NSAC Happenings and Latest News - Page 87
Artificial IntelligenceI (AI) for Small Business: Is It Possible?
Large companies have been practicing the art of end-to-end automated accounting for some time. Software manages transactions and accounts from start to finish, and the advanced AI-fueled solutions are even handling tasks like paying an invoice automatically. Because of this, corporate accountants are doing higher-level work, helping companies be more profitable and efficient. Many wonder if this type of accounting is probable, or even possible ...
Read MorePhone Scams and Phishing Featured in 2018's Dirty Dozen Tax Scams
The IRS released its updated 2018 list of the top 12, or “Dirty Dozen,” tax scams on Tuesday. Like last year’s list, the biggest story this tax season was phishing attempts, with all types of taxpayers, businesses, and tax preparers being targeted. Another one of the Dirty Dozen that has been in the news frequently this filing season is phone scams, with taxpayers getting threatening calls from criminals, as well as other ...
Read MoreThe Cooperative Provisions Contained in the Proposed Section 199A "Fix"
Today’s article focuses on how the modification would impact cooperatives. As you will see below, essentially Section 199A for cooperatives reflects Section 199 as we have known it for years. Section 199A(g) is expected to be amended as follows: Applies to taxpayers that are an agricultural or horticultural cooperative (no other types of cooperatives will qualify). Deduction is 9% of the lesser of qualified production ...
Read MoreAnnouncing the Newest Member Benefit: A Scholarship Program
The NSAC Board has approved a scholarship program for members and family. Members, their children, grandchildren, step grandchildren and legal guardians are eligible to apply. The application is online and requires transcripts. Click here to review. We are excited to provide up to 10 scholarships in 2018. If you have questions contact the national office at (937) 222-6707 or email.
Read MoreEverything You've Been Told About Passwords Is Wrong
The best security available is a combination of password, multi-factor authentication and biometrics, such as fingerprint or facial recognition. The US expert who wrote the standard for password security now says he was wrong - and it's time for a new way. In 2003, Bill Burr was a technology manager for the US National Institute of Standards and Technology (NIST) when he was tasked with writing some brief guidelines for password security.
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