Accounting Today

JANUARY 11, 2024

The official start date of tax season for individual taxpayers will be on Jan. 29, but the Internal Revenue Service plans to accept business tax returns as soon as Jan. 16.

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tax return business tax Tax corporation tax 129

TaxConnex

JANUARY 11, 2024

Business explosions are often followed by money-making opportunities within those businesses. With TikTok, the red-hot display showcase of short videos and influencers with more than a billion monthly active users, that opportunity takes the form of TikTok Shop. The forum enables product discovery, checkout and post-payment activities from within the TikTok app.

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Sales Tax Utah tax return 199

Accounting Today

JANUARY 11, 2024

Salary, burnout and work-life balance are among the factors affecting retention of accountants, according to a report from the Illinois CPA Society.

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Illinois cpas Account accountant 135

CPA Practice

JANUARY 11, 2024

By Steve Brown, The Dallas Morning News (via TNS). The battered commercial property business will likely see a rebound later this year. That’s the forecast from top analysts at Dallas-based CBRE Group, one of the world’s largest commercial real estate firms. “We expect 2024 will be decidedly different for real estate investors,” Darin Mellott, head of Americas capital markets research for CBRE, which moved its headquarters to Dallas in 2020.

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Real Estate Construction Texas Start-ups 113

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

Accounting Today

JANUARY 11, 2024

U.S. congressional negotiators are nearing a bipartisan deal to renew expired business tax breaks and boost the child tax credit in time for many voters to receive the benefit during the current election year.

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Tax business tax 115

CPA Practice

JANUARY 11, 2024

The Governmental Accounting Standards Board has issued new guidance that requires state and local governments to disclose information about certain risks. Although such governments are required to disclose information about their exposure to some risks, such as interest and credit risk associated with investments, essential information about certain other risks that are prevalent among state and local governments is not routinely disclosed because it is not explicitly required.

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financial statements Control Spend Government accounting standards 105

Accounting Today

JANUARY 11, 2024

The Securities and Exchange Commission has approved several new Bitcoin-based exchange traded products, despite skepticism of the asset and its value, following an appeals court decision.

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Technology 99

Insightful Accountant

JANUARY 11, 2024

The magical 'checkbox' turns one-sided items into two-sided items allowing you to use the same item to sell and purchase, and making for proper reporting on item profitability.

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quickbooks 88

Accounting Today

JANUARY 11, 2024

The seven states that impose the least on residents have an individual income tax burden of 0.00%.

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income tax Tax 122

CPA Practice

JANUARY 11, 2024

By Jeff Ostrowski, Bankrate.com (via TNS). The average rate on 30-year fixed mortgages ticked down to 6.94% this week from 6.96% the previous week, according to Bankrate’s weekly national survey of large lenders. Just a few months ago, the average rate on 30-year home loans topped 8%. But mortgage rates dropped after the Federal Reserve indicated it’d begin cutting its key rate in 2024.

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Sales 64

Advertiser: Paycor

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Accounting Today

JANUARY 11, 2024

The failure of the leaders of the Ivy League universities to condemn antisemitism could affect their tax-exempt status, the chairman of the House Ways and Means Committee said.

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Tax 68

CPA Practice

JANUARY 11, 2024

By Michael Sasso, Bloomberg News (via TNS). There’s no relief in sight for U.S. car owners who’ve faced soaring costs of maintaining a vehicle in the past two years. Prices of motor-vehicle insurance rose 20.3% in December from a year earlier, the biggest jump since 1976, according to the Bureau of Labor Statistics. That was the 16th straight month of annual gains exceeding 10%.

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Maine Start-ups 64

Accounting Today

JANUARY 11, 2024

Is a legacy firm one that follows tradition, or one that's interested in maintaining its legacy for years to come?

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accounting firms Account accountant accounted 91

CPA Practice

JANUARY 11, 2024

The AICPA & CIMA have opened the application period for the EDGE in Teaching Awards and Distinguished Achievement in Accounting Education Award. The two awards highlight accounting educators at the college level for their outstanding achievements in the field, and for their contribution to shaping the best new talent for the profession. As the profession grapples with a talent shortage, the AICPA & CIMA are committed to boosting the pipeline of talented, passionate professionals entering

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Education Account accountant accounted 64

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.

Withum

JANUARY 11, 2024

I find the following information interesting and informative and put them in charts for easy viewing. The charts start with 1990 and go through the end of 2023. The chart with the annual sales growth starts in 2001. I prepared the charts, but the underlying data came from Multpl , which has a ton of additional information and statistics, and I recommend checking it out.

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Tax Sales 59

CPA Practice

JANUARY 11, 2024

Top 60 accounting firm Prager Metis has expanded its presence in North Carolina by combining with Asheville-based Goldsmith Molis & Gray, a full-service tax, accounting, payroll, and consulting firm. Financial terms of the deal, which became official on Jan. 1, weren’t disclosed. Joe Molis, Allen Gray, and Crystal Goldsmith have joined Prager Metis as partners, and George Gabler and Steven Foster have joined as principals.

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North Carolina Nevada Connecticut New Jersey 59

Withum

JANUARY 11, 2024

In the realm of finance, a revolutionary trend is emerging: tokenization. This process involves converting real-world assets into digital tokens, a concept gaining traction worldwide. As reported by Bloomberg, the Philippines Bureau of the Treasury’s recent decision to offer 10 billion pesos ($179 million) of tokenized treasury bonds marks a significant step in this direction.

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Government Finance Technology 59

LSLCPAs

JANUARY 11, 2024

In today’s rapidly advancing business world, the integration of Artificial Intelligence (AI) and Robotic Process Automation (RPA) is leading a transformative shift in how companies operate and compete. These technologies, once on the fringe of futuristic speculation, have now become central pillars for driving operational efficiency and securing a competitive edge in the market.

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Technology cpas 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

CPA Practice

JANUARY 11, 2024

Professionals on the Move is a round-up of recent hiring and promotion announcements from around the profession. Kavanagh joins CohnReznick as Assurance Partner CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, recently announced that Charles (Chuck) Kavanagh , CPA has joined the firm as an assurance partner.

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Delaware Georgia CPA bookkeeping 59

Insightful Accountant

JANUARY 11, 2024

Join William Murphy, Sr. Technical Editor of Insightful Accountant, in this special episode of the Accounting Insiders Podcast as he shares top takeaways from QuickBooks Connect 2023!

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quickbooks Account accountant accounted 52

Withum

JANUARY 11, 2024

Withum held its annual State of the Firm on January 9, 2024, at the New Jersey Performing Arts Center (NJPAC) in Newark, NJ. Team members from all over the country gathered to hear the latest updates and projections across Advisory, Tax and Audit Services as well as Firm Operations. Pat Walsh , Managing Partner and CEO, moderated panels of Firm leaders in a new fireside chat-style format that gave attendees a front-row seat to conversations and insights about the future of Withum relating to AI

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New Jersey New York Technology audit 52

Insightful Accountant

JANUARY 11, 2024

Form 7203 compliance could be an easily overlooked form this tax season. Not all tax software or all preparers are aware of the form’s filing requirements or when they need to be prepared. Discover more in this webinar replay!

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Tax 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.

CPA Practice

JANUARY 11, 2024

Canopy , a maker of accounting practice management software, has launched its new podcast, “Canopy Practice Success.” The podcast features interviews with top accounting profession thought leaders and firm owners. Learn from industry experts on Canopy’s Practice Success Podcast In each episode of the Practice Success Podcast, Canopy takes a deep dive with accounting professionals, exploring their career trajectory, extracting advice for firms, and discussing the latest trending topics.

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accounting firms North Carolina Account accountant 52

Insightful Accountant

JANUARY 11, 2024

A WISP (Written Information Security Plan) is required for tax and accounting professionals. Lucky for you, Christine Gervais did a webinar on this topic a few months ago and we’re bringing it back around for your viewing.

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Tax Account accountant accounted 52

CPA Practice

JANUARY 11, 2024

Tax season officially starts Jan. 29, 2024, when the IRS begins accepting and processing tax returns for the 2023 tax year. With the IRS anticipating receiving nearly 129 million individual tax returns by the April 15, 2024, deadline this season, getting an early start on prepping yours may be best. The Illinois CPA Society offers these tips for speeding up the filing process: Gather all your information first.

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Illinois CPA Tax tax return 52

Insightful Accountant

JANUARY 11, 2024

Accountants can enhance their firm's security without being IT specialists. By creating a security partnership with Swizznet, they can share resources and expertise to protect against cyber threats and data breaches during tax season wrap-up.

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Tax Account accountant accounted 52

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Finance

CPA Practice

JANUARY 11, 2024

By Kiplinger Consumer News Service (via TNS). Employees of state and local governments can stash more money in their 457 plans in 2022 than in 2021. Plus, those who are 50 and older can make “catch-up” contributions. 457 Contribution Limits for 2022 The maximum amount you can contribute to a 457 retirement plan in 2022 is $20,500 , including any employer contributions.

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income tax Washington Tax management accounting 52

Insightful Accountant

JANUARY 11, 2024

Overcome growth and profitability challenges with outsourced accounting Pacific Accounting and Business Services invites you to a power packed Webinar: The Outsourcing Advantage for Accounting Firms: BUILD, SCALE and THRIVE.

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accounting firms Account accountant accounted 52

CPA Practice

JANUARY 11, 2024

By Bill Shaikin, Los Angeles Times (TNS) Congress should narrow a loophole that could spare Shohei Ohtani from paying tens of millions in California taxes, the state controller said Monday. The Dodgers last month signed Ohtani to a 10-year, $700-million contract, with Ohtani deferring $680 million until after the contract expires in 2033. By that time, Ohtani could have returned to Japan or moved elsewhere outside California, where he might not be liable for state taxes on the deferrals.

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California Tax 52

Insightful Accountant

JANUARY 11, 2024

GruntWorx offers web-based products that automate tax document organization, data entry, and review. Their tax automation technology eliminates manual conversion of paper documents to digital files, streamlining data entry and file organization.

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Technology Tax 52

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.

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