Sun.Jul 16, 2023

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Benefits of a Living Trust for Your Estate

RogerRossmeisl

You may think you don’t need to make any estate planning moves because of the generous federal estate tax exemption of $12.92 million for 2023 (effectively $25.84 million if you’re married). However, if you have significant assets, you should consider establishing a living trust to avoid probate. Probate is a court-supervised legal process intended to make sure a deceased person’s assets are properly distributed.

Legal 246
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Interview: Meet the Brilliant & Insightful Nancy McClelland, CPA

Nancy McClelland, LLC

Nancy modeling at the Beehive In Bloom Fashion Show | photo by Zak Jacobson It’s not often I am described as either brilliant or insightful — so it’s a banner day when referred to as both. And what better day than today, the 22nd anniversary of starting my own accounting firm? To celebrate, I am delighted to share a recent interview with CanvasRebel , an online magazine and podcast that highlights voices of small business owners — in their words, “stories about our

CPA 98
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Traveling for Business This Summer? Here’s What You Can Deduct

RogerRossmeisl

If you and your employees are traveling for business this summer, there are a number of considerations to keep in mind. Under tax law, in order to claim deductions, you must meet certain requirements for out-of-town business travel within the United States. The rules apply if the business conducted reasonably requires an overnight stay. Note: Under the Tax Cuts and Jobs Act, employees can’t deduct their unreimbursed travel expenses on their own tax returns through 2025.

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Partner Showcase: CRMIT Solutions

Accounting Seed

CRMIT Solutions, a certified Salesforce and Accounting Seed partner, was founded in 2003 as a Salesforce services company focused on digital transformation to deliver Customer 360. With over 1500 successful implementations under their belt, CRMIT specializes in Salesforce CRM (Customer Relationship Management), business insights, field transformations, and much more.

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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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Good Acquisition? Not if your Seller’s Hiding Something

RogerRossmeisl

If you’re considering buying a company, fraud may be the last thing on your mind. Unfortunately, you can’t afford to ignore the possibility that your acquisition target is hiding something — possibly something that will have negative financial and legal implications after the deal is complete. To ensure the transaction is what it appears to be, acquaint yourself with the issues and include a forensic accounting expert on your deal team.

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Considerations for Leveraging Federal Funding to Close the Digital Equity Gap

Cherry Bekaert

With billions of dollars in available federal funding, state and local governments can significantly improve the quality of public broadband connectivity services, especially for unserved and underserved populations. As they work to close the digital divide and utilize these funds, governments also face a great need for program integrity and audit readiness solutions that ensure projects facilitate compliance and deliver results.

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Index Up as Small Businesses Plan for More Hiring, Higher Revenue

Insightful Accountant

According to the latest MetLife & US Chamber of Commerce Small Business Index, small businesses are feeling better about the future. Read more here.

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Happy 22nd “Birthday” To The Dancing Accountant!

Nancy McClelland, LLC

It’s been almost a year since our shindig with the Logan Square Chamber of Commerce , clients, and friends — celebrating 21 years of working with small businesses in our community. Today we celebrate our 22nd trip around the sun in this amazing neighborhood, and it’s high time we share all those great memories of the blow-out party that was.

Account 52
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QuickBooks Time Now QuickBooks Workforce

Insightful Accountant

Intuit has consolidated pay and tax info into this new QuickBooks Workforce centralized app.

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Happy 22nd “Birthday” To The Dancing Accountant!

Nancy McClelland, LLC

It’s been almost a year since our shindig with the Logan Square Chamber of Commerce , clients, and friends — celebrating 21 years of working with small businesses in our community. Today we celebrate our 22nd trip around the sun in this amazing neighborhood, and it’s high time we share all those great memories of the blow-out party that was.

Account 52
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How to Build the Ideal HR Team

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.