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Cash or Accrual Accounting: What’s Best for Tax Purposes?

RogerRossmeisl

Your businesses may have a choice between using the cash or accrual method of accounting for tax purposes. Therefore, you need to evaluate the tax accounting method for your business to ensure that it’s the most beneficial approach. The post Cash or Accrual Accounting: What’s Best for Tax Purposes?

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Choosing the Right Accounting Software

SMBAccountant

The beginning of a new year also means a fresh start for your Income Statement; which is why now is the perfect time to review your accounting software needs. Accounting may be complicated and time-consuming, especially with spreadsheets. That's why most firms use invoicing and accounting software.

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Inflation Enhances the 2025 Amounts for Health Savings Accounts

RogerRossmeisl

The IRS recently released guidance providing the 2025 inflation-adjusted amounts for Health Savings Accounts (HSAs). Fundamentals of HSAs An HSA is a trust created or organized exclusively for the purpose of paying the qualified medical expenses of an account beneficiary. Within specified dollar limits, an above-the-line.

Account 253
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Why Your Accounting Firm Needs Managed IT Services

CPA Practice

Sangeeta Chhabra Efficiency and speed matter more than ever in today’s business environment—and for the majority of accounting firms. These services scale IT infrastructure to help accountants speed up accounting services, manage the workforce, adhere to global compliances, and lower operational costs. GDPR, CCPA, etc.).

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How Finance and Accounting Operations Fail to Scale Efficiently

Every company, no matter its size, must address its finance and accounting requirements. This guide looks at the finance function for companies at different stages, and the types of issues and challenges that they face when they fail to build agile, scalable accounting and finance operations from the start.

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The Best Tech for Accounting Firms: The 2024 Tax and Accounting Innovation Awards Announced!

CPA Practice

After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. as they promise to dramatically improve client services, firm management, small business accounting and many other areas of operations.

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Accountants bearish, mostly

Accounting Today

Accountants are generally pessimistic about the economy as a whole, but feel much more confident when it comes to their own firm and clients.

Account 121
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Change Your Mindset: The Key to Growing Your Accounting Practice

Speaker: David Bergstein, Chief Innovation Officer at Bergstein CPA

In the accounting profession, the post-COVID business model is surely on everyone's minds. Join David Bergstein, Chief Innovation Officer at Bergstein CPA, as he shares insight on the accounting landscape, new trends, and practical tips for reevaluating your company's positionality.

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10 Pragmatic Guidelines to Inspire Trust in Your Accounting Firm During COVID Times

Speaker: Javier Goldin, Managing Partner at Goldin Group LLC

The accounting profession has been moving from transactional to advisory work. In this webinar you will learn: How important are face to face relationships for an accounting firm? Advisory work is based on relationships and an ongoing dialogue. The pandemic has forced many firms into a remote environment.

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Rethinking the Concept of the Employee: How Outsourcing Can Help Grow Your Accounting Business

Speaker: Dixie McCurley, Principal, Digital Advisory at Cherry Bekaert LLP

In this post-COVID world, clients are reevaluating their expectations as far as an in-person relationship with their CPAs and accounting professionals. What a supplemental "gig economy" looks like for an accounting firm. Why outsourcing can help yield growth by augmenting your current model.

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Telling a Great Story with Data

Speaker: Jeff Epstein, Operating Partner at Bessemer Venture Partners, & Aneal Vallurupalli, CFO at Airbase

They will share details on how small accounting and finance teams can support the data requirements of teams across an organization and provide actionable examples of how to tell a story with the numbers. With this, decision-makers can be better informed with data that provides perspective and insights.

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Making A Bigger Impact with Automation

Speaker: Nadia Asoyan, VP of Finance at Trusted Health, and Amer Ali, VP of Finance at Netlify

We’ll also explore how to evaluate accounting software to ensure that your tech stack works for your company’s needs today, and that it will scale into the future. Learn about the automation mindset behind some of the most efficient companies.

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Simplify Your Business Finances with Dedicated Bookkeeping Services

Open monthly communication and an easy-to-use online chat with your bookkeeper provide consistent support and seamless management.

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Managing Security Issues with a Remote Workforce while Continuing to Grow Your Practice

Speaker: Jim Bourke, Managing Director Advisory Services at WithumSmith+Brown

Accountants are the “Trusted Professionals.” Gain an awareness of some of the unique technologies that are ready to take the accounting profession to the next level. As trusted professionals, clients “expect” us to deploy best practices around privacy and security. The recent pandemic forced change onto our profession. and more!

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Perfecting the Close Checklist

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Field of Study: Accounting. Let’s rediscover the power of reconciling the balance sheet, the best way to approach the work, and the pitfalls to avoid when preparing or examining reconciliations. 1 CPE credit will be provided for qualifying participants. Recommended CPE: 1 CPE. Program Cost: $0. Program Knowledge Level: Overview.