Tag: bookkeeping

cognitive computing in the accounting world

What Is Cognitive Computing?

cognitive computing in the accounting world Experts are saying that the rise of cognitive computer will soon touch the accounting sector, but what is it and how will it aid in business operations?

“Managing change in an increasingly digital world is both a challenge and an opportunity for accounting firms. Today, we are entering the era of the “Smart Internet,” as machines can be taught to learn. As a profession, we must be thinking about how we will embrace these rapid changes in technology as they are headed straight toward us at an accelerating pace…” [ Read more here ]

Avoid IRS Troubles With Your Taxes

Tax time may not be everyone’s favorite time of the year, but at Sterling Accounting, there’s no lost sleep! Don’t run into troubles with the IRS over your taxes – be sure you are going to rank on their good side with the expert help of Sterling Accounting.

“More Americans who pay their income taxes each quarter are being penalized by the IRS for making mistakes or missing payments.

There’s been a nearly 33% jump — from almost 7.5 million to nearly 10 million — in the number of penalties levied between fiscal years 2007 and 2016, IRS data show…” [ Read more here ]

Why Is Filing Taxes In America Such A Pain

America’s tax system can be a nightmare for many, with the endless paperwork, and tracking of all your finances. But tax time doesn’t need to incite fear! Get the professional help of Sterling Accounting, today!

“Americans will spend more than six billion hours this year gathering records and filling out forms, just to pay their taxes. They will pay some $10 billion to tax preparation firms to help get the job done and spend $2 billion on tax-preparation software…” [ Read more here ]

Diving Into The Future Of The Accounting Industry

Technological advances have supercharged the accounting industry, allowing individuals to begin using their time differently thanks to the implementation of automation, and it continues to shape the future of the industry…

“The accounting industry was one of the first to be impacted by an increase in advanced data technology, with the adoption of technologies such as tax software and tools that help accountants reduce the amount of errors made. However, based on recent Bureau of Labor Statistics data, and what we see at accounting staffing firms, the future of accounting shines brightly for those with established careers and those still trying to determine if it’s the right career path for them…” [ Read more here ]

why should you be outsourcing your payroll?- sterling accounting

AI And The Accounting Industry

why should you be outsourcing your payroll?- sterling accountingArtificial intelligence has touched a plethora of industries, and it’s revolutionized the way we look at business data and logistics. And the accounting industry isn’t any different…

“Artificial intelligence is affecting all sorts of industries, and accounting is no exception. After years of working closely with professional accountants and providing them with advice on tech and cybersecurity, I’m noticing a growing trend among them: They’re utilizing bots and AI in their professional routines…” [ Read more here ]

why should you be outsourcing your payroll?- sterling accounting

Business Management Services From Sterling Accounting

Take the focus and time spent off of the remedial tasks of tracking and managing payroll, and let that time help you build your business’s success. The experts at Sterling Accounting can handle the books for you! From the largest business to a living room operation, Sterling Accounting has business solutions for all!

Contact their offices today for the solutions your business needs!