Shay CPA

JULY 28, 2025

We’re thrilled to announce that our entire accounting and tax team at Shay CPA P.C. Why This Matters for Founders & Finance Teams For technology founders and finance teams aiming for scale, a best‑in‑class accounting system is non‑negotiable. Contact us today to learn how Shay CPA P.C.

quickbooks

Analytix Finance & Accounting

JUNE 24, 2025

Let’s face it: managing accounting of your small-to-medium business in-house can be a challenge. Meeting tax deadlines. But here’s the thing… Outsourcing your accounting isn’t just a convenience anymore — it’s becoming a competitive advantage in 2025. You’re juggling endless spreadsheets.

Account

Cherry Bekaert

NOVEMBER 1, 2024

The not-for-profit membership association partnered with Cherry Bekaert for a comprehensive diagnostic assessment of its people and technology, which led to outsourced accounting services and the implementation of Sage Intacct accounting system, along with bill pay, expense reporting and budget systems.

Non-Profits

Basis 365

DECEMBER 23, 2024

Why Businesses Struggle with Accounting During the Holidays The holiday season brings unique accounting challenges that can overwhelm even seasoned business owners. While increased sales are good for revenue, they also generate more invoices, receipts, and payment reconciliations.

bookkeeping

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

Withum

JANUARY 23, 2025

A closing statement is more than just a piece of paper – it lists the transactions associated with the purchase or sale of a property, including the fees, agent commissions, and sales price. This information is essential for calculating capital gains taxes on the sale of a property.

Real Estate

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

ThomsonReuters

APRIL 4, 2025

For tax and accounting professionals, understanding blockchain and cryptocurrency is not just beneficialit’s becoming essential. This guide aims to provide you with a foundational understanding of blockchain and its implications for the accounting profession. One such transformative technology is blockchain.

Account

Shay CPA

JUNE 11, 2025

Every minute your leadership team invests in a drawn-out system transition is time taken away from product development, sales, and fundraising activities. is an NYC-based CPA practice supporting technology startups with tax compliance, accounting services, and strategic financial guidance.

accounting and finance

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

Shay CPA

MARCH 19, 2025

The built-in AI tool can also help you stay tax-compliant. Rillet can also calculate your magic number, which measures your sales efficiency by comparing your ARR to your sales and marketing spend. Puzzle uses AI to evaluate your compliance and audit readiness and flag potential issues.

quickbooks

Going Concern

DECEMBER 2, 2024

Buyout firm Sovereign Capital Partners is set to launch a new professional services group, Affinia, which will combine seven regional accountants already owned by Sovereign. The company has drafted in Darren Redmayne, a former executive at insurance group Close Brothers, to spearhead its push into accountancy. Alright, guy.

Account

CPA Practice

AUGUST 7, 2025

When firms lack a strong talent pipeline —as many do because of the worsening accountant shortage—they must rely heavily on their most experienced staff to carry the load day in and day out. Even short-term help can provide crucial breathing room for your team, allowing them to maintain quality across the board. indefinitely.

cpa firm

TaxConnex

JULY 18, 2024

This can lead to auditors assuming transactions are taxable, or making historical projections or arbitrary assessments of taxable sales. Sales Tax Accruals Ensure that sales tax is stated in your general ledger as a separate GL account number. Invoices Keep both sales and purchase invoices well-organized.

audit

TaxConnex

MAY 12, 2022

Once you’ve determined your requirement to collect and remit sales tax, you’ve set-up a process to charge sales tax, and you have registered with each required state, you need to consider how you will manage the return filing process. Contact us to learn more about how we can take sales tax completely off your plate.

Sales

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

TaxConnex

SEPTEMBER 15, 2022

If you are a business that must collect and remit sales tax, an audit is probably one of your biggest fears. Rightly so: Sales tax audits can find fault with a variety of your operations and can cost you big– if the determination goes against you. Not assessing nexus. Not knowing your taxability. Not expecting an audit.

audit

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. In this case, you might be able to leverage your existing accounting system.

Sales

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. Food for thought. Time for a renovation?

Sales

TaxConnex

AUGUST 10, 2023

Your online business is painfully aware of tax deadlines for income, payroll, property and other local taxes. Sales and use taxes have their deadlines, too – a dizzying number to follow, potentially with bad consequences if you miss even one. A lot of complications Currently, sales tax across the U.S.

Sales

TaxConnex

FEBRUARY 16, 2023

Think you’re the only one worried about sales tax compliance? According to our third annual Sales Tax Market Survey you’re not. Our company is highly acquisitive and this results in lack of consistency when it comes to billing, accounting and reporting,” said one survey respondent. Too much staff time needed.

Sales

TaxConnex

MARCH 7, 2023

Online retailers and eCommerce companies have been the focal point of taxing jurisdictions and their updated nexus laws for years. Our third annual survey of financial professionals revealed a sales tax storm in many industries. Yet these companies are unhappy about they handle sales tax.

Sales

TaxConnex

APRIL 13, 2023

Our third annual survey of financial professionals across accounting, manufacturing, construction, software and technology, retail/eCommerce, telecom and others showed that many industries face sales tax challenges and that financial leaders continue to lean on internal resources to get the job done.

Sales

TaxConnex

APRIL 20, 2023

If you refer to “filing taxes” most people think of income tax with its annual filing requirement. State sales tax is another beast altogether, with a dizzying number of deadlines – and, potentially, serious consequences for missing one. The states’ call Why no uniformity in sales tax requirements?

Sales

TaxConnex

APRIL 11, 2023

If you are a business that must collect and remit sales tax, an audit is probably one of your biggest fears. In fact, our annual survey of financial professionals on sales tax trends has ranked sales tax audits as a top worry for the third year in a row.

audit

TaxConnex

NOVEMBER 30, 2021

When you look at the details involved in your sales tax compliance process – preparing and filing returns, updating the filing calendar, managing notices, monitoring nexus thresholds and on and on – it’s easy to see why you need to simplify the process wherever possible. Smooth flow. Tie the data back to the source.

E-commerce

TaxConnex

JANUARY 4, 2022

Sales tax is similar in that you need to monitor the process, adjust, and tune-up the process occasionally. Sales tax rules , rates, filing frequencies and many other details change frequently. Calculate your tax correctly. First you start with the data itself and calculating the proper sales tax.

tax return

CPA Practice

NOVEMBER 10, 2023

For many small business retailers, managing a point-of-sale (POS) system comes with the territory of owning a store. With these systems, owners are able to manage things like inventory, scheduling, and more. Enter the small business accountant. By Eric Thornton. Let’s dig in. Let’s go back to our example of a pet store.

Sales

CPA Practice

JANUARY 17, 2023

Eide Bailly sees risk awareness driving growth in sales tax automation. Sales taxes continue to be one of the most dynamic and risk prone areas of business operations, particularly since so many businesses are still not fully aware of their compliance requirements. Nearly five years following the U.S. Wayfair, Inc.,

Technology

xendoo

MARCH 4, 2022

Many ecommerce owners understand the importance of making sales, but do you know how to record ecommerce sales for your accounting system? However, it can be challenging to set up an ecommerce bookkeeping system. Recording sales is a big part of that. What should you know about recording sales for ecommerce?

Sales

SMBAccountant

DECEMBER 16, 2020

For tax purposes, guidance may be different, but for this article’s purpose, the methods of recording R&D in a contractor’s accounting system will be discussed. There are 3 phases; 1) feasibility, studies, and software production, 2) distribution, and 3) sales. Software R&D also has different benchmarks.

Government

Snyder

OCTOBER 19, 2022

SAN FRANCISCO, October 19, 2022 – Synder, an e-commerce accounting and analytics software, launches Daily Summary Sync – a long-anticipated feature enabling an unparalleled experience for accountants and bookkeepers that work with high sales volume merchants. Flexibility in the level of automation you’d want to rely on.

bookkeeping

Ronika Khanna CPA,CA

AUGUST 13, 2024

This is a transcript from my YouTube Video on 5 Reasons Why Your Business Needs Accounting System Hello everyone! Today, I want to dive into a crucial topic for small business owners: accounting systems. So, what exactly is an accounting system? Similarly, tracking your expenses is equally important.

accounting system

Analytix Finance & Accounting

JULY 3, 2023

Through cloud-hosted accounting software, businesses acquire a faster and more efficient way to manage audits, tax preparation, banking, and payroll. Accounting systems integration is central to high-performing business operations, including CPA firms. Relying on outdated accounting systems can hinder their growth.

accounting system

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

Ronika Khanna CPA,CA

SEPTEMBER 22, 2023

This is especially true with respect to the more technical aspects of business such as accounting and tax. While you may not see yourself as a business owner, the tax authorities do and they, unfortunately, have the final say on this. Digital Download Available at Amazon 1.

Tax

Ronika Khanna CPA,CA

OCTOBER 5, 2023

Ensuring that you keep on top of your finances and tax obligations is among the most important of these tasks for which it is essential to have a system in place so that you can maximize tax deductions, minimize taxes payable and reduce amounts that you have to pay to CRA and RQ.

Tax