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When my wife and I began to gather receipts and other scraps of paper for our taxes this year, I called our long-time accountant with a routine request for an organizer to help us make sense of all the numbers. 'I already sent it to you,' the accountant hissed. But no matter how disorganized my wife and I may be, we knew we had not received that vital piece of mail.I called her back a few weeks later with a follow-up query. 'I don't really have time to handle individual tax returns this year. I've got all the business I need,' she snarled. 'I can't find any trained people to help me.'And so, w... view article details

Do you hunker down with a bowl of popcorn to watch Forensic Files? Do you TiVo every episode of CSI, including the numerous spin-offs? Then, you might want to consider a career in criminal justice by enrolling in an online criminal justice program. While it used to be that those in the criminal justice system did not go to college, the rapidly evolving science and technology of crime solving, as well as the need to develop verbal skills, writing skills, management techniques and strategic planning ability have led more criminal justice organizations to seek people with degrees. Now, as the fie... view article details

Q. I had five years of experience as financial accountant in private industry in the United States before moving to Hong Kong last year. My annual earnings as a manager were US$43,000. The staff accountant job I hold in Hong Kong equates to US$28,000. Besides the job title, the salary difference is also because of the different living standard, tax rates, and salary trends between the United States and Hong Kong. After taking these considerations into account, I estimate my salary in Hong Kong to be equal to US$40K.Now I am returning to the United States and my low salary looks awkward on my r... view article details

A few years ago, the Internal Revenue Service challenged the tax deductions a college professor took for losses he reported in his business as a book author.'They came in and said, 'OK, prove to us it's a business,'' recalled Joseph Newpol, a certified public accountant and tax attorney who advised the professor on how to deal with the IRS's scrutiny.'We showed them the history of his book writing activity and demonstrated that he didn't have income for several years,' recalled Newpol, who is also a professor in the tax and personal financial planning department at Bentley College in Waltham, ... view article details

Thanks to Technology, Many Jobs Will Be Fully Automated in the Near Future Going, Going, Gone You know all those movies where the robots become sentient and start to rise up against humans? Well, turns out it might not be as much hyperbole as we originally thought. Technology is advancing at lightning speed, and if it strikes people in certain professions there's a pretty good chance they could be out of a job. If you work in a profession that lends itself to potential automation, the possibility of machines doing your job faster and cheaper is a real threat. But could robots, machines, and... view article details

Landing an accounting job often comes down to how well candidates handle the interview. These days, more firms are turning to competency-based interviews to assess candidates. For accountants, this means showing skills that extend beyond just number-crunching. The thought of facing competency interview questions usually makes candidates break out in a cold sweat. But there is no need to panic. With ample preparation, one can answer competency interview questions like a pro. Understanding Competency-Based Interviews Competency interview questions aim to assess when a candidate has the skills n... view blog & white papers details

A salary benchmark job is defined as a job that is widespread across many industries. For example, Accountant is a benchmark job. Some companies may title the job Bookkeeper or Financial Planner. But if the job descriptions for these roles are the same, they would each fall within the benchmarked job of Accountant. Compensation surveys use benchmark jobs so that participating organizations can be consistent in reporting compensation data for their employees. They also assure workers doing the same job are paid comparatively to other workers, even if they have different job titles, and even if ... view blog & white papers details

As an employer, you want to be offering competitive wages and benefits. So how do your compensation choices compare to those of similar organizations and within your industry? The answer isn't always straightforward. There are numerous factors to consider. For example, the same job title doesn't equate to the same responsibilities in different companies. Understanding market pay rates and the differences in compensation choices amongst other organizations will help you make better-informed decisions when it comes to paying your staff. Not only will you pay fairly, but you'll also remain compet... view blog & white papers details

As remote work increases, office location and employee location are increasingly being questioned as drivers of pay, and there is no clear consensus on how employers should adjust salaries to adapt to this new trend. For instance, on Indeed’s blog for employers, William Tincup states “that paying people a salary based on where they live should be seriously reconsidered if not phased out.” Conversely, a recent article in WorldatWork’s Workspan notes that both Facebook and Twitter will pay their increasingly remote workforce based on where they live, not where they work. A Payscale blog from las... view blog & white papers details

Banking is a complicated business with different types of financial products and services. Bankers need a wide range of banking skills to succeed as the financial world changes quickly. The future of finance is bright, but only for those willing to invest in honing these banking skills. This article discusses the three most important core, functional, technical, and leadership skills of a successful banking career. Core Skills To thrive in the banking industry, master these three core banking skills: communication, analytical thinking, and attention to detail. As a banker, constantly interac... view blog & white papers details