TaxConnex

NOVEMBER 14, 2023

A job as intimidating as setting up a system to handle your sales tax obligations can be a lot easier if you have an idea how long it will take. As with most aspects of sales tax, there are no fixed answers, but we can give you an idea. Part of your decision in this case rests with how long you’ve had sales tax exposure.

Sales 262

Sales Tax Connecticut Colorado 262

TaxConnex

JUNE 9, 2022

What’s new in May for state sales and use taxes. There’s always something changing in the world of tax, especially sales tax. Exempting groceries from sales tax as American families struggle with inflation and other economic woes is politically tempting. million in taxes a year on the sale of groceries. Food for thought.

Sales 246

Sales Tax Colorado Massachusetts 246

Nancy McClelland, LLC

APRIL 5, 2025

I love attending accounting conferences. This comes as a surprise to no one who knows me (or even knows of me) Ive been featured in countless promo reels, given interviews on the topic, written tips & tricks articles, and talked up the amazing Accounting Cornerstone Foundation (more on them later) endlessly. Whats the point?

Account 98

Account accountant accounted bookkeeping 98

TaxConnex

APRIL 13, 2021

Sales tax is more complicated than ever, especially in a post-Wayfair world. And what’s worse is that everyone who says they’re simplifying sales tax is still leaving the hardest parts – and the liability – up to you. Don’t let sales tax compliance overwhelm you.

Sales 246

Sales Tax E-commerce general ledger 246

TaxConnex

DECEMBER 23, 2021

If you and your company haven’t been hit with a sales tax audit yet, congrats. In TaxConnex’s recent market survey more than one in four (26.7%) top finance professionals in a variety of industries report seeing an increase in state sales tax audits in the past two years. Sales Tax Audit Triggers. Control the tone.

audit 244

audit Sales Tax auditor 244

TaxConnex

JANUARY 27, 2022

The explosion of the e-commerce market alone would’ve made handling sales tax obligations in-house tough. Due to all of the above, it’s hard to fill any position at this point, but a job with specific skills, especially with experience managing sales and use tax, can be downright impossible. Nearly 8% growth was expected in 2021.

Sales 242

Sales E-commerce Tax Florida 242

TaxConnex

FEBRUARY 3, 2022

Sales tax has evolved a lot in recent years. So has the sales tax audit. According to the Tax Policy Center, money collected from sales tax can be the leading source for many jurisdictions, constituting 25% to 35% of a state’s revenue. Many events can ignite a sales tax audit. And why not? Are they happening more often?

audit 245

audit Sales Tax auditor 245

Going Concern

OCTOBER 21, 2024

People familiar with the matter told the Financial Times the UK firm had introduced the new grade to hold on to a key layer of senior accountants and consultants and to bring in external hires with higher salaries. For the Defense Department to pass its audit, it must account for more than dollars. forces dominant.

Account 59

Account accountant accounted South Dakota 59

Acterys

OCTOBER 20, 2024

More than half (59%) of accountants admit to making several errors per month, Gartner research found. The same research found that companies with high acceptance of finance technology solutions see a 75% reduction in financial errors. It focuses on presenting financial data clearly and in accordance with accounting standards.

financial statements 130

financial statements accounting and finance accounting standards Sales 130

TaxConnex

APRIL 20, 2021

And for many accountants and CPA firms, this time of year means extra-long hours and more time spent managing clients’ finances. Why should sales tax be any different? Many companies are enamored by an automated sales tax returns approach. Did you sign-up to be your own sales tax manager? They turn to experts.

Sales 214

Sales Tax tax return income tax 214

Accounting Seed

NOVEMBER 21, 2024

Accounting software is one of the most valuable tools a nonprofit can have, as it allows team members to shift their focus from tedious data management to what truly matters: serving people and making an impact. However, great accounting software doesn’t need to cost an arm and a leg. leading to an inefficient accounting process.

accounting software 59

accounting software AP Automation Account accountant 59

Basis 365

MARCH 23, 2025

The way businesses handle their finances is evolving. Managing accounting in-house is expensive, time-consuming, and often inefficient. Outsourced accounting services offer a smarter approach. But outsourced accounting isnt just a sound investment, its a growing trend that will influence the future of business.

Account 52

Account accountant accounted Technology 52

Basis 365

DECEMBER 23, 2024

The holiday season is a time for businesses to capitalize on increased consumer spending, yet despite the cheery holiday decoration, this period can be rife with accounting challenges for businesses. From managing cash flow to preparing for year-end reporting, the pressure on your accounting needs can quickly escalate during the holidays.

bookkeeping 52

bookkeeping Account accountant accounted 52

Basis 365

MARCH 23, 2025

The way businesses handle their finances is evolving. Managing accounting in-house is expensive, time-consuming, and often inefficient. Outsourced accounting services offer a smarter approach. But outsourced accounting isnt just a sound investment, its a growing trend that will influence the future of business.

Account 52

Account accountant accounted Technology 52

CPA Practice

OCTOBER 30, 2023

While marketing teams have been using AI assistants to whip up emails and create LinkedIn Ads, the accounting teams have struggled to reap the potential rewards AI technology can deliver. Fortunately, a series of advances in AI have now unlocked new ways for the technology to help accounting teams work faster, smarter, and more accurately.

Finance 119

Finance Account accountant accounted 119

Going Concern

DECEMBER 20, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 52

Real Estate Account accountant accounted 52

CPA Practice

NOVEMBER 11, 2024

This webinar will be held on Tuesday, December 3, 2024 at 1:00pm ET Sponsor: Avalara Duration: 1 Hour Register Now We’ll demonstrate how automation integrates with popular accounting platforms to save time, reduce risk, and enhance efficiency. We live and breathe sales tax and license compliance. Plus, earn free CPE credit!

Tax 116

Tax Indiana Technology CPA 116

DuctTapeMarketing

JULY 14, 2018

Small Business Finances. Cloud-based accounting software can provide a whole suite of tools to help business owners get ahead. Handle payments and manage accounts payable. A growing number of small business owners are outsourcing their bookkeeping to cloud-based companies that wrap around accounting software. Paid Search.

bookkeeping 238

bookkeeping accounting and finance accounting software accounts payable 238

Withum

SEPTEMBER 6, 2022

The accounting department’s staffing and sophistication now require an investment to accommodate these challenges. Scaling the Accounting Department. What used to be a process managed through a single credit card and bank account, which were reconciled with minimal time and resources, has now become an overwhelming monthly task.

Account 122

Account accountant accounted accounts payable 122

Going Concern

OCTOBER 31, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 59

Real Estate Account accountant accounted 59

Going Concern

JANUARY 9, 2025

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 52

Real Estate Account accountant accounted 52

CPA Practice

OCTOBER 29, 2024

Lili , a financial platform designed for small business owners, today announced that it is launching Lili Connect,an embedded finance integration that streamlines small business banking, accounting, and tax processes, allowing partners to offer Lili’s comprehensive financial management tools directly through their platform.

E-commerce 97

E-commerce accounting and finance Finance Tax 97

Going Concern

JANUARY 2, 2025

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 52

Real Estate Account accountant accounted 52

inDinero Tax Tips

DECEMBER 2, 2024

This article is a primer for founders without finance backgrounds who want a sense of what should be on their minds when developing a financial plan for their SaaS startup. CAC calculations only include costs directly related to acquiring a customer, such as sales team costs or marketing spend.

accounting and finance 105

accounting and finance Sales Account accountant 105

CPA Practice

OCTOBER 22, 2024

Since 2019, Grant Thornton has teamed up with Workday , a leader in enterprise cloud applications for finance and human resources. Houts is a seasoned delivery and sales leader with a proven track record of driving substantial revenue growth and optimizing strategies across diverse sectors.

accounting and finance 119

accounting and finance Healthcare Manufacturing payroll 119

Basis 365

APRIL 14, 2025

Companies across industries were forced to rethink their operational strategies, especially in critical areas like finance and accounting. As businesses continue adapting to this new normal, one trend has gained significant traction: outsourced accounting. But why has outsourced accounting become the new normal?

Account 52

Account accountant accounted quickbooks 52

xendoo

MARCH 21, 2022

Crunching numbers may not be your forte, but every online business needs a strong eCommerce accounting plan. This guide will cover this and more: Bookkeeping and accounting for eCommerce. Types of accounting software. How do you do eCommerce accounting? What does an eCommerce accountant do?

Account 115

Account accountant accounted bookkeeping 115

SMBAccountant

MARCH 6, 2024

Accounting operates within its own language, a system of terms and conventions that serve as the backbone of financial communication and analysis. Understanding this unique language is essential for interpreting financial data, making informed decisions, and effectively navigating the intricate world of business finance.

accrual accounting 130

accrual accounting accounts payable Account accountant 130

VetCPA

SEPTEMBER 8, 2022

Small businesses make accounting errors and oversights regularly. Here, we cover five of the most common small business accounting mistakes. Recording everything is an excellent rule to follow for bookkeeping and accounting for a small business. You refuse to outsource your accounting needs.

small business accounting 130

small business accounting business accounting bookkeeping Account 130

TaxConnex

APRIL 6, 2021

There’s always something changing in the world of tax, especially sales tax. The Alaska Remote Seller Sales Tax Commission has approved its “Remote Seller Sales Tax Code & Common Definitions” that would apply to local municipalities in Alaska that choose to adopt it. Online sales tax revenues have accounted for about 66.4

West Virginia 147

West Virginia Sales Nebraska Alaska 147

Going Concern

NOVEMBER 21, 2024

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you!

Real Estate 52

Real Estate Account accountant accounted 52

Withum

DECEMBER 14, 2023

On December 13, 2023, the Financial Accounting Standards Board (FASB) finalized Accounting Standards Update (ASU) 2023-08 “Accounting for and Disclosure of Crypto Assets”. Contact Us The post Accounting Standards Update 2023-08: FASB’s New Crypto Accounting Guidance appeared first on Withum.

accounting standards 116

accounting standards Account accountant accounted 116

MyIRSRelief

APRIL 3, 2023

Small business owners often find themselves juggling multiple responsibilities, from managing employees to overseeing operations to marketing and sales. Amidst all these demands, managing finances can easily become overwhelming, especially for those who lack a strong financial background.

Account 130

Account accountant accounted accounting and finance 130

PANALITIX

MAY 31, 2021

Specializing an Accounting Business: . Accountants are increasingly specializing in response to the commoditization of ‘traditional’ accounting services. Accountants are increasingly specializing in response to the commoditization of ‘traditional’ accounting services. Management accounting. Cost Accounting.

Account 130

Account accountant accounted Non-Profits 130

TaxConnex

JANUARY 20, 2022

Monitoring and responding to notices as well as making the corresponding adjustments or taking the prescribed actions is one of the many pieces of your sales tax compliance process. So who is managing your sales tax notices? They can arrive by mail, be emailed or be posted to your account on the jurisdiction’s website.

Sales 242

Sales accounting and finance tax return Tax 242

TaxConnex

MAY 11, 2021

Both the process of reporting sales tax and the level of sales tax detail required varies from state to state. Some reporting requirements that should be considered in your sales tax compliance process are: 1. In most states, sales tax is reported to the individual state. Know your Deadlines.

Sales 162

Sales Tax Colorado tax return 162

PYMNTS

DECEMBER 7, 2020

Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research. Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues.

Finance 142

Finance B2C B2B accounting and finance 142