Going Concern

DECEMBER 20, 2024

TAX CANDIDATES FTE Tax Senior | Candidate ID #23636747 Certifications: EA Education: BS Experience (years): 5 years tax experience Work experience (detail): All in public accounting 5 tax seasons preparing returns for HNWIs and SMBs 300+ returns per season, 50-50 individuals, businesses Client-facing with S-Corps, partnerships, trusts Business development (..)

Real Estate

Shay CPA

JUNE 11, 2025

Disclaimer: The content provided on this blog is for general informational purposes only and does not constitute professional accounting, tax, or legal advice. For more insights or to discuss your financial operations, Contact Us.

accounting and finance

Accounting Insight

APRIL 14, 2025

This minimises the risk of compliance-related issues and legal complications. Time Management Time-tracking and task management features assist accountants in optimising their schedules. Integration Capabilities: Ensure seamless integration with existing accounting systems to avoid disruptions in workflow.

accounting firms

Going Concern

JANUARY 9, 2025

Remote Work Experience: Y Salary: $75-$85k Time Zone: Eastern Sign up for FREE to learn more about this candidate SEASONAL TAX FREELANCE CANDIDATES Request a service agreement to view full freelancer details by scheduling a call.

Real Estate

Going Concern

JANUARY 2, 2025

TAX CANDIDATES FTE Tax Senior / Manager | Candidate ID #23674176 Certifications: EA Education: BS Accounting, MS Accounting and Finance Experience (years): 20+ years accounting and tax Work experience (detail): 10+ years in public accounting Remote team management experience Tax planning and compliance, advisory 70% review during 2024 tax season Preparation (..)

Real Estate

Going Concern

MAY 1, 2025

TAX & ACCOUNTING CANDIDATES FTE Tax and Accounting / Senior | Candidate ID #24150397 Certifications: EA Education: BA Accounting Experience (years): 4+ years tax, accounting and advisory Work experience (detail): Currently a senior accountant with a public firm Prepared 300+ individual and SMB returns in 2025 Full cycle accounting and financial (..)

Real Estate

ThomsonReuters

DECEMBER 20, 2024

The process involves obtaining and regularly updating W-9 forms to ensure accurate records of vendors’ legal names and tax identification numbers. Finally, the system should facilitate e-filing, allowing seamless distribution of forms to third parties and the IRS, further simplifying the compliance process.

Technology

Going Concern

JANUARY 17, 2025

billion was “incorrectly recorded” to a bank fund as part of a transition years ago to a different state accounting system, according to the report. Cost of investigating mystery $1.8B billion of the mystery $1.8 billion [missing from South Carolina state funds] “did not represent real cash.”

South Carolina

TaxConnex

JULY 18, 2024

Returns/Credits Returns and credits should be clearly identified in your accounting system. Ensure these bad debts are clearly identified and documented in your accounting system. They can provide guidance and ensure that your records meet all legal requirements.

audit

Withum

JULY 23, 2024

The Defense Federal Acquisition Regulation Supplement (DFARS) outlines specific requirements for contractors’ accounting systems. These systems play a crucial role in ensuring accurate financial reporting, compliance with regulations, and effective cost management. What Is an Accounting System?

accounting system

Steve Feinberg

APRIL 11, 2023

So, when it comes to finding shortcuts and other ways to keep the contracts coming in, accounting systems for web designers can help keep your workflow on track and ensure you get paid when you need to. Here are a few key features to consider before deciding on the right system for you.

accounting system

Accounting Insight

SEPTEMBER 29, 2023

Research reveals just one in 10 UK finance decision-makers (10%) has full visibility of spend across the legal entities of their business leaving the vast majority struggling to see the bigger picture. It enhances financial control, transparency, and accountability – all are essential for long-term business success and sustainability.”

Legal

xendoo

APRIL 19, 2021

To be competitive in the new economy, cloud-based accounting is no longer a luxury; it’s a necessity. Here are some of the best accounting systems for Shopify that can help get your business on track. QuickBooks Online is the cloud-based version of the popular and versatile QuickBooks business accounting software.

accounting system

Cherry Bekaert

JANUARY 30, 2024

This episode highlights key topics to help guide your business forward, including: Scenarios and implications to CAS when: A CAS-covered company acquires a company that is non-CAS covered A non-CAS covered company acquires a company with CAS coverage The two most common approaches on how to treat the company you are acquiring, specifically: A legal (..)

accounting standards

Cherry Bekaert

JUNE 27, 2024

If significant system deficiencies are identified and not corrected, the DoD can impose substantial consequences, such as withholding a percentage of payment or deeming a contractor ineligible to submit bids. Table of Contents: What Are the Requirements for an Adequate Accounting System?

accounting system

TaxConnex

JUNE 9, 2022

Opponents promise legal challenges. The taxpayer, a bank, purchased computerized services that maintained the accounting system and services on a real-time basis. It claimed that these services were exempt as accounting services and as customization of software. Additional updates. Texas sales tax revenue totaled $3.83

Sales

Withum

MAY 2, 2024

In a landmark move, the Drug Enforcement Administration (DEA) announced on April 30, 2024, that it will initiate the process of rescheduling cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA), effectively recognizing its medical value and opening the door for more research and legal access.

Legal

MyIRSRelief

OCTOBER 2, 2023

Businesses are subject to a variety of tax laws, and accounting and bookkeeping help you ensure that you’re meeting all of your tax obligations. If you ever need to raise money for your business, investors and lenders will want to see that you have a good accounting system in place. To secure funding.

tax services

SMBAccountant

NOVEMBER 17, 2021

Including the child support deduction in a lump sum payroll expense can also lead to legal issues. Even though the employee paid their child support by having it deducted from their paycheck, if the business doesn’t make the proper payments it can cause legal issues for the parent.

payroll

TaxConnex

MARCH 7, 2023

Slightly more than that (86%) used internal staff and resources; or an existing accounting system or integrated third-party sales tax software to manage jurisdictional notices and communication, and 81% used integrated third-party sales tax software when calculating sales tax.

Sales

Withum

NOVEMBER 30, 2023

1099 MISC (Miscellaneous) reports miscellaneous payments such as rent, prizes and awards, other income, medical and health payments, legal settlements, crop insurance proceeds, and fish boating process of $600 or more. First, you want to familiarize yourself with the standard 1099 forms that most companies must file.

Start-ups

Basis 365

APRIL 20, 2022

All of those items, plus many more need to be accounted for and have accurate records. Starting your business with a reliable eCommerce accounting system in place will make running your business much more manageable. You can be personally held responsible for the legal and financial debts of your business.

accounting and finance

CPA Practice

OCTOBER 31, 2024

We attempt to clarify these classifications and provide actionable insights for structuring an accounting system that aligns with both GAAP and FAR guidelines. Download a sample chart of accounts ABOUT THE AUTHOR: Jim Wesloh is the founder of PROCAS , a leading provider of financial solutions for government contractors.

accounted

Ryan Lazanis

JULY 21, 2022

Accounting Engagement Letter: What Is It? Engagement letters for your accounting or CPA firm is a legal document agreement sent to your clients that describes the overall business relationship with your client, clearly defining: Services included and how they’ll play out. Let’s get started. Each other’s responsibilities.

accounted

Ryan Lazanis

MAY 24, 2023

For kicks, here’s the oldest Xero screenshot that can be found on record (from 2007): Here are some tips to leveraging cloud computing in accounting: Tip 1: Become Cloud Accounting Certified Master the popular cloud accounting systems , like Xero or QuickBooks Online, by becoming certified on their platforms.

Technology

Menzies

SEPTEMBER 6, 2024

Accounting systems The COFA should review, on an annual basis, the accounting systems for compliance and ensure they are appropriate, up to date, documented and available to all members of the team. Up to date systems notes will assist your employees and managers and in particular any new legal cashiers.

accounting and finance

Accounting Insight

SEPTEMBER 13, 2024

The tech industry is powered by data, so for growing companies in the sector, having an agile, efficient and insightful financial reporting system allows them to maximise investments and scale sustainably. The latest accounting systems can automate a whole range of manual tasks, saving the finance team up to a week of time a month.

Technology

PYMNTS

OCTOBER 19, 2016

” Accuracy and power are crucial for forecasting systems to be able to not only streamline data across the entire enterprise but integrate that data into what’s recorded within corporate ERP systems.

Technology

PYMNTS

APRIL 12, 2019

Australian small business cloud accounting company MYOB is calling for legal action to address the security risks facing small businesses, reports in CIO said on Thursday (April 11). ” The Australian Taxation Office introduced such mandates on cloud accounting systems last year.

Legal

Withum

FEBRUARY 6, 2023

Consolidate operations for traditional management reporting (ex: logging into 19 separate legal entity instances and then waiting 3 hours to run all the Trial Balances, which were then exported to Excel to consolidate the numbers). The taxing authority auditor’s request to pull invoices substantially decreased.

tax preparation

Withum

SEPTEMBER 23, 2024

This includes financial advisors, tax advisors, legal professionals, and investment bankers who specialize in M&A for healthcare practices. Additionally, a proper accounting system, such as QuickBooks, Sage Intaact, or even NetSuite, is crucial for accurate financial reporting and transparency.

Healthcare

Ryan Lazanis

APRIL 20, 2022

There’s also hiring, building accounting systems, and a host of other specialized accounting services these businesses need. . These issues make legal professionals a great niche since they understand the need for specialized services. Example: KORE Accounting Solutions. Example: Kruze Consulting. 2) Ecommerce.

Real Estate

Accounting Insight

AUGUST 5, 2024

This minimises the risk of compliance-related issues and legal complications. Time Management Time-tracking and task management features assist accountants in optimising their schedules. Integration Capabilities: Ensure seamless integration with existing accounting systems to avoid disruptions in workflow.

accounting firms

inDinero Tax Tips

FEBRUARY 22, 2023

If your company uses GAAP accounting, ASC 606 could drastically alter your accounting practices and financial situation. A company based on a cash accounting system will earn revenue when it receives cash, not before or after. Under GAAP, a company doesn’t necessarily recognize revenue when cash changes hands.

international accounting standards

PYMNTS

NOVEMBER 16, 2016

From a legal perspective, different communities and different states have different legislations and requirements when it comes to leases and how you hold deposits for units. We’re picking up cities as we have the time to embed their legal requirements into our system, which is cumbersome.

Legal

FraudFiles

DECEMBER 10, 2020

Management and legal counsel need to increase their fraud knowledge in order to best identify fraud. Bank accounts that remain unreconciled for long periods of time are immediately suspect. I have witnessed many fraudsters who are clever enough to steal, but not bright enough to know how to cover their tracks in the accounting system.

Non-Profits

Withum

NOVEMBER 2, 2023

Staffing businesses operating in multiple states face intricate tax and labor laws, reporting requirements and legal obligations. Proper payroll management helps ensure compliance with these regulations, avoiding legal issues and potential fines.

payroll