Basis 365

JUNE 6, 2023

Managing your finances as a business owner involves the challenge of determining your own compensation. Balancing personal expenses with the need to reinvest in your business requires careful consideration. Outsourced accounting can be a valuable resource in this regard. How to pay yourself as a small business owner When it comes to paying yourself as a business owner, several factors come into play.

Account 97

Account accountant accounted payroll 97

TaxConnex

JUNE 6, 2023

If you’re a company outside of the United States and you look to start selling into America, congratulations – the U.S. offers you a huge new market. It also offers complex sales tax obligations you may not know about. If you sell in Europe, you know about the value-added tax (VAT) on online sales, which is applied at each stage of the supply chain and with rates generally applied at a country level and exceptions on certain products.

Sales 130

Sales Tax South Dakota Alaska 130

CPA Practice

JUNE 6, 2023

The American Institute of Certified Public Accountants and CPA Practice Advisor have announced the recipients of the 12th annual ‘Most Powerful Women in Accounting’ awards, which recognize leaders for their significant contributions to the profession. The 2023 awards were presented at a ceremony at Dolby Live Stage at the Park MGM Casino during the AICPA ENGAGE conference in Las Vegas on June 6, 2023.

CPA 134

CPA Account accountant accounted 134

Going Concern

JUNE 6, 2023

It’s gonna be a lame summer for EY interns as the firm has trimmed internships down to six weeks and is withholding both Disney AND intern gifts. When it happened in winter, interns were apparently told it was “ because of budgeting due to the potential split.” Now that the Project Everest split is a no-go it’s “supply chain issues” and someone isn’t happy.

Account 120

Account accountant accounted 120

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Account

CPA Practice

JUNE 6, 2023

~ “Trying to stop … generative AI is like trying to stop the calculator.” ~ “It’s here, it’s going to be complex socially, and I’m worried about the next election cycle.” ~ “The deep fake AI videos and audio are the most concerning.” ~ These functions “will lead to elder abuse in the form of getting scammed by con artists.” [These are quotes from several attendees of the 2023 Accounting Think Tank.

Technology 119

Technology E-commerce accounting careers CPA 119

Insightful Accountant

JUNE 6, 2023

A new FloQast study shows that reinvestment in program strategy, staffing and adoption of technology can help organizations navigate turbulent economic times.

Technology 92

Technology 92

Insightful Accountant

JUNE 6, 2023

Intuit is conducting a June 13-15 Bootcamp, which provides ProAdvisors with certification and recertification prep courses for both Core-level and Advanced-level examinations.

79

79

CPA Practice

JUNE 6, 2023

Avani Desai, CPA 2023 Most Powerful Women in Accounting CEO Schellmann & Company, LLC How do you envision the accounting profession evolving in the foreseeable future for women? While the accounting profession has made significant strides in gender diversity and inclusivity in recent years, there’s still a lot of work to be done—in an ideal world of the future, I envision an industry that not only welcomes and values the contributions of women but also provides them with equal opportunities

CPA 92

CPA Account accountant accounted 92

AccountingDepartment

JUNE 6, 2023

Simplifying e-commerce business operations can be achieved by outsourcing specific functions such as accounting and bookkeeping services. For an e-commerce business to thrive and succeed, it is crucial to maintain a clear understanding of its financial position, performance, profit margins, marketing commitments, stock levels, and cash flows on a regular basis.

E-commerce 76

E-commerce bookkeeping services bookkeeping Account 76

Insightful Accountant

JUNE 6, 2023

You can use your potential as a CEO Whisperer to offer differentiated advisory services. In Part 1 of G76's Peter Mares' four-part series, learn how to elevate your services from rules-based to value-based advisory. Sign up for the webinar, too.

65

65

Advertiser: Paycor

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

Going Concern

JUNE 6, 2023

Who needs an entire article about the SEC filing 13 charges against crypto exchange Binance and its founder Changpeng Zhao when the SEC is cranking out tweets like this? Today we charged Binance Holdings Ltd. (Binance); U.S.-based affiliate, BAM Trading Services Inc., which, together with Binance, operates [link] ; and their founder, Changpeng Zhao, with a variety of securities law violations.

Account 57

Account accountant accounted 57

CPA Practice

JUNE 6, 2023

Jessica E. McClain, CPA, CITP, CISA, PMP, CGFM Chief Financial Officer Girl Scouts Nation’s Capital [link] How do you envision the accounting profession evolving in the foreseeable future for women? With the increased emphasis on diversity, I envision more opportunities for flexibility that will allow women to manage home and caregiving responsibilities and the demands of a rewarding career.

CPA 52

CPA Account accountant accounted 52

Reckon

JUNE 6, 2023

Yep, it’s that time of year again – 1 July 2023 is looming, and you need to get your ducks in a row. You not only have to be ready for the new financial year, but you should also be tying up the previous year by ticking off some tasks that tend to fall by the wayside. That’s right – it’s time to spring-clean your small business financials! Basic EOFY checklist First up, there are some basic compliance must-dos you’ll need to take care of.

payroll tax 52

payroll tax accounts payable tax return bookkeeping 52

CPA Practice

JUNE 6, 2023

Kelly Mann, CPA 2023 Most Powerful Women in Accounting CEO & Co-Founder AuditMiner How do you envision the accounting profession evolving in the foreseeable future for women? I believe that policies and expectations around time off, productivity, and when/where/how we work will become more inclusive to allow women to show their true potential.

CPA 52

CPA Account accountant accounted 52

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

MazumaBusinessAccounting

JUNE 6, 2023

Mazuma USA is thrilled to announce the winner of our $10K giveaway for 2023: Yameemah Prescott, founder of SELFY My Sister’s Keeper. Some people may say they love their business, but for Yahmeemah Prescott, her business is love. As a social worker, Yameemah noticed that some of the girls at her school weren’t receiving the support and encouragement they needed to thrive.

Start-ups 52

Start-ups Account accountant accounted 52

CPA Practice

JUNE 6, 2023

Tommye Barie, CPA 2023 Most Powerful Women in Accounting EVP – Leaders Development Success Institute, LLC How do you envision the accounting profession evolving in the foreseeable future for women? The accounting profession will continue evolving to provide more desirability and opportunities for women. The impact women have in our profession is undeniable and while there are still barriers and challenges, the percentage of women in leadership of organizations is on the rise, modified work arra

CPA 52

CPA Account accountant accounted 52

Patriot Software

JUNE 6, 2023

As the compliance deadline of June 9, 2023 approaches, accountants must ensure they’re adhering to the Federal Trade Commission (FTC) Safeguards Rule. This can be a daunting task, but there are ways you can streamline the process. In this article, we’ll discuss the nine requirements of the Safeguards Rule and provide tips for compliance.

Account 52

Account accountant accounted 52

CPA Practice

JUNE 6, 2023

Orumé Hays, CPA, CGMA, MST 2023 Most Powerful Women in Accounting Founder & Managing Director Hays CPA, LLC How do you envision the accounting profession evolving in the foreseeable future for women? The evolution is already happening, we have made a lot of progress in advancing opportunities for women in recent years, but we cannot rest on our laurels.

CPA 52

CPA Account accountant accounted 52

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

Technology

Canopy Accounting

JUNE 6, 2023

What's new: Keep a pulse on your firm's health with live data, easy-to-read visualizations, and the ability to save and share data and data visualizations. The answers you get from live data help you to make data-driven decisions for your firm, including insights on clients, tasks, billing, time, or other areas of your practice. Without data, you're shooting in the dark, and there's no knowing how your business decisions are helping or hindering your firm.

52

52

CPA Practice

JUNE 6, 2023

Diana Stoltzfus, CPA 2023 Most Powerful Women in Accounting Deputy Chief Accountant for the Professional Practice Group SEC Office of the Chief Accountant How do you envision the accounting profession evolving in the foreseeable future for women? The profession needs to attract more talent and women play a critical role in driving the profession forward.

CPA 52

CPA Account accountant accounted 52

Withum

JUNE 6, 2023

Three friends had medical problems due to inattention or disinterest by their physicians. You need to be alert and an active advocate for yourself. Here are the three situations and how to avoid these problems. A friend that was allergic to the glue used on the tape in certain operations told her surgeon, who noted it on the chart. When the operation was completed, that glue was used, and she had a terrible allergic reaction.

Hospitality 52

Hospitality CPA Finance Tax 52

CPA Practice

JUNE 6, 2023

Lindsay Stevenson, CPA, CGMA 2023 Most Powerful Women in Accounting Chief Transformation Officer BPM How do you envision the accounting profession evolving in the foreseeable future for women? I believe that women will continue to create new leadership opportunities within the profession that leverage the unique skills and abilities women bring to the table.

CPA 52

CPA Account accountant accounted 52

Advertiser: Paycor

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

Menzies

JUNE 6, 2023

Menzies LLP - A leading chartered accountancy firm. This article provides an overview of the penalty regime for income tax self-assessment matters as it applies to the most frequently occurring scenarios where HMRC issue a penalty, as follows – Penalties for errors or omissions in submitted returns Penalties for failing to notify HMRC of a liability to tax Penalties for failing to submit a return on time, and Penalties for paying tax late.

Tax 52

Tax income tax chartered accountant accounting and finance 52

CPA Practice

JUNE 6, 2023

Arianna Campbell, LSS 2023 Most Powerful Women in Accounting Shareholder Consultant Boomer Consulting, Inc. How do you envision the accounting profession evolving in the foreseeable future for women? As more women rise to leadership positions, there will be more support for women throughout the profession. Representation matters. Women in leadership are role models whose presence encourages others to follow a similar path or to blaze their own trail.

Account 52

Account accountant accounted accounting firms 52

Anders CPA

JUNE 6, 2023

Operating a family business oftentimes means exactly that: the entire family is involved, even minor children who may be too young to work outside the family business. There are numerous perks to these arrangements, for the child, parent and business, in addition to several enticing tax benefits for all three. It’s important to pay a reasonable wage for reasonable work and to process payments properly in both the books and on tax returns to avoid audit risks.

income tax 52

income tax tax return Tax audit 52

CPA Practice

JUNE 6, 2023

Jennifer Wilson 2023 Most Powerful Women in Accounting Partner & Co-Founder ConvergenceCoaching, LLC How do you envision the accounting profession evolving in the foreseeable future for women? Women are rising! As Baby Boomers continue to retire and Gen X, Y and Z ascend to leadership, I envision the profession being led with more equity and parity, with an increasing number of women owners and Managing Partners.

Account 52

Account accountant accounted accounting firms 52

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Finance

Insightful Accountant

JUNE 6, 2023

See how ForwardAI's Forwardly platform is helping small businesses receive payments now—and why that matters to your clients.

52

52

CPA Practice

JUNE 6, 2023

Guylaine Saint Juste, SHRM-SCP, CAE 2023 Most Powerful Women in Accounting President & CEO NABA, Inc. How do you envision the accounting profession evolving in the foreseeable future for women? The accounting profession is evolving to become more inclusive and supportive of women in general. I would like to see more Black women both enter the field and rise to their boldest ambitions.

Account 52

Account accountant accounted accounting firms 52

Mark Lee

JUNE 6, 2023

These days many accountants feel as if they are working harder than ever just to stand still. And that feeling seems worse if they are looking to actively grow their practice. The pressures and stresses of modern life are partly a function of newer forms of communication. Thirty years ago clients either wrote letters or, when they needed urgent help, they would telephone the office.

Start-ups 52

Start-ups Account accountant accounted 52

CPA Practice

JUNE 6, 2023

Carla McCall, CPA , CGMA 2023 Most Powerful Women in Accounting Managing Partner AAFCPAs How do you envision the accounting profession evolving in the foreseeable future for women? The accounting profession is evolving significantly for everyone. Consider the infusion of technology, including AI and RPA, and how it’s changing the way we work. There are many more choices today for those building their career, and one’s path does not need to be linear nor focused in one area.

CPA 52

CPA Account accountant accounted 52

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"Offer payroll and do it yourself,” they said. “It’ll be fun!” Spoiler alert: It was not fun. Most CPA firms know that they need to offer payroll services to their clients or risk losing them to another firm that will. However, many don’t really want to. It is often time-consuming and complex due to changing tax laws and regulations, and with the growing staffing shortages, most just don’t have the resources.

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