Ryan Lazanis
OCTOBER 18, 2023
Discover how an online community can be a factor in securing more deals, improving client experience, and a differentiator for your firm. The post 9 Strategies to Differentiate Your Accounting Firm appeared first on Future Firm.
Accounting Today
OCTOBER 17, 2023
Young accounting and finance professionals have been seeing the highest turnover over the past two years and are most likely to leave their current jobs over the next year, according to a new report.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CPA Practice
OCTOBER 17, 2023
By Bhairavi Parikh, CPA. Social Security is a program designed to offer retirement benefits and disability income to eligible individuals, as well as their spouses, children, and survivors. In 2023, an average of almost 67 million Americans per month will receive a Social Security benefit totaling about $1.4 trillion in benefits paid. Out of 67 million, 52 million are retired, 8.7 million are disabled, and 5.8 million are survivors.
TaxConnex
OCTOBER 19, 2023
Often as things change in sales tax – and they change often – one constant keeps lurching along. Tax jurisdictions love to send notices, and usually it’s to say “Boo!” and not just “Hi.” True, notices can simply be a way for tax jurisdictions to get in touch with you and require no fast action on your part. The scary-looking official piece of paper (if it even arrives on paper – many notices are electronic now) might only be informing you of something as routine as use of a new form or a reminde
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.
Going Concern
OCTOBER 19, 2023
“The number-one trend is that the candidate is in complete control…because the unemployment rate is lower in accounting and finance than it’s ever been.” That’s a quote from a Robert Half recruiter in the Talent Retention in the U.S. Accounting and Finance Profession study released a few days ago, a collab between IMA and Robert Half (and about two dozen research partners, mostly state societies).
CPA Practice
OCTOBER 16, 2023
By Nellie Akalp. Accountants are crucial for guiding clients through the various financial and administrative aspects of running a business. Tasks like meeting minutes might not be the most exciting part of running a business, but they are crucial for ensuring transparency, accountability, and legal compliance. As the year-end approaches, your business clients must ensure they have taken proper meeting minutes.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
Accounting Today
OCTOBER 16, 2023
Many partners say the quality of the tax returns they were given to sign was not satisfactory, and they found many more errors than they considered acceptable.
Accounting Today
OCTOBER 17, 2023
The Internal Revenue Service plans to run a limited pilot test of its free online tax system in 13 states next tax season, but it will only support certain tax credits.
Summit CPA
OCTOBER 19, 2023
Virtual CPA Success Show Podcast Episode 102 If you’re thinking about finding a specific niche for your agency but not sold on the benefits, this episode is for you! Jamie sits down with Logan Hoffman, Senior Business Strategist at Madison Avenue Collective (MAC) to talk niching. They discuss the importance of building verticals and specializing in a specific area to make work more efficient and effective.
RogerRossmeisl
OCTOBER 19, 2023
When it comes to fraud, it may seem there’s nothing new under the sun. Unfortunately, fraud perpetrators are always finding novel ways to swindle businesses. Here are some recent scams — and how your business can protect against them. Influencer shakedowns Scam: So-called social media influencers ask restaurants and bars for complimentary meals and drinks in exchange for “free” publicity on platforms such as TikTok and Instagram.
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.
MyIRSRelief
OCTOBER 16, 2023
When it comes to navigating the complex world of taxes, understanding deductions and credits is like having a secret treasure map to unlock potential savings. Tax deductions and credits are powerful tools that can help individuals and businesses reduce their tax liabilities, putting more money back in their pockets. In this comprehensive guide, we will explore a wide array of deductions and credits available to individual and business taxpayers, shedding light on the financial opportunities they
Accounting Today
OCTOBER 19, 2023
The Internal Revenue Service is giving employers a way to rescind inaccurate claims for the Employee Retention Credit if they've fallen victim to a scam at the hands of so-called "ERC mills.
Withum
OCTOBER 19, 2023
The IRS announced a processing moratorium on employee retention credit (ERC) claims on September 14, 2023. As part of that press release, the IRS announced that it was planning to issue two different settlement initiatives in the coming weeks/months. The first is a settlement program for taxpayers whose ERC claims have already been processed and paid, and the taxpayers deposited the check(s).
Going Concern
OCTOBER 17, 2023
The 2023 AICPA Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits report (short: Trends report) was released last week and spoiler alert, it’s dark. There’s a ton to dig into, while we’re doing that here’s a taste. This is all anyone cares about anyway right? Says the AICPA, bachelor’s degree completions in accounting dropped 7.8% from 2021–2022 after steady decline of 1-3% per year since 2015–16.
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
OCTOBER 19, 2023
More than a month after the IRS said it was temporarily shutting down the processing of employee retention credit (ERC) claims due to a surge of questionable submissions, the agency on Thursday offered steps small businesses can take to cancel their tax credit claim if they have doubts about its legitimacy. The new withdrawal option allows certain employers that filed an ERC claim but have not yet received a refund to rescind their submission and avoid future repayment, interest, and penalties.
Accounting Today
OCTOBER 16, 2023
The National Association of Enrolled Agents is asking the Internal Revenue Service to resume sending reminder notices immediately to non-filers and those with balances due of more than $10,000.
Withum
OCTOBER 16, 2023
The number of cyber incidents within the healthcare industry has continued to increase, ranging from isolated incidents to targeted attacks that have grown in their material impacts. Hospitals and medical practices that fall victim to cyber-attacks can be left figuring out how to operate without their daily information systems. This has led to patientsreceiving incorrect medicine dosages, delayed operations, and diverted healthcare, such as ambulances being rerouted to other facilities, threaten
Going Concern
OCTOBER 20, 2023
Ed. note: A reader sent in this thought-provoking essay on their experience as a CPA. In it the author covers their introduction to accounting, the impact the pandemic had on their goals, and the all too familiar feeling of watching your peers make buckets of money in other careers while you grind away in public. If you take nothing else from it, read this quote: “I hope that individuals can work to widen the pipeline to the point that anyone who has ever even THOUGHT about pursuing the CP
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
OCTOBER 20, 2023
Accounting and finance professionals in the U.S. are leaving their jobs at a significant rate, with millennials and Generation Z leading the exodus, according to a new report from the Institute of Management Accountants (IMA) and staffing firm Robert Half. The report, Talent Retention in the U.S. Accounting and Finance Profession , based on a survey of 1,236 current and former accounting and finance professionals and academics in the U.S., reveals that professionals ages 18 to 36 experienced the
Accounting Today
OCTOBER 20, 2023
The Internal Revenue Service is making improvements to its online tax professional accounts and hiring more accountants as it ramps up enforcement.
Withum
OCTOBER 20, 2023
Introducing a new video series focused on the exciting world of alternative investments. Our mission is to provide you with an exclusive look into the unconventional and often esoteric realms of the asset management industry including changes in the marketplace, operational factors, investment strategies, all while learning from thought leaders in the front seat helping to drive industry.
Going Concern
OCTOBER 19, 2023
An “event” is putting it lightly. As you all know by now the PwC Australia tax scandal continues to claim victims and slander the good name of consultants everywhere. In yet another senate inquiry last week, former CEO Luke Sayers got beat up a little by senators sick of hearing “I don’t recall” from former and current senior leadership: Something else came out of those hearings, too.
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.
CPA Practice
OCTOBER 18, 2023
The sessions and CPE fields of study for Ensuring Success 2023 have been announced. Ensuring Success will be held December 6-7, 2023. Earn up to 14 hours of free CPE during this 2-day annual, virtual conference. Register now and mark your calendar for Ensuring Success, to ensure you meet your year-end CPE requirements. This is the original, completely virtual online CPE conference for accounting and tax pros, so you can attend and earn free CPE credits from the comfort of your office.
Accounting Today
OCTOBER 19, 2023
DCG's Genesis unit is accused in the suit of failing to adequately audit the Three Arrows Capital hedge fund and lying to Gemini when it claimed to regularly review its borrowers' financial statements,
Withum
OCTOBER 18, 2023
Withum is proud to share that Withum Wealth Management (WWM) was honored by Forbes on its annual SHOOK Top RIA Firms List. Compiled by SHOOK Research, the world’s only advisor research firm in the world with a specialty in quality, the list is an annual ranking of registered investment advisory firms that provide reliable, trusted service for clients and have a talent for preserving wealth in the long term.
Going Concern
OCTOBER 18, 2023
When a tipster sent this over yesterday it seemed obvious prior to clicking the link they were joking when they suggested that “people exposed to fraud have a modest increase in joining the accounting profession.” Surely that had to be a joke about professors always spouting how great it is to work at Big 4. But no, that’s actually what the research in “ Externalities of Financial Statement Fraud on the Incoming Accounting Labor Force ,” published in the Journal of
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.
CPA Practice
OCTOBER 20, 2023
It never seems to end: The IRS continues to contest classifications of workers who are treated by employers as “independent contractors” instead of employees. And no wonder: There are often thousands of tax dollars — or maybe more—at stake. Fortunately, some employers can rely on a special safe-harbor rule to bail them out of a tough situation. Here’s the crux of the matter: If a worker is classified as an employee, the employer must pay its share of payroll taxes, withhold the employee’s share
Accounting Today
OCTOBER 19, 2023
New cybersecurity rules from the Securities and Exchange Commission are already prompting companies to put more emphasis on the topic in their disclosures.
Cherry Bekaert
OCTOBER 19, 2023
The latest episode of our Risk & Accounting Advisory podcast begins the first of a two-part series where Nate Regimbal , Digital Advisory New Practices & Solutions Leader, joins Alan Swan , Digital Advisory Managing Director, along with Audrey Magennis and Dan Gallagher from the Firm’s Information Assurance & Cybersecurity practice, to discuss Anti-Money Laundering Model (AML) Validation and Optimization best practices.
Going Concern
OCTOBER 16, 2023
Videoconference tech company Owl Labs has released its 2023 State of Hybrid Work report and boy is there a lot to cover. When Fortune wrote it up a few days ago , one item they chose to highlight is how much it’s costing workers to be back in the office: the average is $51 a day, $71 a day for workers with pets. The total, says Owl Labs, breaks down as follows: $16 – Lunch $14 – Commuting costs $13 – Breakfast/coffee $8 – Parking ($20 – pet care) Employees who work a hybrid schedule, the c
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.
Expert insights. Personalized for you.
52 
Let's personalize your content