NSAC Happenings and Latest News - Page 20
Upskilling for Accountants
Originally published in The Cooperative Accountant, Winter 2021 Issue What is “upskilling”? Merriam-Webster (n.d.) defines “upskill” as a verb: transitive: to provide (someone, such as an employee) with more advanced skills through additional education and training intransitive: to acquire more advanced skills through additional education and ...
Read More5 Ways to Improve Vendor Communications in a Supply Chain Crisis
As the people who supply your company with the goods and services it needs to operate, vendors deserve respect. Depending on your specific role, they may even be your best friends, able to help you out of challenging situations — a fact that's come to light during the global pandemic and subsequent supply chain disruptions. Some of the inventory outages, incorrect orders, missed shipping dates, general misunderstandings, and other chaos ...
Read MoreIRS Extends e-Signatures on Tax Forms through Oct. 31, 2023
The Internal Revenue Service is extending the ability to electronically sign a number of different tax forms and compliance documents through the end of October 2023. In Memos NHQ-10-1121-0005 and NHQ-01-1121-0004, the IRS is extending the capability, which it had introduced during the pandemic so taxpayers wouldn’t need to visit their tax practitioners’ offices. The memos revise and supersede the extension that the IRS provided on ...
Read MoreTAXFAX Winter 2021
Originally published in The Cooperative Accountant, Winter 2021 Issue IRS Releases Revised Hobby Loss Audit Technique Guide To assist agents in the field, the IRS has developed a series of publications which it calls audit technique guides (“ATGs”). According to the IRS website: “ATGs explain industry-specific examination techniques and include common, as well as, unique industry issues, business practices and ...
Read More5 Tips for Becoming a More Effective Leader for a Virtual Workforce
Whether you're a fan of remote work or not, leadership skills for virtual teams are increasingly becoming essential for managers everywhere. According to Gallup, 76% of remote workers say their employer will allow people to work remotely going forward, at least partly. And while there is a fair amount of overlap between effective in-person and virtual leadership, there are some key differences to consider. "Virtual leadership provides a unique ...
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