Shay CPA
FEBRUARY 21, 2024
The Financial Crimes Enforcement Network (FinCEN) wants to know who’s pulling the strings at companies operating in the U.S. As a result, they’ve instituted a new filing requirement. Starting January 2024 (read: this already applies), the vast majority of companies operating across the country need to submit an annual report called Beneficial Ownership Information (BOI).
Accounting Today
FEBRUARY 21, 2024
While property and unemployment insurance taxes are universal in every state, many of the best states for doing business do not have corporate, sales or individual income taxes.
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Withum
FEBRUARY 21, 2024
Withum is excited to share that USA TODAY and Statista named the Firm on the list of America’s Most Recommended Tax and Accounting Firms 2024. For the first time, USA TODAY and Statista awarded the titles of “America’s Most Recommended Tax Firms” and “America’s Most Recommended Accounting Firms” through an independent survey based on the number of recommendations received from peers, clients and additional company data.
Accounting Today
FEBRUARY 21, 2024
The Internal Revenue Service will be scrutinizing the use of corporate jets for personal travel more closely, focusing on big corporations and partnerships, as well as high-income taxpayers.
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.
CPA Practice
FEBRUARY 21, 2024
Interest rates will remain the same for the calendar quarter beginning on April 1, the IRS said on Wednesday. The interest rate for tax overpayments and underpayments for individuals will be 8% per year and 7% for corporations, compounded daily. Interest rates have stayed at their current levels since the fourth quarter of 2023 , when they increased from 7% for individuals and 6% for corporations.
Going Concern
FEBRUARY 21, 2024
The Public Company Accounting Oversight Board (PCAOB) announced today it sanctioned WithumSmith+Brown for violations of PCAOB rules and quality control standards related to those goddamn SPACs to the tune of $2 million. Not quite as costly as Marcum’s gargantuan SPAC penalties but Withum earned a good lecturing about “growth at any cost” regardless.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Insightful Accountant
FEBRUARY 21, 2024
Practitioners often overlook SALT law changes unless specialized, but clients expect awareness. State nexus laws are crucial in tax advisory. Even without sales tax services, SALT law changes can signal nexus impacts.
Accounting Today
FEBRUARY 21, 2024
The Public Company Accounting Oversight Board levied a $2 million fine against WithumSmith+Brown for violating quality control rules.
AccountingDepartment
FEBRUARY 21, 2024
In the modern business landscape, data is power. For business owners, entrepreneurs, and CEOs, QuickBooks stands as a beacon, illuminating the path with insightful dashboards that transform raw financial data into strategic insights. The mere mention of 'dashboard' may conjure images of speedometers and gauges, which is apt considering QuickBooks dashboards are designed to keep your finger on the pulse of your business functions.
GrowthForceBlog
FEBRUARY 21, 2024
7 min read In the AEC (Architecture, Engineering, and Construction) industry, the core function of your business is a far cry from bookkeeping and accounting. Key Takeaways What Is Intacct Software: Sage Intacct is a leading accounting software solution that was developed specifically to accommodate the needs of fast-growing and mid-market businesses… Set up Multidimensional Accounting: Sage's multidimensional accounting allows users to create unique tags to track costs and expenses with persona
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.
Patriot Software
FEBRUARY 21, 2024
There might come a time when you need to hire a business tax attorney. An experienced business tax attorney can help you structure your company, dispute legal challenges involving taxes, and more. Do you need to hire a tax lawyer for your business? Learn what tax attorneys do, when hiring one makes sense, and more.
CPA Practice
FEBRUARY 21, 2024
More than 20 of the accounting profession’s thought leaders convened in Dallas on February 20, 2024, for three days of discussions and panels focused on the key trends and most significant challenges currently faced by professionals and firms, as well as emerging issues that are likely to shape firms in the near future. Ed Kless. The initial discussion topic focused on how human nature is to adapt to overcome constraints on resources.
Accounting Today
FEBRUARY 21, 2024
A recent survey of accountants shows professionals admitting to mistakes at a rate between several per week to several per month.
Going Concern
FEBRUARY 21, 2024
So apparently ChatGPT went psychotic some time yesterday with multiple users on r/chatgpt reporting issues ranging from entertaining to terrifying. The incident is a reminder to not blindly rely on the output of LLMs because like us, sometimes they just go off the rails. Yo, Gpt4 just went full hallucination mode on me, hasn’t really every happened to me this severely since the early days of gpt3 by u/cbrules3033 in ChatGPT For some reason the innocuous phrase Happy listening [music emoji]
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
FEBRUARY 21, 2024
The decades-old global consensus that's allowed e-commerce and a growing tidal wave of data to cross borders without tolls is at risk of falling apart.
Menzies
FEBRUARY 21, 2024
Menzies LLP - A leading chartered accountancy firm. Companies House will increase its fees from 1 May 2024, with Companies House noting that the changes are being made to “bring them in line with the costs of providing our service”. The fees are being increased to bring them in line with the costs of providing their service and new powers introduced under the Economic Crime and Corporate Transparency Act.
Insightful Accountant
FEBRUARY 21, 2024
Insightful Accountant extended the deadlines for International ProAdvisor Nominations and Applications to provide extra time for ProAdvisors from around the world to participate in this first year's International ProAdvisor Awards.
Ryan Lazanis
FEBRUARY 21, 2024
It's important to know what your competitors are up to. But let's discuss why you should focus on your own personal growth instead. The post Ignore Your Competitors (Kinda) appeared first on Future Firm.
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
CPA Practice
FEBRUARY 21, 2024
By Erin Slowey, Bloomberg News (TNS) The IRS is bringing the hammer down on the ultra-wealthy’s abuse of tax breaks on the use of corporate jets. The agency will begin three to four dozen new audits this spring to parse through situations where inappropriate deductions were made and where personal travel by jet wasn’t logged as income. While the cost of using a corporate aircraft is generally deductible for business purposes, some have blurred the lines between business and personal travel to ge
FraudFiles
FEBRUARY 21, 2024
In high net worth divorce cases, there are often large volumes of data. The lifestyle analysis will rely on a detailed examination of bank, credit card, and investment statements. High levels of spending mean a large amount of data. In this video, Tracy explains how to manage and accurately evaluate the data.
Accounting Today
FEBRUARY 21, 2024
The Securities and Exchange Board of India found that about 20 billion rupees may have been diverted from the entertainment company.
Insightful Accountant
FEBRUARY 21, 2024
Gary and Jeff Bartsch, the Founder of Story Greenlight, share valuable insights on the significance of being a "thought leader" in the accounting industry.
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.
Summit CPA
FEBRUARY 21, 2024
Free Webinar: Dominate Your Social Media Strategy with Your Agency Evangelists, March 21st at 1pm ET
Insightful Accountant
FEBRUARY 21, 2024
SunshowerOnline, a Melbourne Australia family-owned business is using NetSuite to their customers garden projects to life.
Accounting Today
FEBRUARY 21, 2024
Acquirers are very selective because so many firms are looking for a deal.
Withum
FEBRUARY 21, 2024
The new beneficial ownership reporting under the Corporate Transparency Act was signed into law on January 1, 2021 and took effect on January 1, 2024. Many small businesses are required to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN), a division of the US Treasury Department, as part of an effort to create a national database for use by national security and law enforcement agencies to prevent the use of shell companies for criminal activi
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CPA Practice
FEBRUARY 21, 2024
By Matt Durr, mlive.com (TNS) IRS Commissioner Daniel Werfel says millions of parents in America don’t need to wait to file their 2024 tax return due to a possible increase in refundable value of the Child Tax Credit. Earlier this month, the House passed the Tax Relief for American Families and Workers Act and sent the bill to the Senate for possible approval.
Accounting Today
FEBRUARY 21, 2024
The president's son's lawyers filed a flurry of motions in the federal court seeking to have the tax charges dismissed.
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