Airbase

DECEMBER 5, 2023

This blog explores the critical importance of these reports, delving into how they contribute to financial transparency, regulatory compliance, and the overall efficiency of business operations. Let’s take a closer look at business expense reports and how your business can optimize the process. Types of expense reports.

Approval Workflows 130

Approval Workflows Expense Management Entertainment Technology 130

Shay CPA

FEBRUARY 14, 2024

Know How Section 174 Changes R&D Expenses Historically, you could take the deduction for R&D (which the IRS called R&E [research and experimentation]) expenses in the year you spent the money. Knowing about this might also impact how you spend in 2024 and beyond. Either way, we can help. For that, we tapped an expert.

Technology 52

Technology Tax CPA accounting principles 52

Xero

OCTOBER 1, 2023

And how do they get it? This could be anything from the personal information of staff and customers, to confidential business information like sales and inventory records, credit cards and banking information, or account credentials used to access company systems. How do cyber criminals access your accounts?

Start-ups 111

Start-ups Account accountant accounted 111

ThomsonReuters

JUNE 29, 2022

Previously, we asked the CPP exam quiz question, how long does the IRS requires an employer to keep certain employment tax records (i.e., Department of Labor (DOL) have different time periods for how long to keep certain payroll information for recordkeeping purposes. The IRS and U.S.

payroll 97

payroll Tax tax return income tax 97

ThomsonReuters

JANUARY 18, 2024

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

Account 59

Account accountant accounted tax preparation 59

Xero

JUNE 8, 2023

Like many entrepreneurs looking to save money, you may think you can’t afford an accountant or bookkeeper. To find an accountant or bookkeeper who’s the right fit for your business, be sure to have a look at Xero’s Advisor Directory , using the filters to explore by industry or location.

Retail 91

Retail Tax bookkeeping payroll 91

Shay CPA

APRIL 5, 2023

With that in mind, our team of expert tech startup bookkeepers and accountants put our heads together. Organize according to GAAP If you’ve been following our blogs, you’ve probably seen this come up before. GAAP stands for Generally Accepted Accounting Principles. ‘Tis the season. This doesn’t just apply to your abode.

bookkeeping 59

bookkeeping accounting principles accounting standards bookkeeping services 59

CPA Practice

MARCH 8, 2023

Anyone who deals with property tax knows firsthand how complex it can be to manage, especially given how tax laws differ not only between states but even among local jurisdictions within the same state. Ask three organizations how they manage their property taxes, and you’ll get three different answers.

Tax 105

Tax Technology accounting and finance tax return 105

Xero

JANUARY 14, 2024

While the large language models that underpin these new generative AI tools have existed for a long time, AI as a technology has remained in the hands of engineers and scientists, peripheral to the public’s awareness. There is no shortage of hype surrounding artificial intelligence (AI).

Technology 84

Technology Manufacturing Start-ups Account 84

Mark Lee

OCTOBER 17, 2023

When accountants ask me how they can distinguish themselves from their immediate competition, I remind them that whilst the work output may be much the same (in terms of accounts and tax returns), the service, style, approach and fees may be very different. To my mind this is the start of a service guarantee.

Account 94

Account accountant accounted tax return 94

Xero

MAY 27, 2022

Part of the government’s plan to digitalise the UK tax system and make it easier to get your tax right, MTD for ITSA requires landlords and those who are self-employed and earning above £10,000 annually to use MTD-compatible software to keep digital records and submit updates to HMRC. . How can landlords calculate income for MTD?

income tax 66

income tax Tax tax return Real Estate 66

ThomsonReuters

JULY 6, 2023

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. That’s why many accountants are embracing the profitable shift to tax advisory services. That’s why many accountants are embracing the profitable shift to tax advisory services.

Tax 98

Tax tax return income tax audit 98

DuctTapeMarketing

JULY 31, 2018

How Cloud-Based Accounting Software Can Benefit Your Business. How Cloud-Based Accounting Software Can Benefit Your Business. One area that business owners know is important is accounting and bookkeeping, although it’s often the last area they want to spend time on. About Company. John Jantsch Speaking.

accounting software 147

accounting software Account accountant accounted 147

inDinero Accounting

APRIL 8, 2023

However, deciding between cash vs. accrual accounting methods is a critical one that will have far-reaching implications. For instance, why is it essential to select between cash and accrual accounting methods? What sets cash and accrual accounting approaches apart? What Is Cash Basis Accounting?

accrual accounting 52

accrual accounting Account accountant accounted 52

ThomsonReuters

JULY 11, 2023

Accounting professionals have long been trusted advisors for their clients. That relationship was shifted into higher gear by the onset of the COVID-19 pandemic as many companies turned to their tax and accounting professionals to help keep their businesses afloat. So how can firms elevate their advisory journey?

tax preparation 75

tax preparation tax planning Tax CPA 75

ThomsonReuters

SEPTEMBER 7, 2023

Helping clients with claiming dependents Tax software for claiming dependents on taxes From an accountant’s perspective, helping your clients navigate the various aspects of claiming dependents on taxes can be complicated. Jump to: Qualifying for the dependent care credit What is a dependent care FSA?

Tax 52

Tax income tax tax return tax preparation 52

Xero

JULY 17, 2022

It can be a moment to pause and take note of where your business currently is and how it operates – as well as where you want to be. It may seem like more effort upfront, but taking the time now can save you considerably more in the long run. Pristine record keeping makes life easier for you – and your advisor.

accounting software 109

accounting software Start-ups Government Sales 109

xendoo

DECEMBER 15, 2021

Consistent bookkeeping provides the financial insight needed to strategize for long-term success. Even if the books are only behind a few weeks, up-to-date records are crucial for the financial well-being of every business. In this blog post, we are exploring the top 5 benefits of catch up bookkeeping ! .

bookkeeping 69

bookkeeping financial statements Tax bookkeeping services 69

Xero

JULY 11, 2022

After nearly three long years, Xerocon London is back, and may not be quite as you remember it. With a swish new venue and a summer date, we can’t wait to welcome you – whether you’re a Xero user, or a cloud accounting enthusiast – back for two days of insights, inspiration and networking. . Pack for comfort.

bookkeeping 62

bookkeeping account management accounting manager Start-ups 62

DuctTapeMarketing

JULY 24, 2018

Here are some questions to consider that can help guide your discussion with a payroll company: Question: How many clients do you have? Social Media. Marketing Automation. Website Design. Advertising. Small Business Finances. About Company. Consultant Network and Training. John Jantsch Speaking. Contact Us Contact Our Team. 0 Comments.

payroll 142

payroll accounting and finance Start-ups Tax 142

CPA Practice

JULY 21, 2023

Today, they account for 99.9% One way to trim unnecessary spending for the long haul is to adopt more energy-efficient operating measures. One way to trim unnecessary spending for the long haul is to adopt more energy-efficient operating measures. of all companies , according to the U.S. Chamber of Commerce.

Washington 98

Washington accounting and finance Start-ups Finance 98

ThomsonReuters

FEBRUARY 23, 2023

Miscommunication, unrealistic expectations, and personality differences are bound to surface on occasion, but establishing boundaries early on can help accountants avoid these problems and better manage client expectations. The relationship accountants have with their clients is no different. They don’t view you as a partner.

Account 59

Account accountant accounted Tax 59

Snyder

OCTOBER 27, 2022

This blog will teach you how to receive payments on Etsy , both including and apart from PayPal. This blog is a part of a series dedicated to the most popular e-commerce marketplaces’ payment solutions. What are Etsy Payments and how do they work? How is tax paid with an Etsy seller account. Contents: 1.

E-commerce 98

E-commerce accounting and finance Tax Sales 98

Xero

NOVEMBER 23, 2022

In my role as GM of Xero Go, I speak with sole traders, accountants and bookkeepers and have learned so much about the ups and downs of running a business solo. I love the passion and determination they so often display and know how challenging it can be, particularly over a sustained period. .

accounting and finance 70

accounting and finance bookkeeping Tax Finance 70

5 Minute Bookkeeping

FEBRUARY 3, 2022

If you’re here, you’ve likely heard of the 5 Minute Bookkeeping blog, and maybe the 5 Minute Bookkeeping YouTube channel , too. I love interacting with our community online, and I thought that for a change, you might want to see a behind the scenes look at how I put together the videos for my YouTube channel. It doesn’t matter.

bookkeeping 52

bookkeeping Start-ups E-commerce quickbooks 52

ThomsonReuters

APRIL 4, 2022

So, how do you get your boss on board? The game-changer is in the journey — how you get to that final output and what are the efficiencies gained along the way. One of the first steps you can take is to keep a log and document all of the struggles you and your staff, are experiencing during tax season.

Tax 98

Tax Technology tax preparation tax return 98

Xero

AUGUST 22, 2022

The road to Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is long and winding, but the end is in sight. From April 2024, sole traders and landlords with a total annual turnover above £10,000 need to use MTD for ITSA compatible software to keep digital records and file returns. Getting started.

Account 71

Account accountant accounted tax return 71

Xero

MAY 30, 2022

The Xero Small Business Index is a unique indicator that uses timely data to show how small businesses are performing overall each month. The Xero Small Business Index is a unique indicator that uses timely data to show how small businesses are performing overall each month. Sales rose 6.3% y/y in Australia and only 2.9% days in April.

Non-Profits 70

Non-Profits bookkeeping Sales accounting and finance 70

Snyder

APRIL 25, 2022

So how do you deal with inventory management? This article will teach you how to track inventory and avoid overstocks or understocks. How to improve inventory management. It’s crucial for businesses of any size to inventory their goods and merchandise so that they can keep them on hand and meet the needs of their customers.

E-commerce 98

E-commerce Maine Manufacturing Start-ups 98

ThomsonReuters

JANUARY 12, 2023

The primary role of an accountant is to handle a variety of tasks including tax preparation, financial planning and audits. . With advanced technology shifting the way accountants work, many are looking to expand into specialized services that can give them a leg up on the competition. Let’s start from the beginning. .

audit 59

audit auditor Account accountant 59

ThomsonReuters

APRIL 4, 2022

You understand the importance of providing clients more proactive, strategic advice, but you’ve been unsure how to make the pivot — until now. A good place to start is communicating with your boss how the service can help your firm overcome challenges facing the profession. Let’s take a closer look. This is not new.

tax preparation 97

tax preparation Tax accounting and finance Education 97

ThomsonReuters

MARCH 16, 2021

The list of disruptions is long: the US-China tariff war, Brexit , the COVID-19 pandemic, and evolving international trade deals including the United States-Mexico-Canada Agreement and the Trans-Pacific Partnership. “In How can companies best prepare for it? The next disruption. Global trade analytics add value to the business.

Technology 81

Technology Construction Manufacturing Sales 81

ThomsonReuters

DECEMBER 17, 2020

With the recent rash of public company fraud issues that were missed both internally and by external auditors, there has been a lot of negative news coverage for the accounting industry. How public company fraud affects the small CPA firm. We often talk about how important reputation is in a client-focused business such as accounting.

cpa firm 95

cpa firm CPA audit auditor 95

CPA Practice

SEPTEMBER 14, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, talk about how they keep up with the latest accounting, business, and advanced technology. This is Randy Johnston with my co host, Brian Tankersley, CPA.CITP, CGMA, and today we’d like to talk to you about how we keep up with technology.

Technology 59

Technology Kansas Tennessee Start-ups 59

ThomsonReuters

MAY 12, 2022

What triggers a sales tax audit and how do you reduce the risk of an audit? This survival guide offers strategies and tips from former auditors on how indirect tax teams can avoid audits and minimize their effects. How do you prepare for a sales tax audit? Almost all companies undergo a sales tax audit at some point.

audit 105

audit Sales Tax auditor 105

ThomsonReuters

APRIL 18, 2023

The accounting profession has faced a profound shift in recent years: from significant regulatory changes to an influx of innovative technologies, to reimagined business models, to an increase in client expectations. What are the current issues in accounting? but there are several common hurdles that often run industry wide.

Account 52

Account accountant accounted Technology 52

LyfeAccounting

OCTOBER 19, 2020

In today’s post, I am going to explain a pretty confusing concept in accounting and business. A concept that a lot of entrepreneurs and even accountants have trouble wrapping their heads around. And that is the difference between cash vs accrual accounting. The answer had everything to do with cash vs accrual accounting.

accrual accounting 52

accrual accounting Account accountant accounted 52