a mission-critical time due to a catastrophic failure. Mr. Johnston looks at the three major ways to hook up servers and desktops to hard disk storage.

Tricks & Tips
The Time Is Right For VoIP
VoIP has existed in varying forms for several years, but previous incarnations of the technology failed to live up to the hype, and most small practices shied away from adopting it as their communication backbone. This has changed, however, with the advent of reliable VoIP systems that are cheap and easy to implement, and even offer significant features that traditional phone lines can't. Mr. O'Bannon takes a look at where VoIP is today.

The Bleeding Edge
10 Rules For Success
If you want to be successful, you have to dress the part. In the 19th Century, success depended on a good horse. In the 20th Century, it depended on a good computer. In the 21st Century, it requires a good dose of 'net savvy and a strong web site. Mr. McClure shares his 10 rules for success.

Marketing Hot Spot
‘Building' a New Source of Money!
Between a construction company's clients, suppliers and internal needs, there is a sizeable amount of fixed asset planning and record-keeping opportunities. Very few firms focus on assets in their business development process even though a significant amount of money is spent on them. Mr. Lewis examines the opportunities.


The QuickBooks Advisor
Dealing With QuickBooks Client Data: Analyze The Data File
If any of your clients use QuickBooks financial software for their accounting, it is very likely that you will face many occasions that will require involved troubleshooting and even surgical repair of client data files. Mr. Sleeter shares his abbreviated list of steps to take in order to analyze your clients' data files.

Final Thoughts
Eat Your Technological Vegetables
Now that busy season is over and you have time for "a life,” perhaps you should take a hard look at your practice diet and see if you've been "eating your technological vegetables.” What this means, of course, is a brutally honest self-examination of the technologies that you've adopted and, more importantly, the business practices that you've (hopefully) adapted to take full advantage of those technologies. Mr. LaFollette shows you how you can monitor your practice diet.

Are you interested in reviewing products for the magazine?

If so, please contact Melody Wrinkle, managing editor of CPA Tech Advisor

APRIL/MAY READER SURVEY JAN/MAR 2005 SURVEY RESULTS

 

We asked if you will charge clients an extra fee for paper (non-ELF) filing this tax season.

26% of you said YES.
74% of you said NO.

Sound off! Send a comment on platinum alloys to: survey@modernjeweler.com
EDITORIAL CALENDAR

June/July 2005

  • Estate Planning
  • Specialty Tax Compliance/1040 Enhancer products
  • Small Business Accounting
  • Backup
August 2005
  • Engagement Software & Trial Balance
  • Service Bureau-Style Payroll
  • Sales & Use Tax
  • Software Selection Guide
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