BurklandAssociates
MAY 21, 2024
Effective team and culture-building are keys to thriving in this new era of remote and hybrid work. The post From Isolation to Integration: Strengthening Team Culture at Your Remote Startup appeared first on Burkland.
CPA Practice
MAY 23, 2024
By Rocio Fabbro, Quartz (TNS) World leaders are floating the idea of levying a global tax on the world’s richest people—and America wants no part of it. U.S. Treasury Secretary Janet Yellen said the U.S. will not support discussions about a global wealth tax ahead of a meeting with leaders from the Group of 7 countries, The Wall Street Journal reported Monday.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Going Concern
MAY 22, 2024
Stephen Foley at Financial Times wrote something today that may be of interest to high school freshmen bound for the CPA track one day, an article that suggests the AICPA is giving up the fight to save 150 hours. The leaders of the US accounting profession have signaled they could cut the education requirements for becoming an accountant, amid growing alarm about a shortage of new recruits.
Accounting Today
MAY 21, 2024
The Governmental Accounting Standards Board is getting ready to roll out new rules and proposals for state and local governments, including improvements to the financial reporting model, classification of capital assets, and measurement of infrastructure assets.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Cherry Bekaert
MAY 22, 2024
Contributor: Michael Wallach, Senior Manager, Tax Services Established by the Tax Cuts and Jobs Act, the Opportunity Zone program has been a focal point for investors seeking tax incentives while simultaneously revitalizing economically distressed communities. One crucial aspect of managing investments in Qualified Opportunity Funds (QOFs) is understanding the tax impact stemming from the disposition of Qualified Opportunity Zone Business Property (QOZBP).
Withum
MAY 21, 2024
Withum is excited to share that Brian Bender , Partner and Team Leader of Withum’s Trade Associations and Membership Organizations Team, was named a 40 Under 40 Honoree by the Alexandria Chamber of Commerce. Brian has over 20 years of experience serving trade associations, membership organizations, social clubs, foundations, charities, and numerous other nonprofit entities that include complex consolidations with for-profit subsidiary companies and political action committees.
Accountant Advocate brings together the best content for small business accounting professionals from the widest variety of industry thought leaders.
CPA Practice
MAY 22, 2024
Barry Melancon, CPA, CGMA, has announced that he will to retire on December 31, 2024, from his role as president and CEO of the American Institute of CPAs and CEO of the Association of International Certified Professional Accountants. Combined, the two organizations comprise the world’s largest membership of public and management accountants. Melancon has served in this role for 30 years.
Accounting Today
MAY 23, 2024
Traditional audits may hinder business growth potential as accounting firms are slow to embrace modern approaches, according to an Inflo report.
Going Concern
MAY 20, 2024
Rise and shine, a new week is upon us. Here’s some stuff going on. PwC Australia is in court arguing that it isn’t responsible for sexual assault that happens off campus after hours and especially not so because the alleged assaulter completed two sexual harassment learning modules. Employers can be found vicariously liable for alleged sexual assault that occurred between employees outside working hours but only where it was connected with their employment, according to a leading emp
Withum
MAY 22, 2024
Withum is proud to share that Nadia Matthie , Partner, has been appointed to the American Institute of CPA’s (AICPA’s) Employee Benefit Plans Expert Panel. Nadia Matthie has more than 25 years of experience in the profession serving single-employer benefit plans , multiemployer benefit plans and labor unions. She specializes in various types of benefit plans, including defined contribution plans, defined benefit plans, ESOPs, health and welfare plans, and other assurance services.
Advertiser: Paycor
There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.
Insightful Accountant
MAY 19, 2024
Day 1 of Future Forward begins tomorrow, May 21, 2024 at 11:00 AM Eastern-daylight-savings Time. It a power packed day of education that can impact your clients and your practice.
CPA Practice
MAY 22, 2024
By Eli Gill. We’re in the midst of a revolution in the AI space. Splashy public models like OpenAI and ChatGPT are in the spotlight, bringing AI into focus where it has previously been considered a non-essential function. The move from classical AI models to advanced generative AI promises a rapid and continuing evolution that has profound implications for businesses.
Accounting Today
MAY 22, 2024
The program with third-party tax vendors will continue for another five years despite the IRS's recent Direct File pilot test.
Randal DeHart
MAY 24, 2024
The power of effective bookkeeping using QuickBooks Desktop - plus an Important Update from Intuit. Keeping track of sales, earnings, expenses, and purchases is fundamental to your construction business's overall health and sustainability. Effective bookkeeping produces the data you need to evaluate your current practices, anticipate challenges, and set attainable future goals.
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.
Going Concern
MAY 21, 2024
We knew this was coming. Two months after the news hit that Grant Thornton is selling a majority stake to private equity firm New Mountain Capital , GT is laying off about 350 people according to an article published by Wall Street Journal late yesterday. The Chicago-based firm is in the process of notifying the workers this week, people familiar with the matter said.
Insightful Accountant
MAY 23, 2024
Scaling New Heights® conference will be held June 16-19, 2024, in Orlando, Florida and will feature some of the most inuential and dynamic voices in accounting, bookkeeping, and business to encapsulate their theme of “Boldly Go”.
Cherry Bekaert
MAY 20, 2024
Contributor: Anthony Kocheran While in school, University of Iowa basketball player Caitlin Clark netted more than $3 million from name, image and likeness (NIL) deals. She’s far from the only college athlete taking advantage of NIL, a legal concept revolutionizing the way student-athletes can earn money while attending a college or university. Essentially, NIL allows college athletes to monetize their personal brand by profiting from their name, image and likeness through various opportunities,
Accounting Today
MAY 22, 2024
The long-time head of the AICPA — and one of the foremost leaders of the profession — will step down on Dec.
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
AccountingDepartment
MAY 23, 2024
We are thrilled to announce that AccountingDepartment.com has been awarded a spot on the Woodard 2024 Top 50 Accounting Services Practice list. Earning this distinction is a testament to AccountingDepartment.com's commitment to excellence for its clients.
CPA Practice
MAY 23, 2024
By Dee DePass, Star Tribune (TNS) Employers are pushing back and asking for more time before implementing new federal overtime rules that will require them to pay overtime to more workers. The new Department of Labor rules take effect in two stages. Normally, employers can opt not to pay their salaried, white-collar employees “time and a half” for overtime hours worked, provided those employees make at least $35,568 a year.
GrowthForceBlog
MAY 21, 2024
8 min read May 21st, 2024 Nonprofit leaders have an altruistic outlook, working toward the best outcomes and trying to see the best in everyone. Unfortunately, this optimistic perspective can leave nonprofit organizations vulnerable to fraud. A study from the Association of Certified Fraud Examiners (ACFE) that looked at more than 2,500 cases of fraud found: Nonprofit organizations accounted for 9% (191 cases) of all the fraud cases examined.
Patriot Software
MAY 21, 2024
Canton, Ohio Patriot Software, a leading accounting and payroll software provider for American businesses, proudly announces the launch of its newest feature for accounting customers: ACH payments on invoices for customers who integrate with Stripe. With Stripe, customers can access two-day timing for ACH settlement, compared to 4-5 business days for standard ACH settlement.
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.
Accounting Today
MAY 23, 2024
The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate.
Going Concern
MAY 21, 2024
Armanino, the San Ramon, CA firm best known around these parts for its ‘Perfect Taco’ video and trying to recruit a newly licensed CPA working at the firm across the street with a clever sign in the window , has signed a deal to rent a little more than 45,000 square feet of office space across two buildings in Century City in Los Angeles and Irvine in nearby Orange County.
CPA Practice
MAY 24, 2024
Sixteen awards were doled out for exceptional accounting marketing during the Association for Accounting Marketing’s annual Summit event in Orlando on May 14, with Forvis being the big winner as the top 10 accounting firm received three awards. This year, AAM introduced two new award categories: Client Experience and Innovation & Strategic Achievement, reflecting the evolving landscape of marketing and growth in the accounting profession.
Xero
MAY 23, 2024
Xerocon London 2024 is nearly here! World class speakers, innovative new tools and workflows, and a chance to connect with community peers, thought leaders and industry experts. From embracing uncertainty and the new frontiers of technology, to mastering app stacks, this year’s Xerocon is set to bring more inspiration and innovation than ever before.
Advertisement
Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.
AccountingDepartment
MAY 21, 2024
In a move that mirrors the broader trend towards cloud-based solutions, QuickBooks has announced it is sunsetting its Desktop version. If you're a QuickBooks user or a small business owner reliant on this software, this news may initially sound alarming. However, this transition opens up a new chapter of efficiency, accessibility, and integrated services through QuickBooks Online.
Accounting Today
MAY 23, 2024
Test your accounting knowledge on AI job opportunities, M&A, and more. No. 2 pencil not required!
Withum
MAY 20, 2024
On May 3, 2024, the DC Court of Appeals ruled that the IRS had the authority to automatically assess the $10,000 penalty for failure-to-file Form 5471 – overturning an April 2023 Tax Court decision to the contrary. The decision reinstates the nearly $500,000 in penalties assessed by the IRS against Alon Farhy, and is a set-back for taxpayers that may have filed a protective refund claim pursuant to the Tax Court’s 2023 decision.
CPA Practice
MAY 23, 2024
Tax season is finally over. You’ve worked diligently and spent long nights trying to meet the deadlines and demands of 82% of clients who want more from accounting professionals. I know the sigh of relief you feel once the rush is over. First and foremost, take time to rest – you deserve it. Once you feel like you’re back to your old self and have rested enough, it’s time to reflect on how the season went: What went well?
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.
Expert insights. Personalized for you.
157 
Let's personalize your content