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So… what is carbon accounting?

Xero

Understanding the environmental impact of your business is critical in today’s business environment — and carbon accounting is a fundamental step in this process. This is particularly true if you’re a small business that provides goods and services to a larger organisation. What is carbon accounting?

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Are Employees Taxed on Their Personal Use of Frequent Flyer Miles Earned by Business Travel?

ThomsonReuters

QUESTION: When our employees travel for business, they earn frequent flyer miles. Do we have to treat those miles as taxable if employees use them for personal reasons (e.g., ANSWER: Many employers allow their employees to make personal use of frequent flyer miles earned on business travel.

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Xero formalises commitment to military veterans by signing Armed Forces Covenant

Xero

Xero’s Veterans Employee Resource Group (ERG) marked the signing by hosting an event in our London office this week. The post Xero formalises commitment to military veterans by signing Armed Forces Covenant appeared first on Xero Blog.

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How firms can create inclusive workplaces to retain LGBTQ+ accountants

ThomsonReuters

What makes this development particularly concerning is that it comes at a time when accountants are playing an increasingly important role in ensuring information integrity for sustainable business practices and DEI data management.

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Important Changes for Chicago Businesses, Effective July 1, 2022

Nancy McClelland, LLC

The Chicago Department of Business Affairs and Consumer Protection (BACP) released this information recently , much of which affects small business owners in the city. The Chicago minimum wage is tiered for large businesses with 21 or more employees, and small businesses with 4-20 employees.

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Navigating the maze of audit compliance

ThomsonReuters

In today’s rapidly changing business environment, firms need to stay on top of their audit compliance. As disruptive technologies and new regulations are constantly emerging, it can be difficult for businesses to remain compliant.

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7 ways to attract and win new tax clients

ThomsonReuters

Demonstrate your sincere interest in their business and financial lives. Whether you’re at the one-to-one stage of your relationship or casting a wider net to the masses, share your insights and knowledge on a variety of tax, accounting and business hot topics to gain their attention and earn their respect.

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