CPA Practice

OCTOBER 27, 2023

By Allison Arieff, MIT Technology Review (TNS) His official title is vice president of regulated reporting solutions. But really, Billy Scherba, CPA, is a carbon accountant. At Persefoni, a platform for climate management, Scherba works with companies to measure, manage, and disclose their contributions to climate change. Billy Scherba Carbon accountants help companies understand what data matters to their carbon footprint, how to collect that data in a consistent manner, and how to use it to ca

Account 124

Account accountant accounted Transportation 124

Going Concern

OCTOBER 27, 2023

Although EY had “one of the most successful years in the history of the organization with record global revenues and continued significant growth” according to their own revenue announcement in September , the firm also had a $500 million hole bored into its collective pockets by Project Everest (maybe less depending on who does the accounting and what level of wizard they are ).

audit 109

audit Tax Government Account 109

Anders CPA

OCTOBER 27, 2023

After announcing an immediate moratorium on processing new Employee Retention Tax Credit (ERTC) claims , the IRS has issued new guidelines on a special withdrawal process. If an employer filed an ERTC claim, the withdrawal process potentially allows them to withdraw their claim and avoid costly repayments compounded by interest and additional penalties.

Tax 105

Tax CPA 105

Accounting Today

OCTOBER 27, 2023

Small businesses are experiencing the weakest sales since 2020, according to a new report from Xero, despite signs of an improving economy.

Sales 112

Sales Account accountant accounted 112

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

Randal DeHart

OCTOBER 27, 2023

Starting a new construction business is exciting but has its fair share of responsibilities. One of the most critical responsibilities is maintaining accurate records of your business transactions. From saving receipts to processing employee payroll, every money-related detail should be documented. It's not just about keeping things tidy; it's about understanding the financial health of your business and meeting all your tax obligations.

Construction 92

Construction Start-ups bookkeeping payroll 92

Accounting Today

OCTOBER 27, 2023

Plus, Gusto and FreshBooks jointly release FreshBooks Payroll; and other accounting technology news.

Technology 129

Technology payroll Account accountant 129

Accounting Today

OCTOBER 27, 2023

The 2023 Accounting MOVE Project report focuses on how women can navigate the shifting workplace in the accounting profession.

Account 115

Account accountant accounted 115

Withum

OCTOBER 27, 2023

CPAs perform a wide range of services including personal financial planning. This is a critical service for clients and I feel the CPA is best able to perform these services. I have been doing this since I started my own practice, having considerable experience from my initial jobs with CPAs. Why Choose Your CPA for Personal Financial Planning: Key Reasons CPAs performing these services are usually very experienced in this with some CPAs earning the Personal Financial Specialist (PFS) designatio

cpas 59

cpas CPA tax return tax preparation 59

Accounting Today

OCTOBER 27, 2023

The Internal Revenue Service is providing a way for businesses to withdraw incorrect claims for the Employee Retention Credit, but what about the claims that have been paid out already?

Tax 97

Tax 97

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. If you earn Esports income from activities such as streaming, sponsorship, or tournament winnings, did you know you may need to declare this to HMRC and you may have tax to pay? There are more and more opportunities to make money from Esports, whether as an individual or a team, and in some cases the cash at stake can be substantial.

Sports 59

Sports Tax tax return chartered accountant 59

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Accounting Today

OCTOBER 27, 2023

A survey by the National Association of Tax Professionals revealed two programs that stand out.

Tax 112

Tax Account accountant accounted 112

CPA Practice

OCTOBER 27, 2023

By Irina Anghel, Bloomberg News (TNS) Ernst & Young LLP partners in the U.K. saw their share of profits drop for the first time in three years as the Big Four audit firms face economic uncertainty. Partners at the accounting firm’s U.K. arm pocketed an average of £761,000 ($923,000) last year, compared with £803,000 the year before. The firm also cut its pay rise and bonus pool by about 30% to £155 million.

accounting firms 59

accounting firms audit Account accountant 59

Accounting Today

OCTOBER 27, 2023

Partners at the Ernst & Young in the U.K. saw their share of profits drop for the first time in three years as the Big Four face economic uncertainty.

Account 75

Account accountant accounted 75

ThomsonReuters

OCTOBER 27, 2023

Doing good things for the right people for the right reasons can be very rewarding. But, many accounting firms offering pro bono services fail to take a strategic and organized approach, opening themselves up to a host of potential challenges. One reason firms fail to plan is that it’s difficult to decide how much to give away and to whom. Another challenge is that some clients don’t appreciate the value you’re giving them when you do offer pro bono services.

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Account accountant accounted accounting firms 59

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.

Accounting Today

OCTOBER 27, 2023

REDW relocates Albuquerque office; Eide Bailly names nonprofit Project Chimps winner of its annual Resourcefullness Award; and more news from across the profession.

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cpas 70

Patriot Software

OCTOBER 27, 2023

Canton, Ohio Patriot Software, a leading online accounting software provider, and Stripe, a financial infrastructure platform for businesses, have joined in a partnership to offer a new era of enhanced and frictionless payment experiences for customers.

Ohio 59

Ohio accounting software online accounting Account 59

Accounting Insight

OCTOBER 27, 2023

Intrastat is an obligation created in 1993 that applies to certain businesses that trade internationally in the European Union. Specifically, it relates to the movement of goods – arrivals and dispatches – across EU Member States. The requirements of Intrastat remain similar across the EU, though certain Member States have implemented rules differently.

E-commerce 59

E-commerce Transportation Sales Tax 59

Accounting Seed

OCTOBER 27, 2023

With Accounting Seed on Salesforce, Gordon James Realty is making their mark in the property management business Whether you’re looking to buy your first home or you’re an experienced investor, Gordon James Realty has your back. Serving the Washington D.C., Virgina, and Maryland areas, Gordon James Realty was established in 2012 as a full-service property management company helping others maximize their investment in owning property.

Technology 59

Technology Account accountant accounted 59

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

Withum

OCTOBER 27, 2023

Princeton, NJ—Withum, a Top 25 advisory and accounting firm, released its 2023 Law Firm Leadership Annual Trend Report with data from this year’s Law Firm Leadership Survey. Firm Managing Partners, Chief Executive Officers and others in leadership roles were surveyed on their perspectives on AI, cybersecurity, succession planning and more in a market that has cooled in recent years.

accounting firms 52

accounting firms Account accountant accounted 52

CPA Practice

OCTOBER 27, 2023

Online accounting software provider Patriot Software has partnered with online payments system Stripe to offer frictionless payment experiences for customers. Under this partnership, Patriot Software accounting customers can now effortlessly accept credit card payments on customer invoices, significantly enhancing the efficiency and convenience of their financial operations.

accounting software 52

accounting software online accounting Account accountant 52

Cherry Bekaert

OCTOBER 27, 2023

Contributors: Brandon Goodwyn, Senior Associate, Accounting Advisory Global businesses operating in multiple countries or investing in foreign currencies must have a thorough understanding of foreign exchange principles to manage risks (exposure). To operate at peak performance, management should understand the types of exposure present, available foreign exchange instruments, hedge accounting practices and accounting for foreign exchange transactions.

Account 52

Account accountant accounted accounting and finance 52

Accounting Today

OCTOBER 27, 2023

An investigation found significant flaws in accounting behind carbon credits from Zimbabwe-based Kariba.

Account 70

Account accountant accounted 70

Advertiser: Paycor

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Insightful Accountant

OCTOBER 27, 2023

MyCorporation has been a reliable resource for accountants looking to complete business filings for their clients for more than 25 years.

Account 52

Account accountant accounted 52

Accounting Today

OCTOBER 27, 2023

The business model of a CPA firm has shifted, and many firms are still not acknowledging that.

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CPA cpa firm 73

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. Capital gains tax (CGT) has traditionally been a tax that most people could ignore. If you happened to be caught within its grasp, you could consider yourself in a relatively wealthy minority. However, as has happened with higher rate tax, the reach of CGT has been growing and will extend further over the next few years.

Tax 45

Tax income tax chartered accountant accounting firms 45

Accounting Today

OCTOBER 27, 2023

Your competitors of the future are probably not who you think they are.

cpas 54

cpas 54

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CPA Practice

OCTOBER 27, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, have a chat about firm technologies, and which upgrades they see as beneficial to firms, allowing them to accomplish more even if facing talent shortages. Use the podcast player below to listen. Transcript (Note: There may be typos due to automated transcription errors. Also, due to the intro to the podcast, add apx. 10 seconds to the time stamps below.

Technology 59

Technology Start-ups audit quickbooks 59

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. Stamp Duty Land Tax (SDLT) can be a significant expense for property investors and developers in England and Northern Ireland. However, by understanding and correctly applying the relevant tax reliefs, it is possible to significantly reduce the amount of SDLT that needs to be paid. In this article we outline the top 5 SDLT reliefs that you need to be familiar with.

Tax 64

Tax chartered accountant Construction Maine 64

CPA Practice

OCTOBER 27, 2023

The Internal Revenue Service is reminding employers that the best way to file their next quarterly payroll tax return by the Oct. 31, 2023, due date is electronically. While paper filing is available, the IRS strongly encourages e-filing. E-filing is the most secure, accurate method to file returns, and saves time. E-filing is easy with auto-populating forms and schedules and a step-by-step process that performs calculations for the user.

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payroll tax payroll South Carolina Tax 105

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. The UK hospitality and leisure sector has faced a number of challenging circumstances over recent years, which have distracted operators away from tackling the sustainability issue. With the UK Hospitality Sustainability Conference last week, there is renewed focus on this important issue. This article highlights the importance of setting clear sustainability KPI’s that align with goals, which once agreed need to be communicated to all stakehol

Hospitality 59

Hospitality chartered accountant financial statements Start-ups 59

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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.

cpa firm