Withum
FEBRUARY 15, 2024
Tax loss harvesting is an income tax planning strategy that involves selling investments at a loss with the intent to offset capital gain income. This strategy is beneficial to taxpayers who have large capital gain income and are seeking ways to lower their related income tax liability. It is important to note that any tax harvesting must be implemented prior to the end of the applicable tax year, which is December 31 st for individual taxpayers.
Accounting Today
FEBRUARY 15, 2024
Whether they're enthusiastic or terrified, tax practitioners are anything but indifferent to the rise of artificial intelligence.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Going Concern
FEBRUARY 15, 2024
The 150-hour rule debate rages on, hope you’re not sick of talking about it. INSIDE Public Accounting has shared key takeaways from a recent survey of 1,060 members of the New Jersey Society of CPAs (NJCPA) that aimed to get members’ view on the 150-hour rule. Those takeaways are: More than 40% of those surveyed said that new hires working in accounting-related roles who had not completed 150 credit hours “rarely” or “never” pursue CPA certification.
Accounting Today
FEBRUARY 15, 2024
New technology systems and the addition of cryptocurrency on tax forms are just some of the IRS developments to watch in 2024.
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.
Anders CPA
FEBRUARY 15, 2024
Anders has been recognized by USA Today as a Most Recommended Tax & Accounting Firm for 2024. When tax season arrives, finding a tax or accounting firm that fills your business’s needs is vital to ensure necessary documents are filed correctly and on time. USA Today, in cooperation with independent market research institute and statistics platform Statista, unveiled the two titles for the first time.
Withum
FEBRUARY 15, 2024
It’s not always obvious that forensic imaging belongs in your employee offboarding processes. However, imagine these scenarios: Something is missing – you thought the file was right there on your computer. It is a vital client document for which you have looked for hours. You start to think how your old coworker also worked on the project, but their laptop was wiped and reissued after their departure.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
FEBRUARY 15, 2024
A Top Technology Initiative Aritcle – Feb. 2024. In the fall, accounting software makers including Wolters Kluwer, Thomson Reuters, and Intuit all had their conferences. Every event included AI. Many publishers of accounting software hold their events in the early part of the year, typically as sales kick-off meetings and to announce new features. We’ve been lucky to be invited to the AICPA AI in Accountancy Symposium, the Acumatica Summit in Las Vegas , the Oracle NetSuite Influencers’ Conferen
AccountingDepartment
FEBRUARY 15, 2024
For a business, becoming a government contractor can open doors to a sea of lucrative opportunities – but these waters run deep with regulations, especially those set by the Defense Contract Audit Agency (DCAA). A critical cog in the machinery that is the U.S. Department of Defense (DoD), DCAA ensures that taxpayer dollars are used efficiently and effectively in the acquisition of defense-related goods and services.
CPA Practice
FEBRUARY 15, 2024
Kiplinger Consumer News Service Tax Day 2024 is April 15. That’s the day taxes are due for most taxpayers. However, each year, the IRS extends tax deadlines for taxpayers in designated areas impacted by severe storms and natural disasters. The IRS announces these tax deadline extensions for various states as disasters occur. The new tax deadlines may be different for different states.
Accounting Today
FEBRUARY 15, 2024
A recent survey from Ernst and Young has found that people are both excited and fearful of AI in roughly equal measure.
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.
CPA Practice
FEBRUARY 15, 2024
The IRS released a slew of early tax season 2024 stats last week, calling it “a strong start to filing season 2024, with all systems running well.” The tax agency seems pleased with how everything is going thus far, despite a 19% decrease in total returns received, a nearly 17% decrease in total returns processed, and the total number of refunds down 67% as of Feb. 2 compared to Feb. 3 of last year.
Accounting Today
FEBRUARY 15, 2024
With so many options on the table, firms need advice on what to do if they want to remain independent.
CPA Practice
FEBRUARY 15, 2024
In a letter sent to leadership of the Senate Banking Committee and the House Financial Services Committee, the American Institute of CPAs expressed serious concerns with the Financial Crimes Enforcement Network Beneficial Ownership Information reporting requirement which went into effect on January 1, 2024. Despite the AICPA’s extensive efforts, in coordination with many other stakeholders, to inform small businesses of their new obligations concerning BOI reporting, many remain broadly unaware
Accounting Today
FEBRUARY 15, 2024
Not a lot of Latitude; the cupboards are bare; lots of energy; and other highlights of recent tax cases.
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.
Insightful Accountant
FEBRUARY 15, 2024
Clockwork is a financial analytics and planning app that works with QuickBooks Online, Xero and QuickBooks Desktop. If you need more financial metrics and forecasting than your General Ledger can provide, check out this article.
Accounting Today
FEBRUARY 15, 2024
The IRS is pushing back filing and payment deadlines for those impacted in the Great Lake State.
MineralTree
FEBRUARY 15, 2024
Is your accounts payable (AP) check run holding your business back? The AP check run remains a pain point for many finance departments who rely on manual processes and outdated solutions to manage AP — in turn, causing check run delays and hiccups. This blog explores the intricacies of the AP check run and actionable tips to fortify your financial processes.
Accounting Today
FEBRUARY 15, 2024
Some Taxpayer Assistance Centers will be open on Feb. 24, March 16, April 13 and May 18.
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
CPA Practice
FEBRUARY 15, 2024
Data released by the U.S. Census Bureau shows that retail sales cooled in January but that households continued to spend, National Retail Federation Chief Economist Jack Kleinhenz said. “Retail sales softened in January compared with the holiday season, but consumers were still engaged,” Kleinhenz said. “Extreme weather likely disrupted product demand and consumption patterns.
Accounting Today
FEBRUARY 15, 2024
Due to technical issues, some batches may need to be resubmitted to IVES.
CPA Practice
FEBRUARY 15, 2024
The employee retention credit program has become a huge headache—for small business owners, the IRS, and for tax professionals. The ERC program started out with good intentions. The refundable tax credit, which was authorized by the $2.2 trillion coronavirus package known as the Cares Act, aimed to motivate employers to keep workers on staff during the early days of the pandemic as unemployment rates sharply increased.
Accounting Today
FEBRUARY 15, 2024
But the more you automate, the more human you have to be.
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.
GrowthForceBlog
FEBRUARY 15, 2024
8 min read Accounting software is an essential tool in business operations. It improves accuracy, efficiency, and security through automation. Plus, it's a powerful management accounting tool, providing reliable financial and management reports with up-to-date financial data designed to support data-driven decision-making.
Accounting Today
FEBRUARY 15, 2024
Helping clients comply with the Corporate Transparency Act's reporting requirements represents an opportunity for accountants.
CPA Practice
FEBRUARY 15, 2024
Xero has joined a three-year partnership with the accounting firm Mazars , with the firm being awarded Xero Global Partner status. The firm’s clients will have greater collaboration with their advisors and insights across the Mazars network, combined with the benefit of real-time financial data through Xero’s cloud accounting solutions. Mazars is an international audit, tax and advisory firm operating in more than 100 countries and territories.
Menzies
FEBRUARY 15, 2024
Menzies LLP - A leading chartered accountancy firm. Large businesses are increasingly incorporating Environmental, Social, and Governance (ESG) considerations into their procurement processes, and tender documents are a key tool for assessing potential suppliers’ ESG performance and commitment. This is challenging SMEs who don’t yet have all the answers!
Advertisement
Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.
Going Concern
FEBRUARY 15, 2024
Ding dong, the Credit Suisse shareholder lawsuit against KPMG is dead. 11 people at KPMG are celebrating today as the firm, them, and 29 people who worked at Credit Suisse will not be headed to the town pillory for misconduct related to the bank going down in flames last year. Dozens of former Credit Suisse officials and the auditor KPMG won the dismissal of a U.S. shareholder lawsuit claiming they allowed 20 years of “continuous mismanagement” that led to the Swiss bank’s demi
Accounting Today
FEBRUARY 15, 2024
Ten tax stories from the past year that may make you raise an eyebrow.
Insightful Accountant
FEBRUARY 15, 2024
MODEX, the largest manufacturing and supply trade event is being held in Atlanta starting March 11th. More than 1175 suppliers will be presenting the future of supply chain, warehousing, distribution and manufacturing technology.
CPA Practice
FEBRUARY 15, 2024
U.S. business leaders involved in managing digital assets like digital currencies, digital securities, and stablecoins expect digital asset risks to increase and the regulatory environment to become more complex in 2024, according to a recent Deloitte poll. Related investments at most organizations are expected to remain flat. Looking at the next 12 months, nearly one-quarter (24.7%) of respondents believe that the number and size of digital asset risks their organizations must manage will incre
Advertisement
"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.
Expert insights. Personalized for you.
123 
Let's personalize your content