LSLCPAs

DECEMBER 18, 2023

Car parts. Soda cans. Jellybeans. Tires. Cosmetics. Pet Food. Whatever you are manufacturing or distributing, you have products coming in one door and going out the other. The Big Picture: Your ability to reduce the time between “door number one” and “door number two” directly affects your cash flow and bottom line. But that’s not. The post How Outsourced Accounting Improves Cash Flow & Enriches Planning in Manufacturing and Distribution Companies appeared first on LSL CPAs.

Manufacturing 59

Manufacturing cpas Account accountant 59

CPA Practice

DECEMBER 18, 2023

The Internal Revenue Service has launched the second phase of a new online self-service tool for businesses that expands business tax account capabilities and eligible entity types. As a result, individual partners of partnerships and individual shareholders of S corporation businesses are now eligible for a business tax account in addition to sole proprietors.

tax accountant 126

tax accountant business tax Tax Account 126

Withum

DECEMBER 18, 2023

As the end of the year approaches, Withum is excited to share a round-up of the Firm’s giving efforts for 2023. From large, organized projects to hyper-localized volunteerism and individual philanthropy, it is safe to say that Withum team members from all over the world live the Withum Way every day and give back to their communities and causes close to their hearts at every opportunity.

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Account accountant accounted 116

CPA Practice

DECEMBER 18, 2023

By Adam Lean. In my role as CEO of The CFO Project , a community that helps accountants start and scale CFO/Advisory practices, I’ve noticed that many accounting and bookkeeping firm owners are stuck in what we call The Accountant’s Trap. Its where financial professionals are trapped working long hours for low fees, are forced to deal with high-demanding clients, all the while being burnt out on compliance and transactional work.

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bookkeeping bookkeeping services tax accountant cpas 122

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

Basis 365

DECEMBER 18, 2023

In the bustling world of business, financial statement profits may grab the headlines, but it's cash flow that keeps the lights on. It's the lifeblood of a company, ensuring you have the resources to pay bills, invest in growth, and ultimately, stay afloat. Accrual accounting is important for many reasons when analyzing the performance of your business but your income statement profit is not the same as your cash flow.

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accounts payable Non-Profits accounting and finance accrual accounting 111

CPA Practice

DECEMBER 18, 2023

The American Institute of CPAs has announced that 36 CPAs from around the country have graduated from the AICPA Leadership Academy, a program designed to expose the next generation of CPAs to a strong ethic of leadership and service. The program, now in its 15th year, was held in Durham, N.C., from December 11-14. The AICPA Leadership Academy was created to inspire, nurture and empower the next generation of diverse CPA leaders by providing them with advanced leadership training.

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cpas CPA Iowa Oklahoma 121

CPA Practice

DECEMBER 18, 2023

Time and again, retaining talent is ranked as a top challenge among leaders in the accounting and finance profession. To better understand what drives the profession’s perpetually high turnover, the Illinois CPA Society (ICPAS)—one of the largest state societies serving the certified public accountant (CPA) community—has gathered new survey data that sheds light on this trending topic.

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Illinois CPA Account accountant 119

Insightful Accountant

DECEMBER 18, 2023

Intuit has announced a new global QuickBooks brand platform, “Business Differently,” focused on the growing population of solopreneur small business owners.

quickbooks 110

quickbooks 110

CPA Practice

DECEMBER 18, 2023

Nearly 142 million consumers plan to shop on the last Saturday before Christmas, according to the latest survey from the National Retail Federation and Prosper Insights & Analytics. The number of expected shoppers is up significantly from the last time Super Saturday fell on Dec. 23, when 126 million consumers were expected to shop on that day in 2017.

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Retail Sales 114

Accounting Today

DECEMBER 18, 2023

Individual partners and individual shareholders of S corps can now get a business tax account.

tax accountant 124

tax accountant business tax Tax Account 124

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

DECEMBER 18, 2023

In a recent letter submitted to the Department of the Treasury and the Internal Revenue Service (IRS), the American Institute of CPAs (AICPA) expressed concerns with the timing currently involved with the procedure for business entities organized in the U.S. where the responsible party does not have a social security number or an individual taxpayer identification number needed to obtain an employer identification number (EIN).

cpas 105

cpas tax return Tax Government 105

KROST

DECEMBER 18, 2023

Cyber threats lurk at every virtual corner, ensuring the security of your sensitive data is non-negotiable. As a trusted CPA firm, KROST understands the potential to compromise data security, and the significance of equipping people with essential insights to help identify and combat hidden threats. KROST emphasizes the importance of recognizing phishing attempts, setting up Read the full article.

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cpa firm CPA California Account 86

CPA Practice

DECEMBER 18, 2023

Xero , the global small business platform, is partnering with Flinks , a leader in open banking, to give small businesses in Canada and the United States secure access to more than 20 direct bank connections and high quality transaction data. The increased access for Xero customers to North American financial institutions can help small businesses and advisors to recoup time previously spent on manual data entry and reconciliation.

bookkeeping 98

bookkeeping Account accountant accounted 98

Accounting Today

DECEMBER 18, 2023

Key to discussion on what AI means for accountants is understanding what AI can and cannot do.

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Account accountant accounted Technology 120

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

DECEMBER 18, 2023

California bottle fee will apply to wine and spirits effective January 1 By Gail Cole . Many aluminum, glass, and plastic containers in California are subject to refundable container recycling fees under the California Beverage Container Recycling and Litter Reduction Act (aka, California Bottle Bill Act), but many aren’t. Whether the Bottle Bill applies to a container depends as much on what the container holds as what it’s made of.

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California Manufacturing Iowa Vermont 89

Insightful Accountant

DECEMBER 18, 2023

Insightful Accountant's cooking up something new for you next year. A new and exciting webinar series: Insightful Accountant's Practice Management Talks.

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Account accountant accounted 91

Accounting Today

DECEMBER 18, 2023

Clients who have squirreled away their savings in IRAs and other retirement accounts have new tools at the ready amid shifting rules, four experts said.

Account 84

Account accountant accounted Tax 84

Insightful Accountant

DECEMBER 18, 2023

Join Liz Scott as she dives into QuickBooks Online Balance Sheet Budgeting feature which is fairly new.

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quickbooks 103

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

Withum

DECEMBER 18, 2023

Are You Ready for a New Era of Work? AI, the cornerstone of the modern digital transformation era, is already being leveraged by forward-thinking organizations. While AI has several applications, benefits to employee engagement , empowerment and productivity are among the most exciting and impactful. In fact, organizations that made employee engagement a top priority have seen significant financial improvements – up to twice as successful – as organizations that deprioritized engagement 2.

Technology 59

Technology Education Start-ups 59

CPA Practice

DECEMBER 18, 2023

By SAP Concur. Spend management continues to evolve each year as new technologies reveal new possibilities. In 2024, SAP Concur executives have an eye on artificial intelligence (AI) and the innovations they’ll unlock for finance professionals. According to Christopher Juneau, Head of SAP Concur Market Strategy and Tim Lebel, Vice President and Head of Spend Products, we can expect advancements in virtual payments and predictive analytics, thanks to AI, in the coming year.

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Spend Management Technology Spend Management Tools Finance 59

Anders CPA

DECEMBER 18, 2023

As provisions from the Tax Cuts and Jobs Act (TCJA) sunset, a changing tax landscape awaits in 2024. While some provisions are expiring, new regulations and updated rulings introduced by the CARES Act and the Inflation Reduction Act (IRA) will impact entity conversions, deductions and accounting methods for the construction industry. To help the construction industry understand the changing tax landscape and prepare for year-end, Anders partnered with Construction Industry CPAs and Consultants (

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Construction tax planning Tax cpas 59

Going Concern

DECEMBER 18, 2023

Hey! It’s Monday. And it’s the last Monday morning news brief of 2023 for us, next Monday is Christmas and the Monday after that is the first day of 2024. Hope you all are getting some good rest and merriment in the coming days, we’ll be on a low posting schedule next week with a few new things here and there should you be one of those weirdos who reads accounting news on holidays.

Georgia 57

Georgia Account accountant accounted 57

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.

Accounting Today

DECEMBER 18, 2023

As ESG reporting regimes solidify, organizations need to start preparing their teams.

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Account accountant accounted 88

VJM Global

DECEMBER 18, 2023

A demand order was served on the Appellant on account of reversal of ITC due to difference in ITC appearing in GSTR-2A and GSTR-3B. The Appellant was available with all tax invoices and payment is also made to the supplier for the value of supply along with taxes. Department denied the ITC on the mere ground that the same is not appearing in GSTR-2A.

Tax 52

Tax Government Legal Account 52

Withum

DECEMBER 18, 2023

Since its inception last year, ChatGPT has attracted millions of users with its advanced AI capabilities. As such, e-commerce enterprises can harness the power of ChatGPT to stay at the forefront of digital trends and streamline their operations, thereby minimizing manual efforts. Through APIs provided by Open AI, businesses can now integrate ChatGPT with their e-commerce platforms or applications.

E-commerce 52

E-commerce B2B 52

Anders CPA

DECEMBER 18, 2023

No one likes a December surprise. Heading into January is the time to sit down and refocus on next year’s firm goals, not running around trying to collect outstanding bills because you came up short. This is where specific key performance indicators for law firms can help you uncover where things went wrong, and how you can modify your plan for next year’s growth goals.

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Legal accounting and finance Finance Start-ups 52

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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

FraudFiles

DECEMBER 18, 2023

When a divorce or a child support issue is looming, it’s amazing how a quickly a closely held business starts “losing money.” I use quotes because such a situation is so predictable.

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Insightful Accountant

DECEMBER 18, 2023

Orderwerks is an all-in-one B2B eCommerce platform. Use it to keep track of orders, manage inventory, track key business statistics, and more.

quickbooks 52

quickbooks B2B 52

Accounting Today

DECEMBER 18, 2023

Big Four firm PwC announced it has signed an agreement to acquire technology-focused engineering and design firm Surfaceink as part of the company's larger move towards technology solutions.

Technology 50

Technology 50

Insightful Accountant

DECEMBER 18, 2023

The December episode of TPN Tax Talks featured Christine Gervais sharing what's new for tax season and her list of key changes to be aware of.

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Tax 52

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"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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