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The State of Accounting Automation

CPA Practice

There is perhaps no industry in which this dynamic is more apparent than accounting; 75% of accounting processes are largely manual, according to a recent Deloitte survey of accounting professionals. This demonstrates the potential impact that automation can have — and is already having — on the day-to-day lives of accountants.

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Backed up Bookkeeping – 5 Tips on Managing Your Accounting

MyIRSRelief

If you’re running your own business, in Los Angeles, or Orange County, regardless of how large or small your company is, you simply must ensure that you have your books and accounts in order. Here are several tips on managing your accounting. Make sure you keep business and personal finances separate.

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Accounting Websites: 43 Examples for Modern Firms

Ryan Lazanis

In this post, we’ll discuss key considerations for effective accounting website design and showcase a variety of inspiring examples that can guide your own creative approach. As such, instead of promoting your accounting skills, always prioritize client-centric messaging throughout your website. Let’s go!

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Seize the Opportunity Around California and the SEC’s New Carbon Reporting Requirements

Cherry Bekaert

By proactively embracing California and the SEC’s new carbon reporting rules, businesses can not only achieve compliance but also contribute to a more sustainable and resilient future. The SEC has followed California’s lead and published their mandate as well. In fact, most nations in the developed world, including the U.S.

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Shutting Down a Tech Company – Some Tax/Accounting Tips

Shay CPA

Close your accounts. You’ve probably already thought about closing your bank accounts, but that’s not the only area where you need to get things sorted. Specifically, you should look at: Payroll accounts, including withholding, Department of Labor, and state unemployment insurance accounts. Sales tax accounts.

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Do Accounting Firms Care if You’re On Drugs? Part III

Going Concern

12 years ago my former colleague Caleb Newquist published a post titled “Do Accounting Firms Care if You’re On Drugs?” After all, several states other than California have legalized recreational marijuana since then and apparently you can even buy shrooms online in Canada which holy s**t, what?! Probably not.

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States ease nexus thresholds

TaxConnex

South Dakota joins California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin in eliminating transaction-based nexus thresholds. Ron Wyden (D-OR), chair of the Committee on Finance that last year examined the impact of Wayfair on small businesses. Some states never adopted one.) Starting Aug.