Airbase

JUNE 12, 2023

Optimizing your financial systems to meet your company’s evolving needs is not just a matter of implementing new software. “People and processes need updating as well when it comes to processes evolving,” Reuben Cook of Squire told Airbase CFO Aneal Vallurupalli at a recent What I Wish Knew session, The value of consolidating systems and processes. As Partner, CFO Services at Squire, Reuben works with companies through their transformative growth phases to establish best practices.

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Going Concern

JUNE 12, 2023

For a second there I was worried we’d have nothing to write about this week. Why is this profession so depressing? by u/Good-Honeydew3309 in Accounting TL;DR on the protest: Reddit announced an API pricing change, popular third-party apps that rely on the API to function were outraged at the exorbitant fees, moderators across the site organized a two-day blackout that began today to communicate their anger and frustration over the change.

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CPA Practice

JUNE 12, 2023

The Illinois CPA Society (ICPAS)—one of the largest state associations in the nation serving the certified public accountant (CPA) community—has presented Daniel F. Rahill III, CPA/PFS, JD, LL.M., CGMA, with its prestigious 2023 Lifetime Achievement Award. The Lifetime Achievement Award is the highest honor ICPAS bestows on a member who has demonstrated distinguished service to both ICPAS and the CPA profession.

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Illinois CPA Florida income tax 105

inDinero Tax Tips

JUNE 12, 2023

One of the most common problems for startup founders is the commingling of funds: when you pay for personal transactions from a business account, or visa versa. The solution to commingling funds is simple but tedious. You must identify and reclassify the transactions as fringe benefits or as loans from your company to yourself. You’ll reimburse yourself if you’ve used personal accounts to pay for business expenses.

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payroll tax payroll bookkeeping services Tax 97

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

JUNE 12, 2023

June 25-28, 2023 St. Louis, MO Register Now. Many accountants and bookkeepers struggle with process inefficiencies, dated technologies, scope creep, and high friction with client collaboration, resulting in extreme workload pressures and limited capacity in their practices and lives. In other words, they are “flapping” when they should be “soaring!” The training sessions and main stage sessions at Scaling New Heights 2023 will address the issues that keep you from soaring with cutting-edge CPE-e

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bookkeeping Technology Education Maine 105

Insightful Accountant

JUNE 12, 2023

Murph cautions us against accepting the results of 'AI' like ChatGPT. the data these AI machines produce may be more 'artificial' than 'intelligent'.

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Insightful Accountant

JUNE 12, 2023

Intuit Ventures has announced an investment in Finch, the No. 1 API for employment systems. The investment will allow Finch to build deeper integrations with the Intuit QuickBooks ecosystem.

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quickbooks 83

CPA Practice

JUNE 12, 2023

By Joy Taylor, Kiplinger Consumer News Service (TNS) The U.S. State Department can deny or revoke U.S. passports of people with federal tax debts of $59,000 or more on whom a tax lien or levy has been filed. This doesn’t include individuals who are paying their taxes under an installment agreement, people in bankruptcy, individuals who live in a federally declared disaster area, or people with a tax debt that the IRS has determined isn’t collectible because of hardship.

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Tax Washington Legal 98

Withum

JUNE 12, 2023

For tax years beginning in 2022 and later, R&E expenses are required to be capitalized and amortized over a five-year period (or a 15-year period in the case of expenditures attributable to foreign research) beginning with the midpoint of the taxable year in which such expenditures are paid or incurred. R&E expenses are no longer allowed as deductible expenses as incurred.

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Tax 69

CPA Practice

JUNE 12, 2023

By Jonnelle Marte – Bloomberg News (via TNS). U.S. consumers’ near-term inflation expectations fell last month to the lowest level in two years as their outlook for personal finances and credit conditions worsened, according to a Federal Reserve Bank of New York survey. Median one-year-ahead inflation expectations declined by 0.3 percentage point to 4.1%, the lowest reading since May 2021.

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Finance New York Education 97

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.

Accounting Insight

JUNE 12, 2023

Specialist finance provider Capify were recently crowned SME lender of the year at the 2023 Credit Awards. The awards, which took place at London’s prestigious Grosvenor House on the 1 st June and were hosted by television’s Katherine Ryan, recognise innovation and best-practice in the financial services industry. In a fiercely competitive segment, which included banks, fintechs, asset finance providers, invoice finance companies, and P2P businesses, Capify was recognised as the SME lender of ye

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accounting and finance Finance Account accountant 59

Insightful Accountant

JUNE 12, 2023

You can use your potential as a CEO Whisperer to offer differentiated advisory services. In Part 3 of G76's Peter Mares' four-part series, unlock the secrets to managing your business. Sign up for the June 14 webinar here.

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CPA Practice

JUNE 12, 2023

By Nathan Baird, cleveland.com (TNS) The national landscape surrounding name, image, and likeness laws continues to evolve—with the latest development potentially impacting the operations of NIL collectives associated with The Ohio State University. Last Friday, the IRS’s Chief Counsel’s office released a memo stating that donations made to nonprofit NIL collectives are not tax exempt.

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5 Minute Bookkeeping

JUNE 12, 2023

Are you ready to take your bookkeeping knowledge to the next level? As bookkeepers, our clients come in an assorted variety of legal entities. Legal entities and owner compensation might not sound like the most exciting topic, but trust me, it’s essential knowledge for any bookkeeper looking to grow, gain confidence, or tackle clean-up projects. Understanding your client’s legal entity and how they should be compensated can make a world of difference in your work with US clients.

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bookkeeping Legal income tax payroll 52

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.

CPA Practice

JUNE 12, 2023

Seven aspiring CPAs representing six Indiana universities were selected for this year’s Indiana CPA Educational Foundation Scholarship. This year’s new class of scholarship recipients will receive a total of $18,500: Galina Blomenkamp – Graduate Student, Purdue University Cooper Davis – Junior, Indiana University Bloomington Macie Hadley – Junior, Marian University Jessica Luna-Tovar – Sophomore, Marian University Kirsten Markey – Senior, IUPUI / Indiana University Indianapolis Matthew Organ – G

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Going Concern

JUNE 12, 2023

Good morning and happy Monday, here we are again. Let’s get this over with. Thousands of Reddit communities have gone dark to protest company’s controversial new API policy. Funny enough Reddit is completely down this morning so I can’t confirm r/accounting is MIA. Deloitte Impact Day came and went on Friday, @lifeatdeloitte spent the day retweeting people who spent their day giving back to the community.

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Insightful Accountant

JUNE 12, 2023

As taxpayers start seeing the 5 million to 8 million collection notices hitting the mail, your phone is going to start ringing. Are you ready for the rush?

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Accounting for Good

JUNE 12, 2023

Unpacking Public Benevolent Institutions: How do they differ from NFPs?

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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

JUNE 12, 2023

By Nick Tscornia. It may feel like automation has been the hottest tech topic for nearly a decade now, but when it comes to practical application we are only just beginning to scratch the surface. There is perhaps no industry in which this dynamic is more apparent than accounting; 75% of accounting processes are largely manual, according to a recent Deloitte survey of accounting professionals.

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Cherry Bekaert

JUNE 12, 2023

Tennessee Works Tax Act Tennessee recently enacted the Senate Bill 275/House Bill 323, the Tennessee Works Tax Act , as the single largest tax cut in state history. The Tennessee Works Tax Act provides significant savings for Tennessee families and businesses through changes to state tax laws to increase Tennessee’s economic competitiveness. Changes include the phase in of single sales factor apportionment, conformity to federal bonus depreciation provisions in the Tax Cuts & Jobs Act (TCJA)

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Tennessee Tax payroll Sales 93

CPA Practice

JUNE 12, 2023

By Erik Larson, Bloomberg News (TNS) Donald Trump can proceed with a lawsuit against his niece Mary Trump for providing information to The New York Times for its 2018 report on his taxes, a judge ruled. New York state court Justice Robert Reed on Friday rejected Mary Trump’s argument that the former president’s lawsuit violated a state law against frivolous litigation “aimed at chilling freedom of speech and the press.

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