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Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. As an accountant or CPA, you play a vital role in: Calculating and withholding taxes correctly. Your client will be assigned an employer tax account number for the state. By Nellie Akalp.

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Wall Street Journal Addresses the Accountant Shortage, Suggests a Recession Could Fix It

Going Concern

I made my entrée into accounting way back in 2007, at the time my job involved a three-hour roundtrip journey across four Bay Area counties and back and I was looking for something a bit closer to home. They say accounting is recession-proof, I had an inside view during the worst recession of our lifetime and must agree. WSJ graphic.

Account 119
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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. In addition, incorporating, of course, establishes their legal separation from the business’s liabilities sooner, which protects their personal finances from the business’s debts.

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Friday Footnotes: Tim Ryan Works Too Hard; Fake CPA Gets Violent Over QuickBooks Files; PwC PR | 10.20.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Early-career hires are set to account for the majority of job losses in some teams, as Deloitte retrenches following a slowdown in demand. Welsh said.

CPA 102
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Ex-NS8 CEO Charged With Defrauding Investors With Falsified Revenue

PYMNTS

which is based in Nevada, purportedly provides online retailers with fraud detection and prevention technology, according to the statement. “As Investors are entitled to accurate information about a company’s financial condition, and the SEC is committed to holding accountable corporate executives who deceive investors.”.

Nevada 101
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Bitcoin Daily: Dutch Parliament Cracks Down On Money Laundering; Busan Considers Launching Its Own Crypto

PYMNTS

Minister of Finance Wopke Hoekstra and Ferdinand Grapperhaus, Minister of Justice and Security, sent a note to Parliament on Monday (July 1) explaining a three-part approach to limit the risks associated with cryptos — an effort to make the country a leader in the fight against money laundering.

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QuickBooks Recent Updates and News

SchoolofBookkeeping

Intuit QuickBooks is committed to providing powerful tools and resources to help small businesses and accountants thrive without added stress. With this in mind, we have rolled out a new feature where the bank ID is used to automatically match bank deposits to payments - with no additional action needed from an accountant or business owner.