Sun.Jan 14, 2024

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New Beneficial Ownership Reporting Requirements Effective 1/1/24

RogerRossmeisl

Starting in 2024 newly formed, corporations, limited liability companies (LLCs), limited partnerships, and other entities that file formation papers with a state’s Secretary of State’s office (or similar government agency) must file a report with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) providing specified information regarding the entity’s “beneficial owners” (the so-called BOI reporting requirement under the Corporate Transparency Act).

CPA 262
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Soon To Be Released: QuickBooks Solopreneur

Insightful Accountant

Intuit will soon introduce another versions of QuickBooks Online for solopreneurs who need more than QuickBooks Self-Employed but less than QuickBooks Simple-start.

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FinCEN Alerts BOI Reporting Companies to Fraud Attempts

RogerRossmeisl

As the Financial Crimes Enforcement Network (FinCEN) opens its beneficial ownership information (BOI) reporting portal, its BOI webpage, reflects a fraud alert for individuals and entities who may be subject to beneficial ownership information (BOI) reporting. According to the FinCEN fraud alert, individuals and entities that may be subject to the beneficial ownership information (BOI) reporting requirements have been receiving fraudulent correspondence, via email or traditional mail, that appea

CPA 258
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Four trends that will shape AI in 2024 and beyond

Xero

There is no shortage of hype surrounding artificial intelligence (AI). While the large language models that underpin these new generative AI tools have existed for a long time, AI as a technology has remained in the hands of engineers and scientists, peripheral to the public’s awareness. Over the past 12 months, however, we crossed an important threshold: for the first time in human history, anyone with a browser and keyboard could tap into its tremendous technological power.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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Darren Root on Ai In Accounting in 2024

Insightful Accountant

Gary DeHart and Darren Root, Chief Strategy Officer, RightWorks discuss Ai in Accounting in 2024. They dive the Products, New Skills needed, the future of the tech stack and how Ai can assist with the staffing shortages impacting the profession.

Account 52