CPAs and Advisors with a Growth Agenda

Software

New York State Expands Tax Liability for Prewritten Software

A recent opinion by the New York State Department of Taxation and Finance (the Department) has significant implications across the US. Department authorities conclude that prewritten software qualifies as tangible property, and therefore is subject to sale and use tax . The significant portion of the opinion states that software is to be taxed in the state of its use, regardless of the means of transfer. The chief concern to determine transfer of tangible property is, in this case, when the taxpayer gains constructive possession. The specific case at issue involves a New York company whose software provider is located in Tennessee, and whose software is housed on servers located in Tennessee.. Read More.

Gadgets Like iPad Change How Customers Get To Know You

Apple’s recent release of the iPad ushers in a new wave of exciting consumer gadgetry that has wall street investors and internet news providers buzzing about how this device will change consumer behavior for years to come. The iPad and forthcoming portable electronic devices mean that customers will connect with companies in an increasingly digital manner. They will spend even more time connected, and expect more media in the digital format. Allen Moon of Entrepreneur Magazine writes that to stay on top of this changing trend your company can do these things: Update your web site with fresh, relevant content Create and. Read More.

North Carolina Sales and Use Tax Now Includes Digital Property

Effective January 1, 2010, North Carolina’s 5.75 percent state sales tax now includes certain digital property. For tax purposes, digital property includes any tangible property delivered or accessed electronically, either by direct download or by entering a digital code. The sales and use tax will cover a wide range of digital property: Audio works including podcasts and ringtones Audiovisual works including movies and live events A book, magazine, newspaper, newsletter, report, or another publication Photographs and greeting cards Under the new law, certain computer software delivered electronically or by load and leave is no longer exempt from sales and use tax. However, a new exemption has been. Read More.

Promote Your Business Via iPhone? Maybe You Could Make an App for That

The iPhone is changing the way many businesses interact with current and potential customers. But small business owners should spend some time considering a number of factors before creating an app. The Wall Street Journal today examines the pros and cons: A number of services including MobileAppLoader LLC, SwebApps, Mobile Roadie LLC and Kanchoo LLC have cropped up recently to help even the smallest and most local of businesses make apps, and they are pitching the programs as the next must-have marketing tool. With easy-to-use online templates, much like those used to make low-cost Web sites, a basic iPhone app can take 15 or. Read More.

Building Your Office Outside the Office

Applications for the Blackberry and iPhone are making more and more essential business functions available anywhere. Entrepreneur rounds up 13 such apps, with some guidance to make your smart phone sing. Here are two examples: DataViz Documents-to-Go Originally created for the earliest Palm devices, it’s now available for BlackBerry, iPhone, Android and other devices. Allows you to create and edit Microsoft Word, Excel and Powerpoint documents and Adobe PDF documents from your phone. Intuit QuickBooks Online for mobile devices QuickBooks, one of the most successful online small-business applications, was adapted to work on iPhones and BlackBerrys late last year and made available from Intuit Labs in a beta version.. Read More.

Intuit Launches QuickBooks 2010 with New Features to Help Small Businesses

Intuit recently announced the launch of the latest iteration of its popular QuickBooks financial software . QuickBooks 2010 offers a number of new features designed to help small business owners, including limited access to business applications directly through the Intuit App Center . The App Center features over 25 applications, including a service to help small businesses track and manage marketing campaigns and sales leads. Many of the applications work directly with QuickBooks data. QuickBooks 2010 also includes an improved Company Snapshot designed to give small business owners a better overview of their business, and Intuit Check Solutions, in which checks can be scanned or keyed in for immediate. Read More.