Accounting Insight

SEPTEMBER 6, 2023

Upcoming European rules on environmental, social and governance (ESG) reporting are expected to impact 50,000 companies. A new report by Payhawk shows the urgent need for finance teams to take action and understand the role they have to play. The ESG reporting: Priorities for Finance Teams ebook by Payhawk, outlines the critical role that finance professionals have in integrating ESG considerations into financial decision-making, risk management reporting, stakeholder engagement and best pract

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Finance accounting and finance Government Technology 59

Accounting Today

SEPTEMBER 6, 2023

The ADP Research Institute released a report on how worker promotions can affect businesses and employee retention and debuted a new index for tracking employee motivation and commitment.

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payroll 127

CPA Practice

SEPTEMBER 6, 2023

By Gail Cole. Not many people had heard of a non-fungible token (NFT) a decade ago, yet by 2021, NFT art was selling for millions. Everydays: The First 5000 Days sold for $69.3 million in March 2021, The Merge for a whopping $91.8 million nine months later. That kind of money could turn any tax official’s head. But is the sale of an NFT subject to tax?

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Accounting Today

SEPTEMBER 6, 2023

Corporate tax departments are going through major transformation in response to the challenging legal and regulatory environment, according to a new survey from Deloitte.

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Tax corporation tax Legal 127

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

CPA Practice

SEPTEMBER 6, 2023

The question in the title of this article is one the Treasury Inspector General for Tax Administration (TIGTA) recently tried to answer for some members of Congress who asked the IRS watchdog to evaluate employees moving between large accounting firms and the IRS, often referred to as the “revolving door.” In its report , TIGTA said the objective of the review was to assess the IRS’s processes and procedures to identify and address potential conflicts of interest regarding tax administration mat

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accounting firms Account accountant accounted 119

Accounting Today

SEPTEMBER 6, 2023

The Financial Accounting Standards Board voted to adopt its eagerly awaited standard for cryptocurrency like Bitcoin held by companies.

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CPA Practice

SEPTEMBER 6, 2023

By Ashlyn Brooks, Kiplinger Consumer News Service (TNS) Retirement may represent a fresh episode of your life, but a surprising twist might be a drop in your credit score. Even if borrowing isn’t on your agenda, your credit score could affect other aspects of your life, ranging from how much you pay for auto insurance to whether you’ll be admitted to an assisted-living facility.

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Accounting Today

SEPTEMBER 6, 2023

There is no doubt generative artificial intelligence is gaining popularity as industries, including accounting, debate how it can be adopted into workflows.

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Account accountant accounted 120

CPA Practice

SEPTEMBER 6, 2023

The ADP Research Institute (ADPRI) reveals the business impact of promotions and presents a new way to measure worker motivation and commitment in Today at Work , a fresh and comprehensive data-driven resource for business leaders and other decision-makers. In the September issue of Today at Work – “The Hidden Truth About Promotions” – ADPRI shows how promotions, under certain conditions, can impact businesses, a finding that underscores the importance of having a thoughtful retention plan and a

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Construction Healthcare Transportation Education 115

Accounting Today

SEPTEMBER 6, 2023

Microsoft is adding the programming language to its iconic spreadsheet program, Google is diving into e-signatures, and eight other new developments.

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Technology accounting software Account accountant 115

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

SEPTEMBER 6, 2023

By Joey Solitro, Kiplinger Consumer News Service (TNS) Some 61% of Americans of all income brackets were living paycheck to paycheck as of July, with many citing nonessential spending as a major factor for their situation, according to a new survey. That percentage is 2 points higher than a year ago, according to the survey of 3,443 U.S. consumers conducted from July 5 to July 20 by LendingClub in partnership with PYMNTS.

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Xero

SEPTEMBER 6, 2023

For the fifth year in a row, Xero has taken out Canstar’s Most Satisfied Customer Award for small business accounting software. This is an incredible achievement, showcasing our value to small businesses across Aotearoa New Zealand. Canstar Blue is a customer satisfaction research and ratings business aimed at helping consumers make better purchasing decisions.

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Going Concern

SEPTEMBER 6, 2023

*There are no stock photos of the Marcum bus , enjoy this terrible facsimile instead. Marcum announced on Tuesday that 31 men and women are ascending to exalted partner status at the firm, 39% of whom are women. This latest partner class would have beat 2021’s record of 29 freshly minted Marcum partners had the Friedman merger not injected several extra individuals into the class of 2022.

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CPA Practice

SEPTEMBER 6, 2023

When it comes to things like managing cash flow, finding customers, and growing their business, small business owners have to make important decisions that can have a significant impact on their success. That’s where Intuit Assist for QuickBooks comes in—our new generative AI-powered financial assistant, now available in beta and rolling out more broadly later this year, designed to help your clients succeed.

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quickbooks Technology Sales accounting firms 97

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

SEPTEMBER 6, 2023

Check out APD's Kristen Appleman take on the latest trend helping today's small business owners get an edge—Going Big. You can listen to the Workforce News Minute here.

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Accounting Today

SEPTEMBER 6, 2023

The IRS is giving South Carolina residents impacted by the storm later filing and payment dates.

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South Carolina Tax 122

Insightful Accountant

SEPTEMBER 6, 2023

Intuit’s new Generative AI-Powered Assistant for consumers and small businesses was introduced during its Innovation Day Event on Sept. 6, 2023.

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Withum

SEPTEMBER 6, 2023

Jimmy Buffett passed away Friday at age 76. Earlier that day, I was driving home with my wife, and we were listening to Sirius Radio Margaritaville, which had a countdown of Jimmy Buffett’s greatest hits. We got home a little early and sat in the car a few minutes longer to hear the final songs. Actually, the only reason I subscribed to Sirius was because of Jimmy Buffett.

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Tax 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

SEPTEMBER 6, 2023

Starting on Jan. 1, 2024, businesses will be required to electronically file Form 8300 , Report of Cash Payments Over $10,000 , instead of filing a paper return, the IRS said on Aug. 30. This new requirement follows final regulations amending e-filing rules for information returns , including Forms 8300, that were released last February. Businesses that receive more than $10,000 in cash must report transactions to the federal government.

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accounting and finance Government Tax Start-ups 59

Accounting Today

SEPTEMBER 6, 2023

So far, crypto hasn't moved the needle for the state's treasury, which is already restricted by the absence of corporate income tax.

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Wyoming income tax Tax corporation tax 63

CPA Practice

SEPTEMBER 6, 2023

A 3-part conversation series that dives into the sizzling hot world of artificial intelligence and shares practical tips on how to leverage it to boost productivity, unlock growth potential, and create more resilient organizations. Each conversation features distinguished panelists who have made significant contributions to the field of AI, moderated by industry veterans.

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Technology 59

Accounting Today

SEPTEMBER 6, 2023

Your OZ clients' working capital safe harbor business plans need to be updated by Sept. 8, 2023.

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Tax 71

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.

Ryan Lazanis

SEPTEMBER 6, 2023

Firm owners can overcome capacity constraints by tapping into global talent pools, but you need to have the right approach for offshoring to work. In this podcast episode, I shared my strategies and insights to navigate this transformative workfoce model successfully. Listen Below. 0:58 – Many of us are swamped. The workload keeps piling up, and while it’s beneficial for our financial success, it’s a real challenge to locate the right personnel to handle it. 2:16 – I neve

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Accounting Today

SEPTEMBER 6, 2023

The Top 20 Firm bought the risk management and loan review services divisions of Sheshunoff Consulting + Solutions.

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Menzies

SEPTEMBER 6, 2023

Menzies LLP - A leading chartered accountancy firm. In recent years the restaurant industry has been subject to significant changes, all of which are having a major impact on financial results. Brexit has impacted the supply of labour to the industry and is still causing headaches for most operators. This severe lack of workforce in the sector and the resulting competition for labour, has led to increased salaries for staff.

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Hospitality chartered accountant Technology Sales 52

Ryan Lazanis

SEPTEMBER 6, 2023

Firm owners can overcome capacity constraints by tapping into global talent pools, but you need to have the right approach for offshoring to work. In this podcast episode, I shared my strategies and insights to navigate this transformative workfoce model successfully. Listen Below. 0:58 – Many of us are swamped. The workload keeps piling up, and while it’s beneficial for our financial success, it’s a real challenge to locate the right personnel to handle it. 2:16 – I neve

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Account accountant accounted 52

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.

Finance

CPA Practice

SEPTEMBER 6, 2023

Tofu (“GetPaid Inc.”), a fintech startup, has launched in the United States, offering the over 9.8 million self-employed individuals a business management platform to simplify their invoicing, expense management and tax calculation processes. The app has already passed 1 million downloads. During the first year of operations in test mode, Tofu reached $4.5 million in annual recurring revenue.

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Tax Expense Management Maine 52

Menzies

SEPTEMBER 6, 2023

Menzies LLP - A leading chartered accountancy firm. In recent years the restaurant industry has been subject to significant changes, all of which are having a major impact on financial results. Brexit has impacted the supply of labour to the industry and is still causing headaches for most operators. This severe lack of workforce in the sector and the resulting competition for labour, has led to increased salaries for staff.

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Hospitality chartered accountant Technology Sales 52

CPA Practice

SEPTEMBER 6, 2023

The Information Technology Alliance (ITA), an independent membership association of leading mid-market technology professionals, consultants and product/service providers in North America, today announced new appointments to its Board of Directors. Kim Austin, Director, Strategic Alliances at Avalara, and Todd Perlman, President of BT Partners, have been appointed as ITA Board of Directors Chair and Vice-Chair, respectively.

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Shay CPA

SEPTEMBER 6, 2023

For years, forward thinkers have been having conversations about how artificial intelligence (AI) has the potential to transform the way we live and work. But it wasn’t until ChatGPT exploded onto the scene that everyday people started to sit up and take notice. With this chatbot from OpenAI , everyone with internet access has the opportunity to see just how smart AI can be.

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Account accountant accounted accounting and finance 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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