CPA Practice

JANUARY 23, 2024

The Internal Revenue Service says it is working on the Simple Notice Initiative, a sweeping effort to simplify and clarify about 170 million letters sent annually to taxpayers. Part of the larger transformation work taking place at the IRS with Inflation Reduction Act funding, the Simple Notice Initiative will build off redesigned notice efforts in place for the 2024 tax season and expand on a recent successful pilot involving identity theft letters.

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tax return Tax 122

TaxConnex

JANUARY 23, 2024

Sales and use tax generally applies to the sale or use of tangible personal property and certain services. Since software, and especially Software-as-a-Service, may not be delivered in a tangible form, many technology and software companies have considered themselves exempt from sales and use tax. But this is not always the case. In fact, many states impose sales and use tax on services provided by the technology industry.

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Sales Tax Washington Technology 187

BurklandAssociates

JANUARY 23, 2024

Tax deadlines for startups in 2024, including federal filing dates and key dates for San Francisco, New York, and Seattle. The post Tax Deadlines for Startups in 2024 appeared first on Burkland.

Tax 173

Tax New York 173

Accounting Today

JANUARY 23, 2024

The Internal Revenue Service unveiled a Simple Notice initiative Tuesday to review, redesign and deploy hundreds of its notices, starting with the most common ones.

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Tax 130

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

Going Concern

JANUARY 23, 2024

Looks like our invitation to the big party got lost in the mail. On Saturday, January 20, Plante Moran celebrated 100 years in business, a milestone few organizations reach. Since its founding in 1924, the firm has grown from a sole accounting practitioner in a Detroit office to a billion-dollar audit, tax, consulting and wealth management firm with more than 3,800 professionals serving clients around the globe.

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tax consultant accounting firms audit Account 113

CPA Practice

JANUARY 23, 2024

Patriot Software, a national accounting and payroll software company, has released its inaugural Small Business Payroll Index , which will be published monthly. This index represents the monthly percentage change in the number of workers who were added to or removed from Patriot’s payroll software. “I love this index report because it gives me a super simple visual of the rate at which U.S. small businesses are either adding or eliminating workers,” says Patriot Software’s CEO, Mike Kappel.

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payroll Account accountant accounted 105

Accounting Today

JANUARY 23, 2024

Global fee income for accounting and audit services increased 15% to $3.6 billion, while RSM's tax revenues jumped 17% to $2.6 billion.

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audit Tax Account accountant 120

Going Concern

JANUARY 23, 2024

That’s loonies as in Canadian dollars, not crazy people. Those are all still here on Earth. In case you didn’t know, a space race is underway. Not the one that put men on the moon, the one in which global accounting firms figure out how to bill for activities in and around the great beyond. It appears Deloitte is leading the charge (pun intended), though EY is making moves too.

Government 106

Government accounting firms Account accountant 106

Insightful Accountant

JANUARY 23, 2024

As accountants look ahead to the upcoming year, it’s important for them to note what the current landscape looks like for their small business clients. That's why you may find this 4th-Quarter data from 2023 beneficial.

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Account accountant accounted 105

CPA Practice

JANUARY 23, 2024

By Michael Grothaus, Fast Company (TNS) Just before the 2024 tax filing season kicks off in earnest, the Federal Trade Commission (FTC) has issued a final order ruling that Intuit’s popular TurboTax software can no longer be advertised as being “free,” which the regulatory body yesterday said was “deceptive advertising.” The FTC said Intuit’s advertising was deceptive because the software wasn’t free for all users, thus Intuit “deceived consumers when it ran ads for ‘free’ tax products and serv

Tax 98

Tax 98

Advertiser: Paycor

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Accounting Today

JANUARY 23, 2024

An inside look at the Tax Relief for American Families and Workers Act of 2024 as it works its way through Congress.

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Tax Finance 117

Insightful Accountant

JANUARY 23, 2024

A recent report from BILL, the Accounting Firm Hireability Index, highlights what small and medium-sized businesses (SMBs) are looking for when choosing and retaining their accountants.

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accounting firms Account accountant accounted 88

Accounting Today

JANUARY 23, 2024

The Federal Trade Commission issued an order forbidding Intuit from describing its TurboTax software as free in any of its promotional materials unless the product is free for everyone.

Technology 90

Technology Tax 90

CPA Practice

JANUARY 23, 2024

Networking is essential for every accountant, and in the digital age, it’s easier than ever to make valuable connections in the field. While in-person events and meetings are still effective ways to network, many professionals are taking advantage of online networking opportunities. In fact, 40% of professionals say they network more online than in person.

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Account accountant accounted B2C 72

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.

Accounting Today

JANUARY 23, 2024

The Financial Accounting Foundation has overhauled the website for the Financial Accounting Standards Board, with new websites in the works for the Governmental Accounting Standards Board and the FAF itself in the weeks ahead.

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accounting standards financial accounting Account accountant 73

CPA Practice

JANUARY 23, 2024

By Kelley R. Taylor, Kiplinger Consumer News Service (TNS) If you received an Arizona child tax rebate last year, you will have to report that amount on your federal income tax return. The IRS has classified the rebate payments as taxable income, meaning some Arizona families might have to pay taxes on the money they received. The Arizona Department of Revenue recently confirmed this news about the Arizona Families Tax Rebate.

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Arizona Tax income tax tax return 69

Xero

JANUARY 23, 2024

Xero provided a Briefing to Incoming Ministers (BIM) (Hon Nicola Willis, Hon Judith Collins, Hon Melissa Lee, Hon Andrew Bayly, and Hon David Seymour) in late 2023 which was focused on the challenges our small businesses face and the crucial role the government can play in driving solutions. Small businesses play a fundamental role in supporting our local communities, fostering innovation and driving productivity.

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Government Finance Technology 68

Accounting Today

JANUARY 23, 2024

In the year since a 25 billion reais ($5 billion) accounting fraud scandal erupted at his former company and tarnished the reputation of its billionaire shareholders, the Rio de Janeiro native has relocated to Spain while Brazilian investigators continue their probe.

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Account accountant accounted audit 68

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 23, 2024

Have you been over to the Financial Accounting Standards Board’s (FASB) website lately? If not, it has a new look. The redesigned FASB website—launched by the Financial Accounting Foundation (FAF), the body that oversees the FASB and the Governmental Accounting Standards Board (GASB)—features streamlined navigation, a simpler menu structure, more attractive and intuitive design, a stronger search algorithm, and more prominent placement of the most important information stakeholders are looking t

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accounting standards Legal financial accounting Account 64

Accounting Today

JANUARY 23, 2024

Archer Daniels Midland stunned the agricultural trading and processing world with its bombshell that its CFO is on leave pending an investigation into accounting practices.

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Agriculture Account accountant accounted 68

CPA Practice

JANUARY 23, 2024

Oracle is introducing new capabilities to Oracle Fusion Cloud Enterprise Performance Management (EPM) that, when paired with Deloitte’s implementation services, can help multinational organizations as they manage upcoming Organization for Economic Co-operation and Development (OECD) Pillar Two tax requirements. The combination of both offerings can help finance leaders simplify complex tax processes and reporting and achieve better alignment between finance, sales, and taxation through end-t

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general ledger Technology Finance Tax 59

Accounting Today

JANUARY 23, 2024

Among others, Enrolled Agents with Social Security numbers ending in 7, 8 or 9 must renew with the IRS by Jan. 31.

tax preparation 89

tax preparation Tax 89

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.

Cherry Bekaert

JANUARY 23, 2024

Navigating the world of grants is challenging. From finding the right grant for your organization to tracking its progress and closing it out is, grant management can be a burden. While it’s rewarding to receive an award, the excitement can fade if the strain on resources and financial burden outweighs the award itself. Join Nicky Lettini and Kat Kizior to gain insight into what to ‘know before you go’ for a grant including grant readiness, grant structure, and indirect cost.

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59

Anders CPA

JANUARY 23, 2024

As more companies embrace hybrid and remote workforces , protecting proprietary data and user devices becomes critical. While hackers and other cybercriminals continue to unleash destructive cyber-attacks on unsuspecting businesses, a new era in cybersecurity paired with an increasingly remote and hybrid workforce has left some companies unprepared.

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CPA Technology 59

Withum

JANUARY 23, 2024

Kathy Ruggieri from Withum’s Healthcare Advisory Team discusses in this on-demand webinar how advancements in technology have dramatically changed the process, workflow, and efficiency of the current day revenue cycle resulting in a positive impact on the consumer. Already Registered? Click Here View On-Demand Webinar Learning Objectives: Identify the tools and software that are available in the marketplace Assess how technology can create a more efficient and accurate revenue cycle Describe how

Technology 52

Technology Healthcare 52

Insightful Accountant

JANUARY 23, 2024

In order to provide time for ProAdvisors from around the world to participate in this first year's International ProAdvisor Awards, Insightful Accountant is extending the associated deadlines for International ProAdvisor Nominations and Applications.

Account 52

Account accountant accounted 52

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Finance

Reckon

JANUARY 23, 2024

When it comes to running a small business, organising your finances is utterly crucial to success. Not only that, when you do it right, all other aspects of running a business become that much easier and more manageable. Here’s some key steps to help you manage and organise the financial aspects of your small business. Create a proper business budget and stick to it This may sound obvious, but it’s surprising how many small businesses don’t budget effectively and then wonder where their money we

Finance 52

Finance accounting and finance bookkeeping accounting software 52

CPA Practice

JANUARY 23, 2024

By Ira Rosenbloom. While numbers and data understandably create a comfort zone for most CPAs, only focusing on financial terms and bottom lines during M&A discussions can be a dead end. Experience dictates that the parties involved in M&A need to prioritize their expectations of what they want from—and bring to—the deal to figure out the appropriate terms.

cpas 52

cpas Account accountant accounted 52

Insightful Accountant

JANUARY 23, 2024

ESG evaluates sustainability and ethics in sectors like commercial construction. Tracking ESG metrics is crucial for long-term effects. It's a business strategy with benefits for brand reputation, employee retention, and innovation.

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Construction 52

CPA Practice

JANUARY 23, 2024

Top 400 accounting firm MahoneySabol, based in Glastonbury, CT, has combined with fellow Gastonbury accounting firm Giamalis and Company, effective Jan. 15. Financial terms of the deal weren’t disclosed. The combined firm will continue to operate as MahoneySabol & Company LLP. From left: Michael Sabol, Stephen Giamalis, and James Mahoney With this merger, MahoneySabol is broadening its client base and added nine experienced professionals from Giamalis to its team.

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accounting firms tax planning audit tax services 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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