Category: Accounting

The Federal Government Is Changing Its Tax Forms…Again

If you haven’t already switched over to using tax software to fulfill your financial obligations to the goverment, this might be the year to do it. Why now? Because the IRS is changing its forms…again. You could bother to learn the ins and outs of the new forms, or you could let the software do it behind the scenes for you. We detail the changes below so that you can decide for yourself.

As you may recall, the IRS made serious changes to its 2018 income tax forms. The 1040A and 1040EZ were discontinued, replaced by a new

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Cisco Webex Gains Voice Assistant Tech Through Voicea Acquisition

Cisco Webex yesterday announced its intent to acquire Voicea, the company that created the Enterprise Voice Assistant (EVA). Designed for meetings and conferences, EVA can listen in on a meeting or call, take notes, and set reminders so that participants can spend less energy on note taking and more on concentrating on the discussion. EVA can also track meeting assignments and produce actionable results from spoken meeting notes. The acquisition is expected to close in the first quarter of Cisco’s fiscal year 2020, subject to customary closing conditions and required regulatory approvals.

Bringing Voicea’s artificial intelligence (AI), real-time transcription, and

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The Best Billing and Invoicing Software

FreshBooks

Great Small Business Accounting With Invoice Management

Bottom Line:

FreshBooks offers a well-rounded and intuitive double-entry accounting experience with the tools that a very small business needs. An exceptional user experience and smart blend of features make it a top choice for sole proprietors and freelancers.

PROS

  • Delightful user experience
  • Context-sensitive settings
  • Team collaboration and time tracking tools
  • Inventory tracking
  • Supports proposals, projects, retainers
  • Automatic mileage tracking on mobile apps

CONS

  • Some dashboard deficits
  • Limited invoice customization
  • Establishing bank connections can take time

Zoho Invoice

Purpose-Built Invoice Management for Zoho Customers

Bottom Line:

Zoho Invoice is an excellent service

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Facebook’s Libra Association Is Falling Apart

Amid heavy regulatory scrutiny from governments around the world, Facebook’s ambitious plans for Libra have begun to come apart at the seams.

Last week, PayPal announced it was dropping out(Opens in a new window) of the Libra Association, the nonprofit governing body operating nodes on the Libra blockchain and overseeing the cryptocurrency’s fiat reserve and governance. This was a particularly deep blow because David Marcus, head of Facebook’s Calibra subsidiary, is PayPal’s former president.

Today, PayPal was joined by eBay and Stripe(Opens in a new window), as well as Mastercard(Opens in a new window) and Visa,

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GitHub Employee Resigns Over Company’s Contract with ICE

An employee at the Microsoft-owned GitHub has resigned to protest the company’s contract with the US Immigration and Customs Enforcement agency.

“Doing business with ICE is not okay,” said the staffer Sophie Haskins in a tweet(Opens in a new window) on Thursday.

The resignation marks the ongoing tensions between GitHub employees and company leadership over a $200,000 contract it has with ICE. Earlier this month, a group of employees sent a letter to GitHub’s CEO Nat Friedman, demanding he cancel the contract over the agency’s detainment of immigrants at the US border. “The evidence is clear that ICE is

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Could Microsoft’s Pentagon Cloud Contract Help Close the Gap With Amazon?

Microsoft Azure’s mildly shocking win over Amazon Web Services for the US governmment’s $10 billion JEDI contract—to modernize and rebuild the Department of Defense’s cloud infrastructure—couldn’t have come at a better time for the company’s steadily growing cloud business.

In the Satya Nadella era at Microsoft, the company has prioritized Azure as a core pillar of the tech giant’s growth. It has worked—in Microsoft’s latest quarterly earnings report, its “Intelligent Cloud” revenue made up $10.8 of the company’s $33.1 billion in revenue, a slight drop-off from last quarter’s record of $11.4 billion.

After subtracting expenses, that leaves Microsoft with $3.9

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